Magnetar Financial Llc Sells 307,131 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 307,131 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the sale, the insider directly owned 220,810 shares in the company, valued at $24,013,087.50. This represents a 58.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more 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 Wednesday, August 12th, Magnetar Financial Llc sold 2,147,871 shares of CoreWeave stock. The stock was sold at an average price of $107.83, for a total transaction of $231,604,929.93.
• On Thursday, August 13th, Magnetar Financial Llc sold 1,921,259 shares of CoreWeave stock. The stock was sold at an average price of $111.27, for a total value of $213,778,488.93.
• On Tuesday, June 2nd, Magnetar Financial Llc sold 112,111 shares of CoreWeave stock. The shares were sold at an average price of $130.56, for a total value of $14,637,212.16.

CoreWeave Stock Down 1.0%

CRWV traded down $1.03 on Friday, hitting $105.26. 33,275,165 shares of the company were exchanged, compared to its average volume of 32,287,830. The firm has a 50-day moving average price of $90.50 and a two-hundred day moving average price of $95.01. The company has a current ratio of 0.46, a quick ratio of 0.31 and a debt-to-equity ratio of 5.53. CoreWeave Inc. has a twelve month low of $60.55 and a twelve month high of $153.20. The company has a market cap of $48.30 billion, a price-to-earnings ratio of -28.84 and a beta of 7.44.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business had revenue of $2.58 billion during the quarter. During the same quarter in the previous year, the business posted ($0.27) EPS. The business’s quarterly revenue was up 112.5% compared to the same quarter last year. On average, equities analysts predict that CoreWeave Inc. will post -5.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CRWV has been the topic of a number of research analyst reports. Roth Capital set a $145.00 target price on CoreWeave in a research report on Thursday. BNP Paribas Exane assumed coverage on CoreWeave in a research note on Tuesday, June 2nd. They issued an “outperform” rating and a $192.00 price objective for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a report on Friday, August 7th. Jefferies Financial Group lowered shares of CoreWeave from a “buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Wolfe Research reiterated an “outperform” rating on shares of CoreWeave in a research report on Monday, July 6th. Twenty-two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $138.72.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Citigroup raised its price target to $159 and upgraded CoreWeave to “Buy,” implying substantial potential upside from recent levels and reinforcing bullish analyst sentiment. Benzinga
• Positive Sentiment: CoreWeave’s strong second-quarter results remain the main catalyst: revenue increased 112% year over year to approximately $2.6 billion, adjusted EBITDA reached $1.51 billion, and the company reported a $104.2 billion backlog—or $129.2 billion including incremental commitments. Full-year revenue guidance was raised to $12.4 billion–$13.2 billion. Seeking Alpha article
• Positive Sentiment: Analysts and market commentators said hyperscaler results and rising AI data-center pricing validate the monetization of AI demand. Robert W. Baird lifted its target to $130, while other coverage remained constructive on CoreWeave’s growth prospects. Baird price target article
• Neutral Sentiment: Technical coverage remains bullish after the earnings-driven surge, but the pullback indicates investors may be taking profits and reassessing valuation following the rapid advance. Barron’s technical analysis
• Negative Sentiment: Funding the growth plan remains a key risk. CoreWeave raised 2026 capital-expenditure expectations to $35 billion–$39 billion, while high debt and approximately $640 million in quarterly net interest expense could pressure cash flow and delay profitability. Zacks capex article
• Negative Sentiment: CEO Michael Intrator and co-founder Brannin McBee disclosed sizable sales executed under pre-arranged Rule 10b5-1 plans. Although planned transactions do not necessarily signal deteriorating business conditions, they can add pressure after a major rally. SEC insider filing

Institutional Investors Weigh In On CoreWeave

Hedge funds and other institutional investors have recently modified their holdings of the stock. EFG International AG grew its holdings in shares of CoreWeave by 2.5% in the 2nd quarter. EFG International AG now owns 50,479 shares of the company’s stock worth $5,023,000 after acquiring an additional 1,232 shares during the period. White Knight Strategic Wealth Advisors LLC grew its holdings in CoreWeave by 7.1% in the second quarter. White Knight Strategic Wealth Advisors LLC now owns 3,565 shares of the company’s stock valued at $355,000 after purchasing an additional 235 shares during the last quarter. Legal & General Group Plc increased its position in shares of CoreWeave by 19.5% in the second quarter. Legal & General Group Plc now owns 1,332,209 shares of the company’s stock valued at $132,608,000 after buying an additional 217,003 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of CoreWeave by 7.0% in the second quarter. The Manufacturers Life Insurance Company now owns 23,616 shares of the company’s stock valued at $2,351,000 after buying an additional 1,536 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of CoreWeave by 33.1% during the 2nd quarter. Jones Financial Companies Lllp now owns 149,241 shares of the company’s stock worth $14,414,000 after buying an additional 37,104 shares during the last quarter.

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.