Street Calls of the Week
CoreWeave, Inc. (CRWV) CEO and President Michael N. Intrator sold a total of 74,736 shares of Class A Common Stock on October 7th and 8th, 2025, for approximately $17.3 million. The sales occurred in multiple transactions with prices ranging from $127.2274 to $140.6201. The stock has shown remarkable strength, delivering a 257% return over the past year and currently trading at $143.08, near its 52-week high of $187.
The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 23, 2025.
On October 8, Intrator also converted 50,000 shares of Class B Common Stock to Class A Common Stock through Omnadora Capital LLC.
In other recent news, CoreWeave , Inc. announced the launch of Serverless RL, a managed reinforcement learning platform aimed at simplifying AI agent training. This new service promises nearly 1.4 times faster training times and 40% lower costs compared to traditional local H100 GPU environments, making it a significant development for enterprises looking to scale AI capabilities efficiently. Additionally, CoreWeave is set to acquire Monolith AI Limited, an AI engineering firm, in a move to enhance its cloud infrastructure by integrating Monolith’s machine learning solutions for physics and engineering challenges.
In another development, CoreWeave’s CEO, Michael Intrator, confirmed that there are no plans to revise the company’s acquisition offer for Core Scientific, a bitcoin mining firm. This statement followed investor hopes for a higher bid. Meanwhile, Evercore ISI reiterated its Outperform rating for CoreWeave, emphasizing the company’s strong GPU cloud business model and long-term contracts. These contracts, often lasting four to five years, are highlighted as key differentiators in the competitive landscape.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.