CoreWeave (NASDAQ:CRWV) Insider Sells $9,146,287.92 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Brian Venturo sold 65,593 shares of the firm’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $139.44, for a total value of $9,146,287.92. Following the sale, the insider directly owned 301,509 shares in the company, valued at approximately $42,042,414.96. This trade represents a 17.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

CoreWeave Stock Down 2.3%

CRWV stock opened at $134.79 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.79. CoreWeave Inc. has a 52-week low of $33.51 and a 52-week high of $187.00. The company’s fifty day simple moving average is $111.91.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings results on Tuesday, August 12th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The business had revenue of $1.21 million during the quarter. CoreWeave’s quarterly revenue was up 206.7% on a year-over-year basis. CoreWeave has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Hedge Funds Weigh In On CoreWeave

Large investors have recently added to or reduced their stakes in the business. Vigilare Wealth Management bought a new position in CoreWeave during the 3rd quarter worth approximately $416,000. Corient Private Wealth LLC purchased a new stake in CoreWeave in the 2nd quarter worth approximately $460,000. Centaurus Financial Inc. bought a new stake in shares of CoreWeave in the 2nd quarter worth approximately $138,000. Squarepoint Ops LLC purchased a new position in shares of CoreWeave during the second quarter valued at approximately $629,000. Finally, Munro Partners bought a new stake in CoreWeave in the second quarter valued at $1,871,000.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Stifel Nicolaus raised their target price on CoreWeave from $115.00 to $120.00 and gave the company a “hold” rating in a research note on Wednesday, August 13th. Moffett Nathanson upped their target price on shares of CoreWeave from $56.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, August 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $116.00 target price on shares of CoreWeave in a research report on Tuesday, September 16th. Northland Securities upped their price objective on shares of CoreWeave from $85.00 to $165.00 and gave the stock an “outperform” rating in a research report on Friday, July 18th. Finally, Melius upgraded CoreWeave from a “hold” rating to a “buy” rating and set a $165.00 price target on the stock in a report on Tuesday, September 23rd. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.64.

About CoreWeave

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.