Magnetar Financial sells Coreweave (CRWV) shares worth $97.2 million

Published 23/09/2025, 02:26
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Magnetar Financial LLC, along with related entities, including Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, reported selling shares of CoreWeave, Inc. (CRWV:CRWV) on September 22, 2025. The sales of Class A Common Stock amounted to a total value of $97.2 million, with prices ranging from $132.29 to $135.88. The transaction comes as CoreWeave , currently valued at $64.7 billion, shows a strong 12.19% return over the past week, according to InvestingPro data.

The transactions involved the sale of 739,303 shares of CoreWeave’s Class A Common Stock. InvestingPro analysis indicates the company trades at premium multiples with a P/B ratio of 26x and EV/EBITDA of 44.7x, while maintaining a FAIR financial health score. For deeper insights into CoreWeave’s valuation metrics and 15+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.

In other recent news, CoreWeave announced a significant £1.5 billion investment in AI data center capacity in the United Kingdom, increasing its total UK commitment to £2.5 billion. This expansion aims to bolster the UK’s infrastructure for AI workloads and is expected to create local jobs in engineering and operations. Additionally, CoreWeave disclosed a new order agreement with Nvidia under its existing Master Services Agreement, with an initial deal value of $6.3 billion. This agreement requires Nvidia to purchase any unsold capacity through April 13, 2032, with certain conditions.

In terms of analyst actions, Loop Capital initiated coverage on CoreWeave with a Buy rating and a price target of $165. Cantor Fitzgerald reiterated its Overweight rating, maintaining a price target of $116. Meanwhile, Citizens JMP upgraded CoreWeave’s stock from Market Perform to Market Outperform, setting a price target of $180. Barclays reiterated its Equalweight rating, also highlighting the Nvidia deal. These developments reflect analysts’ varied perspectives on CoreWeave’s potential and strategic moves.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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