CoreWeave (NASDAQ:CRWV) COO Sachin Jain Sells 14,750 Shares

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) COO Sachin Jain sold 14,750 shares of CoreWeave stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $118.61, for a total value of $1,749,497.50. Following the transaction, the chief operating officer directly owned 123,058 shares in the company, valued at approximately $14,595,909.38. The trade was a 10.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

• AI Insider Selling: Sales Hit Photronics, Credo & CoreWeave as Shares Spike

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

• On Wednesday, May 6th, Sachin Jain sold 7,335 shares of CoreWeave stock. The stock was sold at an average price of $131.13, for a total value of $961,838.55.
• On Wednesday, April 15th, Sachin Jain sold 3,953 shares of CoreWeave stock. The stock was sold at an average price of $120.00, for a total value of $474,360.00.
• On Friday, April 10th, Sachin Jain sold 7,335 shares of CoreWeave stock. The stock was sold at an average price of $105.00, for a total value of $770,175.00.
• On Wednesday, April 8th, Sachin Jain sold 3,953 shares of CoreWeave stock. The stock was sold at an average price of $92.00, for a total value of $363,676.00.

CoreWeave Price Performance

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NASDAQ:CRWV opened at $107.75 on Wednesday. The business's 50-day moving average price is $95.41 and its 200 day moving average price is $92.08. The firm has a market cap of $48.23 billion, a P/E ratio of -34.65 and a beta of 7.84. CoreWeave Inc. has a 52-week low of $57.32 and a 52-week high of $187.00. The company has a quick ratio of 0.46, a current ratio of 0.31 and a debt-to-equity ratio of 3.68.

• Why Wall Street Is Betting Billions on This Under-the-Radar AI Stock

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company's revenue for the quarter was up 110.4% compared to the same quarter last year. As a group, sell-side analysts predict that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave reported a strong first quarter with $2.1 billion in revenue and a $99.4 billion backlog, reinforcing the company’s position as a major beneficiary of AI infrastructure demand. Article Title
• Positive Sentiment: Bank of America and Cantor Fitzgerald both raised their price targets on CoreWeave, with Cantor lifting its target to $167 and keeping an overweight rating, signaling continued optimism from Wall Street. Article Title
• Positive Sentiment: CoreWeave said it ranked No. 1 for inference speed and price-performance in a benchmark for Moonshot AI’s Kimi K2.6 model, which supports its competitiveness in AI cloud infrastructure. Article Title
• Neutral Sentiment: The CEO has been discussing CoreWeave’s long-term revenue potential, including a bullish outlook for 2027, but this is more of a narrative driver than an immediate financial catalyst. Article Title
• Negative Sentiment: COO Sachin Jain sold 14,750 shares, a transaction worth about $1.75 million, which can weigh on sentiment even though the company said the sale was for tax-withholding tied to equity vesting. Article Title
• Negative Sentiment: Some recent coverage has emphasized that the AI growth story may be slowing and that CoreWeave still faces rising losses and heavy debt, which helps explain why shares have been under pressure despite upbeat analyst commentary. Article Title

Hedge Funds Weigh In On CoreWeave

• GPU Prices Are Surging—3 Ways to Play the AI Chip Shortage

Several institutional investors and hedge funds have recently bought and sold shares of CRWV. Sivia Capital Partners LLC purchased a new position in CoreWeave during the 2nd quarter valued at about $39,824,000. Quantbot Technologies LP purchased a new position in CoreWeave during the 2nd quarter valued at about $311,000. Invesco Ltd. purchased a new position in CoreWeave during the 2nd quarter valued at about $882,000. First Trust Advisors LP purchased a new position in CoreWeave during the 2nd quarter valued at about $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in CoreWeave during the 2nd quarter valued at about $455,000.

Wall Street Analysts Forecast Growth

CRWV has been the topic of a number of analyst reports. Mizuho lifted their price target on CoreWeave from $105.00 to $110.00 and gave the stock a "neutral" rating in a research note on Friday, May 8th. Citigroup lifted their price target on CoreWeave from $126.00 to $155.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. Evercore reissued an "outperform" rating and issued a $150.00 price target on shares of CoreWeave in a research note on Wednesday, April 15th. Jefferies Financial Group lifted their price target on CoreWeave from $120.00 to $160.00 and gave the stock a "buy" rating in a research note on Monday, May 4th. Finally, DA Davidson lifted their price target on CoreWeave from $125.00 to $175.00 and gave the stock a "buy" rating in a research note on Monday, April 13th. Twenty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $131.88.

Check Out Our Latest Report on CoreWeave

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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