CoreWeave (NASDAQ:CRWV) Major Shareholder Magnetar Financial Llc Sells 2,770 Shares

Key Points

• Magnetar Financial LLC sold roughly 8.04 million shares of CoreWeave in multiple transactions this month (about $963 million), leaving it with 269,530 shares after the April 24 sale.
• CoreWeave shares fell about 6.2% to $110.14 on heavy volume; the company trades at a negative P/E (−34.42) and has a market cap near $48.8 billion.
• The company reported ~110% year‑over‑year revenue growth but missed EPS (−$0.89 vs. −$0.61 expected) and has negative margins/ROE, while analysts have a consensus "Moderate Buy" target of $125.16.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) major shareholder Magnetar Financial Llc sold 2,770 shares of the company's stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $119.56, for a total value of $331,181.20. Following the completion of the sale, the insider owned 269,530 shares in the company, valued at $32,225,006.80. The trade was a 1.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

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

• On Wednesday, April 22nd, Magnetar Financial Llc sold 961,169 shares of CoreWeave stock. The shares were sold at an average price of $122.14, for a total transaction of $117,397,181.66.
• On Wednesday, April 22nd, Magnetar Financial Llc sold 857,367 shares of CoreWeave stock. The shares were sold at an average price of $122.14, for a total value of $104,718,805.38.
• On Wednesday, April 22nd, Magnetar Financial Llc sold 620,672 shares of CoreWeave stock. The shares were sold at an average price of $122.14, for a total value of $75,808,878.08.
• On Thursday, April 23rd, Magnetar Financial Llc sold 296,160 shares of CoreWeave stock. The stock was sold at an average price of $122.21, for a total transaction of $36,193,713.60.
• On Tuesday, April 21st, Magnetar Financial Llc sold 323,452 shares of CoreWeave stock. The shares were sold at an average price of $118.26, for a total transaction of $38,251,433.52.
• On Monday, April 20th, Magnetar Financial Llc sold 319,835 shares of CoreWeave stock. The stock was sold at an average price of $117.33, for a total value of $37,526,240.55.
• 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 shares were sold at an average price of $118.67, for a total transaction 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 transaction 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 transaction of $26,977,723.50.

CoreWeave Stock Down 6.2%

Shares of CoreWeave stock traded down $7.28 on Friday, hitting $110.14. The company had a trading volume of 33,822,698 shares, compared to its average volume of 31,500,784. CoreWeave Inc. has a 1 year low of $39.50 and a 1 year high of $187.00. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46. The stock has a 50 day moving average of $90.60 and a 200-day moving average of $93.88. The stock has a market capitalization of $48.79 billion and a price-to-earnings ratio of -34.42.

CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its 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). CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The firm had revenue of $1.57 billion during the quarter. CoreWeave's quarterly revenue was up 110.4% on a year-over-year basis. As a group, sell-side analysts forecast that CoreWeave Inc. will post -4.16 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CRWV. Cornerstone Planning Group LLC lifted 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 worth $25,000 after buying an additional 251 shares in the last quarter. HighMark Wealth Management LLC bought a new position in shares of CoreWeave in the third quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new position in CoreWeave during the third quarter valued at approximately $27,000. KERR FINANCIAL PLANNING Corp bought a new stake in CoreWeave during the 3rd quarter worth approximately $27,000. Finally, Aspect Partners LLC bought a new stake in CoreWeave during the 3rd quarter worth approximately $28,000.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Very strong revenue momentum: CoreWeave reported ~110% year‑over‑year revenue growth last quarter, which underpins investor enthusiasm for its GPU/AI-cloud demand and supports the long‑term growth thesis. Read More.
• Positive Sentiment: Public bullishness and analyst support: Jim Cramer has discussed CRWV positively on Mad Money (calling it an “aggressive buy”), and several sell‑side firms have buy/outperform ratings and high targets — a catalyst for continued retail/institutional interest. Read More.
• Neutral Sentiment: Market volatility backdrop is calm today (VIX < 19), which generally favors risk assets and can help momentum names like CRWV — but reduced fear can also limit near‑term spikes. Read More.
• Neutral Sentiment: Capital/financing moves are ambiguous: the market has treated recent debt and equity raises as growth capital for expansion, but additional leverage increases execution risk and can add volatility. Read More.
• Negative Sentiment: Significant insider and major‑holder selling this week — Magnetar materially reduced its position and multiple insiders (including large Rule 10b5‑1 sales) sold tens or hundreds of thousands of shares; the scale of supply is a clear near‑term negative for the stock. Read More.
• Negative Sentiment: Earnings and margin risks remain: recent quarter showed a sizeable EPS miss and negative margins/ROE; analysts flag cash‑burn, high leverage and execution risk ahead of upcoming results, which can sap short‑term upside. Read More.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CRWV. Needham & Company LLC reissued a "hold" rating on shares of CoreWeave in a research report on Friday, February 27th. Cantor Fitzgerald lifted their price target on shares of CoreWeave from $149.00 to $156.00 and gave the stock an "overweight" rating in a report on Thursday, April 16th. Barclays upped their price objective on CoreWeave from $90.00 to $106.00 and gave the company an "equal weight" rating in a research note on Monday. Jefferies Financial Group reduced their price objective on CoreWeave from $155.00 to $120.00 and set a "buy" rating for the company in a report on Monday, January 5th. Finally, Mizuho raised their target price on CoreWeave from $95.00 to $105.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 14th. Twenty analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, CoreWeave presently has an average rating of "Moderate Buy" and a consensus price target of $125.16.

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.

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