Magnetar Financial sells Coreweave shares worth $182.25 million

Published 23/09/2025, 01:24
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Magnetar Financial LLC, along with Magnetar Capital Partners LP, Supernova Management LLC and Snyderman David J., entities and individuals with shared addresses, reported selling shares of CoreWeave, Inc. (CRWV) Class A Common Stock on September 19, 2025. The stock, currently trading at $133.24, has shown remarkable performance with a 233% return over the past six months, according to InvestingPro data. The sales amounted to a total value of $182.25 million, with prices ranging from $121.90 to $128.82.

The transactions involved the sale of CoreWeave , Inc. (CRWV) shares indirectly held by CW Opportunity LLC, CW Opportunity 2 LP, Magnetar Capital Master Fund, Ltd, Longhorn Special Opportunities Fund LP and Magnetar Alpha Star Fund LLC.

Following these transactions, the number of CoreWeave, Inc. (CRWV) shares owned following the transaction is 26,827,494. While the company maintains a FAIR financial health score, InvestingPro data reveals it’s currently unprofitable with high valuation multiples across various metrics. For detailed valuation analysis and 14 additional key insights about CRWV, investors can access the comprehensive Pro Research Report.

In other recent news, CoreWeave announced a significant expansion of its investment in AI infrastructure in the United Kingdom, committing an additional £1.5 billion, bringing its total UK investment to £2.5 billion. This move is aimed at enhancing Britain’s AI data center capacity 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, valued initially at $6.3 billion. Barclays reiterated its Equalweight rating on CoreWeave, highlighting the Nvidia deal’s terms, which include Nvidia’s obligation to purchase any unsold capacity through 2032.

Loop Capital initiated coverage on CoreWeave with a Buy rating and a price target of $165.00, citing potential for profit and loss upside and future expansion of EV/EBITDA multiples. Cantor Fitzgerald reiterated its Overweight rating with a $116.00 price target, emphasizing the importance of the recent Nvidia order. Citizens JMP upgraded CoreWeave’s stock to Market Outperform, setting a price target of $180.00, and pointed to trends in hyperscale outsourcing in the GPU-as-a-Service market as a positive indicator. These developments reflect CoreWeave’s strategic moves and the confidence various analysts have in its growth potential.

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