CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) insider Brian Venturo sold 1,125,000 shares of the stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $110.82, for a total transaction of $124,672,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
CoreWeave Stock Up 1.3%
CRWV traded up $1.49 during midday trading on Wednesday, hitting $118.69. 43,214,838 shares of the company’s stock traded hands, compared to its average volume of 27,917,672. The company has a market cap of $49.73 billion and a PE ratio of -37.09. The stock’s fifty day simple moving average is $86.37 and its 200-day simple moving average is $94.25. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46. CoreWeave Inc. has a one year low of $33.51 and a one year high of $187.00.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The business’s quarterly revenue was up 110.4% on a year-over-year basis.
Key Stories Impacting CoreWeave
- Positive Sentiment: Jane Street multi‑year commitment — Jane Street has committed roughly $6 billion for CoreWeave’s AI cloud services and separately invested $1 billion of equity, providing multi‑year revenue visibility and a strategic, deep‑pocketed customer. Read More.
- Positive Sentiment: Large Meta partnership expands addressable market — Reports of a ~$21 billion capacity agreement with Meta add another stable, high‑value revenue stream that underpins long‑term ARR forecasts and supports scale economics. Read More.
- Positive Sentiment: Anthropic and other enterprise wins — Recent Anthropic data‑center deal and other customer additions validate CoreWeave’s position as a go‑to GPU cloud provider for large AI workloads. These contract wins are driving momentum and institutional interest. Read More.
- Positive Sentiment: Wall‑street flows and hedge funds turning bullish — Hedgeye added CoreWeave as a new long and several analysts/shops have upgraded or raised targets, reinforcing momentum and fueling trading volume. Read More.
- Neutral Sentiment: Insider selling under 10b5‑1 — COO Sachin Jain disclosed sales of shares under a pre‑arranged plan; headline‑grabbing but appears scheduled rather than signaling a change in business fundamentals. Read More.
- Negative Sentiment: Huge CapEx and financing risk — Analysts caution CoreWeave’s hypergrowth requires tens of billions in CapEx (and likely raises/debt), creating dilution, margin pressure and execution risk despite strong bookings. Read More.
- Negative Sentiment: Current profitability and leverage metrics — Recent results show negative EPS, negative margins and a high debt‑to‑equity ratio, which increases sensitivity to capital markets and financing costs as CoreWeave scales. Read More.
Wall Street Analyst Weigh In
Several analysts have weighed in on CRWV shares. Evercore reissued an “outperform” rating and set a $150.00 price objective on shares of CoreWeave in a report on Wednesday. Citigroup decreased their target price on CoreWeave from $135.00 to $126.00 and set a “buy” rating for the company in a research report on Wednesday, March 4th. Wells Fargo & Company decreased their target price on CoreWeave from $150.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Oppenheimer assumed coverage on CoreWeave in a research report on Friday, March 6th. They set an “outperform” rating and a $140.00 target price for the company. Finally, HC Wainwright restated a “buy” rating and set a $180.00 target price on shares of CoreWeave in a research report on Monday, March 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $123.61.
Check Out Our Latest Analysis on CoreWeave
Institutional Investors Weigh In On CoreWeave
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Renaissance Capital LLC raised its position in CoreWeave by 49.9% in the third quarter. Renaissance Capital LLC now owns 47,162 shares of the company’s stock valued at $6,454,000 after purchasing an additional 15,697 shares during the last quarter. Munro Partners raised its position in CoreWeave by 5,272.4% in the third quarter. Munro Partners now owns 616,485 shares of the company’s stock valued at $84,366,000 after purchasing an additional 605,010 shares during the last quarter. AE Wealth Management LLC bought a new position in CoreWeave in the third quarter valued at about $4,241,000. HWG Holdings LP bought a new position in CoreWeave in the third quarter valued at about $1,863,000. Finally, Hidden Lake Asset Management LP bought a new position in CoreWeave in the third quarter valued at about $14,814,000.
CoreWeave Company Profile
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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