CoreWeave (NASDAQ:CRWV) Stock Price Down 4.2% on Insider Selling

CoreWeave Inc. (NASDAQ:CRWV) was down 4.2% during mid-day trading on Thursday after an insider sold shares in the company. The company traded as low as $116.15 and last traded at $117.42. Approximately 21,510,472 shares changed hands during trading, a decline of 23% from the average daily volume of 27,759,098 shares. The stock had previously closed at $122.54.

Specifically, CEO Michael N. Intrator sold 107,693 shares of the company’s stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $116.42, for a total value of $12,537,619.06. Following the sale, the chief executive officer directly owned 5,256,465 shares of the company’s stock, valued at $611,957,655.30. This represents a 2.01% decrease in their position. The transaction was disclosed in a 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. Also, CEO Michael N. Intrator sold 200,000 shares of the company’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $116.42, for a total transaction of $23,284,000.00. Following the completion of the sale, the chief executive officer directly owned 5,066,501 shares in the company, valued at $589,842,046.42. This represents a 3.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other news, major shareholder Magnetar Financial Llc sold 323,452 shares of the company’s stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $118.26, for a total value of $38,251,433.52. Following the sale, the insider directly owned 279,489 shares of the company’s stock, valued at $33,052,369.14. This represents a 53.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Analysts Set New Price Targets

A number of analysts have recently weighed in on CRWV shares. Jefferies Financial Group reduced their target price on shares of CoreWeave from $155.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. UBS Group reaffirmed a “neutral” rating on shares of CoreWeave in a research report on Friday, January 16th. Wells Fargo & Company cut their price objective on shares of CoreWeave from $150.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Evercore reissued an “outperform” rating and set a $150.00 price objective on shares of CoreWeave in a research report on Wednesday, April 15th. Finally, Citigroup cut their price objective on shares of CoreWeave from $135.00 to $126.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Twenty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $125.16.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: High revenue growth underpins the bull case: CoreWeave reported ~110% year‑over‑year revenue growth for the last reported quarter, reinforcing investor belief in sustained GPU/AI demand and supporting valuation momentum. MarketBeat: CRWV profile & earnings recap
• Positive Sentiment: Jim Cramer continues to highlight CoreWeave as an aggressive buy while warning of volatility — his remarks can attract retail interest and keep demand for the shares. Jim Cramer: Spills The Beans on CoreWeave
• Positive Sentiment: Analysts and industry pieces point to “demand locked” and a buildout race — suggesting strong forward bookings and need for capital investment, which supports long‑term revenue trajectory. Seeking Alpha: Demand Is Locked
• Neutral Sentiment: Company is planning sizable debt and capital raises: markets are pricing the moves as growth capital for rapid expansion, but increased leverage and dilution risk add ambiguity and volatility. Yahoo: CoreWeave issuing billions in debt
• Negative Sentiment: Large insider and major‑holder sales this week — Magnetar disclosed massive reductions (multiple filings showing >50% cut in its position across several days) and senior executives sold into a 10b5‑1 plan; these transactions materially increase supply and are typically perceived negatively by the market. Magnetar SEC filing InsiderTrades alert
• Negative Sentiment: Recent earnings showed a meaningful EPS miss and negative margins (cash‑burn/margin risks); that report plus analyst previews highlighting margin/execution risk temper enthusiasm and can drive short‑term selling. MarketBeat: earnings & analyst notes Seeking Alpha: Cautious ahead of earnings

CoreWeave Stock Down 4.2%

The company’s 50-day moving average is $90.32 and its 200 day moving average is $94.04. The company has a market capitalization of $49.20 billion and a PE ratio of -36.69. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The firm had revenue of $1.57 billion for the quarter. The company’s quarterly revenue was up 110.4% compared to the same quarter last year. As a group, analysts anticipate that CoreWeave Inc. will post -4.16 EPS for the current year.

Hedge Funds Weigh In On CoreWeave

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in CoreWeave by 275.6% during the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after acquiring an additional 20,487,478 shares during the period. Proficio Capital Partners LLC lifted its stake in CoreWeave by 446,194.0% during the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after acquiring an additional 17,847,760 shares during the period. Clear Street Group Inc. lifted its stake in CoreWeave by 57.2% during the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after acquiring an additional 1,692,916 shares during the period. Alyeska Investment Group L.P. lifted its stake in CoreWeave by 300.0% during the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after acquiring an additional 3,000,000 shares during the period. Finally, Deutsche Bank AG lifted its stake in CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after acquiring an additional 3,796,077 shares during the period.

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.