Insider Selling: CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) CFO Sells 12,720 Shares of Stock

CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) CFO Nitin Agrawal sold 12,720 shares of the firm’s stock in a transaction 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 completion of 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 transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

CoreWeave, Inc. Class A Common Stock stock traded down $2.92 during trading on Monday, hitting $37.08. 15,165,029 shares of the company were exchanged. CoreWeave, Inc. Class A Common Stock has a 52 week low of $36.00 and a 52 week high of $41.94.

Analysts Set New Price Targets

Separately, DA Davidson began coverage on shares of CoreWeave, Inc. Class A Common Stock in a research report on Tuesday, March 25th. They issued a “neutral” rating and a $47.00 price target on the stock.

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.