CoreWeave (NASDAQ:CRWV) COO Sachin Jain Sells 3,953 Shares
by Jessica Moore · The Cerbat GemCoreWeave Inc. (NASDAQ:CRWV – Get Free Report) COO Sachin Jain sold 3,953 shares of CoreWeave stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $92.00, for a total value of $363,676.00. Following the sale, the chief operating officer directly owned 122,691 shares of the company’s stock, valued at $11,287,572. This trade represents a 3.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 Stock Up 10.9%
CoreWeave stock traded up $10.00 during mid-day trading on Friday, hitting $102.00. The company had a trading volume of 83,200,041 shares, compared to its average volume of 22,570,712. The stock has a market cap of $42.74 billion and a price-to-earnings ratio of -31.87. CoreWeave Inc. has a 1 year low of $33.51 and a 1 year high of $187.00. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. The business has a fifty day moving average of $85.40 and a 200 day moving average of $94.92.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The company had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The business’s revenue for the quarter was up 110.4% compared to the same quarter last year.
Analysts Set New Price Targets
A number of research firms recently issued reports on CRWV. Wells Fargo & Company dropped their price target on CoreWeave from $150.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft upgraded shares of CoreWeave from a “hold” rating to a “buy” rating and upped their price target for the company from $100.00 to $140.00 in a research report on Tuesday, January 27th. Barclays reduced their price target on shares of CoreWeave from $120.00 to $90.00 and set an “equal weight” rating for the company in a research report on Monday, January 12th. Citigroup reduced their price target on shares of CoreWeave from $135.00 to $126.00 and set a “buy” rating for the company in a research report on Wednesday, March 4th. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $180.00 price target on shares of CoreWeave in a research report on Friday, February 27th. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $121.65.
View Our Latest Analysis on CRWV
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Multiyear Anthropic agreement — CoreWeave signed a deal to provide cloud capacity to run Anthropic’s Claude models, a high‑profile customer win that directly supports revenue visibility and was cited as the immediate catalyst for today’s upside. CoreWeave Rockets 12% on Anthropic Deal
- Positive Sentiment: $21B expansion with Meta — CoreWeave expanded its long‑term AI cloud agreement with Meta (new commitment through 2032, ~$21B), materially increasing backlog and long‑dated revenue visibility for AI infrastructure demand. Analysts and investors see this as de‑risking future growth. CoreWeave Inks $21B AI Infrastructure Deal With Meta Platforms
- Positive Sentiment: Heavy bullish flow — unusual options activity (large call purchases) and reports of institutional buying (e.g., Ark) point to speculative and thematic investor interest in CoreWeave as an AI‑infra play, amplifying intraday momentum. (Options flow reported April 9; institutional buying noted April 8.)
- Neutral Sentiment: Cantor Fitzgerald coverage / mixed analyst views — new coverage and price‑target updates (including an Overweight from Cantor) keep the stock in focus, but other analysts remain cautious or neutral, making near‑term direction sensitive to headlines. Coverage Initiated by Cantor Fitzgerald
- Neutral Sentiment: Convertible notes upsized — CoreWeave priced an upsized $3.5B convertible senior note offering (settling mid‑April). That provides funding for expansion but may be dilutive depending on conversion dynamics; markets are parsing the trade‑off. CoreWeave Prices Upsized $3.5 Billion Convertible Senior Notes Offering
- Neutral Sentiment: Short‑interest update is uninformative — an April short‑interest snapshot showed zero reported shares (likely a reporting anomaly), so short‑squeeze risk is unclear and shouldn’t be relied on for signal right now.
- Negative Sentiment: Senior note issuance and high coupon debt — CoreWeave also priced $1.75B of 9.75% senior notes due 2031 (upsized from $1.25B), increasing near‑term interest burden and leverage concerns. CoreWeave Announces Upsize and Pricing of $1,750 Million of Senior Notes
- Negative Sentiment: Large insider selling — multiple Rule 10b5‑1 sales by executives (including a 1,125,000‑share sale by Brian Venturo) have raised investor concern about insider conviction despite pre‑arranged plans; the disclosures weighed on sentiment in prior sessions. Brian M. Venturo Form 4 (SEC)
Institutional Investors Weigh In On CoreWeave
Large investors have recently modified their holdings of the stock. Cornerstone Planning Group LLC boosted its holdings in shares of CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after acquiring an additional 251 shares in the last quarter. Family Legacy Financial Solutions LLC boosted its holdings in shares of CoreWeave by 166.7% in the third quarter. Family Legacy Financial Solutions LLC now owns 200 shares of the company’s stock valued at $27,000 after acquiring an additional 125 shares in the last quarter. HighMark Wealth Management LLC purchased a new stake in shares of CoreWeave in the third quarter valued at about $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of CoreWeave in the third quarter valued at about $27,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of CoreWeave in the third quarter valued at about $27,000.
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.