CoreWeave (NASDAQ:CRWV) SVP Chen Goldberg Sells 19,180 Shares

CoreWeave Inc. (NASDAQ:CRWV) SVP Chen Goldberg sold 19,180 shares of CoreWeave stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $118.30, for a total transaction of $2,268,994.00. Following the transaction, the senior vice president owned 37,084 shares of the company’s stock, valued at approximately $4,387,037.20. The trade was a 34.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Chen Goldberg also recently made the following trade(s):

• On Tuesday, September 2nd, Chen Goldberg sold 56,294 shares of CoreWeave stock. The shares were sold at an average price of $93.17, for a total transaction of $5,244,911.98.

CoreWeave Price Performance

Shares of CRWV traded down $2.92 during mid-day trading on Friday, reaching $104.01. 24,849,071 shares of the company’s stock were exchanged, compared to its average volume of 22,964,787. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79. CoreWeave Inc. has a 52-week low of $33.51 and a 52-week high of $187.00. The company has a market cap of $50.82 billion and a price-to-earnings ratio of -91.24. The company has a 50-day simple moving average of $123.35 and a two-hundred day simple moving average of $116.49.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Tuesday, August 12th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The business had revenue of $1.21 million during the quarter. The company’s revenue for the quarter was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Hedge Funds Weigh In On CoreWeave

Large investors have recently bought and sold shares of the stock. NewEdge Wealth LLC lifted its position in CoreWeave by 178.4% during the third quarter. NewEdge Wealth LLC now owns 8,619 shares of the company’s stock valued at $1,180,000 after buying an additional 5,523 shares in the last quarter. Fortis Group Advisors LLC purchased a new position in shares of CoreWeave in the 3rd quarter valued at $243,000. Zweig DiMenna Associates LLC acquired a new position in shares of CoreWeave during the 3rd quarter valued at $17,414,000. Wealthcare Advisory Partners LLC boosted its position in CoreWeave by 56.8% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 2,384 shares of the company’s stock worth $326,000 after purchasing an additional 864 shares during the period. Finally, Rothschild Investment LLC boosted its position in CoreWeave by 10,700.0% during the 3rd quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock worth $30,000 after purchasing an additional 214 shares during the period.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JMP Securities upgraded CoreWeave from a “market perform” rating to a “market outperform” rating and set a $180.00 price objective for the company in a research report on Tuesday, September 16th. HSBC initiated coverage on shares of CoreWeave in a report on Wednesday, July 16th. They set a “reduce” rating and a $32.00 price target for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of CoreWeave in a research report on Tuesday, October 14th. Arete Research upgraded shares of CoreWeave from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 21st. Finally, Seaport Res Ptn raised shares of CoreWeave to a “hold” rating in a research note on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $129.71.

CoreWeave Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.