CoreWeave (NASDAQ:CRWV) Insider Brian Venturo Sells 310,480 Shares

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 310,480 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $135.67, for a total value of $42,122,821.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CoreWeave Price Performance

CoreWeave stock opened at $134.79 on Friday. CoreWeave Inc. has a one year low of $33.51 and a one year high of $187.00. The business’s 50 day moving average is $111.91. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 2.79.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data 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 business’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

Several research analysts recently commented on the company. Mizuho reiterated a “neutral” rating and issued a $150.00 price target (up previously from $70.00) on shares of CoreWeave in a research note on Tuesday, July 8th. Stifel Nicolaus boosted their target price on CoreWeave from $115.00 to $120.00 and gave the stock a “hold” rating in a report on Wednesday, August 13th. Argus restated a “buy” rating and issued a $200.00 target price on shares of CoreWeave in a research report on Thursday, August 14th. Arete upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a research report on Thursday, August 21st. Finally, DA Davidson reissued an “underperform” rating and issued a $36.00 price objective on shares of CoreWeave in a research note on Tuesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, CoreWeave has an average rating of “Moderate Buy” and a consensus target price of $127.64.

Institutional Trading of CoreWeave

Large investors have recently added to or reduced their stakes in the company. Cisco Systems Inc. purchased a new position in shares of CoreWeave during the second quarter valued at $173,493,000. Gamco Investors INC. ET AL acquired a new stake in CoreWeave during the 1st quarter worth about $318,000. Magnus Financial Group LLC purchased a new position in CoreWeave during the 2nd quarter valued at about $903,000. SeaCrest Wealth Management LLC acquired a new position in shares of CoreWeave in the 2nd quarter valued at about $848,000. Finally, Sivia Capital Partners LLC acquired a new position in shares of CoreWeave in the 2nd quarter valued at about $39,824,000.

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.