CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) major shareholder Magnetar Financial Llc sold 307,131 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the transaction, the insider directly owned 220,810 shares in the company, valued at approximately $24,013,087.50. The trade was a 58.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Magnetar Financial Llc also recently made the following trade(s):
- On Wednesday, August 12th, Magnetar Financial Llc sold 2,147,871 shares of CoreWeave stock. The shares were sold at an average price of $107.83, for a total transaction of $231,604,929.93.
- On Thursday, August 13th, Magnetar Financial Llc sold 1,921,259 shares of CoreWeave stock. The stock was sold at an average price of $111.27, for a total transaction of $213,778,488.93.
- On Tuesday, June 2nd, Magnetar Financial Llc sold 112,111 shares of CoreWeave stock. The stock was sold at an average price of $130.56, for a total transaction of $14,637,212.16.
CoreWeave Stock Down 1.0%
CRWV opened at $105.26 on Friday. CoreWeave Inc. has a twelve month low of $60.55 and a twelve month high of $153.20. The company has a quick ratio of 0.31, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The company has a 50-day moving average price of $90.50 and a 200 day moving average price of $95.01. The company has a market cap of $48.30 billion, a PE ratio of -28.84 and a beta of 7.44.
CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, beating analysts' consensus estimates of ($1.52) by $0.38. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The firm had revenue of $2.58 billion for the quarter. During the same period in the prior year, the business posted ($0.27) earnings per share. The company's quarterly revenue was up 112.5% compared to the same quarter last year. Sell-side analysts expect that CoreWeave Inc. will post -5.05 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on CRWV shares. Jefferies Financial Group lowered CoreWeave from a "buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. BTIG Research assumed coverage on CoreWeave in a research note on Wednesday, July 22nd. They issued a "buy" rating for the company. Barclays raised their price objective on CoreWeave from $90.00 to $105.00 and gave the company an "equal weight" rating in a report on Thursday. Cantor Fitzgerald set a $176.00 target price on shares of CoreWeave and gave the stock an "overweight" rating in a research note on Wednesday. Finally, Raymond James Financial cut shares of CoreWeave from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. Twenty-two equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $138.72.
Get Our Latest Stock Report on CoreWeave
CoreWeave News Summary
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: Citigroup raised its price target to $159 and upgraded CoreWeave to “Buy,” implying substantial potential upside from recent levels and reinforcing bullish analyst sentiment. Benzinga
- Positive Sentiment: CoreWeave’s strong second-quarter results remain the main catalyst: revenue increased 112% year over year to approximately $2.6 billion, adjusted EBITDA reached $1.51 billion, and the company reported a $104.2 billion backlog—or $129.2 billion including incremental commitments. Full-year revenue guidance was raised to $12.4 billion–$13.2 billion. Seeking Alpha article
- Positive Sentiment: Analysts and market commentators said hyperscaler results and rising AI data-center pricing validate the monetization of AI demand. Robert W. Baird lifted its target to $130, while other coverage remained constructive on CoreWeave’s growth prospects. Baird price target article
- Neutral Sentiment: Technical coverage remains bullish after the earnings-driven surge, but the pullback indicates investors may be taking profits and reassessing valuation following the rapid advance. Barron's technical analysis
- Negative Sentiment: Funding the growth plan remains a key risk. CoreWeave raised 2026 capital-expenditure expectations to $35 billion–$39 billion, while high debt and approximately $640 million in quarterly net interest expense could pressure cash flow and delay profitability. Zacks capex article
- Negative Sentiment: CEO Michael Intrator and co-founder Brannin McBee disclosed sizable sales executed under pre-arranged Rule 10b5-1 plans. Although planned transactions do not necessarily signal deteriorating business conditions, they can add pressure after a major rally. SEC insider filing
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of CRWV. Sivia Capital Partners LLC purchased a new stake in shares of CoreWeave in the second quarter valued at approximately $39,824,000. Quantbot Technologies LP purchased a new position in CoreWeave during the second quarter worth approximately $311,000. Invesco Ltd. purchased a new position in CoreWeave during the second quarter worth approximately $882,000. First Trust Advisors LP acquired a new position in CoreWeave during the second quarter worth $20,260,000. Finally, Baird Financial Group Inc. acquired a new position in CoreWeave during the second quarter worth $455,000.
CoreWeave Company Profile
(
Get Free Report)
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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