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Nitin Agrawal, Chief Financial Officer of CoreWeave, Inc. (NASDAQ:CRWV), sold shares totaling approximately $6.82 million on June 16, 2026. The transactions involved the sale of 58,429 shares of Class A Common Stock.
The shares were sold at prices ranging from $108.09 to $119.26 per share. These sales were conducted under a Rule 10b5-1 trading plan, which was adopted by Mr. Agrawal on August 27, 2025, and later modified on November 18, 2025.The timing of the sale comes as CoreWeave shares have surged 17.3% over the past week, with the stock currently trading at $117.92. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value, placing it among companies on the Most Overvalued list. Investors can access deeper insights through comprehensive Pro Research Reports, available for CoreWeave and 1,400+ other US equities.
Following these transactions, Mr. Agrawal directly holds 193,771 shares of CoreWeave Class A Common Stock. Additionally, he has indirect ownership of 34,905 shares through his spouse. Further indirect holdings include 81,000 shares held by the Yellowstone 2025 GRAT, for which his spouse is the beneficiary and Mr. Agrawal serves as trustee, and 57,952 shares held by the Yosemite 2025 GRAT, for which he is the sole trustee and beneficiary.
In other recent news, CoreWeave, Inc. has completed a significant private offering, raising $1.25 billion in 9.625% senior notes and €2 billion in 8.500% senior notes, both due in 2032. The proceeds from this offering are earmarked for general corporate purposes, including repaying outstanding debt and covering related expenses. Additionally, CoreWeave has announced its inclusion in the Nasdaq-100 Index, with the change set to take effect before the market opens on June 22, 2026. In performance benchmarks, CoreWeave achieved the fastest training time for the DeepSeek-V3 671B model in the MLPerf Training v6.0 test, completing the task in just over two minutes using 8,192 NVIDIA GB300 NVL72 GPUs. Cantor Fitzgerald has reiterated its Overweight rating on CoreWeave, maintaining a price target of $167.00, citing details from the company’s bond offering memorandum that investors have overlooked. The firm highlighted CoreWeave’s run-rate EBITDA based on signed contracts. These recent developments reflect CoreWeave’s ongoing strategic initiatives and growth trajectory.
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