CoreWeave CEO sells $30.7M in stock as shares dip below sale price
CoreWeave CEO Michael N. Intrator sold 307,592 Class A ordinary shares on September 8, 2026, totaling approximately $30.79 million, with the stock subsequently falling to $89.12, below his sale prices. The sales, executed under a Rule 10b5-1 trading plan adopted November 20, 2025, involved weighted average prices from $93.35 to $104.44. Intrator retains direct ownership of 1,087,129 Class A shares and indirect holdings through Omnadora Capital LLC and various trusts. Despite a $52.4 billion market cap and 115% revenue growth, CoreWeave burns cash and remains unprofitable. Analyst price targets diverge: Truist Securities raised its target to $165 with a buy rating, while Bernstein SocGen set $74 with an underperform rating.