Insider Selling: CoreWeave (NASDAQ:CRWV) CEO Sells 200,000 Shares of Stock

Key Points

• CEO Michael Intrator sold 200,000 CoreWeave shares at an average price of $88.60, generating $17.72 million. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his direct ownership by 11.85% to 1.49 million shares.
• CoreWeave shares recently traded near $86.80, while the company reported $2.58 billion in quarterly revenue, up 112.5% year over year, and better-than-expected adjusted earnings despite a net loss and negative return on equity.
• Analysts maintain a Moderate Buy consensus with an average price target of $141.90, but investors remain focused on CoreWeave’s heavy debt burden, high capital requirements, GPU-cost pressures and execution risks.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) CEO Michael Intrator sold 200,000 shares of CoreWeave stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $88.60, for a total transaction of $17,720,000.00. Following the transaction, the chief executive officer directly owned 1,487,129 shares of the company's stock, valued at approximately $131,759,629.40. This trade represents a 11.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Trading Down 1.4%

Shares of CRWV traded down $1.21 during trading hours on Thursday, hitting $86.80. The company had a trading volume of 19,714,715 shares, compared to its average volume of 31,410,956. The business has a fifty day moving average of $87.84 and a 200-day moving average of $94.87. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46. CoreWeave Inc. has a 12 month low of $60.55 and a 12 month high of $153.20.

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

Analyst Ratings Changes

A number of brokerages recently weighed in on CRWV. Piper Sandler reissued an "overweight" rating and set a $153.00 target price (up from $151.00) on shares of CoreWeave in a research note on Wednesday, August 12th. Citigroup increased their target price on CoreWeave from $142.00 to $159.00 and gave the stock a "buy" rating in a report on Friday, August 14th. DA Davidson restated a "neutral" rating and set a $100.00 price objective (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. JPMorgan Chase & Co. raised their price target on shares of CoreWeave from $105.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, August 11th. Finally, Mizuho upped their price target on CoreWeave from $100.00 to $115.00 and gave the stock a "neutral" rating in a report on Wednesday, August 12th. Twenty-one 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $141.90.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced or expanded relationships with Hudson River Trading and Rescale, reinforcing demand for its AI cloud-computing services and potentially improving infrastructure utilization. CoreWeave Stock Trending as Company Lands Deals With Hudson River Trading, Rescale
• Positive Sentiment: Truist argued that NVIDIA’s reported roughly 17% GPU price increase may not hurt CoreWeave’s margins as much as expected. Strong customer demand, pricing power, and contract structures could allow CoreWeave to pass higher equipment costs through to customers; Truist reportedly sees substantial upside potential. Nvidia’s GPU Price Hikes Look Bad for CoreWeave. Truist Says the Opposite May Be True
• Positive Sentiment: NVIDIA’s strong quarterly results and reported minimum-revenue guarantees for some neocloud providers offered further evidence of robust AI infrastructure demand and could help CoreWeave secure financing or customer commitments. CRWV, NBIS, IREN Stocks Jump Overnight on Nvidia’s Blowout Q2
• Neutral Sentiment: Analyst commentary remains mixed: AI demand is outstripping available capacity, but comparisons with other data-center operators highlight CoreWeave’s substantial capital requirements, debt burden, and execution risks. CoreWeave: AI Demand Outstrips Supply, Yet The Stock Isn’t A Buy
• Negative Sentiment: Director Brannin McBee sold approximately $21.4 million of CoreWeave shares at $85.51 under pre-arranged Rule 10b5-1 plans. Although scheduled sales do not necessarily signal deteriorating fundamentals, the transactions reduced his holdings and added to investor concerns about insider confidence. CoreWeave Insider Sale SEC Filing
• Negative Sentiment: Investors remain concerned that rising GPU costs could compress profitability and that competition may eventually trigger a neocloud price decline. CoreWeave’s high debt-to-equity ratio and negative earnings amplify those risks. Truist Sees Investment Doubling Potential in CoreWeave

Institutional Investors Weigh In On CoreWeave

Several institutional investors have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC raised its holdings in CoreWeave by 272.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company's stock valued at $25,000 after acquiring an additional 251 shares during the period. Cullen Frost Bankers Inc. grew its position in shares of CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock valued at $28,000 after purchasing an additional 121 shares in the last quarter. Greenline Wealth Management LLC purchased a new position in shares of CoreWeave in the fourth quarter valued at $28,000. Essential Partners LLC bought a new stake in shares of CoreWeave during the 2nd quarter valued at $30,000. Finally, Peterson Wealth Services raised its stake in shares of CoreWeave by 153.1% during the 1st quarter. Peterson Wealth Services now owns 405 shares of the company's stock valued at $31,000 after purchasing an additional 245 shares during the period.

About CoreWeave

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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