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

Weave Communications, Inc. (NYSE:WEAV) CFO Alan Taylor sold 891 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $13.25, for a total value of $11,805.75. Following the completion of the sale, the chief financial officer now owns 400,795 shares of the company’s stock, valued at $5,310,533.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 shares were sold at an average price of $13.00, for a total transaction 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 transaction 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 shares were sold at an average price of $12.58, for a total value of $308,197.42.
• On Tuesday, September 17th, Alan Taylor sold 13,295 shares of Weave Communications stock. The stock was sold at an average price of $11.03, for a total transaction 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 transaction of $36,988.40.

Weave Communications Stock Up 1.8 %

NYSE WEAV opened at $13.31 on Wednesday. The business’s fifty day simple moving average is $11.50 and its 200-day simple moving average is $10.34. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.09. The firm has a market cap of $946.65 million, a PE ratio of -30.95 and a beta of 2.10. Weave Communications, Inc. has a 52 week low of $6.67 and a 52 week high of $13.80.

Institutional Investors Weigh In On Weave Communications

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Weave Communications by 10.3% in the 1st quarter. Vanguard Group Inc. now owns 3,342,681 shares of the company’s stock valued at $38,374,000 after purchasing an additional 312,392 shares during the last quarter. AXA S.A. acquired a new position in Weave Communications in the second quarter valued at approximately $11,590,000. Acadian Asset Management LLC lifted its holdings in Weave Communications by 1.0% in the first quarter. Acadian Asset Management LLC now owns 784,270 shares of the company’s stock valued at $9,002,000 after acquiring an additional 7,511 shares during the last quarter. Renaissance Technologies LLC grew its position in Weave Communications by 17.8% in the second quarter. Renaissance Technologies LLC now owns 593,500 shares of the company’s stock worth $5,353,000 after acquiring an additional 89,600 shares during the period. Finally, Silvercrest Asset Management Group LLC increased its stake in Weave Communications by 39.6% during the first quarter. Silvercrest Asset Management Group LLC now owns 505,525 shares of the company’s stock worth $5,803,000 after acquiring an additional 143,382 shares during the last quarter. 86.83% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Piper Sandler raised their target price on shares of Weave Communications from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, August 1st.

Weave Communications Company Profile

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.