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

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

CoreWeave, Inc. Class A Common Stock Price Performance

NASDAQ:CRWV opened at $52.57 on Friday. CoreWeave, Inc. Class A Common Stock has a 1 year low of $36.00 and a 1 year high of $53.27.

Insiders Place Their Bets

In other CoreWeave, Inc. Class A Common Stock news, insider Kristen J. Mcveety sold 69,460 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $40.00, for a total value of $2,778,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Nitin Agrawal sold 12,720 shares of the company’s 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 owns 231,811 shares in the company, valued at $9,272,440. The trade was a 5.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

About CoreWeave, Inc. Class A Common Stock

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.