CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) major shareholder Magnetar Financial Llc sold 6,564 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $117.84, for a total transaction of $773,501.76. Following the transaction, the insider owned 269,506 shares in the company, valued at approximately $31,758,587.04. The trade was a 2.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major 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 stock was sold at an average price of $119.91, for a total transaction of $154,069,481.16.
- 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 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 shares were 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 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 shares were sold at an average price of $118.67, for a total transaction of $50,169,166.54.
CoreWeave Stock Performance
NASDAQ CRWV opened at $119.01 on Monday. CoreWeave Inc. has a one year low of $45.80 and a one year high of $187.00. The company’s 50 day moving average price is $91.88 and its 200 day moving average price is $92.51. 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 firm has a market capitalization of $52.72 billion, a price-to-earnings ratio of -37.19 and a beta of 7.84.
Institutional Trading of CoreWeave
A number of hedge funds have recently made changes to their positions in the stock. International Assets Investment Management LLC grew its position in shares of CoreWeave by 48.8% during the first quarter. International Assets Investment Management LLC now owns 40,993 shares of the company’s stock worth $3,215,000 after buying an additional 13,437 shares in the last quarter. Diversify Wealth Management LLC grew its position in shares of CoreWeave by 364.4% during the first quarter. Diversify Wealth Management LLC now owns 18,983 shares of the company’s stock worth $1,471,000 after buying an additional 14,895 shares in the last quarter. 180 Wealth Advisors LLC grew its position in shares of CoreWeave by 123.4% during the first quarter. 180 Wealth Advisors LLC now owns 32,671 shares of the company’s stock worth $2,531,000 after buying an additional 18,049 shares in the last quarter. Fifth Third Bancorp grew its position in shares of CoreWeave by 374.5% during the first quarter. Fifth Third Bancorp now owns 4,588 shares of the company’s stock worth $355,000 after buying an additional 3,621 shares in the last quarter. Finally, Candriam S.C.A. acquired a new stake in shares of CoreWeave during the first quarter worth approximately $1,103,000.
Trending Headlines about CoreWeave
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
Analyst Upgrades and Downgrades
Several research firms recently commented on CRWV. Truist Financial raised their price target on shares of CoreWeave from $84.00 to $85.00 and gave the company a “hold” rating in a report on Friday, February 27th. Oppenheimer increased their price objective on shares of CoreWeave from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of CoreWeave from a “hold” rating to a “buy” rating and increased their price objective for the company from $100.00 to $140.00 in a research report on Tuesday, January 27th. Wolfe Research assumed coverage on shares of CoreWeave in a research report on Thursday, April 16th. They issued an “outperform” rating and a $150.00 price objective for the company. Finally, DA Davidson increased their price objective on shares of CoreWeave from $125.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Twenty investment 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $126.69.
Read Our Latest Stock Analysis on CRWV
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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