Insider Selling: CoreWeave (NASDAQ:CRWV) Major Shareholder Sells $14,637,212.16 in Stock

CoreWeave Inc. (NASDAQ:CRWV) major shareholder Magnetar Financial Llc sold 112,111 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $130.56, for a total value of $14,637,212.16. Following the sale, the insider directly owned 241,920 shares in the company, valued at $31,585,075.20. This trade represents a 31.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 Wednesday, May 6th, Magnetar Financial Llc sold 1,202,656 shares of CoreWeave stock. The shares were sold at an average price of $136.73, for a total value of $164,439,154.88.
• On Wednesday, May 6th, Magnetar Financial Llc sold 797,884 shares of CoreWeave stock. The shares were sold at an average price of $136.71, for a total value of $109,078,721.64.
• On Thursday, May 7th, Magnetar Financial Llc sold 587,010 shares of CoreWeave stock. The shares were sold at an average price of $129.91, for a total value of $76,258,469.10.
• On Thursday, May 7th, Magnetar Financial Llc sold 159,168 shares of CoreWeave stock. The shares were sold at an average price of $129.91, for a total value of $20,677,514.88.
• On Monday, May 4th, Magnetar Financial Llc sold 1,155,164 shares of CoreWeave stock. The shares were sold at an average price of $127.29, for a total value of $147,040,825.56.
• On Monday, May 4th, Magnetar Financial Llc sold 420,227 shares of CoreWeave stock. The shares were sold at an average price of $127.29, for a total value of $53,490,694.83.
• On Tuesday, May 5th, Magnetar Financial Llc sold 978,764 shares of CoreWeave stock. The shares were sold at an average price of $127.68, for a total value of $124,968,587.52.
• On Tuesday, May 5th, Magnetar Financial Llc sold 349,437 shares of CoreWeave stock. The shares were sold at an average price of $127.68, for a total value of $44,616,116.16.
• On Friday, May 1st, Magnetar Financial Llc sold 209,157 shares of CoreWeave stock. The shares were sold at an average price of $119.91, for a total value of $25,080,015.87.
• On Thursday, April 30th, Magnetar Financial Llc sold 6,564 shares of CoreWeave stock. The shares were sold at an average price of $117.84, for a total value of $773,501.76.

CoreWeave Stock Down 7.1%

CRWV stock opened at $100.39 on Friday. CoreWeave Inc. has a fifty-two week low of $63.80 and a fifty-two week high of $187.00. The business’s 50-day moving average is $105.60 and its two-hundred day moving average is $91.52. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.31 and a current ratio of 0.31. The company has a market cap of $44.93 billion, a price-to-earnings ratio of -32.28 and a beta of 7.14.

CoreWeave (NASDAQ:CRWV) last posted its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The firm had revenue of $2.08 billion during the quarter. During the same quarter last year, the company posted ($0.60) earnings per share. The business’s revenue for the quarter was up 111.6% compared to the same quarter last year. As a group, analysts forecast that CoreWeave Inc. will post -4.57 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on CRWV. Evercore reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of CoreWeave in a research note on Wednesday, April 15th. Jefferies Financial Group raised their price objective on CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Needham & Company LLC reaffirmed a “hold” rating on shares of CoreWeave in a research note on Friday, February 27th. BNP Paribas Exane began coverage on CoreWeave in a research note on Tuesday. They issued an “outperform” rating and a $192.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CoreWeave in a research note on Monday, May 4th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, CoreWeave has an average rating of “Moderate Buy” and an average target price of $131.52.

Institutional Trading of CoreWeave

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRWV. Sivia Capital Partners LLC bought a new stake in CoreWeave during the 2nd quarter valued at approximately $39,824,000. Quantbot Technologies LP bought a new stake in CoreWeave during the 2nd quarter valued at approximately $311,000. Invesco Ltd. bought a new stake in CoreWeave during the 2nd quarter valued at approximately $882,000. First Trust Advisors LP bought a new stake in CoreWeave during the 2nd quarter valued at approximately $20,260,000. Finally, Baird Financial Group Inc. bought a new stake in CoreWeave during the 2nd quarter valued at approximately $455,000.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: BNP Paribas initiated coverage on CoreWeave with an Outperform rating and a $192 price target, reinforcing the case that CRWV remains undervalued relative to its AI growth prospects. BNP Paribas Initiates Coverage on CoreWeave. That Means CRWV Stock Could Soar 71% from Here.
• Positive Sentiment: One analysis argued CoreWeave is “underappreciated,” citing stronger near-term revenue visibility, a large backlog, and sold-out 2026 capacity versus peers, which may improve investor confidence in its execution. Nebius Isn’t Expensive, But CoreWeave Is Underappreciated
• Positive Sentiment: CoreWeave expanded multi-year AI infrastructure deals with Anthropic and Meta, including a Meta contract extending to around 2032, which supports future revenue visibility and strengthens the company’s AI infrastructure story. CoreWeave’s Long-Term AI Deals Reframe Growth And Risk For Investors
• Positive Sentiment: CoreWeave is set to join the Russell 3000 Index, which could increase institutional ownership and trading interest in CRWV. CoreWeave’s Long-Term AI Deals Reframe Growth And Risk For Investors
• Neutral Sentiment: Several recent insider sales by the CEO, COO, and a major shareholder were disclosed under pre-arranged trading plans, so they do not necessarily signal a change in fundamentals, but they may still weigh on short-term sentiment. Magnetar Financial Llc Sells 112,111 Shares of CoreWeave (NASDAQ:CRWV) Stock
• Negative Sentiment: CoreWeave’s latest earnings showed a wider-than-expected loss, and the company remains unprofitable with a highly leveraged balance sheet, which keeps valuation and execution risk in focus for investors.

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.