CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) major shareholder Magnetar Financial Llc sold 296,160 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $122.21, for a total value of $36,193,713.60. Following the transaction, the insider directly owned 269,541 shares of the company’s stock, valued at $32,940,605.61. The trade was a 52.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more 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, 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 value 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 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 value of $331,181.20.
- On Tuesday, April 21st, Magnetar Financial Llc sold 323,452 shares of CoreWeave stock. The shares were 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 stock was 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 shares were 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 Down 6.2%
Shares of CRWV traded down $7.28 during trading hours on Friday, hitting $110.14. The company had a trading volume of 33,822,698 shares, compared to its average volume of 31,500,784. The stock has a market capitalization of $48.79 billion and a price-to-earnings ratio of -34.42. The firm has a fifty day moving average price of $90.60 and a 200-day moving average price of $93.88. CoreWeave Inc. has a 52-week low of $39.50 and a 52-week high of $187.00. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.46 and a current ratio of 0.46.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Sivia Capital Partners LLC purchased a new position in CoreWeave during the second quarter valued at approximately $39,824,000. Quantbot Technologies LP bought a new position in CoreWeave in the 2nd quarter worth $311,000. Invesco Ltd. bought a new position in CoreWeave in the 2nd quarter worth $882,000. First Trust Advisors LP purchased a new stake in CoreWeave in the 2nd quarter worth $20,260,000. Finally, Baird Financial Group Inc. bought a new stake in CoreWeave during the second quarter valued at about $455,000.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the stock. Macquarie Infrastructure reaffirmed a “neutral” rating and issued a $115.00 target price on shares of CoreWeave in a research report on Tuesday, January 27th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $180.00 price objective on shares of CoreWeave in a report on Friday, February 27th. Cantor Fitzgerald increased their target price on CoreWeave from $149.00 to $156.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Mizuho boosted their price target on CoreWeave from $95.00 to $105.00 and gave the company a “neutral” rating in a research note on Tuesday, April 14th. Finally, Wells Fargo & Company reduced their price target 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. Twenty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, CoreWeave currently has an average rating of “Moderate Buy” and a consensus price target of $125.16.
Get Our Latest Analysis on CRWV
Trending Headlines about CoreWeave
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
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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