Magnetar Financial LLC Sells 13,791,931 Shares of CoreWeave Inc. $CRWV

Magnetar Financial LLC reduced its holdings in CoreWeave Inc. (NASDAQ:CRWV) by 16.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,191,394 shares of the company’s stock after selling 13,791,931 shares during the period. CoreWeave comprises 48.1% of Magnetar Financial LLC’s holdings, making the stock its largest position. Magnetar Financial LLC owned about 0.18% of CoreWeave worth $4,883,186,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp acquired a new stake in CoreWeave in the third quarter valued at approximately $27,000. Rothschild Investment LLC grew its holdings in CoreWeave by 10,700.0% in the third quarter. Rothschild Investment LLC now owns 216 shares of the company’s stock valued at $30,000 after purchasing an additional 214 shares during the period. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in CoreWeave in the third quarter valued at approximately $30,000. Pin Oak Investment Advisors Inc. acquired a new stake in CoreWeave in the third quarter valued at approximately $34,000. Finally, Cornerstone Planning Group LLC grew its holdings in CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after purchasing an additional 251 shares during the period.

Trending Headlines about CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave’s new MLPerf Training v6.0 results showed the company set record AI training performance, including training DeepSeek-V3 in about two minutes on a large NVIDIA GB300 cluster. That helps reinforce CoreWeave’s credibility as a high-performance AI cloud provider and may support the stock’s AI-infrastructure growth story.
• Positive Sentiment: Analysts and market commentary point to potential upside in CoreWeave’s second-quarter backlog, with Cantor Fitzgerald reportedly seeing stronger-than-expected contract growth based on disclosures tied to a bond offering. Investors appear to be betting on a meaningful backlog beat.
• Positive Sentiment: CoreWeave was also lifted by Nasdaq-100 inclusion chatter and bullish coverage calling the shares undervalued, which can draw additional index-related and momentum buying.
• Positive Sentiment: Some commentary argues CoreWeave has attractive upside versus peers in AI cloud and data-center infrastructure, with bullish models citing continued expansion in AI demand and contract wins.
• Neutral Sentiment: The company also highlighted a deployment and validation of NVIDIA Vera Rubin NVL72 at rack scale, underscoring product and engineering progress, though the immediate stock impact is less clear.
• Negative Sentiment: A new article warned that CoreWeave could be materially overvalued because of ongoing capex intensity, suggesting investors remain worried about the “capex treadmill” required to keep growing the business.
• Negative Sentiment: Separate coverage noted insider selling by the CFO and another report said liabilities are piling up, both of which may temper enthusiasm around the rally.

CoreWeave Trading Up 9.7%

Shares of CRWV stock opened at $117.03 on Wednesday. The company’s 50-day moving average price is $109.03 and its 200-day moving average price is $93.09. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The stock has a market cap of $52.38 billion, a price-to-earnings ratio of -37.63 and a beta of 7.18. CoreWeave Inc. has a twelve month low of $63.80 and a twelve month high of $187.00.

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. BNP Paribas Exane assumed coverage on shares of CoreWeave in a research note on Tuesday, June 2nd. They set an “outperform” rating and a $192.00 target price for the company. Truist Financial boosted their target price on shares of CoreWeave from $85.00 to $131.00 and gave the stock a “hold” rating in a research note on Friday, May 8th. Sanford C. Bernstein reissued an “underperform” rating on shares of CoreWeave in a research note on Thursday, June 11th. Roth Mkm reissued a “buy” rating and set a $150.00 target price on shares of CoreWeave in a research note on Friday, May 8th. Finally, Mizuho boosted their target price on shares of CoreWeave from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, CoreWeave has an average rating of “Moderate Buy” and a consensus price target of $131.52.

Insider Activity at CoreWeave

In other CoreWeave news, CFO Nitin Agrawal sold 63,891 shares of CoreWeave stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $93.35, for a total transaction of $5,964,224.85. Following the completion of the sale, the chief financial officer directly owned 252,200 shares in the company, valued at $23,542,870. This trade represents a 20.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Michael N. Intrator sold 200,000 shares of CoreWeave stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $98.88, for a total transaction of $19,776,000.00. Following the sale, the chief executive officer owned 3,676,815 shares of the company’s stock, valued at approximately $363,563,467.20. This represents a 5.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 27,373,153 shares of company stock valued at $3,098,346,558 in the last ninety days.

CoreWeave Company Profile

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.