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

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 978,764 shares of the business’s stock in a transaction on 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 transaction, the insider directly owned 253,167 shares in the company, valued at approximately $32,324,362.56. The trade was a 79.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 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 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 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 shares were sold at an average price of $122.21, for a total transaction of $36,193,713.60.

CoreWeave Stock Up 7.9%

Shares of CRWV stock traded up $10.09 during trading hours on Wednesday, hitting $137.98. 31,531,115 shares of the company were exchanged, compared to its average volume of 34,499,800. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46. CoreWeave Inc. has a one year low of $50.18 and a one year high of $187.00. The business’s 50-day simple moving average is $93.59 and its two-hundred day simple moving average is $92.40. The stock has a market capitalization of $61.12 billion, a price-to-earnings ratio of -43.12 and a beta of 7.84.

CoreWeave (NASDAQ:CRWV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The firm had revenue of $1.57 billion during the quarter. CoreWeave’s revenue for the quarter was up 110.4% compared to the same quarter last year. Sell-side analysts predict that CoreWeave Inc. will post -4.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CRWV has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft upgraded CoreWeave from a “hold” rating to a “buy” rating and raised their price objective for the stock from $100.00 to $140.00 in a research note on Tuesday, January 27th. UBS Group reissued a “neutral” rating on shares of CoreWeave in a report on Friday, January 16th. Citigroup raised their price target on shares of CoreWeave from $126.00 to $155.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Barclays boosted their price objective on shares of CoreWeave from $90.00 to $106.00 and gave the company an “equal weight” rating in a research report on Monday, April 20th. Finally, Wells Fargo & Company raised their target price on shares of CoreWeave from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Twenty investment 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 MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.94.

Institutional Trading of CoreWeave

Several hedge funds have recently made changes to their positions in the stock. Azzad Asset Management Inc. ADV lifted its holdings in shares of CoreWeave by 2.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,020 shares of the company’s stock worth $389,000 after purchasing an additional 104 shares during the last quarter. Hazlett Burt & Watson Inc. lifted 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 worth $33,000 after purchasing an additional 119 shares during the last quarter. Chilton Capital Management LLC lifted its holdings 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 last quarter. Cullen Frost Bankers Inc. lifted its holdings in shares of CoreWeave by 45.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock worth $28,000 after purchasing an additional 121 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of CoreWeave by 26.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 600 shares of the company’s stock worth $43,000 after purchasing an additional 125 shares during the last quarter.

Key Stories Impacting CoreWeave

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

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.