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

CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) was upgraded by equities research analysts at DA Davidson to a “hold” rating in a research report issued on Sunday,Zacks.com reports.

CoreWeave, Inc. Class A Common Stock Trading Down 7.3 %

Shares of NASDAQ CRWV opened at $37.08 on Friday. CoreWeave, Inc. Class A Common Stock has a fifty-two week low of $36.00 and a fifty-two week high of $41.94.

Insiders Place Their Bets

In other CoreWeave, Inc. Class A Common Stock news, insider Kristen J. Mcveety sold 69,460 shares of the stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $40.00, for a total value of $2,778,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Nitin Agrawal sold 12,720 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 $508,800.00. Following the completion of the transaction, the chief financial officer now directly owns 231,811 shares of the company’s stock, valued at approximately $9,272,440. This trade represents a 5.20 % decrease in their position. 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.