CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Coverage Initiated by Analysts at Mizuho

Mizuho assumed coverage on shares of CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV - Free Report) in a research report report published on Tuesday morning, MarketBeat reports. The brokerage issued an outperform rating and a $46.00 price objective on the stock.

CRWV has been the topic of a number of other reports. JPMorgan Chase & Co. assumed coverage on shares of CoreWeave, Inc. Class A Common Stock in a research note on Tuesday, April 22nd. They set an "overweight" rating and a $43.00 price target on the stock. Barclays initiated coverage on shares of CoreWeave, Inc. Class A Common Stock in a report on Tuesday, April 22nd. They issued an "overweight" rating and a $48.00 target price for the company. DA Davidson raised CoreWeave, Inc. Class A Common Stock to a "hold" rating in a research note on Sunday, March 30th. Citigroup assumed coverage on CoreWeave, Inc. Class A Common Stock in a research note on Tuesday, April 22nd. They issued a "neutral" rating and a $43.00 price objective for the company. Finally, Jefferies Financial Group started coverage on CoreWeave, Inc. Class A Common Stock in a research report on Tuesday, April 22nd. They set a "buy" rating and a $51.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $46.86.

CoreWeave, Inc. Class A Common Stock Stock Down 0.6 %

CRWV stock traded down $0.23 on Tuesday, reaching $41.54. 8,752,856 shares of the company's stock were exchanged, compared to its average volume of 14,329,952. CoreWeave, Inc. Class A Common Stock has a twelve month low of $33.51 and a twelve month high of $64.62.

Insider Activity at CoreWeave, Inc. Class A Common Stock

In related news, CFO Nitin Agrawal sold 12,720 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $40.00, for a total transaction of $508,800.00. Following 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jack D. Cogen sold 220,760 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $47.56, for a total transaction of $10,499,345.60. Following the sale, the director now owns 126,220 shares in the company, valued at approximately $6,003,023.20. This trade represents a 63.62 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 302,940 shares of company stock valued at $13,786,546.

CoreWeave, Inc. Class A Common Stock Company Profile

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.