<div id="readability-page-1"><p><span>Weave Communications (NYSE:WEAV - Get Free Report)</span> had its price target decreased by Stifel Nicolaus  from $13.00 to $11.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a &#34;buy&#34; rating on the stock. Stifel Nicolaus' price objective suggests a potential upside of 50.91% from the company's current price.</p><ul><li>3 Overlooked Stocks Where Rewards Outweigh the Risks</li></ul><p>A number of other research analysts have also recently weighed in on WEAV. Raymond James Financial dropped their target price on shares of Weave Communications from $17.00 to $15.00 and set a &#34;strong-buy&#34; rating on the stock in a research note on Friday, August 1st. Piper Sandler dropped their target price on shares of Weave Communications from $15.00 to $12.00 and set an &#34;overweight&#34; rating on the stock in a research note on Friday. Finally, Weiss Ratings  reiterated a &#34;sell (e+)&#34; rating on shares of Weave Communications in a research note on Tuesday, October 14th. One analyst  has rated the stock with a Strong Buy rating, two have issued  a Buy rating, one  has issued  a Hold rating and one  has issued  a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $13.13.</p><div><p><span></span><span>Get <strong>Weave Communications</strong> alerts:</span></p></div><p><b>Read Our Latest Research Report on Weave Communications</b></p><h2>Weave Communications Stock Performance</h2><p>WEAV traded up $0.76 during midday trading on Friday, reaching $7.29. The company had a trading volume of 465,070 shares, compared to its average volume of 972,575. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market cap of $561.54 million, a PE ratio of -18.20 and a beta of 1.70. Weave Communications has a 12-month low of $6.35 and a 12-month high of $17.63. The business has a 50-day moving average price of $7.21 and a two-hundred day moving average price of $8.30. </p><p>Weave Communications (NYSE:WEAV - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $58.50 million during the quarter, compared to analysts' expectations of $57.81 million. Weave Communications had a negative net margin of 13.64% and a negative return on equity of 40.60%.  On average, sell-side analysts expect that  Weave Communications will post -0.33 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling at Weave Communications</h2><p>In related news, CRO Joseph David Mcneil sold 14,236 shares of the company's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.73, for a total transaction of $110,044.28. Following the sale, the executive owned 394,824 shares of the company's stock, valued at approximately $3,051,989.52. This represents a 3.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Brett T. White sold 53,953 shares of the company's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $7.73, for a total transaction of $417,056.69. Following the sale, the chief executive officer directly owned 1,922,071 shares in the company, valued at $14,857,608.83. This trade represents a 2.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 107,179 shares of company stock worth $825,403 in the last ninety days. Insiders own  18.40% of the company's stock. </p><h2>Institutional Trading of Weave Communications</h2><p>A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Andina Capital Management LLC increased its holdings in  Weave Communications by 102.6% during the 3rd quarter. Andina Capital Management LLC now owns 35,489 shares of the company's stock worth $237,000 after acquiring an additional 17,974 shares during the period.  Sterling Investment Counsel LLC bought a new position in shares of  Weave Communications in the 3rd quarter worth $319,000.  Avanza Fonder AB increased its holdings in shares of  Weave Communications by 40.0% in the 3rd quarter. Avanza Fonder AB now owns 20,963 shares of the company's stock worth $140,000 after buying an additional 5,992 shares during the last quarter.  Inspire Investing LLC bought a new position in shares of  Weave Communications in the 3rd quarter worth $454,000.  Finally, Squarepoint Ops LLC increased its holdings in shares of  Weave Communications by 17.0% in the 2nd quarter. Squarepoint Ops LLC now owns 286,048 shares of the company's stock worth $2,380,000 after buying an additional 41,576 shares during the last quarter. Institutional investors own  86.83% of the company's stock. </p><h2>About Weave Communications</h2> (Get Free Report)<p>Weave Communications, Inc provides a customer experience and payments software platform in the United States and Canada. Its platform enables small and medium-sized healthcare businesses to maximize the value of their patient interactions and minimize the time and effort spent on manual or mundane tasks.</p><h2>See Also</h2><ul><li>Five stocks we like better than Weave Communications</li><li>What is the Euro STOXX 50 Index?</li><li>Comfort Systems Is the AI Data Center Stock Beating NVDA, AVGO, &amp; AMD</li><li>Why Invest in High-Yield Dividend Stocks?</li><li>Cameco's $80 Billion U.S. Nuclear Deal Changes Everything </li><li>How to trade using analyst ratings</li><li>NU Stock: U.S. Bank License May Be the Next Growth Catalyst</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdFQVY?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdFQVY"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Weave Communications Right Now?</h2><p>Before you consider Weave Communications, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Weave Communications wasn't on the list.</p><p>While Weave Communications currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

WEAV

<p>Stifel Nicolaus has lowered its price target for Weave Communications (NYSE:WEAV) from $13.00 to $11.00 while maintaining a "buy" rating. This new target suggests a potential upside of 50.91% from the current price of $7.29. Other analysts have also adjusted their ratings, with Raymond James setting a target of $15.00 and Piper Sandler at $12.00. The stock has an average rating of "Moderate Buy" and an average target price of $13.13. Weave Communications reported a revenue of $58.50 million for the last quarter, exceeding expectations.</p>

Stifel Nicolaus Lowers Weave Communications (NYSE:WEAV) Price Target to $11.00