Magnetar Financial Llc Sells 323,452 Shares of CoreWeave (NASDAQ:CRWV) Stock

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 323,452 shares of the business’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $118.26, for a total transaction of $38,251,433.52. Following the transaction, the insider owned 279,489 shares in the company, valued at $33,052,369.14. This represents a 53.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Magnetar Financial Llc also recently made the following trade(s):

• On Monday, April 20th, Magnetar Financial Llc sold 319,835 shares of CoreWeave stock. The shares were sold at an average price of $117.33, for a total transaction of $37,526,240.55.
• 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 transaction 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 stock was 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.
• 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 value of $24,168,860.60.

CoreWeave Stock Performance

Shares of NASDAQ CRWV opened at $117.42 on Friday. 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 Inc. has a 12 month low of $38.80 and a 12 month high of $187.00. The stock has a 50 day moving average of $90.32 and a 200-day moving average of $94.04. The company has a market capitalization of $49.20 billion and a P/E ratio of -36.69.

CoreWeave (NASDAQ:CRWV) last posted its quarterly 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). CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The business had revenue of $1.57 billion during the quarter. The company’s revenue was up 110.4% on a year-over-year basis. As a group, equities research analysts predict that CoreWeave Inc. will post -4.16 EPS for the current year.

Key CoreWeave News

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

Hedge Funds Weigh In On CoreWeave

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in CoreWeave by 275.6% in the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after purchasing an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC grew its position in shares of CoreWeave by 446,194.0% during the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after purchasing an additional 17,847,760 shares in the last quarter. Deutsche Bank AG grew 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 worth $273,039,000 after purchasing an additional 3,796,077 shares in the last quarter. Altimeter Capital Management LP bought a new position in shares of CoreWeave during the fourth quarter worth approximately $230,099,000. Finally, Alyeska Investment Group L.P. raised its position in shares of CoreWeave by 300.0% in the fourth 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 in the last quarter.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Macquarie Infrastructure restated a “neutral” rating and set a $115.00 target price on shares of CoreWeave in a research note on Tuesday, January 27th. Citigroup decreased their price target on shares of CoreWeave from $135.00 to $126.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft raised shares of CoreWeave from a “hold” rating to a “buy” rating and increased their price target for the company from $100.00 to $140.00 in a report on Tuesday, January 27th. The Goldman Sachs Group assumed coverage on shares of CoreWeave in a research report on Monday, January 12th. They set a “neutral” rating and a $86.00 price objective for the company. Finally, Jefferies Financial Group reduced their price objective on CoreWeave from $155.00 to $120.00 and set a “buy” rating for the company in a report on Monday, January 5th. Twenty analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoreWeave presently has an average rating of “Moderate Buy” and a consensus target price of $125.16.

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.