CoreWeave CEO Michael Intrator sells $6.89m in stock
CoreWeave CEO Michael Intrator, on September 30, 2026, sold 78,552 shares of the company's Class A Common Stock at $87.69 per share, amounting to roughly $6.89 million. This sale was to fulfill tax obligations related to the vesting and payment of restricted stock units (RSUs). On the same day, Intrator also bought 109,380 shares and 30,978 more shares as part of RSU settlement.
Each RSU represents a right to acquire one share upon settlement. Intrator now holds 548,935 shares directly, alongside 984,380 and 309,775 RSUs. CoreWeave, valued at $48.85 billion, experienced a 115% revenue increase over the past year. Analysts have shown positive sentiment, with Rosenblatt recommending a Buy rating at $250, Freedom Capital at $151, Truist Securities at $165, and Cantor Fitzgerald at $176. Mizuho, however, holds a Neutral rating at $115.
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