CoreWeave (NASDAQ:CRWV) Major Shareholder Sells $773,501.76 in Stock

Key Points

• Magnetar Financial has been selling large blocks of CoreWeave stock, including a 6,564‑share sale on April 30 for $773,501.76 and multiple much larger April–May transactions that together represent significant insider selling.
• The insider sales have created short‑term headline risk and selling pressure while CRWV traded around $119 (up $7.41 on the day) amid high volume and volatility.
• CoreWeave reported negative EPS but rapid top‑line growth—revenue rose ~110.4% year‑over‑year—with a market cap of about $52.7 billion and a consensus analyst rating of “Moderate Buy” and a $126.69 average price target.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) major shareholder Magnetar Financial Llc sold 6,564 shares of the company's stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $117.84, for a total transaction of $773,501.76. Following the sale, the insider directly owned 269,506 shares of the company's stock, valued at approximately $31,758,587.04. This trade represents a 2.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 Friday, May 1st, Magnetar Financial Llc sold 1,284,876 shares of CoreWeave stock. The shares were sold at an average price of $119.91, for a total transaction of $154,069,481.16.
• 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 stock was 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 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 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 transaction 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.

CoreWeave Price Performance

CRWV stock traded up $7.41 during trading on Friday, reaching $119.01. 27,331,728 shares of the company were exchanged, compared to its average volume of 32,131,860. CoreWeave Inc. has a twelve month low of $45.80 and a twelve month high of $187.00. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46. The company has a market capitalization of $52.72 billion, a price-to-earnings ratio of -37.19 and a beta of 7.89. The company has a 50-day moving average of $91.88 and a two-hundred day moving average of $93.14.

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). CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The company had revenue of $1.57 billion for the quarter. The company's revenue was up 110.4% on a year-over-year basis. As a group, equities analysts predict that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CoreWeave

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AE Wealth Management LLC bought a new position in shares of CoreWeave during the third quarter valued at about $4,241,000. Vanguard Group Inc. increased its stake in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company's stock valued at $1,999,421,000 after buying an additional 20,487,478 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of CoreWeave by 6,022.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company's stock worth $8,075,000 after buying an additional 110,926 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of CoreWeave by 67.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company's stock worth $4,794,000 after buying an additional 26,907 shares in the last quarter. Finally, Hidden Lake Asset Management LP purchased a new position in shares of CoreWeave in the 3rd quarter worth approximately $14,814,000.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Evercore reiterated an "outperform" rating and issued a $150.00 target price on shares of CoreWeave in a research report on Wednesday, April 15th. Wolfe Research initiated coverage on CoreWeave in a research note on Thursday, April 16th. They issued an "outperform" rating and a $150.00 price objective for the company. Roth Mkm reiterated a "buy" rating on shares of CoreWeave in a report on Monday, February 23rd. Needham & Company LLC reiterated a "hold" rating on shares of CoreWeave in a research report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of CoreWeave from a "hold" rating to a "buy" rating and upped their price target for the company from $100.00 to $140.00 in a research report on Tuesday, January 27th. Twenty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $126.69.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Wells Fargo raised its price target and reiterated an Overweight stance, signaling institutional support and implied upside versus recent levels. Wells Fargo Forecasts Strong Price Appreciation for CoreWeave
• Positive Sentiment: Analyst upgrades and notes about increased client diversification sparked momentum buying; coverage frames CoreWeave as a beneficiary of growing AI infrastructure demand. CoreWeave Stock Rallies 8% Following Analyst Upgrades
• Positive Sentiment: Product update: CoreWeave expanded SUNK capabilities to speed AI cluster setup across multi‑cloud and on‑prem environments — a practical top‑line growth driver if adoption accelerates. CoreWeave SUNK Expands Capabilities
• Neutral Sentiment: Earnings preview: Zacks warns Q1 EPS is expected to decline and CoreWeave lacks the usual setup for an earnings beat, increasing near‑term volatility risk around the May 7 report. Earnings Preview: Q1 Expected to Decline
• Neutral Sentiment: Retail/flows noise: stories about high‑profile funds (e.g., ARK/Cathie Wood mentions) raise attention but are unconfirmed and may not translate into sustained buying. Coverage on Cathie Wood and AI Stocks
• Negative Sentiment: Large insider selling: several insiders (Brian Venturo, Brannin McBee, CEO Michael Intrator, EVP Chen Goldberg) sold blocks under Rule 10b5‑1 plans the week of Apr 27, creating headline risk and short‑term selling pressure. Brian Venturo Sells 375,000 Shares
• Negative Sentiment: Industry/customer risk: coverage notes ripples from OpenAI’s spending warning and suggests major customers’ cadence could pressure demand for GPU cloud capacity. CoreWeave Tries to Shrug Off Ripple Effect from OpenAI’s Warning
• Negative Sentiment: Analyst caution: some research (Zacks, others) highlights CoreWeave’s capital intensity and higher risk profile versus steadier cloud peers, which could cap multiple expansion if investors rotate to lower‑risk names. CoreWeave vs Snowflake Comparison

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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