CoreWeave CFO Nitin Agrawal sells $438 in company stock
CoreWeave CFO Nitin Agrawal sells $438 in company stock
CoreWeave (NASDAQ:CRWV) Chief Financial Officer Nitin Agrawal recently reported the sale of company stock and the acquisition of additional shares. On September 30, 2026, Mr. Agrawal sold 5 shares of Class A Common Stock for $87.69 per share, totaling $438. This transaction was executed to satisfy tax withholding obligations incurred from the vesting and settlement of restricted stock units. On the same date, Mr. Agrawal also acquired 132,604 shares of Class A Common Stock. The stock currently trades at $89.62, with the company carrying a market capitalization of $48.85 billion.
Following these transactions, Mr. Agrawal directly holds 132,599 shares of CoreWeave’s Class A Common Stock. Additionally, Mr. Agrawal has indirect beneficial ownership of 34,905 shares held by his spouse. He also indirectly holds 81,000 shares through the Yellowstone 2025 GRAT, where his spouse is the beneficiary and for which he serves as trustee. Further indirect holdings include 32,029 shares via the Yosemite 2025 GRAT and 25,923 shares through the Yosemite 2026 GRAT, for both of which he is the sole trustee and beneficiary. According to InvestingPro analysis, CoreWeave appears undervalued at current levels. For deeper insights, investors can access the comprehensive Pro Research Report, available for CoreWeave and 1,400+ other US equities.
In other recent news, CoreWeave has been the focus of several analyst reports, highlighting its strong market position and demand. Cantor Fitzgerald has reiterated an Overweight rating with a $176 price target, citing the company’s ability to meet its 8-gigawatt target by the end of the decade due to high demand. Rosenblatt also reiterated a Buy rating, raising its price target to $250, following CoreWeave’s recent Fully Connected event, where the company demonstrated strong pricing power with a 10% price increase. Meanwhile, Freedom Capital maintained a Buy rating with a $151 target, emphasizing CoreWeave’s high ranking in managed-cluster quality and technical execution. Truist Securities echoed this sentiment, reiterating a Buy rating with a $165 price target, focusing on the company’s pricing outlook. Mizuho, attending CoreWeave’s annual user conference, reiterated a Neutral rating with a $115 target, noting platform updates and enhancements. These developments reflect CoreWeave’s strategic positioning and robust demand in the industry.