CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $43.75, but opened at $46.80. CoreWeave, Inc. Class A Common Stock shares last traded at $45.39, with a volume of 1,622,296 shares changing hands.
Analyst Upgrades and Downgrades
Separately, DA Davidson upgraded CoreWeave, Inc. Class A Common Stock to a "hold" rating in a research report on Sunday, March 30th.
Check Out Our Latest Stock Report on CRWV
CoreWeave, Inc. Class A Common Stock Stock Performance
Insider Activity at CoreWeave, Inc. Class A Common Stock
In related news, Director Jack D. Cogen sold 220,760 shares of the business'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 value of $10,499,345.60. Following the completion of the sale, the director now owns 126,220 shares in the company, valued at $6,003,023.20. The trade was a 63.62 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Nitin Agrawal sold 12,720 shares of CoreWeave, Inc. Class A Common Stock stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $40.00, for a total transaction of $508,800.00. Following the transaction, the chief financial officer now directly owns 231,811 shares in the company, valued at $9,272,440. This trade represents a 5.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 302,940 shares of company stock valued at $13,786,546 over the last 90 days.
About CoreWeave, Inc. Class A Common Stock
(
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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.
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