CoreWeave (NASDAQ:CRWV) CEO Michael Intrator Sells 61,797 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWVGet Free Report) CEO Michael Intrator sold 61,797 shares of the business’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $86.94, for a total value of $5,372,631.18. Following the sale, the chief executive officer directly owned 2,876,815 shares in the company, valued at $250,110,296.10. This trade represents a 2.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CoreWeave Price Performance

CRWV stock opened at $89.70 on Friday. CoreWeave Inc. has a one year low of $63.80 and a one year high of $153.50. The firm has a 50-day moving average of $105.57 and a two-hundred day moving average of $95.32. The firm has a market capitalization of $40.15 billion, a PE ratio of -28.84 and a beta of 7.17. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC lifted its position in CoreWeave by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 2,340 shares of the company’s stock worth $181,000 after acquiring an additional 91 shares during the last quarter. Pathway Wealth Management LLC grew its position in shares of CoreWeave by 2.9% in the first quarter. Pathway Wealth Management LLC now owns 3,593 shares of the company’s stock valued at $278,000 after purchasing an additional 100 shares during the last quarter. Azzad Asset Management Inc. ADV increased its stake in shares of CoreWeave by 2.1% in the first quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after purchasing an additional 104 shares during the period. Hazlett Burt & Watson Inc. increased its stake in shares of CoreWeave by 34.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock worth $33,000 after purchasing an additional 119 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its position in shares of CoreWeave by 45.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after purchasing an additional 121 shares during the last quarter.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

  • Positive Sentiment: CoreWeave was named a Visionary in Gartner’s 2026 Magic Quadrant for Cloud AI Infrastructure, which helps validate its position in the AI cloud market and may support investor confidence. Article Title
  • Positive Sentiment: Analyst and media coverage highlighted CoreWeave’s AI-demand tailwind, noting more than 3.5 GW of contracted power and a record backlog that could support future growth. Article Title
  • Positive Sentiment: Reports also said CoreWeave secured additional power for its Helios data center and has signed more than $40 billion in new commitments, implying a very large revenue backlog and continued buildout momentum. Article Title
  • Neutral Sentiment: Jim Cramer said CoreWeave is one of the stronger players in the neocloud space, which adds a small credibility boost but is not a fundamental catalyst by itself. Article Title
  • Neutral Sentiment: Several insider sales were disclosed, including a larger sale by Brannin McBee, though the trades were made under a pre-arranged 10b5-1 plan and may not signal a change in business outlook. Article Title
  • Negative Sentiment: Market commentary noted CoreWeave has lagged other AI infrastructure names over the past year, suggesting investors are still questioning whether CRWV can keep up with peers in the fast-growing neocloud trade. Article Title
  • Negative Sentiment: Articles discussing Meta’s move into cloud infrastructure added to concerns that larger competitors could intensify competition in the AI cloud market and pressure CoreWeave’s growth narrative. Article Title

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Rosenblatt Securities restated a “buy” rating and set a $250.00 price target on shares of CoreWeave in a report on Thursday, July 2nd. Roth Capital reissued a “buy” rating and set a $150.00 target price on shares of CoreWeave in a research report on Friday, May 8th. Cantor Fitzgerald restated an “overweight” rating and set a $167.00 target price on shares of CoreWeave in a report on Thursday, June 11th. DA Davidson restated a “neutral” rating and set a $100.00 target price (down from $175.00) on shares of CoreWeave in a report on Monday, May 18th. Finally, Weiss Ratings raised CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 24th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $136.73.

Get Our Latest Stock Report on CoreWeave

About CoreWeave

(Get Free Report)

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.

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