Weave Communications Inc (NYSE: WEAV) is -5.07% lower on its value in year-to-date trading and has touched a low of $7.91 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 $8.21 in the last trading session, with the day’s gains setting it 783.18%.
Currently trading at $791.39K, the stock is -8.09% and -14.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.64 million and changing 3642176% at the moment leaves the stock -34.82% off its SMA200. WEAV registered -48.30% loss for a year compared to 6-month loss of -49.17%. The firm has a 50-day simple moving average (SMA 50) of $9.6656 and a 200-day simple moving average (SMA200) of $12.6275.
The stock witnessed a -14.45% gain in the last 1 month and extending the period to 3 months gives it a -28.18%, and is 1.23% up 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 3.63% over the week and 3.55% over the month.
Weave Communications Inc (WEAV) has around 854 employees, a market worth around $618.75M and $212.95M in sales. Fwd P/E is 58.25. Profit margin for the company is -14.07%. Distance from 52-week low is 4.05% and -53.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.49%).
The EPS is expected to grow by 9.23% this year.
Weave Communications Inc (WEAV) Top Institutional Holders
238.0 institutions hold shares in Weave Communications Inc (WEAV), with institutional investors hold 93.42% of the company’s shares. The shares outstanding are 74.91M, and float is at 64.32M with Short Float at 4.27%. Institutions hold 88.89% 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 4.8501 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 Christiansen Jason Paul, the company’s Chief Financial Officer. SEC filings show that Christiansen Jason Paul sold 4,070 shares of the company’s common stock on Jun 16 ’25 at a price of $8.59 per share for a total of $34961.0. Following the sale, the insider now owns 0.32 million shares.
Weave Communications Inc disclosed in a document filed with the SEC on Jun 17 ’25 that Christiansen Jason Paul (Chief Financial Officer) sold a total of 3,940 shares of the company’s common stock. The trade occurred on Jun 17 ’25 and was made at $8.48 per share for $33411.0. Following the transaction, the insider now directly holds 0.32 million shares of the WEAV stock.
