CoreWeave (NASDAQ:CRWV) Stock Price Down 3.4% - Should You Sell?

Key Points

• CoreWeave's stock price has decreased by 3.4%, closing at $136.87 after trading as low as $129.04 on Friday, with a significant increase in trading volume.
• Analysts have mixed ratings for CoreWeave, with **two** designating a **Strong Buy** and several others maintaining cautious **"hold"** or **"neutral"** ratings, while the average price target is set at $127.64.
• Recent insider sales indicate potential concern, as major shareholders have significantly reduced their stakes, with one selling over **1.4 million shares** for approximately **$182 million**.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report)'s share price fell 3.4% during mid-day trading on Friday . The stock traded as low as $129.04 and last traded at $136.87. 28,230,443 shares changed hands during trading, an increase of 22% from the average session volume of 23,210,943 shares. The stock had previously closed at $141.74.

Analyst Upgrades and Downgrades

CRWV has been the topic of several research reports. Macquarie upped their price target on shares of CoreWeave from $115.00 to $140.00 and gave the stock a "neutral" rating in a research report on Monday, September 29th. Stifel Nicolaus increased their price objective on shares of CoreWeave from $115.00 to $120.00 and gave the stock a "hold" rating in a report on Wednesday, August 13th. Argus reissued a "buy" rating and set a $200.00 price objective on shares of CoreWeave in a report on Thursday, August 14th. Citizens Jmp raised shares of CoreWeave from a "market perform" rating to an "outperform" rating and set a $180.00 price objective on the stock in a report on Tuesday, September 16th. Finally, Melius Research set a $165.00 price objective on shares of CoreWeave and gave the stock a "buy" rating in a report on Tuesday, September 23rd. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $127.64.

CoreWeave Trading Down 3.4%

The firm has a fifty day moving average of $116.94 and a 200-day moving average of $107.65. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79.

CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.20) by ($0.07). The business had revenue of $1.21 million during the quarter. The company's quarterly revenue was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Transactions at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 1,451,063 shares of the firm's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $125.60, for a total transaction of $182,253,512.80. Following the transaction, the insider owned 363,631 shares in the company, valued at approximately $45,672,053.60. This trade represents a 79.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jack D. Cogen sold 1,112,004 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $94.69, for a total value of $105,295,658.76. Following the transaction, the director owned 12,329,676 shares in the company, valued at approximately $1,167,497,020.44. This trade represents a 8.27% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,611,578 shares of company stock worth $3,464,713,965.

Hedge Funds Weigh In On CoreWeave

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nvidia Corp lifted its holdings in shares of CoreWeave by 0.4% during the 2nd quarter. Nvidia Corp now owns 24,277,573 shares of the company's stock valued at $3,958,701,000 after purchasing an additional 95,113 shares in the last quarter. Cisco Systems Inc. bought a new position in shares of CoreWeave during the 2nd quarter valued at about $173,493,000. Voya Investment Management LLC bought a new position in shares of CoreWeave during the 3rd quarter valued at about $110,562,000. Geode Capital Management LLC lifted its holdings in shares of CoreWeave by 142.6% during the 2nd quarter. Geode Capital Management LLC now owns 716,178 shares of the company's stock valued at $116,809,000 after purchasing an additional 420,915 shares in the last quarter. Finally, Munro Partners lifted its holdings in shares of CoreWeave by 5,272.4% during the 3rd quarter. Munro Partners now owns 616,485 shares of the company's stock valued at $84,366,000 after purchasing an additional 605,010 shares in the last quarter.

CoreWeave Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.

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