CoreWeave CEO Michael Intrator sells $26.7m in stock
CoreWeave CEO Michael Intrator sold $26.7 million worth of the company's Class A Common Stock on September 29, 2026. The transactions were carried out according to a pre-approved Rule 10b5-1 trading plan. CoreWeave's stock has experienced a 35.8% decline in value over the past year, trading at $88.57, down from its 52-week high of $153.20.
Despite this, an analysis suggests the company may still be undervalued. Intrator's direct holdings of Class A Common Stock increased to 487,129 shares after the sell-off. His indirect holdings, convertible into Class A shares, amounted to a substantial 22.04 million shares. Notably, Omnadora Capital LLC, a company Intrator manages, simultaneously purchased 107,692 shares of Class A Common Stock through the conversion of equivalent Class B shares.
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