CoreWeave (NASDAQ:CRWV) Major Shareholder Magnetar Financial Llc Sells 319,835 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 319,835 shares of the stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $117.33, for a total value of $37,526,240.55. Following the transaction, the insider owned 280,668 shares in the company, valued at $32,930,776.44. This represents a 53.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Magnetar Financial Llc also recently made the following trade(s):

• On Tuesday, April 21st, Magnetar Financial Llc sold 323,452 shares of CoreWeave stock. The stock was sold at an average price of $118.26, for a total value of $38,251,433.52.
• On Wednesday, April 15th, Magnetar Financial Llc sold 2,604,094 shares of CoreWeave stock. The stock was sold at an average price of $118.67, for a total value of $309,027,834.98.
• On Wednesday, April 15th, Magnetar Financial Llc sold 422,762 shares of CoreWeave stock. The stock was sold at an average price of $118.67, for a total value of $50,169,166.54.
• On Thursday, April 16th, Magnetar Financial Llc sold 1,404,667 shares of CoreWeave stock. The stock was sold at an average price of $118.30, for a total value of $166,172,106.10.
• On Thursday, April 16th, Magnetar Financial Llc sold 228,045 shares of CoreWeave stock. The stock was sold at an average price of $118.30, for a total value of $26,977,723.50.
• On Friday, April 17th, Magnetar Financial Llc sold 203,356 shares of CoreWeave stock. The stock was sold at an average price of $118.85, for a total value of $24,168,860.60.

CoreWeave Stock Performance

Shares of CRWV stock opened at $122.54 on Thursday. The company has a market capitalization of $51.35 billion and a P/E ratio of -38.29. The business’s 50 day moving average is $89.89 and its two-hundred day moving average is $93.88. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46. CoreWeave Inc. has a 12-month low of $38.80 and a 12-month high of $187.00.

CoreWeave (NASDAQ:CRWV) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The business had revenue of $1.57 billion for the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The company’s quarterly revenue was up 110.4% on a year-over-year basis. Analysts expect that CoreWeave Inc. will post -4.16 EPS for the current fiscal year.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Strong top-line growth supports bullish thesis: CoreWeave reported calendar-quarter revenue that grew roughly 110% year-over-year, underpinning investor enthusiasm for its GPU/AI-cloud demand and helping momentum in the stock. (Background)
• Neutral Sentiment: Company is planning large debt and capital raises — market is treating the funding as growth-capital for expansion even though it increases leverage; that ambiguity can drive volatility and explain why shares are up despite added debt. CoreWeave Is Issuing Billions in Debt but Shares Are Up 64%. What’s Going on With CRWV Stock?
• Negative Sentiment: Multiple large insider and major-holder sales were disclosed this week — Magnetar Financial reported a >50% cut in its position after selling ~323k and ~320k shares on Apr 20–21 (SEC filing). Large executive sales under Rule 10b5‑1 (including Brian M. Venturo selling 1,125,000 shares and other filings for Brannin McBee) increase supply and are typically viewed negatively even if pre‑arranged. Magnetar SEC filing McBee Form 4 Venturo Form 4
• Negative Sentiment: Analyst/market caution ahead of upcoming earnings — some analysts (e.g., Seeking Alpha preview) flag risks around margins, cash burn and execution, which can limit upside and increase short‑term selling pressure ahead of results. CoreWeave: I’m Turning Cautious Ahead Of Earnings (Preview)

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Cantor Fitzgerald increased their price target on CoreWeave from $149.00 to $156.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. HC Wainwright reissued a “buy” rating and set a $180.00 target price on shares of CoreWeave in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised CoreWeave from a “hold” rating to a “buy” rating and increased their target price for the company from $100.00 to $140.00 in a report on Tuesday, January 27th. The Goldman Sachs Group started coverage on CoreWeave in a report on Monday, January 12th. They set a “neutral” rating and a $86.00 target price for the company. Finally, Bank of America raised CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 target price for the company in a report on Tuesday, March 24th. Twenty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, CoreWeave currently has an average rating of “Moderate Buy” and a consensus target price of $125.16.

Hedge Funds Weigh In On CoreWeave

A number of hedge funds have recently made changes to their positions in the company. Hazlett Burt & Watson Inc. raised its holdings in shares of CoreWeave by 34.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company’s stock valued at $33,000 after acquiring an additional 119 shares during the last quarter. Chilton Capital Management LLC lifted its position in CoreWeave by 50.2% during the third quarter. Chilton Capital Management LLC now owns 362 shares of the company’s stock worth $50,000 after buying an additional 121 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after buying an additional 121 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in CoreWeave by 26.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 600 shares of the company’s stock worth $43,000 after buying an additional 125 shares during the last quarter. Finally, CoreCap Advisors LLC grew its holdings in CoreWeave by 29.6% in the 3rd quarter. CoreCap Advisors LLC now owns 644 shares of the company’s stock valued at $88,000 after buying an additional 147 shares in the last quarter.

About CoreWeave

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.