Magnetar Financial Llc Sells 1,284,876 Shares of CoreWeave (NASDAQ:CRWV) Stock

Key Points

• Magnetar Financial LLC sold 1,284,876 CoreWeave shares on May 1 at an average of $119.91 for about $154.07 million, cutting its stake by 82.95% to 264,061 shares — part of a larger April selling spree that included several multi‑hundred‑million dollar disposals.
• CoreWeave shares rose ~6.6% to $119.01 on heavy volume; the company reported 110% year‑over‑year revenue growth but remains unprofitable with negative EPS and high leverage, and analysts offer mixed ratings with a consensus "Moderate Buy" price target of $126.69.

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) major shareholder Magnetar Financial Llc sold 1,284,876 shares of CoreWeave stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $119.91, for a total value of $154,069,481.16. Following the completion of the sale, the insider directly owned 264,061 shares in the company, valued at approximately $31,663,554.51. The trade was a 82.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% 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 Thursday, April 30th, Magnetar Financial Llc sold 6,564 shares of CoreWeave stock. The shares were sold at an average price of $117.84, for a total value of $773,501.76.
• 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 transaction 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 transaction of $75,808,878.08.
• On Thursday, April 23rd, Magnetar Financial Llc sold 296,160 shares of CoreWeave stock. The shares were sold at an average price of $122.21, for a total transaction 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 transaction of $331,181.20.
• On Tuesday, April 21st, Magnetar Financial Llc sold 323,452 shares of CoreWeave stock. The stock was 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 shares were sold at an average price of $117.33, for a total transaction of $37,526,240.55.
• On Wednesday, April 15th, Magnetar Financial Llc sold 2,604,094 shares of CoreWeave stock. The shares were 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 stock was sold at an average price of $118.67, for a total value of $50,169,166.54.

CoreWeave Trading Up 6.6%

NASDAQ CRWV traded up $7.41 during trading hours on Friday, hitting $119.01. 27,331,728 shares of the company were exchanged, compared to its average volume of 32,131,860. CoreWeave Inc. has a 52 week low of $45.80 and a 52 week high of $187.00. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 4.46. The stock has a 50-day moving average price of $91.88 and a 200 day moving average price of $93.14. The stock has a market cap of $52.72 billion, a PE ratio of -37.19 and a beta of 7.89.

CoreWeave (NASDAQ:CRWV - Get Free Report) last posted its quarterly earnings data 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). The company 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%. CoreWeave's revenue for the quarter was up 110.4% compared to the same quarter last year. Analysts forecast that CoreWeave Inc. will post -4.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Citizens Jmp reiterated a "market outperform" rating and set a $180.00 price objective on shares of CoreWeave in a research report on Friday, February 27th. Needham & Company LLC reaffirmed a "hold" rating on shares of CoreWeave in a research note on Friday, February 27th. 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 report on Tuesday, January 27th. Macquarie Infrastructure reissued a "neutral" rating and issued a $115.00 price objective on shares of CoreWeave in a research report on Tuesday, January 27th. Finally, Oppenheimer raised their price objective on shares of CoreWeave from $140.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday. 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 stock. According to data from MarketBeat.com, CoreWeave currently has an average rating of "Moderate Buy" and a consensus price target of $126.69.

CoreWeave News Roundup

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

Institutional Trading of CoreWeave

Institutional investors and hedge funds have recently made changes to their positions in the business. Azzad Asset Management Inc. ADV increased its position in CoreWeave by 2.1% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company's stock valued at $389,000 after purchasing an additional 104 shares during the period. Hazlett Burt & Watson Inc. raised its holdings in shares of CoreWeave by 34.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 462 shares of the company's stock valued at $33,000 after purchasing an additional 119 shares in the last quarter. Chilton Capital Management LLC lifted its position in shares of CoreWeave by 50.2% in the 3rd quarter. Chilton Capital Management LLC now owns 362 shares of the company's stock worth $50,000 after purchasing an additional 121 shares during the period. Cullen Frost Bankers Inc. boosted its stake in shares of CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock valued at $28,000 after purchasing an additional 121 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in shares of CoreWeave by 26.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 600 shares of the company's stock valued at $43,000 after purchasing an additional 125 shares in the last quarter.

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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