CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) major shareholder Magnetar Financial Llc sold 6,564 shares of CoreWeave stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $117.84, for a total value of $773,501.76. Following the sale, the insider owned 269,506 shares in the company, valued at $31,758,587.04. This trade represents a 2.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Magnetar Financial Llc also recently made the following trade(s):
- On Friday, May 1st, Magnetar Financial Llc sold 1,284,876 shares of CoreWeave stock. The shares were sold at an average price of $119.91, for a total value of $154,069,481.16.
- On Wednesday, April 22nd, Magnetar Financial Llc sold 961,169 shares of CoreWeave stock. The shares were sold at an average price of $122.14, for a total value 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 shares were 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 Friday, April 24th, Magnetar Financial Llc sold 2,770 shares of CoreWeave stock. The shares were sold at an average price of $119.56, for a total transaction of $331,181.20.
- On Tuesday, April 21st, Magnetar Financial Llc sold 323,452 shares of CoreWeave stock. The shares were 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 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.
CoreWeave Stock Performance
Shares of CRWV traded up $7.41 during mid-day trading on Friday, hitting $119.01. The stock had a trading volume of 27,331,728 shares, compared to its average volume of 32,131,860. CoreWeave Inc. has a 52 week low of $45.80 and a 52 week high of $187.00. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46. The business has a fifty day moving average price of $91.88 and a 200-day moving average price of $93.14. The firm has a market cap of $52.72 billion, a P/E ratio of -37.19 and a beta of 7.89.
Institutional Investors Weigh In On CoreWeave
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cornerstone Planning Group LLC grew its position in CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock worth $25,000 after buying an additional 251 shares in the last quarter. HighMark Wealth Management LLC bought a new position in shares of CoreWeave in the third quarter worth approximately $27,000. OLD Second National Bank of Aurora bought a new stake in CoreWeave during the third quarter valued at approximately $27,000. KERR FINANCIAL PLANNING Corp purchased a new position in CoreWeave in the 3rd quarter worth approximately $27,000. Finally, Aspect Partners LLC purchased a new stake in shares of CoreWeave during the 3rd quarter valued at $28,000.
Wall Street Analyst Weigh In
CRWV has been the topic of several research reports. Citizens Jmp reissued a “market outperform” rating and issued a $180.00 price target on shares of CoreWeave in a research report on Friday, February 27th. Mizuho boosted their target price on shares of CoreWeave from $95.00 to $105.00 and gave the company a “neutral” rating in a report on Tuesday, April 14th. The Goldman Sachs Group assumed coverage on CoreWeave in a report on Monday, January 12th. They issued a “neutral” rating and a $86.00 price target for the company. Needham & Company LLC reiterated a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. Finally, Sanford C. Bernstein raised their target price on CoreWeave from $56.00 to $67.00 and gave the stock an “underperform” rating in a research note on Tuesday, April 14th. 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. Based on data from MarketBeat, CoreWeave has a consensus rating of “Moderate Buy” and a consensus price target of $126.69.
Get Our Latest Stock Report on CRWV
More CoreWeave News
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Wells Fargo raised its price target and reiterated an Overweight stance, signaling institutional support and implied upside versus recent levels. Wells Fargo Forecasts Strong Price Appreciation for CoreWeave
- Positive Sentiment: Analyst upgrades and notes about increased client diversification sparked momentum buying; coverage frames CoreWeave as a beneficiary of growing AI infrastructure demand. CoreWeave Stock Rallies 8% Following Analyst Upgrades
- Positive Sentiment: Product update: CoreWeave expanded SUNK capabilities to speed AI cluster setup across multi?cloud and on?prem environments — a practical top?line growth driver if adoption accelerates. CoreWeave SUNK Expands Capabilities
- Neutral Sentiment: Earnings preview: Zacks warns Q1 EPS is expected to decline and CoreWeave lacks the usual setup for an earnings beat, increasing near?term volatility risk around the May 7 report. Earnings Preview: Q1 Expected to Decline
- Neutral Sentiment: Retail/flows noise: stories about high?profile funds (e.g., ARK/Cathie Wood mentions) raise attention but are unconfirmed and may not translate into sustained buying. Coverage on Cathie Wood and AI Stocks
- Negative Sentiment: Large insider selling: several insiders (Brian Venturo, Brannin McBee, CEO Michael Intrator, EVP Chen Goldberg) sold blocks under Rule 10b5?1 plans the week of Apr 27, creating headline risk and short?term selling pressure. Brian Venturo Sells 375,000 Shares
- Negative Sentiment: Industry/customer risk: coverage notes ripples from OpenAI’s spending warning and suggests major customers’ cadence could pressure demand for GPU cloud capacity. CoreWeave Tries to Shrug Off Ripple Effect from OpenAI’s Warning
- Negative Sentiment: Analyst caution: some research (Zacks, others) highlights CoreWeave’s capital intensity and higher risk profile versus steadier cloud peers, which could cap multiple expansion if investors rotate to lower?risk names. CoreWeave vs Snowflake Comparison
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.
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