Chen Goldberg Sells 14,168 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) EVP Chen Goldberg sold 14,168 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.34, for a total value of $1,421,617.12. Following the completion of the transaction, the executive vice president owned 64,909 shares of the company’s stock, valued at $6,512,969.06. This represents a 17.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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.

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

• On Tuesday, May 5th, Chen Goldberg sold 19,222 shares of CoreWeave stock. The shares were sold at an average price of $125.00, for a total value of $2,402,750.00.
• On Monday, April 27th, Chen Goldberg sold 4,879 shares of CoreWeave stock. The shares were sold at an average price of $109.00, for a total value of $531,811.00.
• On Wednesday, April 8th, Chen Goldberg sold 9,757 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total value of $897,644.00.
• On Tuesday, March 31st, Chen Goldberg sold 16 shares of CoreWeave stock. The shares were sold at an average price of $74.05, for a total value of $1,184.80.

CoreWeave Stock Down 1.9%

Shares of CRWV traded down $2.09 on Friday, hitting $105.49. The company’s stock had a trading volume of 19,860,247 shares, compared to its average volume of 29,885,526. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. The firm’s fifty day moving average price is $100.22 and its 200-day moving average price is $90.88. CoreWeave Inc. has a fifty-two week low of $63.80 and a fifty-two week high of $187.00. The firm has a market capitalization of $47.21 billion, a price-to-earnings ratio of -33.92 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The business had revenue of $1.57 billion during the quarter. CoreWeave’s revenue for the quarter was up 110.4% compared to the same quarter last year. On average, equities research analysts expect that CoreWeave Inc. will post -4.58 EPS for the current year.

Hedge Funds Weigh In On CoreWeave

A number of large investors have recently bought and sold shares of the company. AE Wealth Management LLC bought a new stake in shares of CoreWeave during the 3rd quarter worth approximately $4,241,000. Vanguard Group Inc. raised its stake in shares of CoreWeave by 275.6% during the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after purchasing an additional 20,487,478 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of CoreWeave by 6,022.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock worth $8,075,000 after purchasing an additional 110,926 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of CoreWeave by 67.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock worth $4,794,000 after purchasing an additional 26,907 shares in the last quarter. Finally, Hidden Lake Asset Management LP bought a new stake in shares of CoreWeave during the 3rd quarter worth approximately $14,814,000.

Analyst Upgrades and Downgrades

CRWV has been the subject of several research analyst reports. Wells Fargo & Company boosted their price objective on CoreWeave from $135.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Barclays upped their price target on CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Bank of America raised CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a research report on Tuesday, March 24th. Macquarie Infrastructure reaffirmed a “neutral” rating and set a $115.00 price target on shares of CoreWeave in a research report on Tuesday, January 27th. Finally, Mizuho upped their price target on CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.63.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave announced that CFO Nitin Agrawal will present at the Jefferies Software, Internet, and AI Conference on May 27, which keeps the company visible to investors and may reinforce the bullish AI growth narrative. CoreWeave to Participate in the Jefferies Software, Internet, and AI Conference
• Positive Sentiment: New coverage highlighted CoreWeave’s partnership with Pulumi, which ties its GPU cloud more tightly into AI developer workflows and could make the platform stickier for enterprise customers. CoreWeave Pulumi Deal Ties GPU Cloud To AI Developer Workflows
• Positive Sentiment: Several bullish articles continue to frame CoreWeave as a major beneficiary of AI infrastructure spending, citing strong revenue growth, a large backlog, and a new expanded AI infrastructure agreement with Meta. CoreWeave Scores Big With Meta — We See 66% Upside
• Neutral Sentiment: Market commentary comparing CoreWeave with Oracle and other AI infrastructure names may keep the stock in focus, but it does not add a clear new catalyst by itself. CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
• Negative Sentiment: Insider selling remains a headwind, with CEO Michael Intrator and insider Brian Venturo both selling shares this week, which can weigh on investor confidence despite the trades being under pre-arranged 10b5-1 plans. CoreWeave insider trading filing
• Negative Sentiment: Recent analyst and media commentary has also been cautious, pointing to CoreWeave’s leverage, losses, and valuation risk, which helps explain why the stock has faced selling pressure despite strong AI demand. As AI infrastructure heats up, stay on the sidelines with CoreWeave stock

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.