Magnetar Financial sells CoreWeave (CRWV) stock worth $30.9m

Magnetar Financial LLC, a ten percent owner of CoreWeave, Inc. (NASDAQ:CRWV), has sold 207,537 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 $30,980,194. The transaction comes as CoreWeave’s stock has shown remarkable strength, with a 242% return over the past year. According to InvestingPro, the company now commands a market capitalization of nearly $71 billion.

The transactions were carried out across multiple entities affiliated with Magnetar Financial. These entities included Magnetar Longhorn Fund LP, Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC, and Magnetar Structured Credit Fund, LP. InvestingPro analysis indicates the company maintains a FAIR financial health score, with investors anticipating the next earnings report on November 12, 2025.

Following these transactions, Magnetar Financial and its affiliates continue to hold a significant number of CoreWeave , Inc. shares. For deeper insights into CoreWeave’s valuation and future prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro, along with 11 additional key ProTips for this high-growth stock.

In other recent news, CoreWeave has made significant strides with several key developments. The company announced the appointment of Jon Jones as its first Chief Revenue Officer, bringing over two decades of technology leadership experience to the role. Additionally, CoreWeave secured a partnership with Poolside to provide over 40,000 GPUs, a deal that Evercore ISI estimates could add approximately $5 billion to the company’s backlog. This partnership is part of a broader collaboration with Poolside to build a massive AI data center in West Texas, known as "Horizon," which aims to leverage natural gas for power and offer two gigawatts of computing capacity.

CoreWeave has also launched Serverless RL, a new reinforcement learning platform designed to simplify AI agent training. This platform promises nearly 1.4x faster training times and 40% lower costs compared to traditional GPU environments. The initiative is the first collaboration between CoreWeave and its recent acquisition, OpenPipe, offering a streamlined approach to reinforcement learning. These developments indicate CoreWeave’s ongoing efforts to expand its capabilities and market presence in the AI infrastructure space.

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