Sachin Jain Sells 13,608 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 13,608 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $92.09, for a total transaction of $1,253,160.72. Following the completion of the transaction, the chief operating officer owned 147,785 shares in the company, valued at approximately $13,609,520.65. The trade was a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sachin Jain also recently made the following trade(s):

• On Tuesday, June 30th, Sachin Jain sold 3 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total transaction of $287.07.
• On Monday, June 1st, Sachin Jain sold 3,798 shares of CoreWeave stock. The stock was sold at an average price of $120.00, for a total transaction of $455,760.00.
• On Thursday, May 28th, Sachin Jain sold 898 shares of CoreWeave stock. The stock was sold at an average price of $110.00, for a total transaction of $98,780.00.
• On Wednesday, May 20th, Sachin Jain sold 6,377 shares of CoreWeave stock. The shares were sold at an average price of $99.82, for a total value of $636,552.14.

CoreWeave Stock Up 19.3%

Shares of CoreWeave stock opened at $107.73 on Thursday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The business’s 50 day simple moving average is $90.43 and its 200-day simple moving average is $94.85. The stock has a market capitalization of $48.22 billion, a price-to-earnings ratio of -29.52 and a beta of 7.44. CoreWeave Inc. has a twelve month low of $60.55 and a twelve month high of $153.20.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. The business had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 51.06% and a negative net margin of 25.41%.The company’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.27) EPS. Equities research analysts forecast that CoreWeave Inc. will post -4.95 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Two Seas Capital LP bought a new stake in CoreWeave during the second quarter worth approximately $15,243,000. Kirtland Hills Capital Management LLC bought a new position in CoreWeave during the second quarter valued at about $309,000. Compass Financial Management LLC acquired a new position in CoreWeave during the second quarter worth about $3,133,000. Elevation Point Wealth Partners LLC raised its position in CoreWeave by 5.5% in the second quarter. Elevation Point Wealth Partners LLC now owns 9,041 shares of the company’s stock worth $900,000 after acquiring an additional 469 shares in the last quarter. Finally, Daiichi Life Insurance Co. Ltd. bought a new stake in CoreWeave in the second quarter worth about $938,000.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Revenue and earnings beat expectations: CoreWeave reported second-quarter revenue of approximately $2.58 billion, up 112.5% year over year and slightly ahead of consensus. Its adjusted loss of $1.14 per share was narrower than analysts expected. CoreWeave stock pops as revenue doubles
• Positive Sentiment: Backlog and AI demand strengthened: The company’s contracted backlog grew to roughly $104 billion, with demand supported by customers including Anthropic and Meta. CEO Mike Intrator also said older NVIDIA GPUs are being contracted through 2029 at full pricing, easing concerns about rapid equipment depreciation. CoreWeave CEO on NVIDIA GPU demand
• Positive Sentiment: Guidance and analyst sentiment improved: Third-quarter revenue guidance of $3.5 billion to $3.6 billion exceeded the roughly $3.4 billion consensus estimate. Rosenblatt reaffirmed its Buy rating with a $250 target, while Baird and Cantor Fitzgerald raised their targets to $130 and $176, respectively.
• Positive Sentiment: Industry read-through was favorable: CoreWeave’s results, along with upbeat commentary from Super Micro Computer and optical-component suppliers, reassured investors that AI data-center spending remains strong. CoreWeave and Super Micro climb
• Neutral Sentiment: Analyst views remain mixed: JPMorgan raised its target to $110 but retained a Neutral rating, while other analysts highlighted execution and financing risks. Jim Cramer described the AI data-center trade as regaining leadership, adding to positive market momentum.
• Negative Sentiment: Debt and profitability remain major risks: CoreWeave continues to report losses and negative margins, while projected 2026 capital expenditures of $35 billion to $39 billion will require substantial financing. Its debt-to-equity ratio is 3.68, raising concerns about cash burn and the ability to build capacity fast enough to fulfill its backlog.
• Negative Sentiment: Insiders sold shares: COO Sachin Jain sold $1.25 million of stock to cover tax withholding tied to equity vesting. Brannin Mcbee sold 197,000 shares worth approximately $17.7 million under a pre-arranged Rule 10b5-1 plan. These sales may weigh modestly on sentiment, though they were planned or tax-related. SEC insider filing

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CRWV. TD Cowen upgraded shares of CoreWeave to a “buy” rating in a research report on Wednesday, July 22nd. DA Davidson reiterated a “neutral” rating and set a $100.00 price objective (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Robert W. Baird increased their price objective on CoreWeave from $100.00 to $130.00 and gave the stock an “outperform” rating in a report on Wednesday. Roth Capital reissued a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $150.00 price target on shares of CoreWeave in a research report on Friday, August 7th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and a consensus target price of $139.76.

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.