CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Stock Rating Upgraded by 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 note issued on Sunday,Zacks.com reports.

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

Shares of NASDAQ CRWV 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 related news, 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 value of $2,778,400.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Nitin Agrawal sold 12,720 shares of the company’s stock in a transaction dated Thursday, March 27th. The stock was 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 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.