Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Weave Communications Inc shares valued at $549,654 were sold by Newton Tyler on May 16 ’25. At $10.78 per share, Newton Tyler sold 50,993 shares. The insider’s holdings dropped to 101,985 shares worth approximately $0.98 million following the completion of this transaction.
Also, WHITE BRETT T sold 29,137 shares, netting a total of over 314,272 in proceeds. Following the sale of shares at $10.79 each, the insider now holds 2,057,247 shares.
Before that, Goodsell Erin had sold 24,025 shares from its account. In a trade valued at $259,230, the Chief Legal Officer & Corp.Sec traded Weave Communications Inc shares for $10.79 each. Upon closing the transaction, the insider’s holdings decreased to 24,025 shares, worth approximately $5.7 million.
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 -7.23%. Over the course of the year, Weave Communications Inc shares have dropped approximately -39.57%. 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.
Support And Resistance Levels for Weave Communications Inc (WEAV)
According to the 24-hour chart, there is a support level at 9.47, which, if violated, would cause prices to drop to 9.32. In the upper region, resistance lies at 9.84. The next price resistance is at 10.06. RSI (Relative Strength Index) is 40.83 on the 14-day chart, showing neutral technical sentiment.
