← Back to live feed1 story
SEC filings show CoreWeave CEO Michael Intrator sold $907 million of stock in 2026, while early backer Magnetar Capital offloaded more than $5.5 billion of shares since the March 2025 IPO. Together with co-founders Brian Venturo and Brannin McBee, the three executives have sold $3.3 billion in stock since going public, including $2.4 billion this year, making Venturo the second-largest insider seller at any US company in 2026. The sales contrast with an internal memo in which Intrator told employees that "there will be periods of time when the market misunderstands and acts irrationally" as CoreWeave shares fell 12% on Friday to bring their weekly loss to 25%.
Sign in to suggest
Key sources
- SOURCE@thetranscript_“Coreweave CEO: "When you are building a new type of technology company, there will be periods of time when the market misunderstands and acts irrationally...We are confident in our business model, our customers, the extraordinary quality of our execution, and the relentless discipline around the financial engine we have built."”x.com
- SOURCE@junkbondinvest“CoreWeave’s unsecured notes are officially 1,000bps STW, now yielding ~15%.”x.com
- SUPPORT@tengyanai“the unsecureds sit behind the gpu backed loans, and a lot of that collateral is h100s. h100 list rent in our tracker is down ~12% in a month while newer chips get pricier”x.com
- SOURCE@tradfi“HUANG SAYS NVIDIA DOESN'T NEED TO BACKSTOP COREWEAVE”x.com
- SUPPORT@rhouseresearch“Pricing on the DDTLs has tightened a lot over the years. From S+9.62% for DDTL 1.0 issued in 2023.. to as low as S+2.25% for DDTL 4.0 done in March 2026.”x.com
- SUPPORT@negligible_cap“Three CoreWeave co-founders have sold $3.3 billion in company shares since last year’s IPO”x.com
- SUPPORT@jg_nuke“A run through SEC filings reveals Michael Intrator has been “acting irrationally” as well, selling $907 million worth of $CRWV shares this year alone.”x.com
- SUPPORT@gordonjohnson19“the cost to insure $CRWV against default is up 135.67 today. What's that mean? Well, that means it costs ~11.2%/yr to insure $CRWV debt. At the standard 40% recovery rate, this implies the market sees ~61% risk-neutral 5Y default odds, up from ~31% in June.”x.com