CoreWeave (CRWV) Stock: CEO and CSO Sell $10M in Shares on Same Day

TLDR

• CEO Michael Intrator sold 77,939 shares at $74.05, netting $5.77M, cutting his stake by 1.34%
• CSO Brian Venturo sold 65,005 shares at $74.05 for $4.81M on the same day, March 31
• CoreWeave closed an $8.5 billion GPU-backed loan facility, which was oversubscribed and drove a stock rally
• Q4 revenue hit $1.57B, up 110% year-over-year, but EPS of -$0.89 missed estimates by $0.28
• Analyst consensus sits at “Moderate Buy” with an average price target of $121.06

CoreWeave’s CEO and Chief Strategy Officer each unloaded tens of millions in stock on the same day — but the company’s $8.5 billion loan deal is keeping bulls in the game.

CoreWeave, Inc. Class A Common Stock, CRWV

On March 31, CEO Michael Intrator sold 77,939 Class A shares at $74.05 each, pulling in $5.77 million. That reduced his stake by 1.34%, leaving him with 5,728,900 shares worth roughly $424 million at current prices.

The same day, Chief Strategy Officer Brian Venturo sold 65,005 shares at the same $74.05 price, for proceeds of $4.81 million. Venturo also exercised options to acquire 126,752 shares via restricted stock unit conversions on the same date. Both transactions were disclosed via SEC filings.

Combined, the two executives offloaded over $10.5 million worth of stock in a single session.

$8.5 Billion Loan Facility Takes Center Stage

The insider selling came alongside a much bigger headline: CoreWeave closed an $8.5 billion delayed draw term loan facility — its fourth such facility — secured by GPUs and customer contracts. The deal was oversubscribed, drawing participation from global banks, asset managers, and insurance investors.

Evercore ISI reiterated an Outperform rating with a $120 price target following the news. Citizens kept its Market Outperform rating with a $180 target. Stifel held its neutral stance with a $110 target, noting the facility lowers CoreWeave’s weighted average cost of capital.

The loan is earmarked to fund AI and data center expansion, and analysts widely flagged it as the catalyst behind a multi-percentage-point stock rally in recent sessions.

Earnings Miss, Revenue Surge

CoreWeave’s most recent quarterly results told a mixed story. Revenue came in at $1.57 billion, up 110% year-over-year — a standout growth figure by any measure.

But the bottom line was rough. EPS came in at -$0.89, missing the consensus estimate of -$0.61 by $0.28. The company carries a debt-to-equity ratio of 4.46 and a negative net margin of 22.75%.

On the product side, CoreWeave posted leading results in the MLPerf Inference v6.0 benchmark suite using Nvidia GB200 and GB300 hardware. Its GB300 NVL72 system doubled the scores from the previous MLPerf 5.1 round.

Separately, Barclays maintained an Equalweight rating with a $90 target, flagging a reported partnership change for a Texas data center project. Poolside is said to be seeking a new partner after a deal with CoreWeave did not go through.

Bank of America recently upgraded CRWV from Neutral to Buy, setting a $100 price target. Goldman Sachs holds a Neutral rating with an $86 target. Nineteen analysts rate the stock Buy, eleven Hold, and two Sell.

The consensus price target stands at $121.06 against a current price of $82.24, with a 52-week range of $33.51 to $187.00.

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