Key Points
- Insider selling: CFO Nitin Agrawal sold 3,640 shares on Nov. 25 at $70.27 for $255,782.80, reducing his stake by 2.41% to 147,519 shares worth about $10.37M, and this follows earlier large sales of 5,841, 38,422 and 63,230 shares during the year.
- CoreWeave reported strong growth — revenue of $1.36B (up 133.7% YoY) and an EPS beat — but the stock remains volatile (52‑week range $33.51–$187), carries a negative P/E, and has a consensus analyst target of $130.14 with mixed ratings.
CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) CFO Nitin Agrawal sold 3,640 shares of CoreWeave stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $70.27, for a total transaction of $255,782.80. Following the completion of the transaction, the chief financial officer directly owned 147,519 shares in the company, valued at $10,366,160.13. This trade represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Nitin Agrawal also recently made the following trade(s):
- On Thursday, November 20th, Nitin Agrawal sold 5,841 shares of CoreWeave stock. The stock was sold at an average price of $82.55, for a total value of $482,174.55.
- On Tuesday, September 16th, Nitin Agrawal sold 38,422 shares of CoreWeave stock. The shares were sold at an average price of $118.18, for a total value of $4,540,711.96.
- On Thursday, September 11th, Nitin Agrawal sold 63,230 shares of CoreWeave stock. The shares were sold at an average price of $115.29, for a total value of $7,289,786.70.
CoreWeave Price Performance
CoreWeave stock opened at $73.12 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.49 and a current ratio of 0.49. CoreWeave Inc. has a 52 week low of $33.51 and a 52 week high of $187.00. The stock has a market capitalization of $28.25 billion and a P/E ratio of -50.43. The stock has a fifty day moving average of $114.63 and a 200-day moving average of $120.15.
CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Monday, November 10th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.36) by $0.14. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.28 billion. The business's revenue was up 133.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($1.82) EPS. CoreWeave has set its FY 2025 guidance at EPS.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on CRWV. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of CoreWeave in a research report on Wednesday, August 13th. Bank of America dropped their price target on CoreWeave from $168.00 to $140.00 and set a "neutral" rating for the company in a research note on Tuesday, November 11th. The Goldman Sachs Group lowered their target price on CoreWeave from $120.00 to $105.00 and set a "neutral" rating for the company in a report on Monday, November 17th. Citizens Jmp upgraded CoreWeave from a "market perform" rating to an "outperform" rating and set a $180.00 target price for the company in a research report on Tuesday, September 16th. Finally, Compass Point began coverage on CoreWeave in a report on Thursday, November 13th. They set a "buy" rating and a $150.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $130.14.
Get Our Latest Analysis on CoreWeave
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of CRWV. Family Legacy Financial Solutions LLC increased its stake in shares of CoreWeave by 166.7% in the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company's stock valued at $27,000 after buying an additional 125 shares during the period. HighMark Wealth Management LLC bought a new stake in CoreWeave in the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora acquired a new stake in CoreWeave during the 3rd quarter valued at approximately $27,000. KERR FINANCIAL PLANNING Corp acquired a new stake in CoreWeave during the 3rd quarter valued at approximately $27,000. Finally, Princeton Global Asset Management LLC bought a new position in CoreWeave during the 3rd quarter worth approximately $28,000.
CoreWeave Company Profile
(
Get Free Report)
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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