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CoreWeave CFO Nitin Agrawal sells $488k in company stock

CoreWeave CFO Nitin Agrawal sells $488k in company stock

CoreWeave CFO Nitin Agrawal recently sold a substantial amount of company stock, $488,313 worth, on August 25, 2026. This was done through the sale of 5,509 shares of Class A Common Stock, each priced between $88.371 and $90.04. Agrawal's transactions were carried out in accordance with a Rule 10b5-1 trading plan, which he established on August 27, 2025, and later revised on November 18, 2025.

The sale occurred amidst CoreWeave's current stock price of $86.80, which has declined by approximately 16% over the past year. Despite this dip, the company continues to experience impressive revenue growth, with a 115% increase. Analysts believe the stock may be undervalued, with a Fair Value suggesting potential upside. CoreWeave's financials are challenging, with the company valued at $48.54 billion, operating at a loss with an EPS of -$3.70.

Agrawal holds a total of 132,596 shares directly and possesses indirect beneficial ownership of 142,257 shares across various GRATs. CoreWeave recently reported strong quarterly results, exceeding revenue expectations and significantly boosting adjusted operating income. This performance led to an upward revision of fiscal 2026 guidance by the company.

This positive outcome has also influenced analyst price targets, with Truist Securities raising its target to $165, Bernstein SocGen Group to $74, and Piper Sandler to $153.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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