New York, Jan 8, 2026, 20:05 EST — Market closed
- CoreWeave shares last traded down about 0.1% at $77.09 after Thursday’s close
- SEC filings showed CEO Michael Intrator and strategy chief Brian Venturo sold shares under 10b5-1 plans
- Wells Fargo cut its price target to $125 from $150, keeping an Overweight rating
CoreWeave shares barely moved on Thursday, finishing down just 0.1% at $77.09, after fluctuating between $76.03 and $79.92 during the day. The stock caught fresh attention following an analyst’s cut to its target and new insider selling revealed in U.S. filings.
The filings matter because CoreWeave’s story still hinges on funding and execution: the company is building out AI data-center capacity, and investors are quick to read insider moves for any hint on demand or financing. With the stock bouncing around, even routine disclosures can spark action as Friday’s session approaches.
A Form 4 — the SEC filing insiders use to report trades — revealed that CEO Michael Intrator sold 61,386 Class A shares on Jan. 6, valued at roughly $4.7 million based on reported prices. Meanwhile, Chief Strategy Officer Brian Venturo offloaded 52,473 shares on Jan. 6 and a further 154,479 on Jan. 7 through an entity, totaling about $16.1 million. Both filings indicated these sales were executed under Rule 10b5-1 plans, which set pre-arranged instructions for stock sales. SEC
Wells Fargo cut its price target on CoreWeave to $125 from $150, though it kept an Overweight rating, according to a report shared by TheFly. The firm highlighted that AI remains “the name of the 2026 game,” stressing infrastructure as a key way to capitalize on the trend. TipRanks
As 2026 approaches, the excitement around AI stocks is starting to waver, with investors questioning whether data-center spending will maintain its momentum. Peter Boockvar, chief investment officer at OnePoint BFG Wealth Partners, cautioned that investors “need to not just blindly rely” on the AI tech trade. He highlighted CoreWeave as a company still raising red flags due to its debt load and ongoing struggles with profitability. Business Insider
CoreWeave, which started trading on Nasdaq in March 2025, supplies computing power for AI tasks and has relied heavily on Nvidia chips while rushing to boost its capacity. In its latest quarterly report, the company warned that delays at a third-party data center partner would impact near-term results and cut its 2025 revenue forecast. This serves as a clear example that timing issues — not just demand — can shake investor confidence. Reuters
But the risks haven’t disappeared. CoreWeave still faces the hefty cost of expansion and must prove its growth can turn into reliable cash flow. Insider selling only piles on the uncertainty, especially as the stock jolts sharply after funding news. Adding to the mix, plaintiff law firms issued investor “investigation” alerts Thursday, stirring fresh headline risk—though no formal findings have surfaced. Morningstar
Right now, traders aren’t sweating the product launches; they’re glued to the tape itself. The U.S. employment report, dropping at 8:30 a.m. ET on Friday, has the power to shake up rate expectations and rattle high-flying tech stocks. At the same time, CoreWeave is set to unveil its earnings after the market closes on Feb. 18. Investors will be watching closely for updates on capital spending, delivery timelines, and any fresh funding news. Bureau of Labor Statistics
