Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Weave Communications Inc shares valued at $552,942 were sold by WHITE BRETT T on Apr 28 ’25. At $10.23 per share, WHITE BRETT T sold 54,051 shares. The insider’s holdings dropped to 2,086,384 shares worth approximately $21.84 million following the completion of this transaction.
Also, Neish Branden sold 20,232 shares, netting a total of over 206,973 in proceeds. Following the sale of shares at $10.23 each, the insider now holds 526,011 shares.
Before that, Neish Branden had added 20,232 shares to its account. In a trade valued at $207,040, the Officer bought Weave Communications Inc shares for $10.23 each.
As published in a research note from Raymond James on February 26, 2024, Weave Communications Inc [WEAV] has been rated up from an Outperform to a Strong buy and the price target has been revised to $15. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early January. As of June 26, 2023, Loop Capital has increased its “Hold” rating to a “Buy” for WEAV. Earlier on May 04, 2023, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for WEAV stock which previously was a “a Mkt perform”.
Analyzing WEAV Stock Performance
During the last five days, there has been a drop of approximately -1.97%. Over the course of the year, Weave Communications Inc shares have dropped approximately -34.23%. Shares of the company reached a 52-week high of $17.63 on 02/18/25 and a 52-week low of $8.75 on 04/07/25. A 50-day SMA is recorded $10.72, while a 200-day SMA reached $12.82.
Support And Resistance Levels for Weave Communications Inc (WEAV)
According to the 24-hour chart, there is a support level at 10.23, which, if violated, would cause prices to drop to 9.99. In the upper region, resistance lies at 10.70. The next price resistance is at 10.93. RSI (Relative Strength Index) is 51.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.09, which suggests the price will decrease in the coming days. Percent R is at 23.42%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
