Weave Communications, Inc. (NYSE:WEAV - Get Free Report) CFO Alan Taylor sold 4,182 shares of the business's stock in a transaction on Friday, December 20th. The shares were sold at an average price of $16.03, for a total transaction of $67,037.46. Following the sale, the chief financial officer now directly owns 283,516 shares in the company, valued at $4,544,761.48. The trade was a 1.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Alan Taylor also recently made the following trade(s):
NYSE:WEAV traded up $0.07 during midday trading on Monday, reaching $16.19. 1,189,301 shares of the stock traded hands, compared to its average volume of 557,699. The stock has a market capitalization of $1.18 billion, a P/E ratio of -40.48 and a beta of 2.00. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.59 and a current ratio of 1.59. The company has a fifty day moving average of $14.04 and a 200 day moving average of $11.72. Weave Communications, Inc. has a 12 month low of $8.10 and a 12 month high of $16.56.
Several research analysts recently weighed in on the stock. Piper Sandler upped their price objective on shares of Weave Communications from $16.00 to $17.00 and gave the stock an "overweight" rating in a research report on Thursday, October 31st. The Goldman Sachs Group increased their price target on shares of Weave Communications from $13.00 to $14.50 and gave the stock a "neutral" rating in a report on Friday, November 1st. Finally, Loop Capital raised their price objective on shares of Weave Communications from $15.00 to $18.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Weave Communications currently has an average rating of "Buy" and an average price target of $16.50.
View Our Latest Research Report on Weave Communications
Several large investors have recently modified their holdings of WEAV. nVerses Capital LLC bought a new position in Weave Communications in the 3rd quarter worth $45,000. Quarry LP purchased a new position in shares of Weave Communications during the third quarter valued at about $45,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Weave Communications by 48.0% in the second 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. Private Management Group Inc. bought a new position in Weave Communications in the second quarter worth about $90,000. Finally, US Bancorp DE purchased a new stake in Weave Communications in the third quarter worth about $107,000. 86.83% of the stock is owned by institutional investors.
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.
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