Chen Goldberg Sells 19,180 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) SVP Chen Goldberg sold 19,180 shares of the business’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $118.30, for a total value of $2,268,994.00. Following the completion of the transaction, the senior vice president owned 37,084 shares in the company, valued at $4,387,037.20. The trade was a 34.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Tuesday, September 2nd, Chen Goldberg sold 56,294 shares of CoreWeave stock. The shares were sold at an average price of $93.17, for a total value of $5,244,911.98.

CoreWeave Stock Down 2.7%

NASDAQ CRWV opened at $104.01 on Friday. CoreWeave Inc. has a 12 month low of $33.51 and a 12 month high of $187.00. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 2.79. The stock has a market cap of $50.82 billion and a PE ratio of -91.24. The stock’s 50 day moving average is $123.37 and its 200 day moving average is $117.52.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Tuesday, August 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The firm had revenue of $1.21 million for the quarter. The company’s quarterly 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.

Analysts Set New Price Targets

Several analysts have commented on CRWV shares. Barclays boosted their price target on shares of CoreWeave from $100.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Monday, July 21st. Arete Research upgraded CoreWeave from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 21st. Raymond James Financial initiated coverage on CoreWeave in a report on Monday, September 15th. They set an “outperform” rating and a $130.00 price target for the company. Melius Research set a $165.00 price objective on CoreWeave and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of CoreWeave in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $129.71.

Hedge Funds Weigh In On CoreWeave

A number of institutional investors and hedge funds have recently modified their holdings of CRWV. Nvidia Corp lifted its position in CoreWeave by 0.4% in the second quarter. Nvidia Corp now owns 24,277,573 shares of the company’s stock worth $3,958,701,000 after buying an additional 95,113 shares during the last quarter. Vanguard Group Inc. increased its position in CoreWeave by 109.7% during the third quarter. Vanguard Group Inc. now owns 7,433,501 shares of the company’s stock valued at $1,017,275,000 after acquiring an additional 3,888,164 shares during the last quarter. Cisco Systems Inc. purchased a new stake in shares of CoreWeave in the second quarter valued at $173,493,000. Voya Investment Management LLC bought a new stake in shares of CoreWeave in the 3rd quarter worth about $110,562,000. Finally, Geode Capital Management LLC boosted its stake in shares of CoreWeave by 142.6% during the 2nd quarter. Geode Capital Management LLC now owns 716,178 shares of the company’s stock worth $116,809,000 after purchasing an additional 420,915 shares during the period.

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.