Insider Selling: CoreWeave (NASDAQ:CRWV) Insider Sells 281,250 Shares of Stock

Key Points

• CoreWeave Inc. insider Brian Venturo sold 281,250 shares at an average price of $90.62, totaling $25.49 million.
• The company's stock recently traded down to $87.48, marking a significant decline from its 12-month high of $187.00.
• CoreWeave reported a quarterly revenue increase of 206.7% year-over-year but missed earnings expectations with a loss of ($0.27) EPS.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) insider Brian Venturo sold 281,250 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $90.62, for a total transaction of $25,486,875.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

CoreWeave Price Performance

Shares of NASDAQ:CRWV traded down $2.40 during trading on Thursday, reaching $87.48. 17,737,545 shares of the company's stock traded hands, compared to its average volume of 20,676,246. CoreWeave Inc. has a 12 month low of $33.51 and a 12 month high of $187.00. The company's 50 day moving average is $121.97. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79.

CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The firm had revenue of $1.21 million during the quarter. The company's quarterly revenue was up 206.7% compared to the same quarter last year. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Chelsea Counsel Co. bought a new stake in CoreWeave during the second quarter worth approximately $33,000. Archer Investment Corp acquired a new position in shares of CoreWeave during the 2nd quarter valued at $34,000. Chilton Capital Management LLC acquired a new position in shares of CoreWeave during the 2nd quarter valued at $39,000. TD Waterhouse Canada Inc. bought a new stake in shares of CoreWeave in the 2nd quarter worth $47,000. Finally, Montag A & Associates Inc. acquired a new stake in shares of CoreWeave in the second quarter valued at $49,000.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CRWV. Morgan Stanley increased their price objective on shares of CoreWeave from $58.00 to $91.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. raised their price target on shares of CoreWeave from $43.00 to $66.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Arete Research raised CoreWeave from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 21st. Needham & Company LLC reiterated a "hold" rating on shares of CoreWeave in a research report on Wednesday, August 13th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of CoreWeave in a research report on Wednesday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, CoreWeave presently has an average rating of "Hold" and a consensus target price of $107.45.

About CoreWeave

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.

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