Weave Communications Inc’s recently made public that its Director Newton Tyler unloaded Company’s shares for reported $0.55 million on May 16 ’25. In the deal valued at $10.78 per share,50,993 shares were sold. As a result of this transaction, Newton Tyler now holds 101,985 shares worth roughly $0.87 million.
Then, WHITE BRETT T sold 29,137 shares, generating $314,272 in total proceeds. Upon selling the shares at $10.79, the Chief Executive Officer now owns 2,057,247 shares.
Before that, Goodsell Erin sold 24,025 shares. Weave Communications Inc shares valued at $259,230 were divested by the Chief Legal Officer & Corp.Sec at a price of $10.79 per share. As a result of the transaction, Goodsell Erin now holds 592,129 shares, worth roughly $5.05 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 -6.16% to $8.53. Over the last five days, the stock has lost -13.93%. Weave Communications Inc shares have fallen nearly -46.42% since the year began. Nevertheless, the stocks have fallen -3.62% over the past one year. While a 52-week high of $17.63 was reached on 02/18/25, a 52-week low of $8.50 was recorded on 06/13/25.
Levels Of Support And Resistance For WEAV Stock
The 24-hour chart illustrates a support level at 8.37, which if violated will result in even more drops to 8.22. On the upside, there is a resistance level at 8.81. A further resistance level may holdings at 9.10.
How much short interest is there in Weave Communications Inc?
A steep rise in short interest was recorded in Weave Communications Inc stocks on 2025-05-30, dropping by -0.3 million shares to a total of 2.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 3.03 million shares. There was a decline of -11.13%, which implies that there is a negative sentiment for the stock.
