Weave Communications, Inc. (NYSE:WEAV) CFO Alan Taylor Sells 13,295 Shares of Stock

Weave Communications, Inc. (NYSE:WEAV) CFO Alan Taylor sold 13,295 shares of the company’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $11.03, for a total transaction of $146,643.85. Following the completion of the transaction, the chief financial officer now directly owns 475,941 shares in the company, valued at approximately $5,249,629.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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 transaction of $36,988.40.

Weave Communications Stock Performance

NYSE WEAV opened at $12.02 on Friday. The business has a 50 day simple moving average of $10.56 and a two-hundred day simple moving average of $10.24. Weave Communications, Inc. has a 1-year low of $6.67 and a 1-year 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 stock has a market capitalization of $854.90 million, a PE ratio of -27.95 and a beta of 2.09.

Wall Street Analysts Forecast Growth

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 research report on Thursday, August 1st.

Institutional Trading of Weave Communications

Several institutional investors have recently added to or reduced their stakes in WEAV. Quest Partners LLC acquired a new stake in shares of Weave Communications in the 4th quarter worth $77,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Weave Communications by 48.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,955 shares of the company’s stock valued at $90,000 after buying an additional 3,228 shares during the period. Private Management Group Inc. acquired a new stake in Weave Communications in the 2nd quarter valued at approximately $90,000. Kingswood Wealth Advisors LLC acquired a new stake in Weave Communications in the 2nd quarter valued at approximately $98,000. Finally, Edmonds Duncan Registered Investment Advisors LLC acquired a new position in shares of Weave Communications in the first quarter worth $137,000. Institutional investors own 86.83% of the company’s stock.

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.