In a filing, Weave Communications Inc revealed its Officer Bertilson Marcus acquired Company’s shares for reported $0.6 million on Nov 19 ’24. In the deal valued at $13.43 per share,45,000 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Crosslink Crossover Fund VII, bought 100,000 shares, generating $1,303,000 in total proceeds.
Before that, CROSSLINK CAPITAL INC sold 15,000 shares. Weave Communications Inc shares valued at $210,600 were divested by the 10% Owner at a price of $14.04 per share. As a result of the transaction, CROSSLINK CAPITAL INC now holds 7,840,955 shares, worth roughly $107.66 million.
Raymond James upgraded its Weave Communications Inc [WEAV] rating to a Strong buy from a an Outperform in a research note published on A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “an Overweight”. Loop Capital also remained covering WEAV and has increased its forecast on June 26, 2023 with a “Buy” recommendation from previously “Hold” rating. Raymond James revised its rating on May 04, 2023. It rated WEAV as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of WEAV
On Tuesday, Weave Communications Inc [NYSE:WEAV] saw its stock jump 5.05% to $13.73. Over the last five days, the stock has lost -3.04%. Weave Communications Inc shares have risen nearly 19.70% since the year began. Nevertheless, the stocks have risen 53.24% over the past one year. While a 52-week high of $14.50 was reached on 11/08/24, a 52-week low of $8.10 was recorded on 05/03/24. SMA at 50 days reached $12.86, while 200 days put it at $11.09.
Levels Of Support And Resistance For WEAV Stock
The 24-hour chart illustrates a support level at 13.26, which if violated will result in even more drops to 12.79. On the upside, there is a resistance level at 13.97. A further resistance level may holdings at 14.21. The Relative Strength Index (RSI) on the 14-day chart is 55.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.81%. Stochastics %K at 46.82% indicates the stock is a holding.
How much short interest is there in Weave Communications Inc?
A steep rise in short interest was recorded in Weave Communications Inc stocks on 2024-10-31, growing by 0.15 million shares to a total of 0.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.8 million shares. There was a rise of 15.6%, which implies that there is a positive sentiment for the stock.
