CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) major shareholder Magnetar Financial Llc sold 307,131 shares of the business’s stock in a transaction dated 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 sale, the insider directly owned 220,810 shares of the company’s stock, valued at $24,013,087.50. This represents a 58.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major 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 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 value 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 value 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 value of $14,637,212.16.
CoreWeave Price Performance
Shares of NASDAQ:CRWV traded down $1.03 during trading on Friday, reaching $105.26. The stock had a trading volume of 33,275,165 shares, compared to its average volume of 32,287,830. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.31 and a current ratio of 0.46. The business has a fifty day moving average price of $90.50 and a 200-day moving average price of $95.01. The stock has a market cap of $48.30 billion, a PE ratio of -28.84 and a beta of 7.44. CoreWeave Inc. has a 1-year low of $60.55 and a 1-year high of $153.20.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock valued at $1,999,421,000 after purchasing an additional 20,487,478 shares during the last quarter. Proficio Capital Partners LLC boosted its position in shares of CoreWeave by 446,194.0% during the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after buying an additional 17,847,760 shares during the period. Deutsche Bank AG grew its stake in shares of CoreWeave by 22,624.0% in the fourth 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 in the last quarter. Altimeter Capital Management LP acquired a new stake in shares of CoreWeave in the fourth quarter valued at $230,099,000. Finally, Alyeska Investment Group L.P. raised its holdings in shares of CoreWeave by 300.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock valued at $286,440,000 after buying an additional 3,000,000 shares during the period.
Trending Headlines about CoreWeave
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
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on CRWV shares. DA Davidson restated a “neutral” rating and set a $100.00 price target (down from $175.00) on shares of CoreWeave in a research report on Monday, May 18th. Weiss Ratings raised shares of CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 24th. Raymond James Financial lowered CoreWeave from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Jefferies Financial Group downgraded CoreWeave from a “buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Wolfe Research restated an “outperform” rating on shares of CoreWeave in a report on Monday, July 6th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, CoreWeave currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.72.
Read Our Latest Report on CoreWeave
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.
Further Reading
- Five stocks we like better than CoreWeave
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for CoreWeave Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreWeave and related companies with MarketBeat.com's FREE daily email newsletter.
