Insider Selling: CoreWeave (NASDAQ:CRWV) Major Shareholder Sells 296,160 Shares of Stock

CoreWeave Inc. (NASDAQ:CRWVGet Free Report) major shareholder Magnetar Financial Llc sold 296,160 shares of the business’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $122.21, for a total transaction of $36,193,713.60. Following the transaction, the insider owned 269,541 shares in the company, valued at approximately $32,940,605.61. This trade represents a 52.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large 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 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 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 Friday, April 24th, Magnetar Financial Llc sold 2,770 shares of CoreWeave stock. The shares were 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 stock was 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 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 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 value 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 value of $26,977,723.50.

CoreWeave Stock Performance

NASDAQ CRWV traded down $7.28 during trading on Friday, hitting $110.14. 33,822,698 shares of the company’s stock traded hands, 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 stock has a market capitalization of $48.79 billion and a price-to-earnings ratio of -34.42. CoreWeave Inc. has a 12-month low of $39.50 and a 12-month high of $187.00. The business has a 50 day moving average of $90.60 and a 200-day moving average of $93.88.

CoreWeave (NASDAQ:CRWVGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The business had revenue of $1.57 billion during the quarter. CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The firm’s quarterly revenue was up 110.4% compared to the same quarter last year. As a group, equities research analysts anticipate that CoreWeave Inc. will post -4.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CRWV has been the topic of several recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Evercore restated an “outperform” rating and issued a $150.00 price objective on shares of CoreWeave in a research report on Wednesday, April 15th. Sanford C. Bernstein raised their target price on shares of CoreWeave from $56.00 to $67.00 and gave the company an “underperform” rating in a research note on Tuesday, April 14th. Wells Fargo & Company dropped their target price on shares of CoreWeave from $150.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. 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 research note on Monday, January 5th. 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.16.

View Our Latest Research Report on CRWV

Institutional Investors Weigh In On CoreWeave

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after purchasing an additional 20,487,478 shares during the last quarter. Proficio Capital Partners LLC raised its holdings in CoreWeave by 446,194.0% during the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares during the last quarter. Deutsche Bank AG raised its holdings in CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after buying an additional 3,796,077 shares during the last quarter. Altimeter Capital Management LP purchased a new stake in CoreWeave during the 4th quarter valued at $230,099,000. Finally, Alyeska Investment Group L.P. grew its holdings in CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after acquiring an additional 3,000,000 shares during the last quarter.

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.

CoreWeave Company Profile

(Get Free Report)

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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