CoreWeave (NASDAQ:CRWV) Major Shareholder Magnetar Financial Llc Sells 307,131 Shares

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 307,131 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the completion of the sale, the insider owned 220,810 shares in the company, valued at $24,013,087.50. The trade was a 58.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 Wednesday, August 12th, Magnetar Financial Llc sold 2,147,871 shares of CoreWeave stock. The stock was sold at an average price of $107.83, for a total transaction of $231,604,929.93.
• On Thursday, August 13th, Magnetar Financial Llc sold 1,921,259 shares of CoreWeave stock. The shares were sold at an average price of $111.27, for a total transaction of $213,778,488.93.
• On Tuesday, June 2nd, Magnetar Financial Llc sold 112,111 shares of CoreWeave stock. The shares were sold at an average price of $130.56, for a total transaction of $14,637,212.16.

CoreWeave Price Performance

NASDAQ:CRWV opened at $105.26 on Friday. The firm’s fifty day moving average is $90.50 and its two-hundred day moving average is $95.01. The firm has a market cap of $48.30 billion, a price-to-earnings ratio of -28.84 and a beta of 7.44. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.31 and a current ratio of 0.46. CoreWeave Inc. has a one year low of $60.55 and a one year high of $153.20.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. The business had revenue of $2.58 billion during the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The business’s quarterly revenue was up 112.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.27) EPS. Research analysts expect that CoreWeave Inc. will post -5.05 EPS for the current year.

Hedge Funds Weigh In On CoreWeave

Several institutional investors and hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC grew its holdings in CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after purchasing an additional 251 shares during the period. Cullen Frost Bankers Inc. increased its position in shares of CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after buying an additional 121 shares in the last quarter. Greenline Wealth Management LLC acquired a new position in shares of CoreWeave during the 4th quarter worth approximately $28,000. Essential Partners LLC acquired a new position in shares of CoreWeave during the 2nd quarter worth approximately $30,000. Finally, Peterson Wealth Services raised its stake in shares of CoreWeave by 153.1% during the 1st quarter. Peterson Wealth Services now owns 405 shares of the company’s stock worth $31,000 after buying an additional 245 shares during the period.

Analyst Ratings Changes

CRWV has been the subject of several recent research reports. Truist Financial lifted their price target on CoreWeave from $126.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $150.00 price objective on shares of CoreWeave in a research report on Friday, August 7th. TD Cowen raised shares of CoreWeave to a “buy” rating in a research note on Wednesday, July 22nd. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 target price on shares of CoreWeave in a report on Wednesday. Finally, Barclays boosted their target price on shares of CoreWeave from $90.00 to $105.00 and gave the company an “equal weight” rating in a research note on Thursday. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $138.72.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Citigroup raised its price target to $159 and upgraded CoreWeave to “Buy,” implying substantial potential upside from recent levels and reinforcing bullish analyst sentiment. Benzinga
• Positive Sentiment: CoreWeave’s strong second-quarter results remain the main catalyst: revenue increased 112% year over year to approximately $2.6 billion, adjusted EBITDA reached $1.51 billion, and the company reported a $104.2 billion backlog—or $129.2 billion including incremental commitments. Full-year revenue guidance was raised to $12.4 billion–$13.2 billion. Seeking Alpha article
• Positive Sentiment: Analysts and market commentators said hyperscaler results and rising AI data-center pricing validate the monetization of AI demand. Robert W. Baird lifted its target to $130, while other coverage remained constructive on CoreWeave’s growth prospects. Baird price target article
• Neutral Sentiment: Technical coverage remains bullish after the earnings-driven surge, but the pullback indicates investors may be taking profits and reassessing valuation following the rapid advance. Barron’s technical analysis
• Negative Sentiment: Funding the growth plan remains a key risk. CoreWeave raised 2026 capital-expenditure expectations to $35 billion–$39 billion, while high debt and approximately $640 million in quarterly net interest expense could pressure cash flow and delay profitability. Zacks capex article
• Negative Sentiment: CEO Michael Intrator and co-founder Brannin McBee disclosed sizable sales executed under pre-arranged Rule 10b5-1 plans. Although planned transactions do not necessarily signal deteriorating business conditions, they can add pressure after a major rally. SEC insider filing

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.