CoreWeave (NASDAQ:CRWV) Major Shareholder Magnetar Financial Llc Sells 961,169 Shares

Key Points

• Magnetar Financial LLC sold 961,169 CoreWeave shares on April 22 at an average price of $122.14, generating about $117.4 million and trimming its stake by 78.03% to 270,616 shares (≈$33.1M).
• That sale was part of a wave of large insider/major‑holder dispositions across several days — including multi‑million‑share blocks earlier in April — creating substantial near‑term supply pressure on the stock.
• CoreWeave posted ~110% YoY revenue growth but missed EPS (‑$0.89 vs. consensus ‑$0.61), has negative margins and a negative PE, and is trading around $110.14 with a MarketBeat consensus target of $125.16.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) major shareholder Magnetar Financial Llc sold 961,169 shares of the business's stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $122.14, for a total transaction of $117,397,181.66. Following the transaction, the insider owned 270,616 shares in the company, valued at approximately $33,053,038.24. The trade was a 78.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more 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 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 stock was 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 value of $36,193,713.60.
• On Friday, April 24th, Magnetar Financial Llc sold 2,770 shares of CoreWeave stock. The stock was sold at an average price of $119.56, for a total value of $331,181.20.
• 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 value of $38,251,433.52.
• On Monday, April 20th, Magnetar Financial Llc sold 319,835 shares of CoreWeave stock. The shares were 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 stock was 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 shares were 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 shares were sold at an average price of $118.30, for a total transaction of $26,977,723.50.

CoreWeave Price Performance

Shares of NASDAQ:CRWV traded down $7.28 during midday trading on Friday, reaching $110.14. 33,822,698 shares of the company's stock were exchanged, compared to its average volume of 31,500,784. 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 company's 50 day simple moving average is $90.60 and its two-hundred day simple moving average is $93.88. CoreWeave Inc. has a 12 month low of $39.50 and a 12 month high of $187.00. The firm has a market capitalization of $48.79 billion and a PE ratio of -34.42.

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

Hedge Funds Weigh In On CoreWeave

A number of institutional investors and hedge funds have recently bought and sold shares of the business. HighMark Wealth Management LLC bought a new position in shares of CoreWeave in the third quarter valued at about $27,000. OLD Second National Bank of Aurora bought a new stake in CoreWeave during the 3rd quarter worth about $27,000. KERR FINANCIAL PLANNING Corp acquired a new stake in CoreWeave in the 3rd quarter valued at about $27,000. Aspect Partners LLC acquired a new stake in CoreWeave in the 3rd quarter valued at about $28,000. Finally, Rothschild Investment LLC raised its stake in shares of CoreWeave by 10,700.0% in the third quarter. Rothschild Investment LLC now owns 216 shares of the company's stock worth $30,000 after acquiring an additional 214 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CRWV. Truist Financial upped their price target on CoreWeave from $84.00 to $85.00 and gave the company a "hold" rating in a research report on Friday, February 27th. Citizens Jmp restated a "market outperform" rating and issued a $180.00 target price on shares of CoreWeave in a research note on Friday, February 27th. Wolfe Research started coverage on shares of CoreWeave in a report on Thursday, April 16th. They issued an "outperform" rating and a $150.00 target price on the stock. Cantor Fitzgerald increased their target price on shares of CoreWeave from $149.00 to $156.00 and gave the stock an "overweight" rating in a research report on Thursday, April 16th. Finally, Jefferies Financial Group cut their price target on shares of CoreWeave from $155.00 to $120.00 and set a "buy" rating for the company in a report on Monday, January 5th. Twenty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.16.

Key Headlines Impacting CoreWeave

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.

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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