CoreWeave's 10% Owner Dumps Nearly $1 Billion

Hedge fund Magnetar Financial filed to report it sold nearly $987 million worth of CRWV shares last week. The trades happened between April 15 and April 24. Magnetar offloaded over 8.2 million shares at prices ranging from $117 to $124. The filings hit regulators on April 24, just two weeks after CoreWeave's market debut.

Also filing a notable exit was RDW backer AE Industrial Partners. The private equity firm sold $231 million in Redwire Corporation shares on April 22 at $10.85 each.

URI CEO Matthew Flannery filed on April 24 disclosing a $22.4 million sale of United Rentals stock. He sold 22,768 shares at nearly $985 each on the same day.

On the buying side, HOMB founder and Chairman/CEO John Allison put $2.7 million of his own money into Home BancShares stock. He bought 100,000 shares at $26.96 on April 17. That kind of open-market purchase by a founder-CEO is typically a show of confidence.

Activist investor JANA Partners also filed two purchases in LW. The firm bought 150,000 Lamb Weston shares across two trades for a combined $6.4 million, as it continues to push for changes at the frozen potato supplier.

This is not financial advice.