CoreWeave (NASDAQ:CRWV) CFO Nitin Agrawal Sells 66,576 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 66,576 shares of CoreWeave stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $83.70, for a total value of $5,572,411.20. Following the completion of the sale, the chief financial officer owned 188,360 shares in the company, valued at approximately $15,765,732. The trade was a 26.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nitin Agrawal also recently made the following trade(s):

• On Tuesday, August 25th, Nitin Agrawal sold 5,509 shares of CoreWeave stock. The stock was sold at an average price of $88.64, for a total value of $488,317.76.
• On Thursday, August 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The shares were sold at an average price of $91.88, for a total value of $924,496.56.
• On Wednesday, July 8th, Nitin Agrawal sold 3 shares of CoreWeave stock. The shares were sold at an average price of $82.98, for a total value of $248.94.
• On Tuesday, June 30th, Nitin Agrawal sold 4 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total value of $382.76.

CoreWeave Price Performance

Shares of NASDAQ:CRWV traded down $2.06 during trading on Tuesday, reaching $80.92. The stock had a trading volume of 15,579,534 shares, compared to its average volume of 28,088,213. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46. The business has a fifty day moving average price of $85.62 and a 200-day moving average price of $94.26. The stock has a market cap of $37.13 billion, a PE ratio of -22.17 and a beta of 7.45. CoreWeave Inc. has a 1-year low of $60.55 and a 1-year high of $153.20.

CoreWeave (NASDAQ:CRWV) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. The firm had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The firm’s revenue for the quarter was up 112.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.27) earnings per share. On average, equities analysts forecast that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave’s expanding margins, improved contract economics and increasing contribution from higher-margin services suggest continued operating leverage through 2026. Will CoreWeave’s Margins Continue Expanding Through 2026?
• Positive Sentiment: Despite a substantial retreat from its highs, one analyst remains highly bullish, arguing that record revenue growth and the AI infrastructure buildout could support significant upside for CRWV. CoreWeave Imploded Over The Last Few Months
• Neutral Sentiment: A broader selloff in AI infrastructure stocks is adding volatility, with investors also reacting to weakness in major technology companies and uncertainty surrounding the economic and political backdrop. Oracle Slides as Layoff Costs Rise
• Neutral Sentiment: Weakness in crypto-related stocks after the U.S. Senate failed to advance cryptocurrency legislation reflects broader risk aversion, although the development is not a direct change to CoreWeave’s operating outlook. Bitcoin and Crypto Stocks Remain Down
• Negative Sentiment: Bernstein maintained its sell view, warning that CoreWeave may be particularly vulnerable if Anthropic, OpenAI and other leading AI developers slow the pace of model training. Because large training workloads are an important demand driver, any reduction in infrastructure spending could pressure growth expectations. Bernstein Sticks to Its Sell Rating for CoreWeave
• Negative Sentiment: Investors remain concerned about CoreWeave’s heavy debt burden and exposure to a concentrated group of AI customers, making the stock especially sensitive to an AI spending slowdown and broader market weakness. CoreWeave Stock Drops as Debt Concerns Hit AI Infrastructure

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on CRWV shares. The Goldman Sachs Group increased their target price on shares of CoreWeave from $121.00 to $139.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Barclays boosted their price target on shares of CoreWeave from $90.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. UBS Group reaffirmed an “underperform” rating on shares of CoreWeave in a research note on Wednesday, August 12th. Weiss Ratings upgraded shares of CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 24th. Finally, Wolfe Research reissued an “outperform” rating on shares of CoreWeave in a research note on Monday, July 6th. Twenty-one analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $142.31.

Institutional Trading of CoreWeave

A number of hedge funds and other institutional investors have recently modified their holdings of CRWV. Legal & General Group Plc grew its holdings in shares of CoreWeave by 8,455.6% in the fourth quarter. Legal & General Group Plc now owns 611,301 shares of the company’s stock valued at $43,775,000 after purchasing an additional 604,156 shares during the period. Public Employees Retirement System of Ohio purchased a new position in CoreWeave during the second quarter worth about $15,543,000. California State Teachers Retirement System raised its stake in CoreWeave by 25.5% during the first quarter. California State Teachers Retirement System now owns 320,011 shares of the company’s stock worth $24,791,000 after purchasing an additional 64,960 shares during the period. Bank of New York Mellon Corp boosted its holdings in CoreWeave by 12.6% in the 1st quarter. Bank of New York Mellon Corp now owns 353,702 shares of the company’s stock valued at $27,401,000 after purchasing an additional 39,599 shares during the last quarter. Finally, Ardmore Road Asset Management LP boosted its holdings in CoreWeave by 3,410.0% in the 1st quarter. Ardmore Road Asset Management LP now owns 351,000 shares of the company’s stock valued at $27,192,000 after purchasing an additional 341,000 shares during the last quarter.

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.