In last trading session, Weave Communications Inc (NYSE:WEAV) saw 0.82 million shares changing hands with its beta currently measuring 1.92. Company’s recent per share price level of $10.78 trading at -$0.04 or -0.37% at ring of the bell on the day assigns it a market valuation of $810.46M. That closing price of WEAV’s stock is at a discount of -63.54% from its 52-week high price of $17.63 and is indicating a premium of 24.12% from its 52-week low price of $8.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.83 million shares which gives us an average trading volume of 979.29K if we extend that period to 3-months.
For Weave Communications Inc (WEAV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.57. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Weave Communications Inc (NYSE:WEAV) trade information
Upright in the red during last session for losing -0.37%, in the last five days WEAV remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $10.78 price level, adding 4.77% to its value on the day. Weave Communications Inc’s shares saw a change of -32.29% in year-to-date performance and have moved 3.36% in past 5-day. Weave Communications Inc (NYSE:WEAV) showed a performance of 14.93% in past 30-days. Number of shares sold short was 3.03 million shares which calculate 4.05 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a rise of 32.63% to its current value. Analysts have been projecting 16 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would drop -48.42% in reaching the projected high whereas dropping to the targeted low would mean a loss of -48.42% for stock’s current value.
Weave Communications Inc (WEAV) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 5.67% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 9.23% while estimates for its earnings growth in next 5 years are of 84.01%.
Weave Communications Inc (NYSE:WEAV)’s Major holders
Insiders are in possession of 4.74% of company’s total shares while institution are holding 89.22 percent of that, with stock having share float percentage of 93.65%. Investors also watch the number of corporate investors in a company very closely, which is 89.22% institutions for Weave Communications Inc that are currently holding shares of the company. CROSSLINK CAPITAL INC is the top institutional holder at WEAV for having 9.64 million shares of worth $86.99 million. And as of 2024-06-30, it was holding 13.5272 of the company’s outstanding shares.
The second largest institutional holder is DEER MANAGEMENT CO. LLC, which was holding about 6.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.4166 of outstanding shares, having a total worth of $54.12 million.
On the other hand, Fidelity Securities Fund-Fidelity Small Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 2.1 shares of worth $22.65 million or 2.79% of the total outstanding shares. The later fund manager was in possession of 1.91 shares on Dec 31, 2024 , making its stake of worth around $20.61 million in the company or a holder of 2.54% of company’s stock.
