Insider Selling: CoreWeave (NASDAQ:CRWV) Insider Sells 38,820 Shares of Stock

Key Points

• Insider Selling: Brian Venturo, an insider at CoreWeave, sold 38,820 shares at $93.16, totaling approximately $3.6 million, reducing their ownership by 13.67%.
• Stock Performance: CoreWeave's stock price has decreased to $87.48, down from a fifty-two week high of $187.00, with average trading volume around 20 million shares.
• Earnings Report: The company reported a quarterly loss of ($0.27) EPS, missing estimates, despite revenue increasing by 206.7% year-over-year.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) insider Brian Venturo sold 38,820 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $93.16, for a total value of $3,616,471.20. Following the transaction, the insider directly owned 245,059 shares in the company, valued at $22,829,696.44. This trade represents a 13.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

CoreWeave Stock Performance

NASDAQ CRWV traded down $2.40 on Thursday, reaching $87.48. 17,737,545 shares of the company were exchanged, compared to its average volume of 20,676,246. The firm has a fifty day simple moving average of $121.97. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.52 and a current ratio of 0.52. CoreWeave Inc. has a fifty-two week low of $33.51 and a fifty-two week high of $187.00.

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 analysts' consensus estimates of ($0.20) by ($0.07). The business had revenue of $1.21 million during the quarter. The firm's revenue was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CRWV shares. Needham & Company LLC restated a "hold" rating on shares of CoreWeave in a research report on Wednesday, August 13th. Cantor Fitzgerald began coverage on CoreWeave in a report on Tuesday, August 26th. They issued an "overweight" rating and a $116.00 price objective on the stock. Hsbc Global Res upgraded CoreWeave to a "moderate sell" rating in a report on Thursday, July 17th. Arete upgraded CoreWeave from a "neutral" rating to a "buy" rating and set a $180.00 price objective on the stock in a report on Thursday, August 21st. Finally, Barclays boosted their price objective on CoreWeave from $100.00 to $140.00 and gave the company an "equal weight" rating in a report on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $107.45.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Gamco Investors INC. ET AL acquired a new position in shares of CoreWeave during the 1st quarter worth about $318,000. Western Pacific Wealth Management LP acquired a new position in shares of CoreWeave during the 2nd quarter worth about $82,000. RFG Holdings Inc. acquired a new position in shares of CoreWeave during the 2nd quarter worth about $1,450,000. Aua Capital Management LLC acquired a new position in shares of CoreWeave during the 2nd quarter worth about $397,000. Finally, Sivia Capital Partners LLC acquired a new position in shares of CoreWeave during the 2nd quarter worth about $39,824,000.

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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