The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. CoreWeave Inc shares valued at $10,000,660 were purchased by HUTCHINS GLENN H on Nov 14 ’24. At $47.00 per share, HUTCHINS GLENN H acquired 212,780 shares. The insider’s holdings grew to 202,140 shares worth approximately $13.29 million following the completion of this transaction.
Also, HUTCHINS GLENN H purchased 210,240 shares, netting a total of over 9,999,014 in proceeds. Following the buying of shares at $47.56 each, the insider now holds 384,840 shares.
Before that, Boone Karen had added 10,520 shares to its account. In a trade valued at $500,336, the Director bought CoreWeave Inc shares for $47.56 each. Upon closing the transaction, the insider’s holdings increased to 10,520 shares, worth approximately $0.69 million.
As published in a research note from DA Davidson on May 15, 2025, CoreWeave Inc [CRWV] has been rated down from a Neutral to an Underperform and the price target has been revised to $36. Analysts at Macquarie started covering the stock with ‘”a Neutral”‘ outlook in a report released in early May. As of May 05, 2025, MoffettNathanson has initiated its “Neutral” rating for CRWV. Earlier on April 22, 2025, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for CRWV stock.
Analyzing CRWV Stock Performance
During the last five days, there has been a surge of approximately 19.58%. Over the course of the year, CoreWeave Inc shares have jumped approximately 64.42%.
Support And Resistance Levels for CoreWeave Inc (CRWV)
According to the 24-hour chart, there is a support level at 60.41, which, if violated, would cause prices to drop to 55.05. In the upper region, resistance lies at 72.05. The next price resistance is at 78.33. RSI (Relative Strength Index) is 68.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 12.48, which suggests the price will increase in the coming days. Percent R is at 21.51%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
