Weave Communications (WEAV) Scheduled to Post Quarterly Earnings on Wednesday

Weave Communications (NYSE:WEAV) will issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.00 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Weave Communications Stock Performance

WEAV opened at $13.32 on Wednesday. The company has a 50 day simple moving average of $11.82 and a two-hundred day simple moving average of $10.40. 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 firm has a market cap of $947.00 million, a P/E ratio of -30.97 and a beta of 2.10. Weave Communications has a 1-year low of $6.67 and a 1-year high of $13.80.

Analysts Set New Price Targets

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

Insider Activity

In related news, Director Blake G. Modersitzki sold 51,332 shares of the firm’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $13.51, for a total transaction of $693,495.32. Following the completion of the transaction, the director now directly owns 306,852 shares of the company’s stock, valued at approximately $4,145,570.52. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CFO Alan Taylor sold 3,560 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $5,460,516.45. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Blake G. Modersitzki sold 51,332 shares of the business’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $13.51, for a total transaction of $693,495.32. Following the completion of the sale, the director now owns 306,852 shares in the company, valued at approximately $4,145,570.52. This trade 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 worth $1,962,925 over the last quarter. Insiders own 36.30% of the company’s stock.

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.