Magnetar Financial sells CoreWeave (CRWV) shares worth $21.29 million

Magnetar Financial LLC, a ten percent owner of CoreWeave, Inc. (CRWV), sold 174,312 shares of Class A Common Stock on September 18, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales were executed at weighted average prices ranging from $120.38 to $122.71, resulting in a total transaction value of $21.29 million. The stock, which has surged over 233% in the past six months according to InvestingPro data, currently trades at $133.24 and appears overvalued based on Fair Value analysis.

The reported sales were executed in multiple transactions across several entities affiliated with Magnetar Financial. Specifically, 69,383 shares were sold at an average price of $120.38, 17,978 shares at $121.31 and 2,042 shares at $122.71. An additional 55,893 shares were sold at $120.38, 14,489 shares at $121.31 and 1,639 shares at $122.71. The remaining 11,711 shares were sold at an average price of $120.38, with 3,030 shares sold at $121.31 and 347 shares at $122.71.

The shares are indirectly owned by Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC and Purpose Alternative Credit Fund - T LLC. Magnetar Financial LLC serves as the investment advisor to these funds. Magnetar Capital Partners LP is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC is the general partner of Magnetar Capital Partners. David J. Snyderman is the manager of Supernova Management LLC.

Following the transactions, the entities associated with Magnetar Financial continue to hold a significant number of CoreWeave, Inc. shares.

In other recent news, CoreWeave has made significant announcements that have captured the attention of investors. The company disclosed a new order agreement with Nvidia, valued at $6.3 billion, under its existing Master Services Agreement. This development was highlighted by Cantor Fitzgerald, which reiterated its Overweight rating for CoreWeave. Additionally, Citizens JMP upgraded CoreWeave’s stock rating to Market Outperform, setting a price target of $180.00, citing growth in the GPU-as-a-Service market.

In another major development, CoreWeave announced a £1.5 billion expansion in its AI infrastructure in the UK, bringing its total investment commitment in the region to £2.5 billion. This investment is part of the UK’s efforts to enhance its AI data center capacity and is expected to create jobs in engineering and operations. Meanwhile, Loop Capital initiated coverage on CoreWeave with a Buy rating and a price target of $165.00, noting potential for profit and loss upside and eventual multiple expansion. Barclays also maintained its Equalweight rating on the stock following the Nvidia deal.

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