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Magnetar Financial LLC, along with Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, reported selling shares of CoreWeave, Inc. (CRWV) Class A Common Stock on September 18, 2025. The sales amounted to a total of $127.7 million, with prices ranging from $119.82 to $122.71. The stock, currently trading at $133.24, has seen remarkable growth with a 233% return over the past six months, according to InvestingPro data.
The transactions involved the disposal of 1,055,884 shares from the $64.7 billion market cap company. Following these transactions, the entities still hold a significant number of CoreWeave , Inc. shares indirectly. InvestingPro analysis indicates potential challenges ahead, with short-term obligations exceeding liquid assets and a current ratio of 0.52.
Magnetar Financial LLC serves as the investment advisor to several Magnetar 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, and David J. Snyderman is the manager of Supernova Management. Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein. For a comprehensive analysis of CoreWeave’s financial health, valuation metrics, and growth prospects, access the detailed Pro Research Report available on InvestingPro.
In other recent news, CoreWeave has announced a significant expansion in its AI data center capacity in the United Kingdom, with an additional investment of £1.5 billion, raising its total UK commitment to £2.5 billion. This move is expected to bolster the UK’s AI infrastructure and create local jobs. In financial developments, CoreWeave has entered a new order agreement with Nvidia valued at $6.3 billion under their existing Master Services Agreement, as disclosed in a recent 8-K filing. This deal is set to enhance CoreWeave’s infrastructure capabilities with Nvidia committed to purchasing any unsold capacity through 2032.
Analyst activity around CoreWeave has been notable. Loop Capital initiated coverage with a Buy rating and a price target of $165, citing potential for profit and loss upside and future multiple expansion. Cantor Fitzgerald reiterated its Overweight rating with a $116 price target, highlighting the Nvidia agreement. Additionally, Citizens JMP upgraded CoreWeave to Market Outperform with a price target of $180, pointing to accelerating trends in the GPU-as-a-Service market. Barclays maintained an Equalweight rating, also emphasizing the Nvidia deal’s significance. These recent developments reflect a strong focus on CoreWeave’s strategic growth and partnerships.
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