Magnetar Financial sells CoreWeave (CRWV) stock worth $26.8 million

Magnetar Financial LLC, a ten percent owner of CoreWeave, Inc. (CRWV), has reported selling 181,000 shares of Class A Common Stock on October 10, 2025. The sales were executed at prices ranging from $144.55 to $151.31, resulting in a total transaction value of $26,807,874. The transaction comes as CoreWeave , now valued at $74.18 billion, has seen its stock surge 246% year-to-date. According to InvestingPro analysis, the company is currently trading above its Fair Value.

The transactions involved multiple entities, including Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, each disclaiming beneficial ownership except to the extent of their pecuniary interest. The shares are held directly by Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Lake Credit Fund LLC and Magnetar SC Fund Ltd. InvestingPro subscribers can access detailed insider trading patterns and 12+ additional key insights about CoreWeave’s financial health and valuation metrics through the comprehensive Pro Research Report.

In other recent news, CoreWeave, Inc. has made significant strides with the release of Serverless RL, a managed reinforcement learning platform aimed at simplifying AI agent training. This new service, developed in collaboration with the recently acquired OpenPipe, promises to reduce costs and accelerate training times for enterprises by leveraging multiple GPUs. In addition, CoreWeave has announced an agreement to acquire Monolith AI Limited, which specializes in AI and machine learning solutions for engineering challenges, to enhance its AI cloud infrastructure.

Analysts at Evercore ISI have reiterated their Outperform rating for CoreWeave, citing the robustness of its GPU cloud business model and highlighting long-term contracts as a key differentiator. Meanwhile, CoreWeave’s CEO, Michael Intrator, confirmed there are no plans to revise the company’s acquisition bid for Core Scientific, a bitcoin mining firm, which has led to some investor disappointment. These developments underscore CoreWeave’s ongoing efforts to expand its capabilities and solidify its position in the AI and cloud computing sectors.

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