CoreWeave GC Kristen McVeety sells $184,854 in stock

Kristen J McVeety, GC and Secretary of CoreWeave, Inc. (NASDAQ:CRWV), sold a total of 2,100 shares of the company’s Class A Common Stock on August 26, 2026, for a total value of $184,854. The sales, executed under a Rule 10b5-1 trading plan adopted on May 28, 2025, occurred at weighted average prices ranging from $87.3888 to $89.2439.The stock has since declined to $84.23, trading well below the insider’s sale prices. According to InvestingPro analysis, CoreWeave appears undervalued at current levels, with the company’s Fair Value suggesting potential upside. Investors can access detailed valuation metrics and exclusive Pro Research Reports covering CoreWeave and 1,400+ other US equities on InvestingPro.

Specifically, Ms. McVeety sold 724 shares at an average price of $87.3888, with individual transactions ranging from $86.82 to $87.8050. Another 1,144 shares were sold at an average price of $88.1822, with prices for these transactions ranging from $87.82 to $88.81. The final block consisted of 232 shares sold at an average price of $89.2439, with prices ranging from $88.84 to $89.69.

In other recent news, CoreWeave has been the subject of several analyst updates following its latest financial results. Bernstein SocGen Group raised its price target for CoreWeave to $74 from $67, maintaining an Underperform rating, after the company reported a revenue beat and a larger beat on adjusted operating income. CoreWeave also raised its fiscal 2026 guidance, attributing this to strong demand. Truist Securities increased its price target on CoreWeave shares to $165 from $155, highlighting the company’s ability to offset rising GPU costs through stronger pricing power. The firm also noted CoreWeave’s significant capacity growth, adding nearly 500 megawatts in the second quarter, which is more than any other neocloud operator currently has in total. Additionally, Piper Sandler raised its price target to $153 from $151, citing increased AI demand and net-new active megawatts reaching approximately 300 in June. Truist Securities reiterated a Buy rating, emphasizing margin tailwinds following an investor call with CoreWeave’s VP of Corporate Development and IR. These developments reflect a positive outlook from analysts on CoreWeave’s recent performance and future prospects.