Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"

Brian M. Venturo, Chief Strategy Officer and a director at CoreWeave, Inc. (NASDAQ:CRWV), sold a total of 76,924 shares of the company’s Class A Common Stock on June 17, 2026. These transactions, executed through indirect holdings, amounted to approximately $9.11 million, with shares sold at weighted average prices ranging from $115.3167 to $121.5738. The sales were carried out under a Rule 10b5-1 trading plan, which Mr. Venturo adopted on November 13, 2025.The transactions come as CoreWeave shares have surged 17.3% over the past week, trading at $117.92, though InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. The company’s shares have gained 64.71% year-to-date despite trading well below their 52-week high of $187.

The sales were conducted through two entities. West Clay Capital LLC, an entity where Mr. Venturo serves as the managing member, sold 61,539 shares of Class A Common Stock. These shares were sold across multiple transactions at weighted average prices, including 12,703 shares between $115.03 and $116.02, 3,697 shares between $116.03 and $116.67, 2,580 shares between $117.03 and $117.98, 9,425 shares between $118.04 and $119.035, 21,360 shares between $119.04 and $120.03, 8,574 shares between $120.04 and $121.02, and 3,200 shares between $121.13 and $121.92.

Additionally, 15,385 shares were sold by the Venturo Family GST Exempt Trust, an entity where Mr. Venturo’s spouse is a trustee and minor children are beneficiaries. These sales included 3,176 shares between $115.03 and $116.02, 925 shares between $116.03 and $116.67, 645 shares between $117.03 and $117.98, 2,356 shares between $118.04 and $119.035, 5,340 shares between $119.04 and $120.03, 2,143 shares between $120.04 and $121.02, and 800 shares between $121.13 and $121.92.CoreWeave, valued at $62.86 billion, has demonstrated impressive revenue growth of 129.92% over the last twelve months, though the company remains unprofitable with negative free cash flow. For deeper insights into CoreWeave’s financial health and valuation, investors can access the comprehensive Pro Research Report available on InvestingPro.

On the same date, Mr. Venturo’s indirect holdings also saw conversions of Class B Common Stock into Class A Common Stock. West Clay Capital LLC converted 61,539 shares of Class B Common Stock into an equal number of Class A Common Stock, while the Venturo Family GST Exempt Trust converted 15,385 shares of Class B Common Stock into Class A Common Stock. Each Class B share is convertible into one Class A share at the holder’s election or upon certain transfers.

Following these transactions, Mr. Venturo directly holds 174,605 shares of Class A Common Stock. His indirect holdings of Class A Common Stock include 22,500 shares held by his father-in-law, 82,679 shares by the YOLO APV Trust, and 82,687 shares by the YOLO ECV Trust. Indirect holdings of Class B Common Stock include 5,343,347 shares held directly, 1,788,596 shares by the Venturo Family 2024 Friends and Family GRAT, 2,001,900 shares by his spouse, and 5,402,057 shares by the Venturo Family Trust dated June 30, 2023.InvestingPro subscribers have access to 17 additional exclusive tips for CoreWeave, including insights on the company’s cash burn rate and valuation multiples.

In other recent news, CoreWeave, Inc. announced the successful completion of a 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 intended for general corporate purposes, including repaying outstanding debt and covering fees and expenses related to the offering. In addition, CoreWeave showcased its capabilities in the MLPerf Training v6.0 benchmark suite, achieving the fastest DeepSeek-V3 training time using an impressive array of NVIDIA GPUs. Cantor Fitzgerald reiterated an Overweight rating for CoreWeave, highlighting details from its bond offering memorandum that reveal a promising run-rate EBITDA based on signed contracts. Furthermore, CoreWeave is set to join the Nasdaq-100 Index, with its inclusion taking effect in June 2026. These developments reflect CoreWeave’s strategic financial maneuvers and technological advancements.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Is now the time to buy CRWV?

ProPicks AI evaluates CRWV every month against thousands of alternatives using 100+ financial metrics.
It found Siemens Energy (+231.5%) and Sandisk (+189%) before the crowd did. Could CRWV be next—or is there a better opportunity in the same space?
Don't wait to find out.