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

Key Points

• CoreWeave CEO Michael Intrator sold 200,000 shares at an average of $91.80, generating $18.36 million. The pre-arranged Rule 10b5-1 transaction reduced his ownership by 8.78%, leaving him with 2,076,815 shares.
• CoreWeave shares fell 5.1% to $85.33, while the company continues to face profitability and balance-sheet concerns after reporting a quarterly EPS loss and carrying a 3.68 debt-to-equity ratio.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $136.21, though investors are watching the company’s upcoming earnings report for evidence that strong AI-cloud demand can improve profitability.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) CEO Michael Intrator sold 200,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $91.80, for a total transaction of $18,360,000.00. Following the sale, the chief executive officer owned 2,076,815 shares in the company, valued at approximately $190,651,617. This trade represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a 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.

CoreWeave Trading Down 5.1%

Shares of NASDAQ CRWV traded down $4.56 during mid-day trading on Thursday, hitting $85.33. The company had a trading volume of 16,543,329 shares, compared to its average volume of 26,826,700. The business's 50-day simple moving average is $92.19 and its 200 day simple moving average is $94.89. CoreWeave Inc. has a 1-year low of $60.55 and a 1-year high of $153.20. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($1.17) by ($0.23). The company had revenue of $2.08 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.CoreWeave's revenue for the quarter was up 111.6% compared to the same quarter last year. During the same quarter last year, the business posted ($0.60) EPS. Equities analysts anticipate that CoreWeave Inc. will post -5.7 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on CRWV shares. TD Cowen upgraded shares of CoreWeave to a "buy" rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. raised their target price on CoreWeave from $90.00 to $105.00 and gave the stock a "neutral" rating in a research report on Friday, May 8th. Wolfe Research reissued an "outperform" rating on shares of CoreWeave in a report on Monday, July 6th. Sanford C. Bernstein began coverage on shares of CoreWeave in a research note on Wednesday, July 22nd. They set an "outperform" rating on the stock. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $250.00 target price on shares of CoreWeave in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $136.21.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced a multi-year agreement with Solidigm for priority access to enterprise SSD capacity. The deal could help the company scale storage alongside its AI cloud platform and reduce supply-chain constraints. CoreWeave Signs Multi-Year Agreement With Solidigm to Strengthen Its Integrated AI Cloud Platform
• Positive Sentiment: The company’s planned entry into Indonesia includes three AI data centers with 360 megawatts of contracted IT power, giving CoreWeave its first physical presence in the Asia-Pacific region and potentially expanding access to Southeast Asian AI customers. CoreWeave Enters Indonesia With Three New AI Data Centers
• Positive Sentiment: Bullish coverage argues that the recent pullback has improved CoreWeave’s risk-reward profile. The stock trades well below its 52-week high, while the cited analyst consensus target of $138.03 implies substantial upside; Rosenblatt Securities separately reaffirmed a Buy rating with a $250 target. CoreWeave at $92: The Compelling Bull Case On Offer Right Now
• Neutral Sentiment: Investors are focused on CoreWeave’s August 11 earnings release. Recent commentary highlights strong GPU and AI-cloud demand, but the company’s outlook and spending plans will likely determine whether that momentum can offset profitability concerns. Dear CoreWeave Stock Fans, Mark Your Calendars for August 11
• Negative Sentiment: Director Brannin Mcbee disclosed multiple sales totaling approximately 250,000 shares and more than $20 million under a pre-arranged Rule 10b5-1 plan. Although scheduled sales do not necessarily signal a change in business expectations, the sizable reduction in his holdings can weigh on sentiment. SEC Insider Trading Filing
• Negative Sentiment: CoreWeave remains a high-risk, capital-intensive growth stock. Its reported negative earnings, debt-to-equity ratio of 3.68, low liquidity ratios, and substantial data-center spending leave investors sensitive to financing costs, execution risks, and any signs that AI demand is not converting into improving profitability. CoreWeave Earnings Report

Institutional Investors Weigh In On CoreWeave

Hedge funds have recently modified their holdings of the stock. Sivia Capital Partners LLC acquired a new position in CoreWeave during the 2nd quarter worth approximately $39,824,000. Quantbot Technologies LP acquired a new position in CoreWeave during the second quarter worth about $311,000. Invesco Ltd. purchased a new position in CoreWeave in the second quarter valued at about $882,000. First Trust Advisors LP acquired a new stake in shares of CoreWeave during the 2nd quarter valued at approximately $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in CoreWeave in the 2nd quarter valued at approximately $455,000.

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.

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