CoreWeave (NASDAQ:CRWV) Insider Brian Venturo Sells 76,912 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 76,912 shares of CoreWeave stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $86.99, for a total transaction of $6,690,574.88. Following the completion of the sale, the insider owned 283,985 shares in the company, valued at approximately $24,703,855.15. This trade represents a 21.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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.

CoreWeave Stock Down 4.6%

CRWV opened at $81.75 on Friday. CoreWeave Inc. has a twelve month low of $63.80 and a twelve month high of $166.22. 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 company has a 50-day moving average price of $108.29 and a 200 day moving average price of $94.80. The company has a market cap of $36.59 billion, a PE ratio of -26.29 and a beta of 7.17.

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

Analysts Set New Price Targets

Several research analysts recently commented on CRWV shares. Roth Mkm reissued a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a research note on Friday, May 8th. Wolfe Research assumed coverage on shares of CoreWeave in a research note on Thursday, April 16th. They set an “outperform” rating and a $150.00 target price on the stock. Citigroup upped their target price on shares of CoreWeave from $155.00 to $158.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Bank of America upgraded shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 target price for the company in a research report on Tuesday, March 24th. Finally, Wells Fargo & Company raised their price target on shares of CoreWeave from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.00.

Hedge Funds Weigh In On CoreWeave

Institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC raised its holdings in CoreWeave by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock valued at $181,000 after buying an additional 91 shares during the period. Pathway Wealth Management LLC boosted its stake in CoreWeave by 2.9% during the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock worth $278,000 after buying an additional 100 shares during the period. Azzad Asset Management Inc. ADV boosted its stake in CoreWeave by 2.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after buying an additional 104 shares during the period. Hazlett Burt & Watson Inc. increased its position in shares of CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after acquiring an additional 119 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised 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 period.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed a buy rating on CoreWeave, signaling that at least some analysts still see meaningful upside despite the selloff. Coreweave Sell-off Sparks Buying Opportunity, Analyst Says Meta Fears Are Overblown
• Positive Sentiment: Supportive commentary argued the Meta-driven selloff may be overdone because CoreWeave still has a massive AI backlog and continued demand for compute capacity. CoreWeave (CRWV) Stock May Still Look Cheap Following Record AI Backlog
• Neutral Sentiment: CoreWeave launched ARIA, an AI research agent in Weights & Biases designed to automate analysis and speed model iteration, which is a product-positive update but not a major near-term stock catalyst. CoreWeave Unveils ARIA to Accelerate AI Research and Agent Development
• Neutral Sentiment: CoreWeave expanded its Livingston headquarters, a sign of continued growth, but the news is not enough to offset the current investor concern around competition and valuation. CoreWeave Expands HQ with Additional 31,000 SF in Livingston
• Negative Sentiment: Meta’s reported plan to sell excess AI compute has intensified fears that large hyperscalers could compete directly with CoreWeave, driving concern over future pricing power and customer retention. Stock Market Today, July 1: CoreWeave Stock Tumbles as Meta Cloud Report Raises Customer Concerns
• Negative Sentiment: Multiple reports highlighted CoreWeave’s heavy debt load and recent insider selling, adding to worries that the stock’s valuation may be vulnerable if growth expectations cool. CoreWeave Just Slipped Under $50 Billion. Is the Debt Finally Catching Up?

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.