Jack D. Cogen Sells 220,760 Shares of CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Stock

CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Director Jack D. Cogen sold 220,760 shares of CoreWeave, Inc. Class A Common Stock stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $47.56, for a total transaction of $10,499,345.60. Following the sale, the director now owns 126,220 shares in the company, valued at approximately $6,003,023.20. The trade was a 63.62 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

CoreWeave, Inc. Class A Common Stock Stock Performance

NASDAQ CRWV traded up $8.79 during trading on Wednesday, hitting $61.36. 52,213,905 shares of the stock traded hands, compared to its average volume of 35,219,105. CoreWeave, Inc. Class A Common Stock has a 12-month low of $36.00 and a 12-month high of $64.62.

Wall Street Analyst Weigh In

Separately, DA Davidson upgraded shares of CoreWeave, Inc. Class A Common Stock to a “hold” rating in a report on Sunday.

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.