CoreWeave CEO cancels stock sale after strong results

CEO halts share sales program

CoreWeave CEO Michael Intrator told CNBC on Wednesday he has canceled his 10b5 stock sale plan after the company reported strong revenue growth and beat Q3 expectations.

“Until there is a material change in in, in our equity pricing, my 10b5 has been sidelined.”

Intrator has already sold billions

Under his 10b5-1 plan announced in November 2025, Intrator sold eight point two six million shares at an average price of ninety six dollars and fourteen cents per share for seven hundred ninety four point…

Stock down despite earnings beat

CoreWeave shares are down eighteen percent so far in twenty twenty-six despite a twenty percent post-earnings rally on Wednesday. Intrator and co-founders faced criticism for stock sales as shares struggled.

Election results threaten data centers

In the November three midterm elections, voters sided in favor of greater restrictions on data centers in forty out of forty one ballot measures in ten states.

Intrator says no political impact

On the earnings call, Intrator told investors CoreWeave does not anticipate impact from the regulatory shift. He said the company wants to build responsibly and sees opportunity to scale within the new political reality.

“We believe that what has occurred is a statement around how you build. We want to build responsibly.”

Strong growth and raised guidance

CoreWeave reported one hundred sixty eight percent year-over-year revenue growth, beating estimates. The company lifted its forecast for twenty twenty-six and now targets thirty seven billion to thirty nine billion dollars in full-year capital expenditures.

Company maintains expansion plans

CoreWeave still anticipates one point eight five gigawatts in active power by the end of twenty twenty-six.

“We are very comfortable with our pipeline.”