CoreWeave CEO Michael Intrator sells over $30.7m in stock
CoreWeave CEO Michael N. Intrator sold over $30.7 million worth of stock on September 8, 2026, under a pre-approved trading plan. The shares, totaling approximately 307,592, were traded at prices ranging from $93.35 to $104.44. CoreWeave's stock has since decreased to $89.12, trading below the sale prices. Despite CoreWeave's impressive 115% revenue growth and $52.4 billion market cap, the company remains unprofitable and is burning through cash.
Analysts have provided mixed reviews for CoreWeave, with some raising price targets and others maintaining underperform ratings.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.