Weave Communications, Inc. (NYSE:WEAV) CFO Alan Taylor Sells 891 Shares

Weave Communications, Inc. (NYSE:WEAV - Get Free Report) CFO Alan Taylor sold 891 shares of the company's stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $13.25, for a total transaction of $11,805.75. Following the sale, the chief financial officer now directly owns 400,795 shares of the company's stock, valued at approximately $5,310,533.75. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Alan Taylor also recently made the following trade(s):

• On Monday, October 7th, Alan Taylor sold 2,638 shares of Weave Communications stock. The stock was sold at an average price of $13.00, for a total value of $34,294.00.
• On Friday, October 4th, Alan Taylor sold 22,356 shares of Weave Communications stock. The stock was sold at an average price of $13.00, for a total value of $290,628.00.
• On Monday, September 30th, Alan Taylor sold 4,296 shares of Weave Communications stock. The stock was sold at an average price of $13.05, for a total value of $56,062.80.
• On Friday, September 27th, Alan Taylor sold 305 shares of Weave Communications stock. The stock was sold at an average price of $12.50, for a total value of $3,812.50.
• On Friday, September 20th, Alan Taylor sold 24,499 shares of Weave Communications stock. The stock was sold at an average price of $12.58, for a total transaction of $308,197.42.
• On Tuesday, September 17th, Alan Taylor sold 13,295 shares of Weave Communications stock. The shares were sold at an average price of $11.03, for a total value of $146,643.85.
• On Friday, September 13th, Alan Taylor sold 3,560 shares of Weave Communications stock. The shares were sold at an average price of $10.39, for a total value of $36,988.40.

Weave Communications Trading Up 1.8 %

Shares of WEAV stock traded up $0.23 during trading hours on Tuesday, hitting $13.31. The company had a trading volume of 504,519 shares, compared to its average volume of 423,576. Weave Communications, Inc. has a fifty-two week low of $6.67 and a fifty-two week high of $13.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.64 and a quick ratio of 1.64. The company's fifty day moving average is $11.50 and its 200 day moving average is $10.34. The stock has a market capitalization of $946.65 million, a PE ratio of -30.95 and a beta of 2.10.

Institutional Investors Weigh In On Weave Communications

Institutional investors have recently modified their holdings of the company. Counterpoint Mutual Funds LLC purchased a new position in Weave Communications during the 1st quarter valued at about $138,000. Edmonds Duncan Registered Investment Advisors LLC acquired a new position in shares of Weave Communications in the first quarter valued at approximately $137,000. Principal Financial Group Inc. acquired a new position in shares of Weave Communications in the first quarter valued at approximately $377,000. Swiss National Bank increased its stake in Weave Communications by 14.5% during the 1st quarter. Swiss National Bank now owns 68,600 shares of the company's stock worth $788,000 after buying an additional 8,700 shares during the period. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in Weave Communications during the 1st quarter worth approximately $156,000. 86.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler raised their price objective on Weave Communications from $15.00 to $16.00 and gave the stock an "overweight" rating in a research report on Thursday, August 1st.

About Weave Communications

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.