Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

CoreWeave CEO Michael Intrator sells $6.89m in stock

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.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at investing.com →

More in Finance & Markets

Weekly inflation surges 11.53pc

ISLAMABAD: Short-term inflation surged 11.53 per cent year on year for the week ending Oct 1, mainly due to higher food prices, according to official data released on Friday.

More from Saturday 3 October →