CoreWeave GC McVeety sells $438 in shares

Kristen J. McVeety, General Counsel and Secretary at CoreWeave, Inc. [CRWV], sold a total of $438 in Class A Common Stock on September 30, 2026.

The transactions included the disposition of 5 shares of Class A Common Stock at a price of $87.69 per share. This sale was conducted to satisfy tax withholding obligations incurred in connection with the vesting and settlement of restricted stock units. The stock currently trades at $89.62, up 25% year-to-date, though it remains 42% below its 52-week high of $153.20.

On the same date, McVeety also acquired 123,321 shares of Class A Common Stock through the settlement of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer’s Class A Common Stock upon settlement. According to InvestingPro analysis, CoreWeave appears undervalued at current levels, with the platform offering 13 additional ProTips for investors seeking deeper insights into this IT services leader.

In other recent news, CoreWeave has garnered attention from multiple analyst firms, reflecting a range of perspectives on its stock. Cantor Fitzgerald reiterated an Overweight rating with a price target of $176, citing strong demand for CoreWeave’s capacity and confidence in achieving its 8 gigawatt target by the end of the decade. Mizuho maintained a Neutral rating with a $115 price target, following updates announced at CoreWeave’s Fully Connected event, including enhancements to its CoreWeave Forge software and the delivery of NVIDIA’s Vera Rubin NVL72. Rosenblatt reaffirmed a Buy rating with a $250 target, highlighting CoreWeave’s pricing power and a recent 10% price increase. Freedom Capital also reiterated a Buy rating, setting a price target of $151, and noted CoreWeave’s high ranking in managed-cluster quality and technical execution. Truist Securities echoed a positive outlook with a Buy rating and a $165 price target, emphasizing ongoing discussions about pricing dynamics. These developments reflect diverse analyst opinions and highlight CoreWeave’s strategic initiatives and market positioning.