CoreWeave (NASDAQ:CRWV) EVP Sells $678,785.67 in Stock

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) EVP Chen Goldberg sold 6,397 shares of CoreWeave stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $106.11, for a total value of $678,785.67. Following the completion of the sale, the executive vice president directly owned 64,869 shares of the company's stock, valued at approximately $6,883,249.59. This trade represents a 8.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

• CoreWeave's $129 Billion AI Backlog Changes the Bull Case

Chen Goldberg also recently made the following trade(s):

• On Wednesday, August 5th, Chen Goldberg sold 19,208 shares of CoreWeave stock. The shares were sold at an average price of $92.29, for a total transaction of $1,772,706.32.
• On Tuesday, August 4th, Chen Goldberg sold 6,397 shares of CoreWeave stock. The stock was sold at an average price of $90.00, for a total transaction of $575,730.00.
• On Tuesday, June 30th, Chen Goldberg sold 4 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total transaction of $382.76.
• On Monday, June 15th, Chen Goldberg sold 5,541 shares of CoreWeave stock. The shares were sold at an average price of $107.29, for a total transaction of $594,493.89.

CoreWeave Stock Down 2.5%

---

---

CRWV opened at $90.87 on Thursday. CoreWeave Inc. has a 12 month low of $60.55 and a 12 month high of $153.20. The company has a market cap of $41.70 billion, a PE ratio of -24.90 and a beta of 7.44. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. The company has a 50 day moving average of $90.37 and a 200 day moving average of $94.82.

• AI Data Centers Are Splitting Winners From Pretenders in Infrastructure Stocks

CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business had revenue of $2.58 billion for the quarter. During the same period in the previous year, the firm earned ($0.27) EPS. The company's revenue was up 112.5% compared to the same quarter last year. On average, sell-side analysts expect that CoreWeave Inc. will post -5.36 EPS for the current year.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave continues to show powerful operating momentum. Second-quarter revenue surged 112% year over year to approximately $2.6 billion, while its backlog reached $104.2 billion, with more than half tied to active contracts. A bullish analyst view cited improving margins, operating leverage and potentially attractive valuation. CoreWeave: The Execution Story Is Flashing A Strong Signal
• Positive Sentiment: CoreWeave’s recent revenue growth has outpaced AppLovin’s in absolute terms, and the company has delivered stronger quarter-over-quarter increases while maintaining year-over-year growth. This supports the investment case that demand for its AI infrastructure remains robust. AppLovin vs. CoreWeave: What Recent Revenue Trends Tell Investors
• Positive Sentiment: Institutional interest provided a counterpoint to the selling pressure: Appaloosa Management disclosed a new CoreWeave position valued at roughly $107 million in its second-quarter filing. David Tepper Just Made a $107 Million Bet on Top AI Stock
• Neutral Sentiment: CoreWeave’s decline occurred alongside weakness in other “neocloud” stocks and broader technology-market volatility, suggesting that sector positioning and macroeconomic factors are influencing trading as much as company-specific news. Why Is CoreWeave Stock Falling on Wednesday?
• Negative Sentiment: Several insiders sold shares on August 17, including EVP Chen Goldberg and Brannin Mcbee. Mcbee’s disclosed sales totaled roughly $26.5 million, while a separate report highlighted a CEO share sale of approximately $17 million. The transactions were made under pre-arranged Rule 10b5-1 plans, which reduces their signaling value but can still weigh on sentiment. CoreWeave Stock Plunges Amid CEO Share Sale
• Negative Sentiment: Investors are increasingly concerned about AI infrastructure overspending and CoreWeave’s high financing sensitivity. Rising Treasury yields raise costs for the highly leveraged company, while fears of excessive industry capacity have pressured neocloud valuations. CoreWeave Sinks as Rising Yields Test the Leveraged AI Landlord

Institutional Trading of CoreWeave

• CoreWeave Powers Up: The Asia Infrastructure Grab

Hedge funds have recently bought and sold shares of the company. Cornerstone Planning Group LLC lifted its holdings in shares of CoreWeave by 272.8% in the 4th 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. Cullen Frost Bankers Inc. raised its position in CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock worth $28,000 after purchasing an additional 121 shares during the period. Greenline Wealth Management LLC bought a new stake in CoreWeave in the fourth quarter worth $28,000. Essential Partners LLC bought a new stake in CoreWeave in the second quarter worth $30,000. Finally, Peterson Wealth Services boosted its holdings in CoreWeave by 153.1% during the 1st quarter. Peterson Wealth Services now owns 405 shares of the company's stock valued at $31,000 after acquiring an additional 245 shares during the period.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Raymond James Financial lowered shares of CoreWeave from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, July 22nd. Piper Sandler restated an "overweight" rating and issued a $153.00 target price (up from $151.00) on shares of CoreWeave in a research note on Wednesday, August 12th. Citigroup lifted their price target on CoreWeave from $142.00 to $159.00 and gave the company a "buy" rating in a research report on Friday, August 14th. Robert W. Baird upped their price objective on shares of CoreWeave from $100.00 to $130.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 12th. Finally, TD Cowen raised shares of CoreWeave to a "buy" rating in a research note on Wednesday, July 22nd. Twenty-two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, CoreWeave presently has a consensus rating of "Moderate Buy" and a consensus price target of $141.10.

Check Out Our Latest Analysis on CRWV

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.

Further Reading

• Five stocks we like better than CoreWeave
• Bloom Energy’s AI Surge Meets a Valuation Reality Check
• Target Is Winning Shoppers Back—Can the Rally Reach $180?
• IonQ’s Space Contract Points to a New Frontier for Quantum Investors
• Is Apple’s AI Strategy Smarter Than Skeptics Think?

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].