CoreWeave GC McVeety sells $9.1M in stock

Kristen J. McVeety, General Counsel and Secretary of CoreWeave Inc. (NASDAQ:CRWV), sold 97,500 shares of Class A Common Stock on September 8, 2026, amounting to $9,158,766. The shares were sold over two transactions, with prices ranging from $93.14 to $94.76 per share. The sale followed the exercise of stock options on the same day, with McVeety exercising options to acquire 97,500 shares at an exercise price of $0.55 per share, totaling $53,625.

All transactions were executed under a Rule 10b5-1 trading plan adopted by McVeety on May 13, 2026. McVeety currently holds 123,313 shares of CoreWeave Class A Common Stock. Recently, CoreWeave has been in the spotlight due to strong financial performance and strategic moves in the IT Services industry. Despite significant debt, the company has delivered a 24.5% return year-to-date.

Analysts have provided varying outlooks on CoreWeave, with Truist Securities raising its price target to $165 and maintaining a Buy rating, while Bernstein SocGen Group increased its price target to $74 while retaining an Underperform rating.