Weave Communications (NYSE:WEAV) Shares Gap Down – Here’s What Happened

30 Dec 2025, 11:36 by Amy Steele · The Cerbat Gem

Weave Communications, Inc. (NYSE:WEAV – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $7.21, but opened at $7.04. Weave Communications shares last traded at $7.2490, with a volume of 277,485 shares changing hands.

Analyst Ratings Changes

WEAV has been the subject of a number of research reports. Citigroup reduced their price target on shares of Weave Communications from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Weave Communications in a report on Monday, December 22nd. Piper Sandler decreased their target price on Weave Communications from $15.00 to $12.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Finally, Stifel Nicolaus cut their price target on Weave Communications from $13.00 to $11.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $11.50.

Check Out Our Latest Analysis on Weave Communications

Weave Communications Stock Performance

The company has a market cap of $567.67 million, a PE ratio of -16.92 and a beta of 1.72. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.24 and a current ratio of 1.24. The stock’s 50-day simple moving average is $6.60 and its 200 day simple moving average is $7.27.

Weave Communications (NYSE:WEAV – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. Weave Communications had a negative net margin of 14.32% and a negative return on equity of 42.10%. The business had revenue of $61.34 million for the quarter, compared to analyst estimates of $60.67 million. As a group, equities analysts anticipate that Weave Communications, Inc. will post -0.33 EPS for the current year.

Insiders Place Their Bets

In other news, insider Erin Goodsell sold 9,615 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $6.89, for a total transaction of $66,247.35. Following the transaction, the insider directly owned 527,055 shares of the company’s stock, valued at $3,631,408.95. This represents a 1.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Tyler Newton sold 50,993 shares of the business’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $6.68, for a total transaction of $340,633.24. Following the sale, the director directly owned 50,992 shares in the company, valued at approximately $340,626.56. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. 18.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Ameritas Investment Partners Inc. increased its position in Weave Communications by 43.7% during the second quarter. Ameritas Investment Partners Inc. now owns 5,955 shares of the company’s stock worth $50,000 after buying an additional 1,812 shares in the last quarter. Amundi raised its position in shares of Weave Communications by 27.1% in the first quarter. Amundi now owns 5,301 shares of the company’s stock valued at $59,000 after buying an additional 1,130 shares during the last quarter. AXQ Capital LP acquired a new stake in Weave Communications during the third quarter worth approximately $67,000. Tower Research Capital LLC TRC grew its stake in Weave Communications by 119.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 8,683 shares of the company’s stock worth $72,000 after acquiring an additional 4,731 shares during the period. Finally, Kingswood Wealth Advisors LLC acquired a new position in Weave Communications in the 2nd quarter valued at $83,000. 86.83% of the stock is owned by hedge funds and other institutional investors.

Weave Communications Company Profile

(Get Free Report)

Weave Communications is a technology company that provides integrated communications and customer management solutions tailored for small- to medium-sized local businesses. Headquartered in Lehi, Utah, the company developed a cloud-based platform that unifies voice calling, business texting, appointment reminders and payment processing within a single interface.