Magnetar Financial Llc Sells 203,356 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 203,356 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $118.85, for a total value of $24,168,860.60. Following the completion of the sale, the insider owned 281,832 shares of the company’s stock, valued at approximately $33,495,733.20. This trade represents a 41.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 Wednesday, April 15th, Magnetar Financial Llc sold 2,604,094 shares of CoreWeave stock. The shares were sold at an average price of $118.67, for a total value 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 value 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

Shares of NASDAQ:CRWV opened at $116.85 on Friday. CoreWeave Inc. has a twelve month low of $33.51 and a twelve month high of $187.00. The firm has a market cap of $48.96 billion and a PE ratio of -36.52. 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 business has a fifty day moving average of $88.53 and a 200-day moving average of $94.26.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.28). The business had revenue of $1.57 billion during the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. CoreWeave’s revenue for the quarter was up 110.4% compared to the same quarter last year.

Hedge Funds Weigh In On CoreWeave

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Renaissance Capital LLC lifted its holdings in shares of CoreWeave by 49.9% during the 3rd quarter. Renaissance Capital LLC now owns 47,162 shares of the company’s stock valued at $6,454,000 after purchasing an additional 15,697 shares in the last quarter. Munro Partners lifted its holdings in shares of CoreWeave by 5,272.4% during the 3rd quarter. Munro Partners now owns 616,485 shares of the company’s stock valued at $84,366,000 after purchasing an additional 605,010 shares in the last quarter. AE Wealth Management LLC bought a new position in shares of CoreWeave during the 3rd quarter valued at about $4,241,000. HWG Holdings LP bought a new position in shares of CoreWeave during the 3rd quarter valued at about $1,863,000. Finally, Hidden Lake Asset Management LP bought a new position in shares of CoreWeave during the 3rd quarter valued at about $14,814,000.

CoreWeave News Summary

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Major customer commitments: Jane Street agreed to commit roughly $6 billion of spend to CoreWeave’s AI cloud and separately invested ~$1 billion of equity, anchoring multi‑year revenue and signaling institutional demand. CoreWeave Lands $6B Jane Street Deal
• Positive Sentiment: Huge expansion with Meta: reports of ~ $21 billion in multi‑year commitments from Meta further strengthen the company’s long‑term revenue backlog and scale thesis. CoreWeave Just Locked In $21 Billion From Meta
• Positive Sentiment: Technology and customer momentum: wins with Anthropic and being the first hyperscaler to deploy NVIDIA’s GB300 NVL72 strengthen CoreWeave’s product positioning for large AI customers. CoreWeave deploys NVIDIA GB300 NVL72
• Positive Sentiment: Analyst support: Wolfe Research initiated coverage with an “outperform” and $150 target, and several other upgrades/positive notes are helping fund flows and sentiment. Wolfe Research initiates coverage
• Neutral Sentiment: Insider selling flagged: multiple insiders (CEO COO and others) sold large blocks via pre‑arranged Rule 10b5‑1 plans; these are significant dollar amounts and create headline risk, but filings indicate planned sales rather than opportunistic leaks. Sachin Jain Form 4
• Negative Sentiment: High‑cost debt and capital needs: CoreWeave priced $1.0B of 9.75% senior notes (closing April 21) and has been expanding bond offerings — these show access to capital but at high rates, increasing interest burden and leverage risk. CoreWeave prices $1B of 9.75% Senior Notes
• Negative Sentiment: Cash burn / CapEx risk: analysts warn that the business will need tens of billions in CapEx to support these customer commitments, raising dilution and margin concerns as CoreWeave scales. Seeking Alpha: Cash cost is massive

Analysts Set New Price Targets

Several equities analysts recently issued reports on CRWV shares. Evercore reiterated an “outperform” rating and issued a $150.00 price target on shares of CoreWeave in a report on Wednesday. Citizens Jmp reiterated a “market outperform” rating and issued a $180.00 price target on shares of CoreWeave in a report on Friday, February 27th. Mizuho raised their price target on CoreWeave from $95.00 to $105.00 and gave the company a “neutral” rating in a report on Tuesday. Bank of America upgraded CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a report on Tuesday, March 24th. Finally, Roth Mkm reiterated a “buy” rating on shares of CoreWeave in a report on Monday, February 23rd. Twenty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, CoreWeave presently has a consensus rating of “Moderate Buy” and an average price target of $124.66.

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.