Insider Trading January 28, 2026

CoreWeave Executive Disposes $2.58M in Class A Shares, Converts Class B Holdings

Chief Development Officer Brannin McBee sold 24,009 Class A shares under a 10b5-1 plan and converted 25,000 Class B shares amid analyst divergence and a major NVIDIA investment

By Nina Shah CRWV
CoreWeave Executive Disposes $2.58M in Class A Shares, Converts Class B Holdings
CRWV

Brannin McBee, Chief Development Officer at CoreWeave, executed a planned sale of 24,009 Class A shares on January 26, 2026, generating $2.58 million. The disposal, carried out under a Rule 10b5-1 plan established on September 2, 2025, coincided with the conversion of 25,000 Class B shares into Class A. CoreWeave's stock has risen 165% over the past year and sports a market capitalization near $56.7 billion. Analysts remain split on valuation and outlook even as NVIDIA commits $2 billion to accelerate capacity expansion; CoreWeave is expected to report fiscal 2025 results on February 18 with forecasts calling for 166% revenue growth and no profitability this year.

Key Points

  • Insider sale: Brannin McBee sold 24,009 Class A shares on January 26, 2026, under a Rule 10b5-1 plan, generating $2.58 million at weighted average prices between $98.5767 and $107.9933.
  • Holdings and conversion: McBee converted 25,000 Class B shares into Class A on the same day and retains indirect holdings of 55,500 Class A shares via the Canis Major SM Trust plus 4,041,020 Class B shares via the Brannin J. McBee 2022 Irrevocable Trust.
  • Market context and analysts: CoreWeave's stock is up 165% over the past year, market cap near $56.7 billion, trading slightly above Fair Value per InvestingPro; analysts are divided with several Buy ratings and differing price targets amid a $2 billion NVIDIA investment to expand capacity.

Brannin McBee, CoreWeave's Chief Development Officer, completed a planned sale of Class A Common Stock on January 26, 2026, disposing of 24,009 shares for a total of $2.58 million. The trades were executed at weighted average prices ranging from $98.5767 to $107.9933 and were conducted under a pre-arranged Rule 10b5-1 trading plan that McBee adopted on September 2, 2025.

On the same date McBee also executed an intra-class conversion, converting 25,000 shares of Class B Common Stock into Class A Common Stock. Following the sale and the conversion, McBee's reported indirect holdings include 55,500 shares held through the Canis Major SM Trust and no shares reported through the Brannin J McBee 2022 Irrevocable Trust in Class A form. Separately, the Brannin J. McBee 2022 Irrevocable Trust continues to hold 4,041,020 shares of Class B Common Stock.


CoreWeave's shares have produced substantial gains over the last year, delivering a 165% return over the 12-month period, and the company carries an approximate market capitalization of $56.7 billion. According to InvestingPro data cited with the transaction, the stock is trading slightly above its assessed Fair Value.

The timing of McBee's activity comes ahead of CoreWeave's scheduled earnings release on February 18. Consensus analyst forecasts referenced ahead of the report call for 166% revenue growth for fiscal year 2025, while expectations indicate the company will not be profitable in the current year.

In parallel with insider activity, CoreWeave has announced a broadening of its partnership with NVIDIA that includes a $2 billion equity investment. That funding is intended to support accelerated capacity expansion, aimed at developing in excess of 5 gigawatts of capacity by 2030, according to the company disclosures referenced alongside the transaction.

Analyst reactions to CoreWeave's prospects are mixed. Deutsche Bank upgraded the stock from Hold to Buy and set a $140 price target, reflecting a favorable view on the company's role in AI infrastructure. DA Davidson reiterated a Buy rating with a $110 target, while Jefferies maintained a Buy rating with a $120 target and noted that NVIDIA's involvement should reduce execution risks. Stifel kept a Hold rating but reported that NVIDIA's investment increases NVIDIA's ownership stake in CoreWeave to roughly 9%.

Not all brokerage views are optimistic. HSBC lowered its price target for CoreWeave to $41 from $44 and retained a Reduce rating, citing concerns tied to rising interest costs. That firm also highlighted widening credit default spreads linked to CoreWeave, which it interprets as an indication of potentially higher borrowing costs ahead.


The combination of a prominent external capital commitment from NVIDIA, divergent analyst price targets, and insider selling under a pre-arranged plan frames the current market narrative for CoreWeave. The company is positioned as a significant player in AI infrastructure development, while near-term financials are expected to show steep revenue growth without profit in the current fiscal year.

Investors and market observers will have a fresh data point with the company's February 18 earnings report, which should provide updated metrics on revenue trajectory and progress against capacity expansion plans supported by the NVIDIA investment. Until then, the mix of insider fund flows, analyst stance, and financing cost signals will remain central to interpretations of CoreWeave's risk and valuation profile.

Risks

  • Profitability risk - CoreWeave is not expected to be profitable this year despite forecasted 166% revenue growth for fiscal 2025, which affects equity valuation and near-term earnings expectations.
  • Financing cost risk - HSBC cited rising interest costs and noted widening credit default spreads for CoreWeave, indicating a risk of higher borrowing costs that could pressure margins and investment plans.
  • Valuation and analyst divergence - Significant variation in analyst price targets and ratings reflects uncertainty around execution, valuation, and the longer-term impact of large strategic investments on returns.

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