In a report released today, Mark Schappel from Loop Capital Markets reiterated a Buy rating on Weave Communications (WEAV – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $11.03.
According to TipRanks, Schappel is a 5-star analyst with an average return of 8.7% and a 57.28% success rate. Schappel covers the Technology sector, focusing on stocks such as Tyler Technologies, Ansys, and Pegasystems.
Weave Communications has an analyst consensus of Moderate Buy, with a price target consensus of $11.83.
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WEAV market cap is currently $771.3M and has a P/E ratio of -16.47.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WEAV in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Weave Communications Inc is a all-in-one customer communications and engagement software platform for small and medium-sized businesses.
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