CoreWeave (NASDAQ:CRWV) CEO Sells $16,382,000.00 in Stock

Key Points

• CoreWeave CEO Michael Intrator sold 200,000 shares at an average price of $81.91, generating $16.38 million. The pre-arranged Rule 10b5-1 transaction reduced his direct holdings by 18.4% to 887,129 shares.
• CoreWeave shares fell 4.2% to $79.88 amid elevated trading volume. The company reported quarterly revenue of $2.58 billion, up 112.5% year over year, but remained unprofitable and carries a debt-to-equity ratio of approximately 5.5.
• Analyst sentiment remains a “Moderate Buy”, with 21 Buy, 10 Hold and 3 Sell ratings and an average price target of $142.31, although several firms recently downgraded the stock to Hold.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) CEO Michael Intrator sold 200,000 shares of the company's stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $81.91, for a total value of $16,382,000.00. Following the transaction, the chief executive officer directly owned 887,129 shares of the company's stock, valued at $72,664,736.39. The trade was a 18.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Trading Down 4.2%

CoreWeave stock traded down $3.47 on Thursday, hitting $79.88. 79,258,291 shares of the stock traded hands, compared to its average volume of 19,446,246. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. CoreWeave Inc. has a 1 year low of $60.55 and a 1 year high of $153.20. The business's fifty day simple moving average is $85.23 and its 200 day simple moving average is $94.04.

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. 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. Roth Capital set a $145.00 price target on CoreWeave in a report on Thursday, August 13th. Raymond James Financial cut CoreWeave from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. Jefferies Financial Group cut CoreWeave from a "buy" rating to a "hold" rating in a research report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. lifted their target price on CoreWeave from $105.00 to $110.00 and gave the company a "neutral" rating in a research note on Tuesday, August 11th. Twenty-one analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, CoreWeave currently has an average rating of "Moderate Buy" and an average price target of $142.31.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave became one of the first specialized AI cloud providers to bring a multi-rack NVIDIA Vera Rubin NVL72 cluster online. The system combines hundreds of next-generation GPUs and is designed for demanding agentic-AI training and inference workloads. New cross-region storage and archiving capabilities could improve the platform’s appeal to enterprise customers. CoreWeave Brings Up Multi-Rack NVIDIA Vera Rubin NVL72 Cluster
• Positive Sentiment: The company said it signed short-term contracts in the third quarter at pricing equivalent to approximately $40 million in annualized revenue per megawatt, indicating strong pricing power. CoreWeave also reported more than $25 billion of new customer commitments early in the quarter, supporting its growth and backlog outlook. CoreWeave Continues to Contract New Compute Capacity at Higher Prices
• Neutral Sentiment: A 15-year lease at Blockfusion’s Niagara Falls campus provides long-term access to power and cooling for future AI infrastructure. The agreement improves deployment visibility, but also reflects the substantial capital and operating commitments required to expand capacity. Blockfusion Signs 15-Year Anchor Lease With CoreWeave
• Negative Sentiment: CoreWeave launched a proposed $3 billion convertible senior-notes offering, with an option for up to $500 million more, and established an at-the-market program allowing the sale of up to 35 million Class A shares. Investors are concerned about higher interest costs, future dilution and the company’s already elevated leverage. CoreWeave Launches $3 Billion Convertible Debt Sale
• Negative Sentiment: CoreWeave’s debt-to-equity ratio of roughly 5.5, negative earnings and customer concentration amplify execution risk. Analysts warn that slower AI-training demand or difficulty securing financing could pressure utilization, cash flow and the company’s ability to service debt. What Happens to CRWV Stock If Lenders Pull Back?

Hedge Funds Weigh In On CoreWeave

Several hedge funds have recently modified their holdings of CRWV. Alyeska Investment Group L.P. increased its stake in CoreWeave by 55.7% during the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company's stock valued at $1,084,117,000 after purchasing an additional 3,897,741 shares in the last quarter. Bank of America Corp DE grew its stake in CoreWeave by 13.1% during the 1st quarter. Bank of America Corp DE now owns 5,652,129 shares of the company's stock valued at $437,870,000 after purchasing an additional 653,398 shares during the last quarter. Clear Street Group Inc. increased its holdings in shares of CoreWeave by 57.2% in the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company's stock valued at $333,260,000 after purchasing an additional 1,692,916 shares during the period. Deutsche Bank AG lifted its holdings in shares of CoreWeave by 22,624.0% during the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock worth $273,039,000 after purchasing an additional 3,796,077 shares during the period. Finally, Amundi increased its holdings in CoreWeave by 266.2% in the 1st quarter. Amundi now owns 3,284,121 shares of the company's stock worth $254,421,000 after buying an additional 2,387,337 shares during the period.

About CoreWeave

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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