CoreWeave (CRWV) Stock Drops 15% as CEO Sells $29.5M After Earnings Beat

TLDR

• CEO Michael Intrator sold 307,692 CoreWeave shares totaling ~$29.5 million on August 18 under a pre-arranged Rule 10b5-1 trading plan.
• The stock currently trades at $89.76, down roughly 15% over the past week, with a market cap of $49.5 billion.
• CoreWeave posted Q2 revenue of $2.58 billion, up 112.5% year over year, beating EPS estimates by $0.38.
• Analyst consensus sits at “Moderate Buy” with an average price target of $141.10, though the stock remains unprofitable with a debt-to-equity ratio of 5.53.
• Major institutions including Vanguard increased their positions, while analysts at Citi and Robert W. Baird raised price targets following earnings.

CoreWeave CEO Michael Intrator sold approximately $29.5 million worth of stock on August 18, 2026, in transactions executed under a pre-arranged Rule 10b5-1 trading plan he adopted in November 2025.

CoreWeave, Inc. Class A Common Stock, CRWV

Intrator directly sold 200,000 Class A shares at an average price of $95.72, reducing his direct ownership by 10.66% to 1,676,815 shares. An additional 107,692 shares were sold indirectly through Omnadora Capital LLC, a vehicle he controls as sole manager.

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