Jack D. Cogen, a director at CoreWeave (NASDAQ:CRWV), sold a total of 742,307 shares of Class A Common Stock on May 27-28, 2026. The sales amounted to approximately $78,668,181.
The weighted average prices ranged from $103.77 to $108.2009 per share. CoreWeave stock currently trades at $109.57, posting a 46% return over the last six months.
According to Bond.az analysis, the company is valued at $58.3 billion with a gross profit margin of 69%, despite profitability challenges with a negative EPS of -$3.15 over the last twelve months.
Cogen conducted the sales through CW Holding 987 LLC, disclaiming beneficial ownership. Following the transactions, he directly holds 261,140 shares.
He also maintains significant indirect interests through various entities: 9,040,829 shares via CW Holding 987 LLC; 654,200 each in Birch Tree, Chestnut Tree, Maple Tree, and Willow Tree Trust LLCs; 146,613 held by his spouse; 116,167 in Cherry Tree 2024 GRAT; 1,200,000 in the Cogen Family Trust; 19,200 in the Jack D. Cogen 2020 Family Trust; and 200,000 in Pine Tree Trust LLC.
In recent news, CoreWeave launched its agentic AI platform and closed a $3.1 billion AI infrastructure loan. Deutsche Bank set a $135 target, Evercore $150, while Bernstein reiterated underperform with a $67 target.
