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CoreWeave CEO Michael Intrator reports $25.2 million stock sale

CoreWeave CEO Michael Intrator reports $25.2 million stock sale

CoreWeave CEO Michael Intrator reported selling $25.2 million worth of the company's shares on September 15, 2026, under a pre-approved trading plan. The sale involved 307,692 shares of Class A Common Stock, with prices ranging from $80.55 to $83.84 per share. Intrator also converted 107,692 Class B shares into Class A shares without incurring a cash transaction.

Following these transactions, he directly owned 887,129 shares of Class A Common Stock. Despite the stock's recent decline of 34% over the past year, CoreWeave remains undervalued according to InvestingPro, with a Fair Value of $103.50. The company has also announced pricing increases for its compute capacity and introduced new features in its AI Object Storage, alluding to ongoing strategic initiatives in the AI and cloud computing sectors.

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