CoreWeave (NASDAQ:CRWV) COO Sachin Jain Sells 898 Shares

CoreWeave Inc. (NASDAQ:CRWV) COO Sachin Jain sold 898 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $110.00, for a total transaction of $98,780.00. Following the completion of the sale, the chief operating officer owned 131,427 shares in the company, valued at $14,456,970. This represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sachin Jain also recently made the following trade(s):

• On Wednesday, May 20th, Sachin Jain sold 6,377 shares of CoreWeave stock. The stock was sold at an average price of $99.82, for a total transaction of $636,552.14.
• On Friday, May 8th, Sachin Jain sold 14,750 shares of CoreWeave stock. The stock was sold at an average price of $118.61, for a total transaction of $1,749,497.50.
• On Wednesday, May 6th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $131.13, for a total value of $961,838.55.
• On Wednesday, April 15th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $120.00, for a total value of $474,360.00.
• On Friday, April 10th, Sachin Jain sold 7,335 shares of CoreWeave stock. The shares were sold at an average price of $105.00, for a total value of $770,175.00.
• On Wednesday, April 8th, Sachin Jain sold 3,953 shares of CoreWeave stock. The shares were sold at an average price of $92.00, for a total value of $363,676.00.

CoreWeave Price Performance

CRWV stock opened at $109.53 on Friday. CoreWeave Inc. has a 1 year low of $63.80 and a 1 year high of $187.00. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. The stock’s 50 day moving average price is $102.63 and its 200 day moving average price is $90.63. The firm has a market cap of $49.02 billion, a P/E ratio of -35.22 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company had revenue of $2.08 billion during the quarter. During the same quarter in the prior year, the firm posted ($0.60) earnings per share. The business’s quarterly revenue was up 111.6% compared to the same quarter last year. On average, sell-side analysts expect that CoreWeave Inc. will post -4.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CRWV. Roth Mkm restated a “buy” rating and issued a $150.00 target price on shares of CoreWeave in a report on Friday, May 8th. HC Wainwright restated a “buy” rating and issued a $180.00 target price on shares of CoreWeave in a report on Monday, March 2nd. Needham & Company LLC restated a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Barclays upped their target price on shares of CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. increased their price target on CoreWeave from $90.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Nineteen research 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.63.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. KERR FINANCIAL PLANNING Corp purchased a new position in shares of CoreWeave during the 3rd quarter worth about $27,000. Aspect Partners LLC purchased a new position in shares of CoreWeave during the 3rd quarter worth about $28,000. Rothschild Investment LLC lifted its holdings in shares of 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 acquiring an additional 214 shares during the period. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of CoreWeave during the 3rd quarter worth about $30,000. Finally, UMB Bank n.a. purchased a new position in shares of CoreWeave during the 3rd quarter worth about $34,000.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave launched new unified agentic AI capabilities that aim to connect training and inference in a closed loop, reinforcing its role as a key AI infrastructure provider and supporting the long-term growth story. CoreWeave’s Closed Loop Agentic AI Aims To Reshape Growth Expectations
• Positive Sentiment: Reports highlighted CoreWeave’s backlog approaching $100 billion, suggesting strong demand visibility and multi-year revenue potential as AI cloud spending remains robust. CoreWeave’s Backlog Hits Nearly $100B: Multi-Year Growth Secured?
• Positive Sentiment: Analysts remain constructive overall, with recent target increases and a favorable long-term outlook tied to explosive AI infrastructure demand. Here’s What Analysts Think About CoreWeave, Inc. (CRWV)
• Neutral Sentiment: CoreWeave also announced participation in the BofA Securities Global Technology Conference, which keeps management in front of investors but is not a fundamental catalyst by itself. CoreWeave to Participate in the BofA Securities Global Technology Conference
• Negative Sentiment: Heavy insider selling may be pressuring sentiment, including large share sales by Director Jack D. Cogen and additional sales by CEO Michael Intrator, CFO Nitin Agrawal, COO Sachin Jain, and Director Karen Boone. SEC filing for insider sale
• Negative Sentiment: Investors are still focused on CoreWeave’s sizable losses and capital intensity, which could limit enthusiasm despite strong revenue growth and major customer commitments. CoreWeave Lost $740 Million in 90 Days. Then Meta Handed It $21 Billion.

About CoreWeave

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.