Weave Communications CEO Sells $224,333 Worth of Stock Amid Positive Earnings and Acquisition

Weave Communications CEO Brett T. White sold 28,112 shares of stock for $224,333 on August 20, 2025. The company reported Q2 2025 earnings with a 15.6% revenue increase YoY, improved gross margins, and a positive non-GAAP net income. Despite this, Raymond James lowered the price target from $17 to $15 but maintained a Strong Buy rating due to growth potential and margin expansion. Weave's stock performance has been challenged by profitability and market sentiment.

On August 20, 2025, Weave Communications (WEAV) CEO Brett T. White sold 28,112 shares of the company's stock, valued at $224,333 [1]. This transaction comes amid mixed signals for the company's stock performance.

In its latest earnings report for Q2 2025, Weave Communications reported a 15.6% year-over-year increase in revenue, improved gross margins, and a positive non-GAAP net income despite a GAAP net loss [1]. These positive results were offset by Raymond James lowering its price target from $17 to $15, while maintaining a Strong Buy rating due to the company's potential for top-line acceleration and margin expansion [1].

However, Weave Communications' stock has faced challenges, with a technical sentiment signal indicating a 'Sell' position and a year-to-date price performance of -51.63% [1]. The company's market cap stands at $616.3 million, with 86.83% of the stock owned by institutional investors and hedge funds [2].

Institutional investors have also made changes to their positions in Weave Communications. Connor Clark & Lunn Investment Management Ltd. trimmed its holdings by 11.1% in the first quarter, while JPMorgan Chase & Co., AllianceBernstein L.P., Geode Capital Management LLC, Wells Fargo & Company MN, and Russell Investments Group Ltd. increased their stakes in the fourth quarter [2].

Wall Street analysts have mixed ratings for Weave Communications. Raymond James, Stifel Nicolaus, and Piper Sandler have issued ratings ranging from Strong Buy to Buy, with a consensus rating of "Buy" and a consensus price target of $15.10 [2].

Insiders have also been active. Erin Goodsell and Marcus Bertilson sold a total of 86,294 shares valued at $739,723 in the last 90 days, representing a 1.26% and 3.14% decrease in their positions, respectively [2].

In conclusion, Weave Communications' stock performance has been mixed, with positive earnings results and strategic initiatives offset by challenges in profitability and market sentiment. The company's stock has seen institutional investor activity and varying analyst ratings, reflecting the complexity of its investment outlook.

References:
[1] https://www.tipranks.com/news/insider-trading/ceo-cashes-out-major-stock-sale-at-weave-communications-insider-trading
[2] https://www.marketbeat.com/instant-alerts/filing-connor-clark-lunn-investment-management-ltd-has-397-million-holdings-in-weave-communications-inc-nyseweav-2025-08-14/