CoreWeave (NASDAQ:CRWV) COO Sells $98,780.00 in Stock

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

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

• On Wednesday, May 20th, Sachin Jain sold 6,377 shares of CoreWeave stock. The stock was sold at an average price of $99.82, for a total value of $636,552.14.
• On Friday, May 8th, Sachin Jain sold 14,750 shares of CoreWeave stock. The stock was sold at an average price of $118.61, for a total value of $1,749,497.50.
• 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 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 Trading Up 2.5%

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NASDAQ CRWV opened at $109.53 on Friday. CoreWeave Inc. has a one year low of $63.80 and a one year high of $187.00. The company's 50 day moving average price is $102.63 and its 200 day moving average price is $90.63. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. The firm has a market capitalization of $49.02 billion, a price-to-earnings ratio of -35.22 and a beta of 7.84.

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CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The business had revenue of $2.08 billion during the quarter. During the same quarter last year, the firm earned ($0.60) EPS. The business's revenue for the quarter was up 111.6% compared to the same quarter last year. On average, sell-side analysts predict that CoreWeave Inc. will post -4.57 EPS for the current year.

Institutional Trading of CoreWeave

A number of hedge funds have recently made changes to their positions in the company. Cornerstone Planning Group LLC increased its position in shares of CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company's stock worth $25,000 after acquiring an additional 251 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of CoreWeave during the third quarter worth about $27,000. Aspect Partners LLC purchased a new stake in shares of CoreWeave during the third quarter worth about $28,000. Cullen Frost Bankers Inc. increased its position in shares of CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock worth $28,000 after acquiring an additional 121 shares during the last quarter. Finally, Greenline Wealth Management LLC purchased a new stake in shares of CoreWeave during the fourth quarter worth about $28,000.

Wall Street Analyst Weigh In

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Several research firms have commented on CRWV. Weiss Ratings reissued a "sell (e+)" rating on shares of CoreWeave in a research report on Monday, May 4th. Barclays raised their price objective on CoreWeave from $106.00 to $120.00 and gave the company an "equal weight" rating in a research report on Monday, May 11th. Cantor Fitzgerald raised their price objective on CoreWeave from $156.00 to $167.00 and gave the company an "overweight" rating in a research report on Monday, May 11th. Bank of America raised CoreWeave from a "neutral" rating to a "buy" rating and set a $100.00 price objective on the stock in a research report on Tuesday, March 24th. Finally, Citigroup raised their price objective on CoreWeave from $155.00 to $158.00 and gave the company a "buy" rating in a research report on Thursday, May 14th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $129.63.

Read Our Latest Stock Analysis on CRWV

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched new unified agentic AI capabilities that aim to connect training and inference in a closed loop, reinforcing its role as a key AI infrastructure provider and supporting the long-term growth story. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Reports highlighted CoreWeave’s backlog approaching $100 billion, suggesting strong demand visibility and multi-year revenue potential as AI cloud spending remains robust. CoreWeave's Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Positive Sentiment: Analysts remain constructive overall, with recent target increases and a favorable long-term outlook tied to explosive AI infrastructure demand. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Neutral Sentiment: CoreWeave also announced participation in the BofA Securities Global Technology Conference, which keeps management in front of investors but is not a fundamental catalyst by itself. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Negative Sentiment: Heavy insider selling may be pressuring sentiment, including large share sales by Director Jack D. Cogen and additional sales by CEO Michael Intrator, CFO Nitin Agrawal, COO Sachin Jain, and Director Karen Boone. SEC filing for insider sale
• Negative Sentiment: Investors are still focused on CoreWeave’s sizable losses and capital intensity, which could limit enthusiasm despite strong revenue growth and major customer commitments. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion.

CoreWeave Company Profile

(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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