CoreWeave CFO Nitin Agrawal sells $1.8m in CRWV stock
CoreWeave CFO Nitin Agrawal sells $1.8m in CRWV stock
Nitin Agrawal, Chief Financial Officer of CoreWeave, Inc. (CRWV), sold a total of 22,579 shares of the company’s Class A Common Stock on October 12, 2026. The transactions amounted to $1,809,260, with shares sold at prices ranging from $79.31 to $81.07. The stock has since declined sharply, currently trading at $65.78, down nearly 19% over the past week according to InvestingPro data. An InvestingPro Tip notes the stock has taken a big hit over the last six months, falling over 44%. Despite recent weakness, InvestingPro analysis suggests the stock is currently undervalued. Subscribers have access to 15 additional ProTips and comprehensive Fair Value estimates for CRWV.
These sales were executed under a Rule 10b5-1 trading plan, which Mr. Agrawal initially adopted on August 27, 2025, and subsequently modified on November 18, 2025.
Following these reported transactions, Mr. Agrawal directly holds 110,017 shares of CoreWeave Class A Common Stock. His indirect holdings include 34,905 shares held by his spouse. Additionally, 81,000 shares are held by the Yellowstone 2025 GRAT, for which Mr. Agrawal serves as trustee and his spouse is the beneficiary. He also holds 32,029 shares through the Yosemite 2025 GRAT and 25,923 shares through the Yosemite 2026 GRAT, for both of which he is the sole trustee and beneficiary.
In other recent news, CoreWeave has been the focus of several analyst updates and company developments. Northland raised its price target for CoreWeave to $200, maintaining an Outperform rating, and highlighted the company’s potential for margin expansion. Truist Securities reiterated a Buy rating with a $165 price target, noting CoreWeave’s significant pricing power with a cumulative price increase of approximately 37.5%. Evercore ISI also maintained an Outperform rating, with a $150 price target, following CoreWeave’s announcement of its expansion into India in collaboration with AdaniConneX to add 240 megawatts of data center capacity. Cantor Fitzgerald reiterated an Overweight rating and a $176 price target, citing strong demand with the company having 10 times demand for every megawatt of capacity. CoreWeave remains confident in reaching its 8 gigawatt capacity target by the end of the decade. These developments come amid broader concerns in the AI sector about higher interest rates impacting financing costs.