Andrew Feldman Sells 37,441 Shares of Cerebras Systems (NASDAQ:CBRS) Stock

Cerebras Systems Inc. (NASDAQ:CBRS) CEO Andrew Feldman sold 37,441 shares of Cerebras Systems stock in a transaction on Friday, September 4th. The shares were sold at an average price of $210.46, for a total value of $7,879,832.86. Following the completion of the sale, the chief executive officer owned 16,853 shares in the company, valued at $3,546,882.38. This represents a 68.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Cerebras Systems Price Performance

NASDAQ CBRS opened at $196.20 on Thursday. Cerebras Systems Inc. has a twelve month low of $160.81 and a twelve month high of $386.34. The business’s fifty day simple moving average is $202.42.

Cerebras Systems (NASDAQ:CBRS) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($2.98) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($2.77). The company had revenue of $209.87 million for the quarter. Cerebras Systems’s revenue was up 74.3% on a year-over-year basis. As a group, equities analysts expect that Cerebras Systems Inc. will post -0.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Barclays started coverage on shares of Cerebras Systems in a research note on Monday, June 8th. They issued an “overweight” rating and a $280.00 price target on the stock. Citigroup dropped their target price on shares of Cerebras Systems from $340.00 to $320.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Morgan Stanley upped their price target on Cerebras Systems from $273.00 to $279.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Mizuho lowered their price target on Cerebras Systems from $310.00 to $300.00 and set an “outperform” rating for the company in a research report on Thursday, August 13th. Finally, TD Cowen assumed coverage on Cerebras Systems in a research note on Monday, June 8th. They issued a “buy” rating and a $275.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $299.90.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Value Aligned Research Advisors LLC purchased a new stake in Cerebras Systems during the 2nd quarter worth approximately $241,934,000. Wellington Management Group LLP purchased a new position in Cerebras Systems in the 2nd quarter valued at approximately $194,853,000. Dragoneer Investment Group LLC acquired a new position in shares of Cerebras Systems in the second quarter worth $88,400,000. Montanova Capital LLC purchased a new stake in shares of Cerebras Systems during the second quarter worth $37,990,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of Cerebras Systems in the second quarter valued at $21,760,000.

Cerebras Systems News Summary

Here are the key news stories impacting Cerebras Systems this week:

• Positive Sentiment: Cerebras holds approximately $25.4 billion in remaining performance obligations, while cloud and services revenue reportedly surged 287% year over year to $127.7 million. More than 600 megawatts of secured capacity could support future inference growth, although data-center deployment is now a key execution requirement. Cerebras: The Inference Bottleneck Winner
• Positive Sentiment: Analyst sentiment remains favorable, with Needham maintaining a $300 price target and Wedbush assigning an outperform rating with a $290 target. The reported consensus rating is “Moderate Buy,” with an average target of $299.90. Cerebras Systems Insider Selling Report
• Neutral Sentiment: Broader AI and robotics developments—including cheaper inference, longer-running AI agents and more commercial deployment—provide a supportive industry backdrop for Cerebras, but the article does not identify a new company-specific contract or catalyst. AI and Robotics in 2026
• Negative Sentiment: CEO Andrew Feldman sold 37,441 shares for approximately $7.9 million, reducing his direct ownership by 68.96%. CTO Sean Lie sold 53,460 shares worth about $11.2 million, and Director Steven Vassallo sold 50,000 shares worth roughly $10.5 million. The cluster of sizable insider sales can weigh on sentiment, even though such transactions may reflect personal financial planning. Cerebras Insider Selling
• Negative Sentiment: Cerebras’ latest quarterly loss of $2.98 per share substantially exceeded the expected loss of $0.21, despite revenue increasing 74.3% year over year to $209.87 million. The earnings miss reinforces concerns about near-term profitability and execution.

Cerebras Systems Company Profile

Cerebras Systems develops specialized computing systems and software for artificial intelligence (AI) and machine-learning workloads. The company’s technology is designed to accelerate the training and deployment of large AI models by combining high-performance processors, memory, networking and software into integrated computing platforms.

Its principal products include the Wafer-Scale Engine (WSE), a processor built on a single semiconductor wafer, and the CS-3 AI supercomputer, which is based on the company’s wafer-scale architecture.