CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) EVP Chen Goldberg sold 6,397 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $90.00, for a total transaction of $575,730.00. Following the completion of the transaction, the executive vice president directly owned 52,974 shares in the company, valued at $4,767,660. This represents a 10.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Chen Goldberg also recently made the following trade(s):
- On Wednesday, August 5th, Chen Goldberg sold 19,208 shares of CoreWeave stock. The stock was sold at an average price of $92.29, for a total transaction of $1,772,706.32.
- On Tuesday, June 30th, Chen Goldberg sold 4 shares of CoreWeave stock. The stock was 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 stock was sold at an average price of $107.29, for a total transaction of $594,493.89.
- On Wednesday, May 20th, Chen Goldberg sold 14,168 shares of CoreWeave stock. The shares were sold at an average price of $100.34, for a total transaction of $1,421,617.12.
CoreWeave Trading Down 5.1%
Shares of CoreWeave stock opened at $85.33 on Friday. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $153.20. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The company’s 50-day simple moving average is $92.19 and its 200-day simple moving average is $94.89. The firm has a market cap of $38.19 billion, a price-to-earnings ratio of -27.44 and a beta of 7.44.
Institutional Investors Weigh In On CoreWeave
Several institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp purchased a new position in CoreWeave in the 2nd quarter valued at approximately $127,936,000. Haven Capital Group Inc. purchased a new stake in CoreWeave during the second quarter worth $242,000. Dagco Inc. purchased a new stake in CoreWeave during the second quarter worth $258,000. Fiduciary Financial Group LLC acquired a new stake in CoreWeave in the second quarter valued at $7,298,000. Finally, E. Ohman J or Asset Management AB grew its holdings in CoreWeave by 48.5% in the second quarter. E. Ohman J or Asset Management AB now owns 7,040 shares of the company’s stock valued at $701,000 after purchasing an additional 2,300 shares during the last quarter.
Analyst Ratings Changes
A number of brokerages have recently issued reports on CRWV. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of CoreWeave in a research note on Friday. TD Cowen upgraded CoreWeave to a “buy” rating in a research note on Wednesday, July 22nd. BNP Paribas Exane started coverage on CoreWeave in a report on Tuesday, June 2nd. They set an “outperform” rating and a $192.00 price objective on the stock. Citigroup cut their price objective on CoreWeave from $158.00 to $142.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Sanford C. Bernstein initiated coverage on CoreWeave in a report on Wednesday, July 22nd. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $136.21.
View Our Latest Stock Report on CRWV
CoreWeave News Roundup
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave announced a multi-year agreement with Solidigm for priority access to enterprise SSD capacity. The deal could help the company scale storage alongside its AI cloud platform and reduce supply-chain constraints. CoreWeave Signs Multi-Year Agreement With Solidigm to Strengthen Its Integrated AI Cloud Platform
- Positive Sentiment: The company’s planned entry into Indonesia includes three AI data centers with 360 megawatts of contracted IT power, giving CoreWeave its first physical presence in the Asia-Pacific region and potentially expanding access to Southeast Asian AI customers. CoreWeave Enters Indonesia With Three New AI Data Centers
- Positive Sentiment: Bullish coverage argues that the recent pullback has improved CoreWeave’s risk-reward profile. The stock trades well below its 52-week high, while the cited analyst consensus target of $138.03 implies substantial upside; Rosenblatt Securities separately reaffirmed a Buy rating with a $250 target. CoreWeave at $92: The Compelling Bull Case On Offer Right Now
- Neutral Sentiment: Investors are focused on CoreWeave’s August 11 earnings release. Recent commentary highlights strong GPU and AI-cloud demand, but the company’s outlook and spending plans will likely determine whether that momentum can offset profitability concerns. Dear CoreWeave Stock Fans, Mark Your Calendars for August 11
- Negative Sentiment: Director Brannin Mcbee disclosed multiple sales totaling approximately 250,000 shares and more than $20 million under a pre-arranged Rule 10b5-1 plan. Although scheduled sales do not necessarily signal a change in business expectations, the sizable reduction in his holdings can weigh on sentiment. SEC Insider Trading Filing
- Negative Sentiment: CoreWeave remains a high-risk, capital-intensive growth stock. Its reported negative earnings, debt-to-equity ratio of 3.68, low liquidity ratios, and substantial data-center spending leave investors sensitive to financing costs, execution risks, and any signs that AI demand is not converting into improving profitability. CoreWeave Earnings Report
About CoreWeave
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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