CoreWeave, Inc. (NASDAQ: CRWV) Chief Strategy Officer Brian M. Venturo sold approximately 76,924 shares of Class A common stock on April 29, 2026. The transaction, valued at around $8.71 million, occurred at prices between $107.90 and $114.98 per share.
Transaction Details
The sale followed a Rule 10b5-1 trading plan established on November 13, 2025. After the divestment, CRWV shares climbed to $119.01, reflecting a 66% increase from the start of the year.
West Clay Capital LLC, an entity affiliated with Venturo, offloaded 61,539 shares. Separately, the Venturo Family GST Exempt Trust sold 15,385 shares. These actions triggered conversions of Class B shares to Class A, with West Clay converting 61,539 Class B shares and the trust converting 15,385 Class B shares. Each Class B share converts on a one-for-one basis to Class A.
Ongoing Holdings
Venturo retains direct ownership of 223,580 Class A shares. Additional positions include 82,679 shares via the YOLO APV Trust and 82,687 shares through the YOLO ECV Trust, both linked to family members. His spouse holds 22,500 Class A shares through a related structure.
Broader holdings encompass millions of Class B shares across entities such as West Clay Capital LLC (6,444,386 shares), Venturo Family GST Exempt Trust (3,234,460 shares), 2023 Venturo Family GRAT (5,402,057 shares), Venturo Family 2024 Friends and Family GRAT (1,788,596 shares), and spouse-owned shares (2,001,900 shares).
Company Performance and Outlook
CoreWeave shares have surged 131% over the past year amid market volatility, though recent corrections follow peak levels. Investors anticipate the quarterly earnings report on May 7, focusing on data center expansion involving around 1,400 units across U.S. operations. Professional research highlights robust investor interest through comprehensive Pro research services.
Recent Developments
CoreWeave secured a $6 billion contract with Jane Street for advanced computing capacity, enabling clients to access up to $10 billion in resources. Cantor Fitzgerald raised its price target to $156 per share and maintained an overweight rating.
The company also restructured $1 billion in 9.750% senior notes due 2031, exchanging them for securities maturing in 2026, with completion expected on April 21. This move provides preferred unsecured debt to select equity holders.
Amid reports of OpenAI missing revenue targets, CoreWeave positions itself as one of OpenAI’s key partners, emphasizing portfolio diversification beyond any single collaborator.
