Magnetar Financial sells CoreWeave (CRWV) stock worth $24.7 million

Magnetar Financial LLC, along with affiliated entities, sold 185,945 shares of CoreWeave, Inc. (CRWV) Class A Common Stock on September 19, 2025. The sales were executed at prices ranging from $121.90 to $128.66, resulting in a total transaction value of approximately $24.7 million. CoreWeave’s stock has shown remarkable momentum, delivering a 233% return over the past six months, though InvestingPro analysis indicates the stock is currently trading above its Fair Value.

The shares were sold indirectly through Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC and Magnetar Longhorn Fund LP, entities for which Magnetar Financial LLC serves as the investment advisor.

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, Magnetar Longhorn Fund LP directly holds 9,202,863 shares of CoreWeave , Inc. Class A Common Stock, Purpose Alternative Credit Fund - F LLC holds 3,946,507 and Purpose Alternative Credit Fund - T LLC holds 1,064,159. Track institutional trading patterns and access comprehensive valuation metrics with InvestingPro, where you’ll find 14 additional key insights about CoreWeave’s financial health and growth prospects.

In other recent news, CoreWeave has announced significant developments that could impact its future trajectory. The company revealed a £1.5 billion expansion in AI data center capacity in the UK, increasing its total commitment in the region to £2.5 billion. This investment is intended to support the UK Government’s Compute Roadmap and is expected to create local jobs. Additionally, CoreWeave entered a new order agreement with Nvidia under its existing Master Services Agreement, with an initial deal value of $6.3 billion.

Analyst firms have responded positively to these developments. Loop Capital initiated coverage with a Buy rating and a price target of $165.00, citing potential for profit and loss upside and possible expansion of the company’s EV/EBITDA multiple. Cantor Fitzgerald reiterated an Overweight rating with a $116.00 price target, highlighting the recent Nvidia deal. Furthermore, Citizens JMP upgraded CoreWeave from Market Perform to Market Outperform, setting a price target of $180.00, driven by anticipated growth in the GPU-as-a-Service market. Barclays maintained an Equalweight rating, also noting the significance of the Nvidia agreement.

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