Magnetar Sells $231.6M of CoreWeave Stock
CRWV sits 74% above its 52-week low of $60.55.
Summary
Magnetar Financial sold $231.6 million of CoreWeave stock on August 12, 2026, reducing its stake by 2.15 million shares.
Key Events · Ownership and Investor Activity · CRWV
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Magnetar Sells $231.6M Stake
Magnetar Financial LLC sold 2,147,871 shares of CoreWeave Class A Common Stock for $231,601,955 on August 12, 2026, at prices ranging from $107.00 to $108.64 per share.
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Post-Sale Holdings
After the sale, Magnetar's indirect holdings total 17,208,727 shares, down from 19,356,598 shares before the transaction.
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Institutional Distribution Pattern
This sale adds to a 90-day insider selling trend totaling over $13.5 trillion in value, though that figure is dominated by a prior options transaction.
Analysis · CRWV · Technology
A major institutional holder has trimmed its position, with Magnetar Financial—a 10% owner—selling 2.15 million shares for $231.6 million on August 12, 2026, at prices between $107.00 and $108.64. While the sale amounts to only about 0.4% of CoreWeave's market capitalization, it follows a prior options transaction in June and extends a pattern of insider selling over the past 90 days.
At the time of this filing, CRWV was trading at $105.19 on NASDAQ in the Technology sector, with a market capitalization of approximately $57B. The 52-week trading range was $60.55 to $153.20. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.