Street Calls of the Week
Magnetar Financial LLC, a ten percent owner in CoreWeave, Inc. (CRWV), reported selling shares of Class A Common Stock on September 16, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $61.6 billion, has seen its stock surge over 200% year-to-date, though InvestingPro analysis indicates the shares are trading above their Fair Value. The sales amounted to a total value of $9.35 million, with prices ranging from $121.44 to $124.65 per share.
The transactions involved the disposal of 76,178 shares across multiple sales. These sales were executed by Magnetar Financial LLC, Magnetar Capital Partners LP, and Supernova Management LLC.
Following these transactions, Magnetar Financial LLC and related entities continue to hold a significant number of CoreWeave, Inc. shares. The company maintains a high gross profit margin of 74.5%, though it currently faces challenges with short-term obligations exceeding liquid assets.
In other recent news, CoreWeave announced a £1.5 billion expansion of its AI data center capacity investment in the United Kingdom, bringing its total UK commitment to £2.5 billion. This investment is intended to support the UK Government’s Compute Roadmap and is expected to create local jobs in engineering and operations. Additionally, CoreWeave disclosed a significant new order agreement with Nvidia, valued at $6.3 billion, under their existing Master Services Agreement. The agreement stipulates that Nvidia will purchase any residual unsold capacity through April 2032, subject to certain conditions.
Analyst activity surrounding CoreWeave has been notable, with Cantor Fitzgerald reiterating its Overweight rating and a price target of $116.00. Citizens JMP upgraded CoreWeave’s stock rating from Market Perform to Market Outperform, setting a price target of $180.00, citing trends in hyperscale outsourcing in the GPU-as-a-Service market. Barclays maintained its Equalweight rating, highlighting the strategic importance of the Nvidia deal. These developments reflect CoreWeave’s growing influence in the cloud computing sector and its strategic partnerships.
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