CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Raised to Hold at DA Davidson

DA Davidson upgraded shares of CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) to a hold rating in a report published on Sunday morning,Zacks.com reports.

CoreWeave, Inc. Class A Common Stock Price Performance

CoreWeave, Inc. Class A Common Stock stock opened at $37.08 on Friday. CoreWeave, Inc. Class A Common Stock has a 52-week low of $36.00 and a 52-week high of $41.94.

Insider Buying and Selling

In other news, CFO Nitin Agrawal sold 12,720 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $40.00, for a total value of $508,800.00. Following the completion of the transaction, the chief financial officer now owns 231,811 shares of the company’s stock, valued at approximately $9,272,440. This represents a 5.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Kristen J. Mcveety sold 69,460 shares of CoreWeave, Inc. Class A Common Stock stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $40.00, for a total transaction of $2,778,400.00. The disclosure for this sale can be found here.

CoreWeave, Inc. Class A Common Stock Company Profile

CoreWeave powers the creation and delivery of the intelligence that drives innovation. We are the AI Hyperscaler™ driving the AI revolution(1). Our CoreWeave Cloud Platform consists of our proprietary software and cloud services that deliver the software and software intelligence needed to manage complex AI infrastructure at scale.