Nitin Agrawal Sells 12,720 Shares of CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Stock

CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) CFO Nitin Agrawal sold 12,720 shares of the business’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 sale, the chief financial officer now directly owns 231,811 shares of the company’s stock, valued at approximately $9,272,440. The trade was a 5.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

Shares of NASDAQ:CRWV opened at $37.08 on Tuesday. CoreWeave, Inc. Class A Common Stock has a 12-month low of $36.00 and a 12-month high of $41.94.

Analyst Upgrades and Downgrades

Separately, DA Davidson initiated 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.

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.