CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) insider Brian Venturo sold 76,924 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $118.48, for a total transaction of $9,113,955.52. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
CoreWeave Stock Up 2.4%
CoreWeave stock traded up $2.74 during mid-day trading on Thursday, reaching $117.95. The company had a trading volume of 65,460,009 shares, compared to its average volume of 27,323,884. The stock’s 50-day simple moving average is $110.37 and its 200-day simple moving average is $93.70. CoreWeave Inc. has a 1 year low of $63.80 and a 1 year high of $187.00. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate of ($1.17) by ($0.23). The firm had revenue of $2.08 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.CoreWeave’s quarterly revenue was up 111.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.60) earnings per share. On average, sell-side analysts anticipate that CoreWeave Inc. will post -4.57 EPS for the current fiscal year.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on CRWV
Hedge Funds Weigh In On CoreWeave
A number of institutional investors have recently made changes to their positions in the stock. Cornerstone Planning Group LLC boosted its stake in shares of CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after acquiring an additional 251 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in CoreWeave in the 3rd quarter valued at about $27,000. Cullen Frost Bankers Inc. lifted its holdings in CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after purchasing an additional 121 shares in the last quarter. Greenline Wealth Management LLC acquired a new stake in shares of CoreWeave during the 4th quarter worth about $28,000. Finally, Rothschild Investment LLC grew its holdings in shares of CoreWeave by 10,700.0% during the third quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock worth $30,000 after buying an additional 214 shares in the last quarter.
Key CoreWeave News
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave is getting a lift from its upcoming addition to the Nasdaq-100, which can trigger index-related buying and has helped fuel strong recent momentum. CoreWeave (CRWV) to Join Nasdaq-100, Soars 9.67%
- Positive Sentiment: The company reported record MLPerf training results, reinforcing its reputation as a leading AI infrastructure platform and supporting the growth narrative around CRWV. CoreWeave (CRWV) Posts Record MLPerf Training Results On Customer Ready Infrastructure
- Positive Sentiment: Coverage highlighting CoreWeave’s expanding AI backlog, including commentary about a roughly $32 billion backlog addition, is feeding optimism that demand remains very strong. CoreWeave Just Added $32 Billion to Its AI Backlog Ahead of Joining the Nasdaq-100. Is CRWV a Buy at $117?
- Neutral Sentiment: Several insiders, including EVP Chen Goldberg and Brannin McBee, sold shares, but the trades were made under pre-arranged 10b5-1 plans, making them less alarming to investors. SEC filing for Chen Goldberg sale
- Neutral Sentiment: Analysts and commentators continue to flag CoreWeave’s heavy capex, leverage, and valuation as risks, even while acknowledging the company’s rapid AI-driven growth. CoreWeave Guides $31-$35B Capex for 2026: Fuel or Financial Strain?
- Negative Sentiment: Broader skepticism about the AI capex boom and bubble comparisons could pressure sentiment toward CRWV if investors turn more risk-averse. Legendary Short Seller Jim Chanos Issues Dire Prediction
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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