Weave Communications (WEAV) Set to Announce Quarterly Earnings on Wednesday

Weave Communications (NYSE:WEAV) is set to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Weave Communications to post earnings of $0.00 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Weave Communications Trading Down 2.7 %

NYSE:WEAV opened at $13.32 on Wednesday. The stock has a market cap of $947.00 million, a price-to-earnings ratio of -30.97 and a beta of 2.10. 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’s 50 day moving average price is $11.82 and its 200-day moving average price is $10.40. Weave Communications has a 52 week low of $6.67 and a 52 week high of $13.80.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, CFO Alan Taylor sold 3,560 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $10.39, for a total transaction of $36,988.40. Following the completion of the transaction, the chief financial officer now directly owns 525,555 shares of the company’s stock, valued at $5,460,516.45. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Weave Communications news, COO Marcus Bertilson sold 15,000 shares of the stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $10.67, for a total value of $160,050.00. Following the transaction, the chief operating officer now owns 337,682 shares of the company’s stock, valued at approximately $3,603,066.94. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Alan Taylor sold 3,560 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $10.39, for a total value of $36,988.40. Following the sale, the chief financial officer now owns 525,555 shares of the company’s stock, valued at approximately $5,460,516.45. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 154,540 shares of company stock valued at $1,962,925 in the last 90 days. 36.30% of the stock is currently owned by insiders.

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.