CoreWeave (NASDAQ:CRWV) Insider Brian Venturo Sells 76,924 Shares

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 76,924 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $136.70, for a total transaction of $10,515,510.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Stock Down 11.4%

NASDAQ:CRWV traded down $14.69 during midday trading on Friday, reaching $114.15. 48,299,949 shares of the stock traded hands, compared to its average volume of 28,172,629. The business has a 50-day moving average of $94.19 and a two-hundred day moving average of $92.34. The stock has a market capitalization of $50.56 billion, a PE ratio of -35.67 and a beta of 7.84. CoreWeave Inc. has a 12-month low of $50.18 and a 12-month high of $187.00. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.CoreWeave’s revenue was up 110.4% on a year-over-year basis. On average, equities analysts forecast that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CRWV. The Goldman Sachs Group assumed coverage on CoreWeave in a research note on Monday, January 12th. They issued a “neutral” rating and a $86.00 price objective for the company. DA Davidson increased their price target on shares of CoreWeave from $125.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Mizuho raised their price target on shares of CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday. Sanford C. Bernstein lifted their price objective on shares of CoreWeave from $56.00 to $67.00 and gave the company an “underperform” rating in a research note on Tuesday, April 14th. Finally, Evercore reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of CoreWeave in a report on Wednesday, April 15th. Twenty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $131.09.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave said bookings hit the strongest level in company history and backlog remains very large, reinforcing that demand for AI infrastructure is still extremely strong. CoreWeave Reports ‘Strongest’ Bookings
• Positive Sentiment: Analysts and commentators remain constructive on the long-term AI growth story, with some saying the pullback may create an attractive entry point despite near-term volatility. Seeking Alpha rating upgrade
• Neutral Sentiment: The company also highlighted product momentum, including expanded SUNK capabilities and SUNK Anywhere, which could support customer adoption over time. CoreWeave expands SUNK capabilities
• Neutral Sentiment: JPMorgan and Mizuho raised price targets but kept neutral ratings, suggesting Wall Street sees value but is still cautious on the stock’s near-term execution risk. Analyst target updates
• Negative Sentiment: CoreWeave reported a larger quarterly loss than expected as operating expenses climbed, fueling concerns that profitability remains distant even with rapid revenue growth. WSJ on widened Q1 loss
• Negative Sentiment: Second-quarter revenue guidance came in below consensus, and the company also lifted its capital spending outlook, creating concern about slower conversion of demand into revenue and continued heavy investment. CoreWeave forecast miss and higher capex
• Negative Sentiment: Recent insider and major shareholder selling, including sales by CEO Michael Intrator, Brian Venturo, Chen Goldberg, and Magnetar Financial, is adding short-term pressure on sentiment. CEO Form 4 filing

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CRWV. Sivia Capital Partners LLC acquired a new position in CoreWeave in the second quarter valued at approximately $39,824,000. Quantbot Technologies LP acquired a new position in CoreWeave in the second quarter valued at approximately $311,000. Invesco Ltd. acquired a new position in CoreWeave in the second quarter valued at approximately $882,000. First Trust Advisors LP acquired a new stake in CoreWeave during the second quarter valued at $20,260,000. Finally, Baird Financial Group Inc. acquired a new stake in CoreWeave during the second quarter valued at $455,000.

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.