CoreWeave (NASDAQ:CRWV) Insider Sells $3,827,453.04 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 29,916 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $127.94, for a total value of $3,827,453.04. Following the transaction, the insider owned 215,486 shares in the company, valued at $27,569,278.84. This represents a 12.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

CoreWeave Trading Down 2.7%

CRWV opened at $104.01 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79. CoreWeave Inc. has a 52 week low of $33.51 and a 52 week high of $187.00. The business’s 50 day moving average is $123.37 and its two-hundred day moving average is $116.97. The firm has a market cap of $50.82 billion and a price-to-earnings ratio of -91.24.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The firm had revenue of $1.21 million for the quarter. The company’s revenue was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Analyst Ratings Changes

A number of research analysts have commented on CRWV shares. Arete Research upgraded shares of CoreWeave from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 21st. Weiss Ratings reissued a “sell (d+)” rating on shares of CoreWeave in a report on Tuesday, October 14th. Macquarie upped their price objective on CoreWeave from $115.00 to $140.00 and gave the company a “neutral” rating in a research note on Monday, September 29th. Citigroup raised CoreWeave from a “neutral” rating to a “buy” rating and set a $160.00 price objective for the company in a research report on Thursday, July 31st. Finally, Moffett Nathanson lifted their target price on CoreWeave from $56.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, August 19th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.71.

Institutional Investors Weigh In On CoreWeave

A number of hedge funds have recently added to or reduced their stakes in CRWV. Family Legacy Financial Solutions LLC increased its position in CoreWeave by 166.7% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock worth $27,000 after purchasing an additional 125 shares during the period. HighMark Wealth Management LLC acquired a new stake in shares of CoreWeave in the 3rd quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of CoreWeave in the third quarter valued at approximately $27,000. Princeton Global Asset Management LLC acquired a new position in CoreWeave during the third quarter worth $28,000. Finally, Aspect Partners LLC acquired a new position in CoreWeave during the third quarter worth $28,000.

CoreWeave Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.