Weave Communications Inc (NYSE: WEAV) is -41.52% lower on its value in year-to-date trading and has touched a low of $8.10 and a high of $17.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WEAV stock was last observed hovering at around $9.38 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $9.31, the stock is -10.65% and -24.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.42 million and changing -0.75% at the moment leaves the stock -27.11% off its SMA200. WEAV registered -16.05% loss for a year compared to 6-month loss of -30.05%. The firm has a 50-day simple moving average (SMA 50) of $12.395 and a 200-day simple moving average (SMA200) of $12.7733.
The stock witnessed a -19.81% gain in the last 1 month and extending the period to 3 months gives it a -40.96%, and is -4.22% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.79% over the week and 5.61% over the month.
Weave Communications Inc (WEAV) has around 854 employees, a market worth around $697.32M and $204.31M in sales. Fwd P/E is 49.96. Profit margin for the company is -13.87%. Distance from 52-week low is 14.94% and -47.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.24%).
with sales reaching $54.68M over the same period.The EPS is expected to grow by 86.08% this year, but quarterly earnings will post 14.84% year-over-year. Quarterly sales are estimated to grow 15.91% in year-over-year returns.
251.0 institutions hold shares in Weave Communications Inc (WEAV), with institutional investors hold 87.35% of the company’s shares. The shares outstanding are 73.23M, and float is at 62.92M with Short Float at 5.71%. Institutions hold 83.20% of the Float.
The top institutional shareholder in the company is CROSSLINK CAPITAL INC with over 9.64 million shares valued at $86.99 million. The investor’s holdings represent 13.5272 of the WEAV Shares outstanding. As of 2024-06-30, the second largest holder is DEER MANAGEMENT CO. LLC with 6.0 million shares valued at $54.12 million to account for 8.4166 of the shares outstanding. The other top investors are PELION, INC. which holds 5.55 million shares representing 7.7784 and valued at over $50.02 million, while VANGUARD GROUP INC holds 4.9079 of the shares totaling 3.46 million with a market value of $31.19 million.
Weave Communications Inc (WEAV) Insider Activity
The most recent transaction is an insider sale by Neish Branden, the company’s Chief Product &Technology Ofcr. SEC filings show that Neish Branden sold 25,510 shares of the company’s common stock on Mar 19 ’25 at a price of $11.33 per share for a total of $0.29 million. Following the sale, the insider now owns 0.46 million shares.
Weave Communications Inc disclosed in a document filed with the SEC on Mar 20 ’25 that Neish Branden (Chief Product &Technology Ofcr) sold a total of 18,665 shares of the company’s common stock. The trade occurred on Mar 20 ’25 and was made at $11.32 per share for $0.21 million. Following the transaction, the insider now directly holds 0.44 million shares of the WEAV stock.
Still, SEC filings show that on Mar 19 ’25, Goodsell Erin (Chief Legal Officer & Corp.Sec) disposed off 19,917 shares at an average price of $11.33 for $0.23 million. The insider now directly holds 522,154 shares of Weave Communications Inc (WEAV).
