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CoreWeave EVP Chen Goldberg sells $2.35 million in stock

By Investing.com3 min readInvesting.com
CoreWeave EVP Chen Goldberg sells $2.35 million in stockCoreWeave EVP Chen Goldberg sells $2.35 million in stock

CoreWeave EVP Chen Goldberg sells $2.35 million in stock

Chen Goldberg, Executive Vice President of Product & Engineering at CoreWeave, Inc. (NASDAQ:CRWV), recently engaged in multiple transactions involving the company’s Class A Common Stock. These activities, which occurred in early August 2026, included both the acquisition and sale of shares, with total sales amounting to approximately $2.35 million.

On August 4, 2026, Goldberg sold 6,397 shares of Class A Common Stock. These shares were disposed of at a weighted average price of $90.0009, with individual transaction prices ranging from $90.00 to $90.02. This sale generated $575,735 and was carried out under a Rule 10b5-1 trading plan. The stock currently trades at $85.33, below both Goldberg’s transaction prices and InvestingPro’s Fair Value analysis, which suggests the shares may be undervalued at current levels.

The following day, August 5, 2026, Goldberg acquired 37,500 shares of Class A Common Stock through the settlement of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the company’s Class A Common Stock upon settlement. The award vested as to 1/4 of the total on August 5, 2025, with subsequent portions vesting quarterly.

Also on August 5, 2026, Goldberg sold 19,208 shares of Class A Common Stock at a price of $92.29 per share. This transaction, totaling $1,772,706, was executed to satisfy tax withholding obligations incurred in connection with the vesting and settlement of the restricted stock units.

Following these reported transactions, Chen Goldberg directly holds 71,266 shares of CoreWeave’s Class A Common Stock. Additionally, Goldberg beneficially owns 300,000 derivative securities in the form of Restricted Stock Units. With the company’s next earnings report just four days away and the stock showing an 18.9% gain over the past week, investors may find value in the comprehensive Pro Research Report available on InvestingPro, which offers expert analysis on CoreWeave alongside 1,400+ other US equities.

In other recent news, CoreWeave Inc. is preparing to release its earnings on August 11, with options data suggesting a potential 12% stock movement. The company’s stock has previously exceeded implied moves in three of its last five earnings announcements. Piper Sandler has initiated coverage on CoreWeave with an overweight rating and a price target of $151, highlighting the engineering team’s ability to reduce costs and enable multi-cloud deployments. Meanwhile, BofA Securities has reiterated its Buy rating and set a $140 price target, citing an increased capital expenditure estimate for fiscal 2026 due to evolving market dynamics. Rosenblatt has also maintained a Buy rating with a $250 price target, suggesting that concerns over excess capacity and interest rates may diminish. Additionally, CoreWeave’s stock experienced a rise following a Wall Street Journal report on Nvidia’s financing talks for OpenAI’s data center project. These developments provide investors with key insights into CoreWeave’s current market position and future prospects.