CoreWeave co-founders sold approximately $2.3 billion in stock since the company's March 2025 IPO, according to Bloomberg. CEO Michael Intrator, Chief Development Officer Brannin McBee, and Chief Strategy Officer Brian Venturo executed the sales after the lockup period expired in August 2025, with transactions made under 10b5-1 trading plans and Venturo offloading the largest amount at $1.1 billion, per data from Washington Service. CoreWeave stock dropped 0.5% in overnight trading late Tuesday and has declined in five of the past six sessions, losing 22% in total, as the cloud computing provider continues operating in the high-demand AI infrastructure market where it rents capacity to technology companies.
CoreWeave Operates Cloud Computing Infrastructure for AI Companies
CoreWeave rents out cloud computing capacity to technology companies and has emerged as one of the biggest beneficiaries of the AI boom. The company helps fill infrastructure gaps for hyperscalers as rapid advances in AI and surging user demand strain available infrastructure, making cloud capacity increasingly scarce.
Bloomberg reported that Magnetar Financial, one of the company's largest investors, also unloaded about $5.5 billion in shares.
Stock Performance Since March 2025 IPO
CoreWeave stock hit an all-time high of $187 last June, about 367% above its $40 IPO price. Shares are up 37% year-to-date despite the recent 22% decline over five of the last six sessions.
CoreWeave's revenue increased 111% year over year to $2.08 billion in the last quarter, with sales doubling in all quarters previously. Net loss was $1.48 billion last quarter, a record, as the company spent aggressively to expand its AI infrastructure and data center capacity.
Retail Sentiment Shifts to Neutral as Analysts Maintain Bullish Ratings
On Stocktwits, retail sentiment for CRWV shifted to 'neutral' from 'bullish.' A trader stated, "not sure why so many are worried about executive and insider trades... it only makes up a very small percentage of daily traded volume. It's not going to matter much one way or another on stock performance... the stock is going to go much higher in the future... just look at the chart."
Currently, 23 of 36 analysts rate the stock 'Buy' or higher, 11 rate it 'Hold,' and two rate it 'Sell' or lower, according to Koyfin data. Their average price target of $140.18 implies a 42% upside from the stock's last close.
FAQ
How much stock did CoreWeave co-founders sell since the March 2025 IPO?
CoreWeave co-founders sold approximately $2.3 billion in stock since the company's March 2025 initial public offering, with CEO Michael Intrator, Chief Development Officer Brannin McBee, and Chief Strategy Officer Brian Venturo executing sales after the lockup period expired in August 2025, according to data from Washington Service reported by Bloomberg.
What was CoreWeave's revenue in the last quarter?
CoreWeave's revenue increased 111% year over year to $2.08 billion in the last quarter, with sales doubling in all quarters previously, while the company reported a record net loss of $1.48 billion as it spent aggressively to expand AI infrastructure and data center capacity.
