CoreWeave (NASDAQ:CRWV) Insider Sells $429,322.05 in Stock

CoreWeave Inc. (NASDAQ:CRWV) insider Jeff Baker sold 6,455 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $66.51, for a total value of $429,322.05. Following the sale, the insider directly owned 7,167 shares in the company, valued at $476,677.17. This trade represents a 47.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeff Baker also recently made the following trade(s):

• On Tuesday, June 30th, Jeff Baker sold 4 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total transaction of $382.76.
• On Wednesday, May 20th, Jeff Baker sold 1,320 shares of CoreWeave stock. The shares were sold at an average price of $99.82, for a total transaction of $131,762.40.
• On Thursday, May 14th, Jeff Baker sold 42,515 shares of CoreWeave stock. The stock was sold at an average price of $113.94, for a total transaction of $4,844,159.10.

CoreWeave Price Performance

CoreWeave stock opened at $71.77 on Friday. The company has a market cap of $32.12 billion, a price-to-earnings ratio of -23.08 and a beta of 7.17. The firm’s fifty day moving average is $93.58 and its 200 day moving average is $95.00. 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 52-week low of $60.55 and a 52-week high of $153.20.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) EPS for the quarter, missing the consensus estimate 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 business had revenue of $2.08 billion for the quarter. During the same period in the prior year, the business earned ($0.60) EPS. The firm’s revenue was up 111.6% compared to the same quarter last year. Sell-side analysts forecast that CoreWeave Inc. will post -5.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CRWV has been the subject of several recent research reports. BTIG Research began coverage on CoreWeave in a research report on Wednesday, July 22nd. They issued a “buy” rating for the company. Cantor Fitzgerald started coverage on CoreWeave in a research report on Wednesday, July 22nd. They set an “overweight” rating on the stock. BNP Paribas Exane assumed coverage on CoreWeave in a research note on Tuesday, June 2nd. They issued an “outperform” rating and a $192.00 price objective for the company. Weiss Ratings raised CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 24th. Finally, Raymond James Financial cut CoreWeave from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and an average price target of $136.25.

Hedge Funds Weigh In On CoreWeave

A number of large investors have recently made changes to their positions in the company. Sivia Capital Partners LLC bought a new stake in CoreWeave in the second quarter worth about $39,824,000. Quantbot Technologies LP bought a new position in shares of CoreWeave during the second quarter valued at approximately $311,000. Invesco Ltd. bought a new position in shares of CoreWeave during the second quarter valued at approximately $882,000. First Trust Advisors LP purchased a new stake in CoreWeave in the second quarter worth $20,260,000. Finally, Baird Financial Group Inc. purchased a new position in CoreWeave in the 2nd quarter worth about $455,000.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Leidos defense partnership expands addressable market: CoreWeave is collaborating with Leidos (NYSE: LDOS) to provide secure, sovereign AI-cloud infrastructure for U.S. defense, national security and intelligence agencies. The agreement could create additional demand for CoreWeave’s GPU capacity and strengthen its position in government AI workloads. Leidos and CoreWeave collaboration
• Positive Sentiment: Revenue expectations remain favorable: Oppenheimer expects second-quarter revenue near the high end of CoreWeave’s $2.45 billion-$2.60 billion guidance range. The outlook supports the company’s rapid AI-cloud expansion story ahead of its next earnings report. CoreWeave revenue outlook
• Neutral Sentiment: Large customer commitments offer visibility but add concentration risk: Meta Platforms (NASDAQ: META) could spend more than $62 billion with CoreWeave and Nebius, including agreements worth up to $35.2 billion for CoreWeave. However, Meta may eventually develop competing cloud services, creating a longer-term competitive risk. Meta spending and competition
• Negative Sentiment: Insider selling is weighing on sentiment: CEO Michael Intrator sold a combined 307,692 shares for roughly $20.5 million, while Jeff Baker sold 6,455 shares to cover tax withholding. The CEO’s sales were made under a pre-arranged Rule 10b5-1 plan, reducing their value as a direct signal, but the size and timing of the transactions have increased selling pressure. CoreWeave insider filing
• Negative Sentiment: Debt and profitability risks remain significant: Reports point to heavy GPU-related borrowing, high capital expenditures and negative earnings. Elevated credit-default-swap pricing has raised concerns about refinancing and a possible debt spiral, particularly given CoreWeave’s debt-to-equity ratio of 3.68 and weak liquidity ratios. CoreWeave credit concerns

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.