CoreWeave (NASDAQ:CRWV) EVP Chen Goldberg Sells 19,904 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) EVP Chen Goldberg sold 19,904 shares of the stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $46.50, for a total value of $925,536.00. Following the completion of the transaction, the executive vice president directly owned 68,149 shares of the company's stock, valued at approximately $3,168,928.50. This represents a 22.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Wednesday, September 30th, Chen Goldberg sold 5 shares of CoreWeave stock. The stock was sold at an average price of $87.69, for a total value of $438.45.
• On Tuesday, September 8th, Chen Goldberg sold 22,424 shares of CoreWeave stock. The shares were sold at an average price of $95.91, for a total transaction of $2,150,685.84.
• On Thursday, August 20th, Chen Goldberg sold 8,628 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total value of $792,740.64.
• On Monday, August 17th, Chen Goldberg sold 6,397 shares of CoreWeave stock. The shares were sold at an average price of $106.11, for a total value of $678,785.67.

CoreWeave Stock Performance

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Shares of CRWV opened at $46.40 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The company's fifty day moving average is $75.56 and its 200-day moving average is $89.88. CoreWeave Inc. has a 12 month low of $40.58 and a 12 month high of $138.25. The firm has a market cap of $21.29 billion, a price-to-earnings ratio of -12.71 and a beta of 7.71.

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CoreWeave (NASDAQ:CRWV - Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate 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 firm had revenue of $2.58 billion for the quarter. During the same quarter in the prior year, the firm earned ($0.27) earnings per share. CoreWeave's revenue for the quarter was up 112.5% on a year-over-year basis. Equities analysts expect that CoreWeave Inc. will post -4.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CRWV shares. BNP Paribas Exane reissued an "outperform" rating and set a $117.00 price target on shares of CoreWeave in a research report on Monday, October 19th. Rothschild & Co Redburn started coverage on shares of CoreWeave in a research note on Monday, September 21st. They set a "sell" rating and a $54.00 price objective on the stock. Moffett Nathanson set a $89.00 price objective on CoreWeave in a research note on Monday, October 19th. BTIG Research assumed coverage on CoreWeave in a research note on Wednesday, July 22nd. They issued a "buy" rating on the stock. Finally, JPMorgan Chase & Co. upgraded shares of CoreWeave from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $120.00 to $125.00 in a research report on Thursday, September 24th. Twenty-seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $129.41.

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Get Our Latest Research Report on CRWV

Institutional Investors Weigh In On CoreWeave

Hedge funds have recently modified their holdings of the business. Parallel Advisors LLC increased its stake in shares of CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company's stock valued at $181,000 after purchasing an additional 91 shares in the last quarter. Pathway Wealth Management LLC lifted its position in CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company's stock valued at $278,000 after buying an additional 100 shares in the last quarter. Azzad Asset Management Inc. ADV increased its position in shares of CoreWeave by 2.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company's stock worth $389,000 after purchasing an additional 104 shares during the last quarter. WPG Advisers LLC boosted its holdings in shares of CoreWeave by 14.1% during the first quarter. WPG Advisers LLC now owns 1,159 shares of the company's stock valued at $90,000 after acquiring an additional 143 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in CoreWeave by 3.6% during the second quarter. Sequoia Financial Advisors LLC now owns 4,128 shares of the company's stock worth $411,000 after buying an additional 145 shares in the last quarter.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Better-than-expected results from other AI-cloud companies helped spark a sector relief rally, lifting CoreWeave after Thursday’s losses. Article: Cloudflare and IREN earnings spark an AI-cloud rebound
• Positive Sentiment: Investors are looking to strong AI demand, a reported $104 billion backlog and expanding infrastructure as potential supports for CoreWeave’s Q3 results. Article: CRWV poised for a Q3 earnings beat
• Neutral Sentiment: Q3 expectations point to rapid growth—guidance implies roughly 158% year-over-year revenue growth—but an adjusted operating margin of about 6.5% would underscore that growth is not yet translating into robust profitability. Article: CoreWeave stock is no bargain—earnings preview
• Negative Sentiment: CoreWeave’s bond yield has topped 16%, signaling heightened concern about the cost of financing its infrastructure expansion. High leverage and a 0.46 current ratio add to refinancing and liquidity risks. Article: CoreWeave bond yield tops 16%
• Negative Sentiment: Investors are also weighing possible tighter rules and slower permitting for data centers, including in Texas, a key market for infrastructure growth. Article: Is CoreWeave facing a growth squeeze from data-center rules?
• Negative Sentiment: A broader pullback in AI and data-center stocks, alongside an analyst downgrade and a price-target cut, has added pressure ahead of earnings. Article: AI stocks hammered as data-center concerns rise

About CoreWeave

(Get Free Report)

CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads.

The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.

Co-founder Michael Intrator serves as CoreWeave's chief executive officer.

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