Nitin Agrawal Sells 5,509 Shares of CoreWeave (NASDAQ:CRWV) Stock

Key Points

• CoreWeave CFO Nitin Agrawal sold 5,509 shares at an average of $88.64, worth approximately $488,318, under a pre-arranged Rule 10b5-1 trading plan. He retained 132,596 shares, and the sale reduced his position by 3.99%.
• CoreWeave shares fell 1.4% to $86.80, while the company continues to carry significant leverage, including a 5.53 debt-to-equity ratio and negative earnings.
• Despite financial risks and additional insider selling, analysts maintain a “Moderate Buy” consensus, with an average price target of $141.90. CoreWeave’s latest quarterly revenue rose 112.5% year over year to $2.58 billion, and adjusted EPS surpassed estimates.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) CFO Nitin Agrawal sold 5,509 shares of the company's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $88.64, for a total value of $488,317.76. Following the completion of the sale, the chief financial officer owned 132,596 shares in the company, valued at $11,753,309.44. The trade was a 3.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nitin Agrawal also recently made the following trade(s):

• On Thursday, August 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total value of $924,496.56.
• On Wednesday, July 8th, Nitin Agrawal sold 3 shares of CoreWeave stock. The shares were sold at an average price of $82.98, for a total transaction of $248.94.
• On Tuesday, June 30th, Nitin Agrawal 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 Tuesday, June 16th, Nitin Agrawal sold 58,429 shares of CoreWeave stock. The shares were sold at an average price of $116.70, for a total transaction of $6,818,664.30.
• On Thursday, June 11th, Nitin Agrawal sold 63,891 shares of CoreWeave stock. The shares were sold at an average price of $93.35, for a total transaction of $5,964,224.85.

CoreWeave Trading Down 1.4%

CRWV traded down $1.21 during trading on Thursday, hitting $86.80. 19,714,715 shares of the company's stock traded hands, compared to its average volume of 31,410,956. The company's 50 day simple moving average is $87.84 and its two-hundred day simple moving average is $94.87. CoreWeave Inc. has a 12-month low of $60.55 and a 12-month high of $153.20. 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 (NASDAQ:CRWV - Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The company had revenue of $2.58 billion for the quarter. During the same period last year, the business earned ($0.27) earnings per share. The company's quarterly revenue was up 112.5% on a year-over-year basis. As a group, equities analysts expect that CoreWeave Inc. will post -5.19 EPS for the current fiscal year.

Institutional Investors Weigh In On CoreWeave

Several hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System raised its stake in shares of CoreWeave by 12,886.8% in the second quarter. California State Teachers Retirement System now owns 41,559,344 shares of the company's stock worth $4,136,817,000 after buying an additional 41,239,333 shares during the period. Vanguard Group Inc. grew its stake in shares of CoreWeave by 275.6% during the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company's stock valued at $1,999,421,000 after acquiring an additional 20,487,478 shares during the period. Proficio Capital Partners LLC grew its stake in shares of CoreWeave by 446,194.0% during 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 acquiring an additional 17,847,760 shares during the period. Alyeska Investment Group L.P. increased its holdings in CoreWeave by 55.7% in the 2nd quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company's stock worth $1,084,117,000 after acquiring an additional 3,897,741 shares in the last quarter. Finally, Deutsche Bank AG increased its holdings in CoreWeave by 22,624.0% in the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock worth $273,039,000 after acquiring an additional 3,796,077 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CRWV shares. Oppenheimer boosted their price objective on shares of CoreWeave from $140.00 to $150.00 and gave the company an "outperform" rating in a report on Wednesday, April 29th. Mizuho lifted their target price on shares of CoreWeave from $100.00 to $115.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 12th. Wolfe Research reiterated an "outperform" rating on shares of CoreWeave in a research note on Monday, July 6th. JPMorgan Chase & Co. increased their price target on CoreWeave from $105.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, August 11th. Finally, Jefferies Financial Group downgraded CoreWeave from a "buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. 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.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $141.90.

Key CoreWeave News

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

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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