Street Calls of the Week
Coreweave, Inc. (06 Technology:CRWV), a $62.66 billion market cap technology company, saw its Chief Financial Officer Nitin Agrawal sell 38,002 shares of Class A Common Stock on September 16, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company’s stock has shown remarkable strength, gaining over 200% in the past six months, though InvestingPro analysis suggests the stock is currently overvalued. The sales, executed under a Rule 10b5-1 trading plan, fetched prices ranging from $116.0188 to $125.31, resulting in a total transaction value of $4,540,528.
Following the transactions, Agrawal directly owns 145,588 shares of Coreweave, Inc. Class A Common Stock. Additionally, his spouse directly holds 115,905 shares, and 57,952 shares are held by the Yosemite 2025 GRAT, for which Agrawal serves as the sole trustee and beneficiary.
In other recent news, CoreWeave announced a significant expansion of its AI infrastructure investment in the United Kingdom, increasing its commitment by £1.5 billion to a total of £2.5 billion. This move aligns with the UK Government’s Compute Roadmap and is expected to generate local jobs in engineering and operations. Meanwhile, CoreWeave has entered into a new order agreement with Nvidia, valued at $6.3 billion, under its existing Master Services Agreement. This agreement requires Nvidia to purchase any unsold capacity through April 2032, subject to specific conditions.
Cantor Fitzgerald reiterated its Overweight rating for CoreWeave, maintaining a price target of $116.00, highlighting the importance of the Nvidia deal. Additionally, Citizens JMP upgraded CoreWeave to Market Outperform, citing the growing trend of hyperscale outsourcing in the GPU-as-a-Service market. Barclays has kept its Equalweight rating on CoreWeave, also emphasizing the Nvidia agreement. These developments reflect CoreWeave’s strategic moves in the cloud computing sector, drawing attention from various investment firms.
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