Magnetar funds sell $25.9 million in CoreWeave (CRWV) stock

Magnetar Financial LLC, along with related entities, sold $25.9 million worth of CoreWeave, Inc. (EXCHANGE:CRWV) Class A Common Stock on October 31, 2025. The sales occurred at prices ranging from $134.01 to $137.86 per share, close to CoreWeave ’s current trading price of $133.71. According to InvestingPro data, CRWV shares have surged 249.83% over the past year, though analysis suggests the stock is currently trading above its Fair Value.

The transactions involved the sale of shares held by various Magnetar Funds, including Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd, Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC and Magnetar Structured Credit Fund, LP.

Magnetar Financial LLC serves as the investment advisor to the Magnetar Funds, with Magnetar Capital Partners LP as its sole member and parent holding company. Supernova Management LLC is the general partner of Magnetar Capital Partners. David J. Snyderman is the administrative manager of Supernova Management LLC.

After the transactions, the Magnetar Funds continue to hold a significant number of CoreWeave, Inc. shares. CoreWeave, with a market capitalization of approximately $68 billion, is set to report earnings on November 10. InvestingPro analysis reveals the company is not yet profitable, with analyst targets ranging from $36 to $234 per share. For comprehensive insights on CRWV and 1,400+ other stocks, access the detailed Pro Research Report available on InvestingPro.

In other recent news, CoreWeave, Inc. announced that its proposed acquisition of Core Scientific did not proceed as planned due to insufficient stockholder approval. The termination of this all-stock transaction was confirmed after Core Scientific’s Special Meeting of Stockholders revealed the lack of necessary votes. Meanwhile, CoreWeave has reached a definitive agreement to acquire Marimo Inc., an AI development platform. This acquisition aims to integrate Marimo’s technology into CoreWeave’s cloud platform to enhance AI application development and deployment. Although the financial terms of the Marimo deal were not disclosed, it marks a strategic move for CoreWeave. Additionally, CoreWeave has unveiled plans to expand into the U.S. federal market, seeking FedRAMP and other authorizations to provide AI cloud services to government agencies. This expansion will focus on delivering secure and compliant cloud infrastructure as government agencies increase their use of AI technologies.

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