Cerebras Systems (NASDAQ:CBRS) CFO Sells 32,500 Shares of Company Stock

Posted by Brian Himes on Sep 30th, 2026

Cerebras Systems Inc. (NASDAQ:CBRS – Get Free Report) CFO Robert Patrick Jr. Komin sold 32,500 shares of the business’s stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $203.53, for a total transaction of $6,614,725.00. Following the sale, the chief financial officer directly owned 30,670 shares of the company’s stock, valued at $6,242,265.10. This represents a 51.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cerebras Systems Stock Performance

Shares of CBRS traded down $17.30 during mid-day trading on Wednesday, hitting $177.65. 13,826,933 shares of the company were exchanged, compared to its average volume of 7,047,298. The stock has a market cap of $42.20 billion and a PE ratio of -2,220.62. Cerebras Systems Inc. has a 1-year low of $160.81 and a 1-year high of $386.34. The firm’s 50 day simple moving average is $203.58. The company has a current ratio of 5.82, a quick ratio of 5.80 and a debt-to-equity ratio of 0.02.

Cerebras Systems (NASDAQ:CBRS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($2.98) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($2.77). The company had revenue of $209.87 million during the quarter. The firm’s revenue for the quarter was up 74.3% on a year-over-year basis. Research analysts anticipate that Cerebras Systems Inc. will post -0.52 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cerebras Systems

A number of large investors have recently made changes to their positions in the stock. Value Aligned Research Advisors LLC purchased a new stake in shares of Cerebras Systems in the second quarter valued at approximately $241,934,000. Wellington Management Group LLP purchased a new position in Cerebras Systems during the second quarter worth approximately $194,853,000. State Street Corp acquired a new position in Cerebras Systems during the second quarter worth $105,343,000. Dragoneer Investment Group LLC purchased a new stake in Cerebras Systems in the 2nd quarter valued at $88,400,000. Finally, Montanova Capital LLC acquired a new stake in shares of Cerebras Systems in the 2nd quarter worth $37,990,000.

Analyst Ratings Changes

Several analysts recently commented on the company. Freedom Capital upgraded Cerebras Systems to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings lowered Cerebras Systems from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday. Barclays assumed coverage on shares of Cerebras Systems in a research note on Monday, June 8th. They set an “overweight” rating and a $280.00 target price on the stock. Rosenblatt Securities reaffirmed a “buy” rating and set a $300.00 target price on shares of Cerebras Systems in a report on Wednesday, August 19th. Finally, Wall Street Zen upgraded shares of Cerebras Systems from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Cerebras Systems has a consensus rating of “Moderate Buy” and an average target price of $299.90.

Get Our Latest Report on CBRS

Cerebras Systems News Summary

Here are the key news stories impacting Cerebras Systems this week:

Positive Sentiment: New customer wins support inference growth. General Compute selected Cerebras to provide ultra-fast inference for agentic coding, expanding the company’s potential AI workload base. General Compute Selects Cerebras to Bring Ultra-Fast Inference to Agentic Coding
Positive Sentiment: Gimlet Labs partnership adds another bullish catalyst. Reports tied the partnership to a sharp intraday gain, suggesting investors view Cerebras’ technology and software ecosystem as increasingly relevant to AI infrastructure demand. Cerebras Systems Stock Rises on Gimlet Labs Partnership
Positive Sentiment: Backlog and capacity expansion remain long-term positives. Cerebras reportedly has a $25.4 billion backlog, while expanding data-center capacity and improving margins could help it compete with NVIDIA and AMD if demand converts into revenue. CBRS Backlog Rides on Strong AI Demand
Neutral Sentiment: Options activity increased. Investors purchased about 45,379 call options, roughly 14% above average call volume, indicating heightened speculative interest but not guaranteeing a sustained rally.
Neutral Sentiment: Analysts remain divided on the investment case. Commentary highlights Cerebras’ rapid AI growth and backlog, but also questions whether benchmark advantages translate into durable competitive strength. Revenue growth has been strong year over year, although recent sequential performance lagged Nebius. Cerebras Systems Benchmark Numbers Do Not Make This a Winner
Negative Sentiment: A 19.4 million-share unlock is pressuring the stock. The newly available shares increase potential supply and dilution-related selling pressure. Cerebras Stock Falls as Share Unlock Hits
Negative Sentiment: Reports that OpenAI may be shifting workloads toward NVIDIA chips weakened the bullish narrative. Investors are concerned that OpenAI’s latest model is not running on Cerebras hardware and that a reported OpenAI-NVIDIA partnership could limit Cerebras’ customer momentum. Cerebras Stock Plunges on OpenAI-NVIDIA Partnership Reports
Negative Sentiment: Insider selling added to investor caution. CTO Sean Lie sold 120,000 shares worth approximately $25.1 million under a pre-arranged Rule 10b5-1 plan, reducing his holdings by about 28%. Cerebras CTO Share Sale

About Cerebras Systems

(Get Free Report)

Cerebras Systems is an artificial intelligence computing company that develops specialized hardware and software for training and deploying large AI models. The company’s technology is designed to address the computational demands of generative AI, deep learning and other data-intensive workloads.

Its core products include the Wafer-Scale Engine, a purpose-built AI processor produced on a single silicon wafer, and the CS-3 AI supercomputer, which incorporates that processor into an integrated computing system.