Alan Taylor Sells 891 Shares of Weave Communications, Inc. (NYSE:WEAV) 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. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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 shares were 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 transaction 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 transaction 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 stock was sold at an average price of $10.39, for a total value of $36,988.40.

Weave Communications Stock Up 0.9 %

Shares of Weave Communications stock opened at $13.43 on Thursday. 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 company has a market cap of $964.41 million, a P/E ratio of -31.98 and a beta of 2.10. The firm’s 50 day moving average price is $11.57 and its 200-day moving average price is $10.36. Weave Communications, Inc. has a 52-week low of $6.67 and a 52-week high of $13.80.

Analyst Ratings Changes

Separately, Piper Sandler lifted their price target on Weave Communications from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, August 1st.

Institutional Investors Weigh In On Weave Communications

Several institutional investors have recently bought and sold shares of the company. nVerses Capital LLC purchased a new position in Weave Communications during the 3rd quarter worth $45,000. SG Americas Securities LLC acquired a new stake in Weave Communications in the third quarter worth about $193,000. Point72 Asset Management L.P. grew its stake in shares of Weave Communications by 5.4% during the second quarter. Point72 Asset Management L.P. now owns 17,496 shares of the company’s stock worth $158,000 after acquiring an additional 896 shares during the last quarter. Algert Global LLC increased its holdings in shares of Weave Communications by 2.6% during the second quarter. Algert Global LLC now owns 181,768 shares of the company’s stock valued at $1,640,000 after acquiring an additional 4,659 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of Weave Communications by 26.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,923 shares of the company’s stock valued at $144,000 after purchasing an additional 3,315 shares during the last quarter. 86.83% of the stock is currently owned by institutional investors and hedge funds.

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.