Insider Selling: CoreWeave (NASDAQ:CRWV) Major Shareholder Sells 978,764 Shares of Stock

Key Points

• Magnetar Financial sold 978,764 CoreWeave shares on May 5 at an average price of $127.68 (≈$124.97M), cutting its stake by 79.45% to 253,167 shares as part of multiple multi‑hundred‑thousand share disposals in late April/early May.
• Shares rallied about 7.9% to $137.98 on heavy volume despite the selloffs; CoreWeave reported Q1 revenue of $1.57B (+110% YoY) but remains unprofitable (negative EPS) with a high debt‑to‑equity ratio of 4.46.
• Analysts are mixed but generally positive, with a consensus rating of “Moderate Buy” and an average price target of about $127.94 amid several recent price‑target raises and differing buy/hold/underperform opinions.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) major shareholder Magnetar Financial Llc sold 978,764 shares of CoreWeave stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $127.68, for a total transaction of $124,968,587.52. Following the sale, the insider owned 253,167 shares of the company's stock, valued at approximately $32,324,362.56. This trade represents a 79.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, May 4th, Magnetar Financial Llc sold 1,155,164 shares of CoreWeave stock. The stock was sold at an average price of $127.29, for a total transaction of $147,040,825.56.
• On Monday, May 4th, Magnetar Financial Llc sold 420,227 shares of CoreWeave stock. The stock was sold at an average price of $127.29, for a total transaction of $53,490,694.83.
• On Tuesday, May 5th, Magnetar Financial Llc sold 349,437 shares of CoreWeave stock. The stock was sold at an average price of $127.68, for a total transaction of $44,616,116.16.
• On Friday, May 1st, Magnetar Financial Llc sold 209,157 shares of CoreWeave stock. The stock was sold at an average price of $119.91, for a total transaction of $25,080,015.87.
• On Thursday, April 30th, Magnetar Financial Llc sold 6,564 shares of CoreWeave stock. The stock was sold at an average price of $117.84, for a total transaction of $773,501.76.
• On Friday, May 1st, Magnetar Financial Llc sold 1,284,876 shares of CoreWeave stock. The stock was 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 stock was 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 transaction 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 transaction 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.

CoreWeave Trading Up 7.9%

Shares of CRWV traded up $10.09 during mid-day trading on Wednesday, hitting $137.98. The company had a trading volume of 31,531,115 shares, compared to its average volume of 34,499,800. The business's 50-day simple moving average is $93.59 and its 200-day simple moving average is $92.40. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. CoreWeave Inc. has a 1-year low of $50.18 and a 1-year high of $187.00. The stock has a market cap of $61.12 billion, a PE ratio of -43.12 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter. The business's revenue was up 110.4% compared to the same quarter last year. Sell-side analysts forecast that CoreWeave Inc. will post -4.15 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC lifted its position in shares of CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company's stock worth $25,000 after purchasing an additional 251 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of CoreWeave during the third quarter worth $27,000. Aspect Partners LLC acquired a new position in shares of CoreWeave during the third quarter worth $28,000. Cullen Frost Bankers Inc. lifted its position in shares of 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 purchasing an additional 121 shares in the last quarter. Finally, Greenline Wealth Management LLC acquired a new position in shares of CoreWeave during the fourth quarter worth $28,000.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Massive order/backlog signal — reports say CoreWeave drew about $15 billion in orders tied to a $3.1 billion AI loan, highlighting very strong demand and a beefy revenue backlog that supports upside expectations. CoreWeave Draws $15 Billion In Orders For $3.1 Billion AI Loan
• Positive Sentiment: Deepening hyperscaler tie — CoreWeave expanded a long‑term agreement with Meta through 2032, increasing contracted visibility and capacity commitments that bolster the company’s backlog and revenue predictability. CoreWeave Meta Deal Deepens AI Hyperscaler Ties And Capacity Commitments
• Positive Sentiment: Product capability expansion — CoreWeave expanded its SUNK self‑service to streamline large AI training workloads across multi‑cloud and on‑prem, improving TAM capture ability for research and platform teams. CoreWeave (CRWV) Expands SUNK Capabilities to Streamline AI Training Workloads
• Positive Sentiment: Analyst/coverage momentum — multiple bullish previews, price‑target raises and a high‑profile mention from Jim Cramer have increased retail and analyst attention ahead of earnings, supporting positive positioning. Jim Cramer Expects a Big Surprise for CoreWeave
• Neutral Sentiment: Earnings catalyst imminent — numerous previews and screens are flagging the May 7 Q1 report as the near‑term catalyst; outcomes on revenue, margins and guidance will likely drive the next leg of movement. CoreWeave Q1 Earnings Preview: Punished Or Praised? (Rating Downgrade)
• Neutral Sentiment: Market risk appetite supportive — softer VIX and rotation into tech names is lifting high‑beta AI stocks like CoreWeave; this market backdrop can amplify moves but isn’t company‑specific. CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite
• Negative Sentiment: Insider selling — CFO Brian Venturo sold 375,000 shares on May 4 under a pre‑arranged Rule 10b5‑1 plan (reduces but doesn’t eliminate concern about selling pressure). Brian M. Venturo Insider Sale
• Negative Sentiment: Major shareholder liquidation — Magnetar and ARK vehicles have sold sizeable blocks in recent days (Magnetar’s filings show multi‑hundred‑thousand share sales), a supply hit that can pressure sentiment if earnings disappoint. SEC Filing — Magnetar sale Cathie Wood Sells CoreWeave

Analysts Set New Price Targets

CRWV has been the topic of a number of recent research reports. Macquarie Infrastructure reaffirmed a "neutral" rating and set a $115.00 price target on shares of CoreWeave in a research report on Tuesday, January 27th. Mizuho lifted their price target on shares of CoreWeave from $95.00 to $105.00 and gave the company a "neutral" rating in a research report on Tuesday, April 14th. Citigroup lifted their price target on shares of CoreWeave from $126.00 to $155.00 and gave the company a "buy" rating in a research report on Friday, May 1st. Sanford C. Bernstein lifted their price target on shares of CoreWeave from $56.00 to $67.00 and gave the company an "underperform" rating in a research report on Tuesday, April 14th. Finally, Deutsche Bank Aktiengesellschaft raised shares of CoreWeave from a "hold" rating to a "buy" rating and lifted their price target for the company from $100.00 to $140.00 in a research report on Tuesday, January 27th. Twenty equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, CoreWeave currently has a consensus rating of "Moderate Buy" and an average target price of $127.94.

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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