CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) Trading Down 6% – Time to Sell?

Shares of CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWVGet Free Report) fell 6% during trading on Tuesday . The stock traded as low as $40.42 and last traded at $40.99. 2,008,047 shares traded hands during trading, a decline of 89% from the average session volume of 17,602,285 shares. The stock had previously closed at $43.61.

Wall Street Analysts Forecast Growth

Separately, DA Davidson upgraded CoreWeave, Inc. Class A Common Stock to a “hold” rating in a report on Sunday, March 30th.

Check Out Our Latest Stock Analysis on CRWV

CoreWeave, Inc. Class A Common Stock Price Performance

Insider Buying and Selling at CoreWeave, Inc. Class A Common Stock

In related news, CFO Nitin Agrawal sold 12,720 shares of CoreWeave, Inc. Class A Common Stock stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $40.00, for a total value of $508,800.00. Following the completion of the sale, the chief financial officer now owns 231,811 shares in the company, valued at approximately $9,272,440. This trade represents a 5.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jack D. Cogen sold 220,760 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 302,940 shares of company stock valued at $13,786,546 over the last 90 days.

CoreWeave, Inc. Class A Common Stock Company Profile

(Get Free Report)

CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.

Further Reading

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