CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Director Sells $10,499,345.60 in 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 dated Monday, March 3rd. The shares were sold at an average price of $47.56, for a total value of $10,499,345.60. Following the transaction, the director now directly owns 126,220 shares in the company, valued at approximately $6,003,023.20. The trade was a 63.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

CoreWeave, Inc. Class A Common Stock Stock Performance

Shares of CRWV traded up $8.79 during trading hours on Wednesday, reaching $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 52-week low of $36.00 and a 52-week high of $64.62.

Analysts Set New Price Targets

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

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.