Insider Selling: CoreWeave (NASDAQ:CRWV) CFO Sells $5,964,224.85 in Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 63,891 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $93.35, for a total value of $5,964,224.85. Following the completion of the sale, the chief financial officer owned 252,200 shares in the company, valued at $23,542,870. The trade was a 20.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nitin Agrawal also recently made the following trade(s):

• On Wednesday, May 27th, Nitin Agrawal sold 5,508 shares of CoreWeave stock. The stock was sold at an average price of $102.17, for a total value of $562,752.36.
• On Wednesday, May 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The stock was sold at an average price of $99.82, for a total value of $1,004,388.84.
• On Wednesday, April 8th, Nitin Agrawal sold 14 shares of CoreWeave stock. The stock was sold at an average price of $92.00, for a total value of $1,288.00.
• On Tuesday, March 31st, Nitin Agrawal sold 16 shares of CoreWeave stock. The stock was sold at an average price of $74.05, for a total value of $1,184.80.
• On Tuesday, March 17th, Nitin Agrawal sold 38,456 shares of CoreWeave stock. The stock was sold at an average price of $83.23, for a total value of $3,200,692.88.

CoreWeave Price Performance

Shares of CRWV opened at $100.55 on Monday. CoreWeave Inc. has a 52 week low of $63.80 and a 52 week high of $187.00. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The company has a market capitalization of $45.00 billion, a price-to-earnings ratio of -32.33 and a beta of 7.18. The stock’s 50-day moving average price is $107.85 and its 200-day moving average price is $92.54.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). The business had revenue of $2.08 billion during the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The company’s revenue for the quarter was up 111.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.60) earnings per share. On average, sell-side analysts predict that CoreWeave Inc. will post -4.57 EPS for the current year.

Hedge Funds Weigh In On CoreWeave

A number of hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC raised its holdings in shares of CoreWeave by 4.0% during the first quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after acquiring an additional 91 shares during the last quarter. Pathway Wealth Management LLC raised its holdings in shares of CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after acquiring an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV raised its holdings in shares of CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock valued at $389,000 after acquiring an additional 104 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after acquiring an additional 119 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CRWV. Mizuho upped their price target on CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Truist Financial upped their price target on CoreWeave from $85.00 to $131.00 and gave the stock a “hold” rating in a report on Friday, May 8th. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of CoreWeave in a report on Thursday. Citizens Jmp reaffirmed a “market outperform” rating and issued a $180.00 price target on shares of CoreWeave in a report on Friday, February 27th. Finally, Oppenheimer upped their price target on CoreWeave from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $131.52.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave said it will be added to the Nasdaq-100 on June 22, a development that typically boosts demand for a stock because index funds and ETFs that track the benchmark may need to buy shares. CoreWeave to Join Nasdaq-100 Index
• Positive Sentiment: Coverage around the addition highlighted that CoreWeave is one of the AI-linked companies benefiting from strong investor interest in Nvidia-backed names and the broader AI boom. These Nvidia-Backed Firms Are Set to Join the Nasdaq 100 Soon. Their Stocks Are Surging
• Neutral Sentiment: Recent articles also repeated bullish arguments that CoreWeave’s revenue could keep growing quickly and that enterprise AI adoption may support its backlog and bookings, reinforcing the long-term growth story. Wall Street Expects CoreWeave’s Revenue to Double in 2026 and 2027. Is the Stock a Buy?
• Neutral Sentiment: At the same time, the stock had recently been under pressure as investors booked profits and short interest rose, which helps explain some of the volatility around the move. Here’s why Nebius and CoreWeave stocks have lost momentum lately
• Negative Sentiment: CoreWeave has also been issuing significant debt to fund its AI buildout, including a $3.5 billion senior notes plan and recently priced $1.25 billion in dollar notes plus €2 billion in euro notes, which may worry some investors about leverage and financing costs. CoreWeave Announces Pricing of $1.25 Billion of Senior Notes and €2 Billion of Senior Notes
• Negative Sentiment: Recent insider sales by the CEO and another insider may also be creating some caution, even though the trades were made under pre-arranged Rule 10b5-1 plans. MarketBeat CRWV page

About CoreWeave

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.