Sachin Jain Sells 898 Shares of CoreWeave (NASDAQ:CRWV) Stock

Key Points

• CoreWeave COO Sachin Jain sold 898 shares on May 28 at an average price of $110, for proceeds of about $98,780. The sale was made under a pre-arranged Rule 10b5-1 plan, and Jain still holds 131,427 shares.
• CoreWeave’s recent trading and analyst backdrop remain mixed. The stock closed at $109.53, near its recent average volume, while analysts largely maintain bullish ratings with a consensus Moderate Buy and an average price target of $129.63.
• The company is growing rapidly but remains unprofitable. Latest quarterly revenue rose 111.6% year over year to $2.08 billion, but CoreWeave missed EPS estimates and posted a loss, with investors still watching leverage and margin pressures closely.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) COO Sachin Jain sold 898 shares of the firm's stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $110.00, for a total transaction of $98,780.00. Following the sale, the chief operating officer owned 131,427 shares in the company, valued at approximately $14,456,970. This trade represents a 0.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sachin Jain also recently made the following trade(s):

• On Wednesday, May 20th, Sachin Jain sold 6,377 shares of CoreWeave stock. The shares were sold at an average price of $99.82, for a total transaction of $636,552.14.
• On Friday, May 8th, Sachin Jain sold 14,750 shares of CoreWeave stock. The shares were sold at an average price of $118.61, for a total transaction of $1,749,497.50.
• On Wednesday, May 6th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $131.13, for a total transaction of $961,838.55.
• On Wednesday, April 15th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $120.00, for a total transaction of $474,360.00.
• On Friday, April 10th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $105.00, for a total transaction of $770,175.00.
• On Wednesday, April 8th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total transaction of $363,676.00.

CoreWeave Price Performance

Shares of CoreWeave stock traded up $2.67 on Friday, hitting $109.53. 27,993,504 shares of the company traded hands, compared to its average volume of 27,963,178. The company has a market cap of $49.02 billion, a P/E ratio of -35.22 and a beta of 7.84. The firm's 50-day simple moving average is $102.09 and its 200 day simple moving average is $90.49. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $187.00. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing analysts' consensus estimates of ($1.17) by ($0.23). The business had revenue of $2.08 billion during the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The firm's revenue for the quarter was up 111.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.60) EPS. Analysts expect that CoreWeave Inc. will post -4.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. HC Wainwright reaffirmed a "buy" rating and set a $180.00 target price on shares of CoreWeave in a research note on Monday, March 2nd. Oppenheimer lifted their target price on shares of CoreWeave from $140.00 to $150.00 and gave the company an "outperform" rating in a research note on Wednesday, April 29th. Wells Fargo & Company lifted their target price on shares of CoreWeave from $135.00 to $155.00 and gave the company an "overweight" rating in a research note on Friday, May 8th. Citizens Jmp reaffirmed a "market outperform" rating and set a $180.00 target price on shares of CoreWeave in a research note on Friday, February 27th. Finally, Citigroup boosted their price objective on shares of CoreWeave from $155.00 to $158.00 and gave the stock a "buy" rating in a research note on Thursday, May 14th. Nineteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, CoreWeave presently has an average rating of "Moderate Buy" and a consensus price target of $129.63.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC increased its holdings in CoreWeave by 4.0% during the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company's stock valued at $181,000 after buying an additional 91 shares during the last quarter. Pathway Wealth Management LLC boosted its position in shares of CoreWeave by 2.9% in the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company's stock worth $278,000 after purchasing an additional 100 shares during the period. Azzad Asset Management Inc. ADV boosted its position in shares of CoreWeave by 2.1% in the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company's stock worth $389,000 after purchasing an additional 104 shares during the period. Hazlett Burt & Watson Inc. boosted its position in shares of CoreWeave by 34.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company's stock worth $33,000 after purchasing an additional 119 shares during the period. Finally, Chilton Capital Management LLC boosted its position in shares of CoreWeave by 50.2% in the third quarter. Chilton Capital Management LLC now owns 362 shares of the company's stock worth $50,000 after purchasing an additional 121 shares during the period.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave unveiled new unified agentic AI capabilities that link training and inference in a closed loop, which could deepen its role in AI infrastructure and support longer-term growth expectations. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Analysts continue to see upside potential, with several firms maintaining bullish views and 24/7 Wall St. arguing CoreWeave could be worth significantly more over the next year if AI demand stays strong. Price Prediction: CoreWeave Stock Could Triple by 2030
• Positive Sentiment: CoreWeave’s backlog was reported near $100 billion, suggesting a large pipeline of contracted future revenue as AI cloud demand expands. CoreWeave's Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Neutral Sentiment: The company will present at the BofA Securities Global Technology Conference on June 3, giving management a chance to reinforce its AI growth narrative and answer investor questions. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Neutral Sentiment: Wall Street sentiment remains mixed overall: some firms have raised targets, while others remain cautious, keeping the stock highly dependent on execution and cash-flow progress. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Negative Sentiment: Heavy insider selling is a drag on sentiment, including sales by Director Jack Cogen and CEO Michael Intrator, which may make investors more cautious about near-term valuation. SEC filing for director sale
• Negative Sentiment: Recent coverage also highlighted CoreWeave’s large quarterly loss and balance-sheet strain from heavy capital spending, a reminder that growth is still coming with significant profitability and financing risks. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion. Welcome to the AI Economy

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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