Insider Selling: CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Director Sells 227,660 Shares of Stock

CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Director Jack D. Cogen sold 227,660 shares of the stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $47.00, for a total value of $10,700,020.00. Following the transaction, the director now directly owns 272,340 shares of the company’s stock, valued at approximately $12,799,980. This trade represents a 45.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

CoreWeave, Inc. Class A Common Stock Price Performance

CRWV traded up $8.79 during trading on Wednesday, reaching $61.36. 52,213,905 shares of the company were exchanged, 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 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.