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GSA Capital Partners LLP Has $321,000 Stock Holdings in Weave Communications, Inc. (NYSE:WEAV)

Weave Communications logo with Computer and Technology background

GSA Capital Partners LLP lessened its position in Weave Communications, Inc. (NYSE:WEAV - Free Report) by 86.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,110 shares of the company's stock after selling 156,416 shares during the period. GSA Capital Partners LLP's holdings in Weave Communications were worth $321,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. nVerses Capital LLC bought a new position in Weave Communications in the 3rd quarter valued at $45,000. Private Management Group Inc. bought a new position in shares of Weave Communications in the second quarter valued at about $90,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Weave Communications by 48.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,955 shares of the company's stock worth $90,000 after buying an additional 3,228 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new position in Weave Communications during the 2nd quarter worth about $98,000. Finally, US Bancorp DE acquired a new stake in Weave Communications in the 3rd quarter valued at about $107,000. Institutional investors and hedge funds own 86.83% of the company's stock.

Weave Communications Trading Up 3.5 %

Shares of WEAV traded up $0.47 on Friday, reaching $13.91. 896,821 shares of the company's stock were exchanged, compared to its average volume of 1,333,309. The business has a 50 day moving average price of $13.05 and a two-hundred day moving average price of $10.85. Weave Communications, Inc. has a 12 month low of $8.10 and a 12 month high of $14.50. The stock has a market capitalization of $1.01 billion, a P/E ratio of -34.78 and a beta of 2.08. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.09.

Insider Buying and Selling at Weave Communications

In other Weave Communications news, CFO Alan Taylor sold 3,560 shares of the company's stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $10.39, for a total value of $36,988.40. Following the completion of the sale, the chief financial officer now owns 525,555 shares of the company's stock, valued at approximately $5,460,516.45. This represents a 0.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Marcus Bertilson sold 15,000 shares of Weave Communications stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $10.67, for a total transaction of $160,050.00. Following the transaction, the chief operating officer now directly owns 337,682 shares in the company, valued at approximately $3,603,066.94. This represents a 4.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 477,957 shares of company stock worth $6,531,864. Insiders own 36.30% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on WEAV shares. Loop Capital upped their target price on shares of Weave Communications from $15.00 to $18.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. The Goldman Sachs Group boosted their price objective on shares of Weave Communications from $13.00 to $14.50 and gave the stock a "neutral" rating in a research report on Friday, November 1st. Finally, Piper Sandler increased their price objective on Weave Communications from $16.00 to $17.00 and gave the company an "overweight" rating in a research report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $16.50.

View Our Latest Report on WEAV

About Weave Communications

(Free Report)

Weave Communications, Inc provides a customer experience and payments software platform in the United States and Canada. Its platform enables small and medium-sized healthcare businesses to maximize the value of their patient interactions and minimize the time and effort spent on manual or mundane tasks.

See Also

Institutional Ownership by Quarter for Weave Communications (NYSE:WEAV)

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