Weave Communications (WEAV) Scheduled to Post Earnings on Wednesday

Weave Communications (NYSE:WEAV) is set to post its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect Weave Communications to post earnings of $0.00 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Weave Communications Trading Up 3.0 %

Weave Communications stock opened at $13.47 on Monday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.09. The firm’s 50 day moving average price is $11.96 and its two-hundred day moving average price is $10.43. Weave Communications has a twelve month low of $6.67 and a twelve month high of $13.80.

Insider Activity at Weave Communications

In related news, Director Blake G. Modersitzki sold 51,332 shares of the firm’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $13.51, for a total value of $693,495.32. Following the transaction, the director now directly owns 306,852 shares in the company, valued at approximately $4,145,570.52. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Weave Communications news, Director Blake G. Modersitzki sold 15,718 shares of the stock in a transaction on Friday, October 18th. The shares were sold at an average price of $13.49, for a total value of $212,035.82. Following the completion of the sale, the director now directly owns 303,935 shares of the company’s stock, valued at $4,100,083.15. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Blake G. Modersitzki sold 51,332 shares of the stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $13.51, for a total transaction of $693,495.32. Following the completion of the sale, the director now directly owns 306,852 shares of the company’s stock, valued at approximately $4,145,570.52. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 155,848 shares of company stock worth $1,980,871. 36.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Piper Sandler increased their price target 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.