CoreWeave (NASDAQ:CRWV) Insider Brannin Mcbee Sells 3,683 Shares

CoreWeave Inc. (NASDAQ:CRWV) insider Brannin Mcbee sold 3,683 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $99.82, for a total transaction of $367,637.06. Following the completion of the sale, the insider owned 318,086 shares in the company, valued at $31,751,344.52. This represents a 1.14% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brannin Mcbee also recently made the following trade(s):

• On Monday, April 27th, Brannin Mcbee sold 87,500 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $9,540,125.00.
• On Monday, April 27th, Brannin Mcbee sold 200,000 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $21,806,000.00.
• On Monday, April 27th, Brannin Mcbee sold 45,850 shares of CoreWeave stock. The shares were sold at an average price of $109.03, for a total transaction of $4,999,025.50.
• On Monday, April 20th, Brannin Mcbee sold 87,500 shares of CoreWeave stock. The shares were sold at an average price of $115.94, for a total transaction of $10,144,750.00.
• On Monday, April 20th, Brannin Mcbee sold 200,000 shares of CoreWeave stock. The shares were sold at an average price of $115.93, for a total transaction of $23,186,000.00.
• On Monday, April 20th, Brannin Mcbee sold 45,830 shares of CoreWeave stock. The shares were sold at an average price of $115.94, for a total transaction of $5,313,530.20.
• On Monday, April 13th, Brannin Mcbee sold 100,000 shares of CoreWeave stock. The stock was sold at an average price of $110.81, for a total transaction of $11,081,000.00.
• On Monday, April 13th, Brannin Mcbee sold 43,750 shares of CoreWeave stock. The stock was sold at an average price of $110.82, for a total transaction of $4,848,375.00.
• On Monday, April 13th, Brannin Mcbee sold 22,915 shares of CoreWeave stock. The stock was sold at an average price of $110.82, for a total transaction of $2,539,440.30.
• On Monday, April 6th, Brannin Mcbee sold 66,665 shares of CoreWeave stock. The stock was sold at an average price of $81.25, for a total transaction of $5,416,531.25.

CoreWeave Stock Down 1.9%

Shares of NASDAQ CRWV opened at $105.49 on Friday. The firm’s 50-day simple moving average is $100.22 and its 200 day simple moving average is $90.88. The company has a market cap of $47.21 billion, a price-to-earnings ratio of -33.92 and a beta of 7.84. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 3.68. CoreWeave Inc. has a 12-month low of $63.80 and a 12-month high of $187.00.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings results 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). The company had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 43.07% and a negative net margin of 25.57%.The business’s quarterly revenue was up 110.4% on a year-over-year basis. On average, research analysts expect that CoreWeave Inc. will post -4.58 earnings per share for the current fiscal year.

Key Headlines Impacting CoreWeave

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CRWV shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of CoreWeave in a research report on Monday, May 4th. Sanford C. Bernstein upped their price target on shares of CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a research report on Tuesday, April 14th. Macquarie Infrastructure reissued a “neutral” rating and set a $115.00 price objective on shares of CoreWeave in a report on Tuesday, January 27th. Wells Fargo & Company boosted their price objective on CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Finally, Roth Mkm reissued a “buy” rating and set a $150.00 price objective on shares of CoreWeave in a report on Friday, May 8th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $129.63.

Institutional Trading of CoreWeave

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC raised its holdings in CoreWeave by 272.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after purchasing an additional 251 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in shares of CoreWeave in the 3rd quarter valued at about $27,000. Aspect Partners LLC bought a new stake in shares of CoreWeave in the 3rd quarter valued at about $28,000. Cullen Frost Bankers Inc. increased its stake in shares of CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after acquiring an additional 121 shares during the last quarter. Finally, Greenline Wealth Management LLC bought a new stake in shares of CoreWeave in the 4th quarter valued at about $28,000.

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.