# Nigel Morris

Type: Person

Source: AI Intelligence Brief — https://getaibrief.com/entity/nigel-morris
Canonical HTML page: https://getaibrief.com/entity/nigel-morris

## Timeline

- **2026-09-10**: CoreWeave and Remitly shares fall — CoreWeave fell 6.1% to $89.12 and Remitly fell 7.4% to $22.2970 during Thursday mid-day trading.
- **2026-09-08**: CoreWeave executives and Remitly director sell shares — CoreWeave CEO Michael Intrator sold 107,692 shares and separately 200,000 shares; EVP Chen Goldberg sold 22,424 shares; Remitly Director Joshua Hug sold 5,500 shares. All sales were disclosed in SEC filings and at least some were under 10b5-1 plans.
- **2026-09-02**: Remitly director sells shares — Director Nigel Morris sold 6,300 shares of Remitly Global at $27.03 for $170,289, reducing his position by 0.35%.
- **2026-08-11**: Weiss Ratings upgrades Remitly — Weiss Ratings upgraded Remitly Global from a hold (c) rating to a hold (c+) rating.
- **2026-08-10**: Cantor Fitzgerald raises Remitly price target — Cantor Fitzgerald lifted its price objective on Remitly Global from $28.00 to $30.00 with an overweight rating.
- **2026-08-06**: Citizens JMP raises Remitly price target — Citizens JMP raised its price target on Remitly Global from $30.00 to $32.00 and gave the stock a market outperform rating.

## Recent coverage (1 stories)

### CoreWeave Falls 6.1% as CEO Sells $20M in 10b5-1 Shares
2026-09-13 22:03:40 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

CoreWeave shares dropped 6.1% after CEO Michael Intrator sold $20M in stock under a pre-arranged Rule 10b5-1 plan. Despite the negative headline, his remaining stake of over a million shares and normal trading volume suggest AI infrastructure fundamentals may not be deteriorating. Remitly's smaller insider sales with analyst upgrades show a broader pattern of automated selling being misinterpreted.
Full story: https://getaibrief.com/story/coreweave-insider-selling-ai-infrastructure

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