CoreWeave (NASDAQ:CRWV) CFO Sells 22,579 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 22,579 shares of the stock in a transaction on Monday, October 12th. The stock was sold at an average price of $80.13, for a total value of $1,809,255.27. Following the sale, the chief financial officer owned 110,017 shares of the company’s stock, valued at approximately $8,815,662.21. This represents a 17.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, October 6th, Nitin Agrawal sold 3 shares of CoreWeave stock. The stock was sold at an average price of $88.60, for a total value of $265.80.
• On Wednesday, September 30th, Nitin Agrawal sold 5 shares of CoreWeave stock. The shares were sold at an average price of $87.69, for a total value of $438.45.
• On Tuesday, September 22nd, Nitin Agrawal sold 55,764 shares of CoreWeave stock. The shares were sold at an average price of $86.83, for a total transaction of $4,841,988.12.
• On Monday, September 14th, Nitin Agrawal sold 66,576 shares of CoreWeave stock. The shares were sold at an average price of $83.70, for a total transaction of $5,572,411.20.
• On Tuesday, August 25th, Nitin Agrawal sold 5,509 shares of CoreWeave stock. The stock was sold at an average price of $88.64, for a total transaction of $488,317.76.
• On Thursday, August 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total transaction of $924,496.56.

CoreWeave Price Performance

Shares of CRWV traded down $12.03 during mid-day trading on Wednesday, hitting $65.78. 108,302,396 shares of the company’s stock were exchanged, compared to its average volume of 30,908,486. The firm has a fifty day moving average of $87.91 and a two-hundred day moving average of $94.69. CoreWeave Inc. has a twelve month low of $60.55 and a twelve month high of $150.40. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46.

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 the consensus estimate of ($1.52) by $0.38. The business had revenue of $2.58 billion during the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The firm’s revenue for the quarter was up 112.5% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.27) EPS. On average, research analysts predict that CoreWeave Inc. will post -5.19 EPS for the current year.

Institutional Investors Weigh In On CoreWeave

A number of institutional investors have recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. increased its position in shares of CoreWeave by 55.7% during the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock valued at $1,084,117,000 after purchasing an additional 3,897,741 shares during the period. State Street Corp boosted its position in shares of CoreWeave by 139.7% during the 2nd quarter. State Street Corp now owns 7,058,846 shares of the company’s stock valued at $702,638,000 after acquiring an additional 4,113,873 shares in the last quarter. Bank of America Corp DE increased its stake in CoreWeave by 13.1% in the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock valued at $437,870,000 after acquiring an additional 653,398 shares during the period. Amundi raised its position in CoreWeave by 266.2% in the first quarter. Amundi now owns 3,284,121 shares of the company’s stock worth $254,421,000 after purchasing an additional 2,387,337 shares in the last quarter. Finally, Altimeter Capital Management LP acquired a new position in CoreWeave in the fourth quarter worth about $230,099,000.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave’s CEO sought to reassure employees and investors by highlighting a strong backlog, reportedly valued at approximately $104 billion. Analysts note that demand for AI computing remains robust, although converting that backlog into revenue depends on the company’s ability to build data-center capacity. CoreWeave CEO notes strong backlog in memo to reassure staff over market scrutiny
• Positive Sentiment: Some bullish commentary argues that CoreWeave’s backlog and rapid growth could support substantial long-term upside, while a recent convertible-bond offering may reduce interest costs. However, potential dilution and execution risks remain. CoreWeave: Asymmetric Risk-Reward as $104 Billion Backlog Underpins Growth
• Neutral Sentiment: Investor attention also turned to OpenAI’s reported $50 billion revenue run rate, which could signal continued demand for CoreWeave’s AI infrastructure but also highlights the company’s exposure to a concentrated customer and industry ecosystem. What Does OpenAI’s $50 Billion Run Rate Mean for CoreWeave Stock?
• Negative Sentiment: Yields on CoreWeave’s bonds approached 15%, signaling that creditors view the highly leveraged AI infrastructure model as increasingly risky. The company’s debt-to-equity ratio is already elevated, and higher borrowing costs could delay profitability or require additional capital. CoreWeave shares tumble as bond yields near 15% on concern about AI borrowing binge
• Negative Sentiment: Gartner warned that as many as 80% of neocloud companies could disappear by 2030, intensifying concerns about competition, customer concentration and the long-term viability of specialized AI cloud providers. Stock Market Today, Oct. 14: CoreWeave Plummets on Gartner Neocloud Warning and Bond Yield Surge
• Negative Sentiment: Bearish commentary, including a warning that CoreWeave’s equity could be wiped out if AI spending weakens, further damaged sentiment. Traders also bought “bubble puts,” reflecting expectations for additional downside, while Elon Musk’s “Yikes” response drew attention to the bond-market stress. CoreWeave Stock Could Go to Zero if AI Boom Falters

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CRWV shares. Mizuho lifted their price target on shares of CoreWeave from $100.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. William Blair initiated coverage on shares of CoreWeave in a report on Wednesday, September 30th. They set an “outperform” rating for the company. JPMorgan Chase & Co. upgraded shares of CoreWeave from a “neutral” rating to an “overweight” rating and raised their target price for the company from $120.00 to $125.00 in a research note on Thursday, September 24th. UBS Group began coverage on CoreWeave in a research report on Tuesday, September 22nd. They issued a “buy” rating and a $120.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a report on Friday, August 7th. Twenty-three analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $140.64.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.