New insider activity at Weave Communications ( (WEAV) ) has taken place on March 21, 2025.
In a significant move within Weave Communications, Chief Revenue Officer Joseph David McNeil has offloaded 51,638 shares, amounting to a transaction value of $576,280. Meanwhile, CFO Alan Taylor has also sold 31,262 shares, bringing in $348,883. These sales highlight notable insider activity within the company.
Recent Updates on WEAV stock
In the last 24 hours, Weave Communications has seen significant developments that have influenced its stock price. The company reported strong Q4 2024 financial results, showcasing a 19% increase in revenue, improved profitability, and strategic advancements in AI and partnerships. These positive financial indicators have led Raymond James to raise the price target for Weave, citing the company’s robust growth in specialty medical verticals and strategic partnerships as key factors. Additionally, the announcement of the CFO’s retirement and succession plan, along with the CEO’s sale of shares, has drawn attention. Despite potential challenges in year-over-year comparisons and increased compliance costs anticipated in 2025, Weave’s forward-looking guidance remains optimistic, with plans to invest in strategic areas to drive continued growth.
More about Weave Communications
YTD Price Performance: -26.00%
Average Trading Volume: 995,501
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $823.2M