Insider Selling: CoreWeave (NASDAQ:CRWV) Major Shareholder Sells $331,181.20 in Stock

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 2,770 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $119.56, for a total transaction of $331,181.20. Following the sale, the insider directly owned 269,530 shares in the company, valued at $32,225,006.80. This represents a 1.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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 Wednesday, April 22nd, Magnetar Financial Llc sold 961,169 shares of CoreWeave stock. The stock was sold at an average price of $122.14, for a total transaction 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 Thursday, April 23rd, Magnetar Financial Llc sold 296,160 shares of CoreWeave stock. The stock was sold at an average price of $122.21, for a total transaction of $36,193,713.60.
• 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 transaction 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 transaction 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 stock was 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 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.

CoreWeave Price Performance

Shares of NASDAQ:CRWV opened at $110.14 on Monday. The firm’s 50 day moving average price is $90.60 and its 200 day moving average price is $93.31. The stock has a market cap of $48.79 billion and a price-to-earnings ratio of -34.42. CoreWeave Inc. has a fifty-two week low of $39.50 and a fifty-two week high of $187.00. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 4.46.

CoreWeave (NASDAQ:CRWV) last issued its earnings results on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The firm 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%. The business’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 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CoreWeave

A number of hedge funds have recently modified their holdings of the business. IFM Investors Pty Ltd grew its position in shares of CoreWeave by 37.3% during the first quarter. IFM Investors Pty Ltd now owns 47,075 shares of the company’s stock worth $3,647,000 after acquiring an additional 12,783 shares during the last quarter. Intrua Financial LLC grew its position in shares of CoreWeave by 3.3% during the first quarter. Intrua Financial LLC now owns 4,632 shares of the company’s stock worth $359,000 after acquiring an additional 150 shares during the last quarter. Apollon Wealth Management LLC purchased a new position in shares of CoreWeave during the first quarter worth approximately $426,000. Patriot Financial Group Insurance Agency LLC purchased a new position in CoreWeave in the 1st quarter valued at $269,000. Finally, Gunderson Capital Management LLC purchased a new position in CoreWeave in the 1st quarter valued at $3,386,000.

Key CoreWeave News

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.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Roth Mkm reaffirmed a “buy” rating on shares of CoreWeave in a report on Monday, February 23rd. The Goldman Sachs Group assumed coverage on shares of CoreWeave in a report on Monday, January 12th. They issued a “neutral” rating and a $86.00 target price on the stock. UBS Group reaffirmed a “neutral” rating on shares of CoreWeave in a report on Friday, January 16th. Bank of America raised shares of CoreWeave from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a report on Tuesday, March 24th. Finally, Sanford C. Bernstein raised their target price on shares of CoreWeave from $56.00 to $67.00 and gave the company an “underperform” rating in a report on Tuesday, April 14th. Twenty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.