Weave Communications Inc’s filing revealed that its Chief Product &Technology Ofcr Neish Branden unloaded Company’s shares for reported $0.29 million on Mar 19 ’25. In the deal valued at $11.33 per share,25,510 shares were sold. As a result of this transaction, Neish Branden now holds 460,908 shares worth roughly $4.4 million.
Then, Neish Branden sold 18,665 shares, generating $211,288 in total proceeds. Upon selling the shares at $11.32, the Chief Product &Technology Ofcr now owns 442,243 shares.
Before that, Goodsell Erin sold 19,917 shares. Weave Communications Inc shares valued at $225,580 were divested by the Chief Legal Officer & Corp.Sec at a price of $11.33 per share. As a result of the transaction, Goodsell Erin now holds 522,154 shares, worth roughly $4.98 million.
Raymond James upgraded its Weave Communications Inc [WEAV] rating to a Strong buy from a an Outperform in a research note published recently. 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 Friday, Weave Communications Inc [NYSE:WEAV] saw its stock fall -1.85% to $9.54. Over the last five days, the stock has gained 1.38%. Weave Communications Inc shares have fallen nearly -40.08% since the year began. Nevertheless, the stocks have fallen -17.97% over the past one year. While a 52-week high of $17.63 was reached on 02/18/25, a 52-week low of $8.10 was recorded on 04/07/25. SMA at 50 days reached $12.97, while 200 days put it at $12.76.
Levels Of Support And Resistance For WEAV Stock
The 24-hour chart illustrates a support level at 9.27, which if violated will result in even more drops to 9.01. On the upside, there is a resistance level at 9.78. A further resistance level may holdings at 10.03. The Relative Strength Index (RSI) on the 14-day chart is 34.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.90%. Stochastics %K at 33.86% 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 2025-03-31, dropping by 50060.0 shares to a total of 3.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.65 million shares. There was a decline of -1.39%, which implies that there is a negative sentiment for the stock.
