CoreWeave (NASDAQ:CRWV) CRO Jonathan Jones Sells 21,569 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) CRO Jonathan Jones sold 21,569 shares of the stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $77.42, for a total value of $1,669,871.98. Following the completion of the transaction, the executive owned 5,392 shares in the company, valued at $417,448.64. The trade was a 80.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jonathan Jones also recently made the following trade(s):

• On Monday, October 12th, Jonathan Jones sold 15,811 shares of CoreWeave stock. The shares were sold at an average price of $80.36, for a total transaction of $1,270,571.96.

CoreWeave Price Performance

Shares of CRWV stock opened at $65.78 on Thursday. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $150.40. The stock has a market cap of $30.18 billion, a PE ratio of -18.02 and a beta of 7.36. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. The firm’s 50 day moving average price is $87.91 and its two-hundred day moving average price is $94.69.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.52) by $0.38. The company had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%. CoreWeave’s quarterly revenue was up 112.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.27) earnings per share. As a group, analysts forecast that CoreWeave Inc. will post -5.19 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CRWV shares. BTIG Research assumed coverage on CoreWeave in a report on Wednesday, July 22nd. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $150.00 target price on shares of CoreWeave in a research note on Friday, August 7th. Barclays raised their target price on shares of CoreWeave from $90.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Northland Securities set a $200.00 target price on shares of CoreWeave in a report on Wednesday, October 7th. Finally, Raymond James Financial lowered shares of CoreWeave from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Twenty-three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $140.64.

Institutional Inflows and Outflows

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

CoreWeave News Roundup

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

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.