Magnetar Financial Llc Sells 319,835 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 319,835 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $117.33, for a total value of $37,526,240.55. Following the transaction, the insider directly owned 280,668 shares in the company, valued at approximately $32,930,776.44. This trade represents a 53.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 Tuesday, April 21st, Magnetar Financial Llc sold 323,452 shares of CoreWeave stock. The stock was sold at an average price of $118.26, for a total value of $38,251,433.52.
• 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 stock was 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 transaction 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 transaction of $26,977,723.50.
• On Friday, April 17th, Magnetar Financial Llc sold 203,356 shares of CoreWeave stock. The shares were sold at an average price of $118.85, for a total transaction of $24,168,860.60.

CoreWeave Stock Performance

CRWV opened at $117.42 on Friday. The company has a market cap of $49.20 billion and a price-to-earnings ratio of -36.69. The company’s fifty day moving average price is $90.32 and its two-hundred day moving average price is $94.04. CoreWeave Inc. has a 1-year low of $38.80 and a 1-year high of $187.00. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 4.46.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Thursday, February 26th. The company reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.28). CoreWeave had a negative return on equity of 33.82% and a negative net margin of 22.75%.The business had revenue of $1.57 billion for the quarter. The firm’s quarterly revenue was up 110.4% compared to the same quarter last year. On average, analysts expect that CoreWeave Inc. will post -4.16 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Roth Mkm reissued a “buy” rating on shares of CoreWeave in a research note on Monday, February 23rd. Bank of America raised CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Tuesday, March 24th. Evercore reissued an “outperform” rating and issued a $150.00 price target on shares of CoreWeave in a research report on Wednesday, April 15th. HC Wainwright restated a “buy” rating and set a $180.00 price objective on shares of CoreWeave in a research note on Monday, March 2nd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a report on Friday, February 27th. Twenty analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, CoreWeave currently has an average rating of “Moderate Buy” and a consensus target price of $125.16.

Hedge Funds Weigh In On CoreWeave

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in CoreWeave by 275.6% during the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after acquiring an additional 20,487,478 shares during the period. Proficio Capital Partners LLC grew its stake in CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after purchasing an additional 17,847,760 shares during the period. Clear Street Group Inc. grew its stake in CoreWeave by 57.2% in the 4th quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock valued at $333,260,000 after purchasing an additional 1,692,916 shares during the period. Alyeska Investment Group L.P. increased its position in shares of CoreWeave by 300.0% during 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 purchasing an additional 3,000,000 shares during the last quarter. Finally, Deutsche Bank AG increased its position in shares of CoreWeave by 22,624.0% during the 4th quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock valued at $273,039,000 after purchasing an additional 3,796,077 shares during the last quarter.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: High revenue growth underpins the bull case: CoreWeave reported ~110% year‑over‑year revenue growth for the last reported quarter, reinforcing investor belief in sustained GPU/AI demand and supporting valuation momentum. MarketBeat: CRWV profile & earnings recap
• Positive Sentiment: Jim Cramer continues to highlight CoreWeave as an aggressive buy while warning of volatility — his remarks can attract retail interest and keep demand for the shares. Jim Cramer: Spills The Beans on CoreWeave
• Positive Sentiment: Analysts and industry pieces point to “demand locked” and a buildout race — suggesting strong forward bookings and need for capital investment, which supports long‑term revenue trajectory. Seeking Alpha: Demand Is Locked
• Neutral Sentiment: Company is planning sizable debt and capital raises: markets are pricing the moves as growth capital for rapid expansion, but increased leverage and dilution risk add ambiguity and volatility. Yahoo: CoreWeave issuing billions in debt
• Negative Sentiment: Large insider and major‑holder sales this week — Magnetar disclosed massive reductions (multiple filings showing >50% cut in its position across several days) and senior executives sold into a 10b5‑1 plan; these transactions materially increase supply and are typically perceived negatively by the market. Magnetar SEC filing InsiderTrades alert
• Negative Sentiment: Recent earnings showed a meaningful EPS miss and negative margins (cash‑burn/margin risks); that report plus analyst previews highlighting margin/execution risk temper enthusiasm and can drive short‑term selling. MarketBeat: earnings & analyst notes Seeking Alpha: Cautious ahead of earnings

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.