CoreWeave (NASDAQ:CRWV) Insider Jeff Baker Sells 6,760 Shares

CoreWeave Inc. (NASDAQ:CRWV) insider Jeff Baker sold 6,760 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $107.87, for a total transaction of $729,201.20. Following the transaction, the insider owned 42,529 shares in the company, valued at $4,587,603.23. This represents a 13.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Jeff Baker also recently made the following trade(s):

• On Tuesday, March 31st, Jeff Baker sold 16 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total transaction of $1,184.80.
• On Friday, February 20th, Jeff Baker sold 2,374 shares of CoreWeave stock. The shares were sold at an average price of $90.83, for a total transaction of $215,630.42.

CoreWeave Stock Performance

Shares of NASDAQ CRWV traded up $7.41 during trading on Friday, hitting $119.01. 27,331,728 shares of the company traded hands, compared to its average volume of 32,131,860. The business’s fifty day moving average is $91.88 and its 200 day moving average is $93.14. CoreWeave Inc. has a fifty-two week low of $45.80 and a fifty-two week high of $187.00. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share 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 company had revenue of $1.57 billion for the quarter. The company’s revenue for the quarter was up 110.4% on a year-over-year basis. On average, equities research analysts forecast that CoreWeave Inc. will post -4.15 EPS for the current year.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Wells Fargo raised its price target and reiterated an Overweight stance, signaling institutional support and implied upside versus recent levels. Wells Fargo Forecasts Strong Price Appreciation for CoreWeave
• Positive Sentiment: Analyst upgrades and notes about increased client diversification sparked momentum buying; coverage frames CoreWeave as a beneficiary of growing AI infrastructure demand. CoreWeave Stock Rallies 8% Following Analyst Upgrades
• Positive Sentiment: Product update: CoreWeave expanded SUNK capabilities to speed AI cluster setup across multi‑cloud and on‑prem environments — a practical top‑line growth driver if adoption accelerates. CoreWeave SUNK Expands Capabilities
• Neutral Sentiment: Earnings preview: Zacks warns Q1 EPS is expected to decline and CoreWeave lacks the usual setup for an earnings beat, increasing near‑term volatility risk around the May 7 report. Earnings Preview: Q1 Expected to Decline
• Neutral Sentiment: Retail/flows noise: stories about high‑profile funds (e.g., ARK/Cathie Wood mentions) raise attention but are unconfirmed and may not translate into sustained buying. Coverage on Cathie Wood and AI Stocks
• Negative Sentiment: Large insider selling: several insiders (Brian Venturo, Brannin McBee, CEO Michael Intrator, EVP Chen Goldberg) sold blocks under Rule 10b5‑1 plans the week of Apr 27, creating headline risk and short‑term selling pressure. Brian Venturo Sells 375,000 Shares
• Negative Sentiment: Industry/customer risk: coverage notes ripples from OpenAI’s spending warning and suggests major customers’ cadence could pressure demand for GPU cloud capacity. CoreWeave Tries to Shrug Off Ripple Effect from OpenAI’s Warning
• Negative Sentiment: Analyst caution: some research (Zacks, others) highlights CoreWeave’s capital intensity and higher risk profile versus steadier cloud peers, which could cap multiple expansion if investors rotate to lower‑risk names. CoreWeave vs Snowflake Comparison

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CRWV shares. Citigroup upped their target price on shares of CoreWeave from $126.00 to $155.00 and gave the stock a “buy” rating in a report on Friday. Jefferies Financial Group lowered their target price on shares of CoreWeave from $155.00 to $120.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Wolfe Research started coverage on shares of CoreWeave in a report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 target price on the stock. Truist Financial upped their target price on shares of CoreWeave from $84.00 to $85.00 and gave the stock a “hold” rating in a report on Friday, February 27th. Finally, Roth Mkm restated a “buy” rating on shares of CoreWeave in a report on Monday, February 23rd. Twenty equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $126.69.

Institutional Investors Weigh In On CoreWeave

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRWV. Sivia Capital Partners LLC purchased a new stake in CoreWeave in the 2nd quarter valued at about $39,824,000. Quantbot Technologies LP purchased a new stake in CoreWeave in the 2nd quarter valued at about $311,000. Invesco Ltd. purchased a new stake in CoreWeave in the 2nd quarter valued at about $882,000. First Trust Advisors LP purchased a new stake in CoreWeave in the 2nd quarter valued at about $20,260,000. Finally, Baird Financial Group Inc. purchased a new stake in CoreWeave in the 2nd quarter valued at about $455,000.

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.