Magnetar entities report multiple CRWV Class A sales at ~$137–$141
Rhea-AI Filing Summary
Magnetar-affiliated holders reported multiple sales of CoreWeave Class A common stock on 10/02/2025. The Form 4 shows a sequence of dispositions by Magnetar Financial LLC and related entities and individuals, executed at weighted-average prices ranging roughly from $137.00 to $141.11. The filings list many individual sale lines across several Magnetar funds (e.g., CW Opportunity LLC, CW Opportunity 2 LP, Longhorn Special Opportunities Fund LP), with post-transaction indirect beneficial ownership positions reported for each account.
The reporting parties are identified as a Director and 10% owner through a structure of advisory and management entities. Footnotes state the prices are weighted averages from multiple transactions and disclaim direct beneficial ownership except to the extent of pecuniary interest.
Positive
- Transparent compliance: Form 4 timely discloses the sales and provides weighted‑average price ranges in footnotes
- Footnote detail: Reporting offers to provide breakdown of shares sold at each price within the disclosed ranges
Negative
- Large insider disposals: A Director and entities tied to a 10% owner reported multiple sales on 10/02/2025, reducing indirect holdings
- Concentration of sellers: Multiple Magnetar funds executed sales the same day, which could be viewed as coordinated liquidation from a major holder
Insights
TL;DR: Magnetar entities performed multiple Class A stock sales on 10/02/2025 at weighted prices near $137–$141.
The Form 4 discloses coordinated dispositions by Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman, identified as a Director and 10% owner through affiliated funds. This is a formal insider disclosure under Section 16 and reflects transfers from several named funds to third parties.
Because the filings show many separate sale lines with weighted‑average prices and footnotes explaining ranges, the activity appears executed across multiple trades rather than a single block trade. The filings also include disclaimers that the reporting entities disclaim beneficial ownership except for pecuniary interest, which is typical in fund reporting.
TL;DR: Multiple small-to-large disposals were reported, executed at prices averaging about $137.45, $138.03, $138.33, and $140.53 across lines.
The transaction codes show sales (Code S) on a single date, indicating realized liquidity was taken across several Magnetar-held accounts including CW Opportunity LPs and various Magnetar funds. The presence of many sale lines and post‑transaction balances implies a material reallocation of shares within these managed accounts.
This Form 4 is investor‑material insofar as it notifies market participants that a named large holder and director reduced positions on 10/02/2025 at announced price ranges.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,936 | $137.45 | $953K |
| Sale | Class A Common Stock | 58,315 | $138.13 | $8.06M |
| Sale | Class A Common Stock | 150 | $139.19 | $21K |
| Sale | Class A Common Stock | 8,180 | $140.81 | $1.15M |
| Sale | Class A Common Stock | 242,234 | $138.03 | $33.44M |
| Sale | Class A Common Stock | 28,426 | $138.33 | $3.93M |
| Sale | Class A Common Stock | 16,556 | $140.53 | $2.33M |
| Sale | Class A Common Stock | 121,830 | $138.03 | $16.82M |
| Sale | Class A Common Stock | 14,297 | $138.33 | $1.98M |
| Sale | Class A Common Stock | 8,328 | $140.53 | $1.17M |
| Sale | Class A Common Stock | 31,762 | $138.03 | $4.38M |
| Sale | Class A Common Stock | 3,728 | $138.33 | $516K |
| Sale | Class A Common Stock | 2,172 | $140.53 | $305K |
| Sale | Class A Common Stock | 3,287 | $138.03 | $454K |
| Sale | Class A Common Stock | 387 | $138.33 | $54K |
| Sale | Class A Common Stock | 226 | $140.53 | $32K |
| Sale | Class A Common Stock | 70,799 | $138.03 | $9.77M |
| Sale | Class A Common Stock | 8,310 | $138.33 | $1.15M |
| Sale | Class A Common Stock | 4,842 | $140.53 | $680K |
| Sale | Class A Common Stock | 97,191 | $138.03 | $13.42M |
| Sale | Class A Common Stock | 11,405 | $138.33 | $1.58M |
| Sale | Class A Common Stock | 6,644 | $140.53 | $934K |
| Sale | Class A Common Stock | 27,527 | $138.03 | $3.80M |
| Sale | Class A Common Stock | 3,230 | $138.33 | $447K |
| Sale | Class A Common Stock | 1,882 | $140.53 | $264K |
| Sale | Class A Common Stock | 103,634 | $138.03 | $14.30M |
| Sale | Class A Common Stock | 12,162 | $138.33 | $1.68M |
| Sale | Class A Common Stock | 7,084 | $140.53 | $996K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $137.00 to $137.99, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnotes 2, 3, 4 and 5. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $138.00 to $138.99, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $140.42 to $141.11, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $137.20 to $138.17, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $138.20 to $138.50, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity LLC, CW Opportunity 2 LP, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd and Longhorn Special Opportunities Fund LP, the general partner of Magnetar Structured Credit Fund, LP and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds"). Magnetar Capital Partners LP ("Magnetar Capital Partners") is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management") is the general partner of Magnetar Capital Partners. The manager of Supernova Management is David J. Snyderman, a citizen of the United States of America. Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein. These securities are held directly by CW Opportunity 2 LP. These securities are held directly by CW Opportunity LLC. These securities are held directly by Longhorn Special Opportunities Fund LP. These securities are held directly by Magnetar Alpha Star Fund LLC. These securities are held directly by Magnetar Capital Master Fund, Ltd. These securities are held directly by Magnetar Constellation Master Fund, Ltd. These securities are held directly by Magnetar Lake Credit Fund LLC. These securities are held directly by Magnetar SC Fund Ltd. These securities are held directly by Magnetar Structured Credit Fund, LP.