Chen Goldberg Sells 22,424 Shares of CoreWeave (NASDAQ:CRWV) Stock

Key Points

• CoreWeave EVP Chen Goldberg sold 22,424 shares at an average price of $95.91, generating approximately $2.15 million. The transaction, conducted under a Rule 10b5-1 plan, reduced Goldberg’s holdings by 30.73% to 50,550 shares.
• CoreWeave shares fell 6.1% to $89.12, while the company continues to report negative earnings and carries significant leverage, including a 5.53 debt-to-equity ratio and a 0.46 current ratio.
• Despite financial risks, analysts maintain a “Moderate Buy” consensus with an average price target of $141.90; recent quarterly revenue rose 112.5% year over year to $2.58 billion, and earnings beat expectations.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) EVP Chen Goldberg sold 22,424 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $95.91, for a total value of $2,150,685.84. Following the transaction, the executive vice president owned 50,550 shares of the company's stock, valued at $4,848,250.50. This represents a 30.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chen Goldberg also recently made the following trade(s):

• On Thursday, August 20th, Chen Goldberg sold 8,628 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total value of $792,740.64.
• On Monday, August 17th, Chen Goldberg sold 6,397 shares of CoreWeave stock. The shares were sold at an average price of $106.11, for a total value of $678,785.67.
• On Wednesday, August 5th, Chen Goldberg sold 19,208 shares of CoreWeave stock. The stock was sold at an average price of $92.29, for a total transaction of $1,772,706.32.
• On Tuesday, August 4th, Chen Goldberg sold 6,397 shares of CoreWeave stock. The shares were sold at an average price of $90.00, for a total transaction of $575,730.00.
• On Tuesday, June 30th, Chen Goldberg sold 4 shares of CoreWeave stock. The stock was sold at an average price of $95.69, for a total transaction of $382.76.
• On Monday, June 15th, Chen Goldberg sold 5,541 shares of CoreWeave stock. The stock was sold at an average price of $107.29, for a total value of $594,493.89.

CoreWeave Stock Down 6.1%

CRWV traded down $5.82 during trading hours on Thursday, hitting $89.12. The company's stock had a trading volume of 27,746,010 shares, compared to its average volume of 23,176,834. The company has a 50-day simple moving average of $85.54 and a 200 day simple moving average of $94.39. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. CoreWeave Inc. has a fifty-two week low of $60.55 and a fifty-two week high of $153.20.

CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping analysts' consensus estimates of ($1.52) by $0.38. The company had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The firm's quarterly revenue was up 112.5% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.27) EPS. As a group, equities research analysts expect that CoreWeave Inc. will post -5.19 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. upped their target price on shares of CoreWeave from $105.00 to $110.00 and gave the company a "neutral" rating in a research note on Tuesday, August 11th. Jefferies Financial Group cut shares of CoreWeave from a "buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. Mizuho boosted their price target on shares of CoreWeave from $100.00 to $115.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 12th. The Goldman Sachs Group raised their price objective on shares of CoreWeave from $121.00 to $139.00 and gave the company a "neutral" rating in a research note on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $150.00 price target on shares of CoreWeave in a research report on Friday, August 7th. Twenty-one research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $141.90.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Sivia Capital Partners LLC bought a new stake in CoreWeave during the 2nd quarter worth about $39,824,000. Quantbot Technologies LP bought a new position in CoreWeave in the second quarter valued at approximately $311,000. Invesco Ltd. acquired a new stake in shares of CoreWeave in the 2nd quarter valued at approximately $882,000. First Trust Advisors LP bought a new position in shares of CoreWeave in the second quarter valued at $20,260,000. Finally, Baird Financial Group Inc. acquired a new position in CoreWeave during the second quarter worth $455,000.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched Physical AI Field Engineering, a service based on technology acquired from Monolith AI that helps customers build and deploy AI systems across research, engineering and field operations. The offering could expand CoreWeave’s higher-value services beyond GPU infrastructure. CoreWeave Launches Physical AI Field Engineering to Turn Proprietary Data Into Production AI
• Positive Sentiment: Demand remains robust: CoreWeave’s CEO said the company is struggling to secure enough NVIDIA GPUs to meet customer needs, while pricing is currently rising faster than input costs. A large backlog and OpenAI’s plans to spend approximately $750 billion on compute through 2030 reinforce the long-term demand opportunity. CoreWeave cannot get enough Nvidia GPUs: why the stock still dropped 5%
• Positive Sentiment: Michael Burry reportedly reduced bearish positions tied to CoreWeave and NVIDIA, potentially removing a high-profile source of selling pressure. Analysts also maintain a consensus “Moderate Buy” view. Michael Burry Reduces Bearish Bets on NVDA and CRWV
• Neutral Sentiment: CoreWeave and Parallel Works announced a managed AI cloud environment for DARPA biological research, adding government and research visibility but with no disclosed financial impact. Parallel Works and CoreWeave to Accelerate DARPA Biological Research
• Negative Sentiment: Investors remain concerned about CoreWeave’s leverage and sensitivity to higher interest rates. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and continues to report negative earnings, making its GPU expansion capital-intensive and financially risky. How Dangerous Are Top Neoclouds as Rate Hike Odds Increase?
• Negative Sentiment: A rating downgrade highlighted mounting execution, financing and valuation risks. The stock’s high beta and unusually active options trading are amplifying price swings, while investors took profits even as GPU demand remained strong. CoreWeave: Risks Are Mounting

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.

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