CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) insider Jeff Baker sold 6,760 shares of CoreWeave stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $107.87, for a total transaction of $729,201.20. Following the sale, the insider owned 42,529 shares in the company, valued at $4,587,603.23. This represents a 13.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Jeff Baker also recently made the following trade(s):
- On Tuesday, March 31st, Jeff Baker sold 16 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total transaction of $1,184.80.
- On Friday, February 20th, Jeff Baker sold 2,374 shares of CoreWeave stock. The shares were sold at an average price of $90.83, for a total transaction of $215,630.42.
CoreWeave Stock Up 6.6%
CRWV stock opened at $119.01 on Friday. CoreWeave Inc. has a twelve month low of $45.80 and a twelve month high of $187.00. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46. The company has a market capitalization of $52.72 billion, a P/E ratio of -37.19 and a beta of 7.89. The firm has a 50 day simple moving average of $91.88 and a 200-day simple moving average of $93.14.
CoreWeave (NASDAQ:CRWV - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The company had revenue of $1.57 billion for the quarter. CoreWeave's quarterly revenue was up 110.4% on a year-over-year basis. On average, equities research analysts predict that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in CRWV. Vanguard Group Inc. lifted its stake in CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company's stock valued at $1,999,421,000 after buying an additional 20,487,478 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in shares of CoreWeave by 446,194.0% during the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company's stock valued at $2,443,013,000 after acquiring an additional 17,847,760 shares during the period. Clear Street Group Inc. boosted its holdings in shares of CoreWeave by 57.2% during the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company's stock valued at $333,260,000 after acquiring an additional 1,692,916 shares during the period. Alyeska Investment Group L.P. boosted its holdings in shares of CoreWeave by 300.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company's stock valued at $286,440,000 after acquiring an additional 3,000,000 shares during the period. Finally, Deutsche Bank AG boosted its holdings in shares of CoreWeave by 22,624.0% during the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company's stock valued at $273,039,000 after acquiring an additional 3,796,077 shares during the period.
Analysts Set New Price Targets
A number of analysts have recently weighed in on CRWV shares. Barclays raised their price target on shares of CoreWeave from $90.00 to $106.00 and gave the stock an "equal weight" rating in a research report on Monday, April 20th. Citizens Jmp reaffirmed a "market outperform" rating and issued a $180.00 price objective on shares of CoreWeave in a report on Friday, February 27th. Cantor Fitzgerald lifted their price objective on shares of CoreWeave from $149.00 to $156.00 and gave the stock an "overweight" rating in a report on Thursday, April 16th. Needham & Company LLC reaffirmed a "hold" rating on shares of CoreWeave in a report on Friday, February 27th. Finally, Wells Fargo & Company lifted their price objective on shares of CoreWeave from $125.00 to $135.00 and gave the stock an "overweight" rating in a report on Wednesday. Twenty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $126.69.
Get Our Latest Stock Report on CoreWeave
CoreWeave News Roundup
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Wells Fargo raised its price target and reiterated an Overweight stance, signaling institutional support and implied upside versus recent levels. Wells Fargo Forecasts Strong Price Appreciation for CoreWeave
- Positive Sentiment: Analyst upgrades and notes about increased client diversification sparked momentum buying; coverage frames CoreWeave as a beneficiary of growing AI infrastructure demand. CoreWeave Stock Rallies 8% Following Analyst Upgrades
- Positive Sentiment: Product update: CoreWeave expanded SUNK capabilities to speed AI cluster setup across multi‑cloud and on‑prem environments — a practical top‑line growth driver if adoption accelerates. CoreWeave SUNK Expands Capabilities
- Neutral Sentiment: Earnings preview: Zacks warns Q1 EPS is expected to decline and CoreWeave lacks the usual setup for an earnings beat, increasing near‑term volatility risk around the May 7 report. Earnings Preview: Q1 Expected to Decline
- Neutral Sentiment: Retail/flows noise: stories about high‑profile funds (e.g., ARK/Cathie Wood mentions) raise attention but are unconfirmed and may not translate into sustained buying. Coverage on Cathie Wood and AI Stocks
- Negative Sentiment: Large insider selling: several insiders (Brian Venturo, Brannin McBee, CEO Michael Intrator, EVP Chen Goldberg) sold blocks under Rule 10b5‑1 plans the week of Apr 27, creating headline risk and short‑term selling pressure. Brian Venturo Sells 375,000 Shares
- Negative Sentiment: Industry/customer risk: coverage notes ripples from OpenAI’s spending warning and suggests major customers’ cadence could pressure demand for GPU cloud capacity. CoreWeave Tries to Shrug Off Ripple Effect from OpenAI’s Warning
- Negative Sentiment: Analyst caution: some research (Zacks, others) highlights CoreWeave’s capital intensity and higher risk profile versus steadier cloud peers, which could cap multiple expansion if investors rotate to lower‑risk names. CoreWeave vs Snowflake Comparison
About CoreWeave
(
Get Free Report)
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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