Upgrade to SI Premium - Free Trial

CoreWeave stock drops on insider selling notice

October 13, 2026 10:13 AM

CoreWeave stock declined nearly 3.0% in morning trading on Tuesday following a Form 144 insider selling notice filed the same day. The filing indicates an intent to sell restricted shares and comes amid a pattern of net selling by corporate insiders over the past quarter.

Barclays analyst Raimo Lenschow maintains a Hold rating on the stock with a $105 price target, a position that contrasts with the broader bullish consensus among analysts.

The company reported a GAAP net loss of $626 million in the second quarter of 2026. Net interest expense reached $640 million during the period, exceeding adjusted operating income. The company also recorded negative free cash flow.

Short interest in CoreWeave stands at approximately 17.6% of the float. The stock has fallen roughly 20% over the past six months.

Categories

Investing