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CoreWeave CFO Nitin Agrawal sells $5.57m in company stock

CoreWeave CFO Nitin Agrawal sells $5.57m in company stock

CoreWeave CFO Nitin Agrawal sold shares of his company, CoreWeave Inc. (NASDAQ:CRWV), for a total of $5,572,344 on September 14, 2026. The sale comprised 66,576 shares of Class A Common Stock, including 63,408 shares at $83.64 each and an additional 3,168 shares at a weighted average price of $84.88. Agrawal's sale was a result of meeting tax withholding obligations tied to the vesting and settlement of his restricted stock units.

Since the sale, CoreWeave's stock price has decreased, currently trading at $80.92, a 15% drop over the past week. Despite this, analysts view CoreWeave as potentially undervalued, with a Fair Value estimate suggesting upside. The company's financial situation includes significant debt and high cash burn rates. Agrawal also purchased 122,340 shares of CoreWeave on September 11, 2026, bringing his total indirect and direct holdings to 188,360 shares.

His ownership also encompasses various trusts, such as the Yellowstone 2025 GRAT and the Yosemite 2025 GRAT and 2026 GRAT, where he serves as trustee and beneficiary. Other recent news includes a large contract for Crusoe, valued at $13 billion, and updates from Truist Securities regarding CoreWeave's stock, which now has a higher price target of $155.

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