CoreWeave (NASDAQ:CRWV) Shares Down 6.2% Following Insider Selling

Key Points

• Shares fell 6.2% intraday after heavy insider selling — CEO Michael N. Intrator executed pre‑arranged Rule 10b5‑1 sales (totaling ~307,693 shares) and major holder Magnetar sold 323,452 shares, as volume rose about 21% to 33.6M shares.
• Mixed fundamentals and analyst view: CoreWeave reported ~110% YoY revenue growth but an EPS miss, negative margins and high leverage (debt‑to‑equity 4.46), while analysts maintain a consensus "Moderate Buy" with an average price target of $125.16.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) traded down 6.2% during mid-day trading on Friday after an insider sold shares in the company. The company traded as low as $106.51 and last traded at $110.14. 33,605,660 shares traded hands during trading, an increase of 21% from the average session volume of 27,835,025 shares. The stock had previously closed at $117.42.

Specifically, CEO Michael N. Intrator sold 107,693 shares of the business's stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $116.42, for a total value of $12,537,619.06. Following the sale, the chief executive officer directly owned 5,256,465 shares in the company, valued at approximately $611,957,655.30. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael N. Intrator sold 200,000 shares of the business's stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $116.42, for a total transaction of $23,284,000.00. Following the completion of the sale, the chief executive officer owned 5,066,501 shares in the company, valued at approximately $589,842,046.42. This trade represents a 3.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other CoreWeave news, major shareholder Magnetar Financial Llc sold 323,452 shares of the business's stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $118.26, for a total value of $38,251,433.52. Following the sale, the insider directly owned 279,489 shares in the company, valued at approximately $33,052,369.14. The trade was a 53.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Barclays boosted their price target on shares of CoreWeave from $90.00 to $106.00 and gave the stock an "equal weight" rating in a research report on Monday. The Goldman Sachs Group initiated coverage on CoreWeave in a research note on Monday, January 12th. They issued a "neutral" rating and a $86.00 price target on the stock. Cantor Fitzgerald lifted their price target on CoreWeave from $149.00 to $156.00 and gave the stock an "overweight" rating in a research note on Thursday, April 16th. Macquarie Infrastructure reissued a "neutral" rating and issued a $115.00 price target on shares of CoreWeave in a research note on Tuesday, January 27th. Finally, DA Davidson lifted their price target on CoreWeave from $125.00 to $175.00 and gave the stock a "buy" rating in a research note on Monday, April 13th. Twenty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $125.16.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Very strong revenue momentum: CoreWeave reported ~110% year‑over‑year revenue growth last quarter, which underpins investor enthusiasm for its GPU/AI-cloud demand and supports the long‑term growth thesis. Read More.
• Positive Sentiment: Public bullishness and analyst support: Jim Cramer has discussed CRWV positively on Mad Money (calling it an “aggressive buy”), and several sell‑side firms have buy/outperform ratings and high targets — a catalyst for continued retail/institutional interest. Read More.
• Neutral Sentiment: Market volatility backdrop is calm today (VIX < 19), which generally favors risk assets and can help momentum names like CRWV — but reduced fear can also limit near‑term spikes. Read More.
• Neutral Sentiment: Capital/financing moves are ambiguous: the market has treated recent debt and equity raises as growth capital for expansion, but additional leverage increases execution risk and can add volatility. Read More.
• Negative Sentiment: Significant insider and major‑holder selling this week — Magnetar materially reduced its position and multiple insiders (including large Rule 10b5‑1 sales) sold tens or hundreds of thousands of shares; the scale of supply is a clear near‑term negative for the stock. Read More.
• Negative Sentiment: Earnings and margin risks remain: recent quarter showed a sizeable EPS miss and negative margins/ROE; analysts flag cash‑burn, high leverage and execution risk ahead of upcoming results, which can sap short‑term upside. Read More.

CoreWeave Trading Down 6.2%

The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46. The company has a 50 day simple moving average of $90.32 and a two-hundred day simple moving average of $94.04. The company has a market cap of $46.15 billion and a PE ratio of -34.42.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The business had revenue of $1.57 billion for the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The business's revenue was up 110.4% on a year-over-year basis. Sell-side analysts forecast that CoreWeave Inc. will post -4.16 EPS for the current year.

Institutional Investors Weigh In On CoreWeave

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company's stock valued at $1,999,421,000 after buying an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC grew its stake in shares of CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company's stock valued at $2,443,013,000 after buying an additional 17,847,760 shares in the last quarter. Clear Street Group Inc. grew its stake in shares of CoreWeave by 57.2% in the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company's stock valued at $333,260,000 after buying an additional 1,692,916 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in shares of CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company's stock valued at $286,440,000 after buying an additional 3,000,000 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in shares of CoreWeave by 22,624.0% in the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock valued at $273,039,000 after buying an additional 3,796,077 shares in the last quarter.

CoreWeave Company Profile

CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.

CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.

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