Insider Sell: Alan Taylor Sells 44,245 Shares of Weave Communications Inc (WEAV)

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6 days ago

On December 16, 2024, Alan Taylor, the Chief Financial Officer of Weave Communications Inc (WEAV, Financial), sold 44,245 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 301,734 shares of the company. Weave Communications Inc is a company that provides a customer communication platform for small and medium-sized businesses. The platform integrates various communication channels, including phone, text, email, and social media, to help businesses manage customer interactions more effectively. Over the past year, Alan Taylor has sold a total of 197,359 shares and has not purchased any shares. The insider transaction history for Weave Communications Inc shows that there have been 0 insider buys and 40 insider sells over the same timeframe. 1869563760369364992.png On the day of the recent sale, shares of Weave Communications Inc were trading at $15.98, giving the stock a market cap of $1.126 billion. The GF Value of the stock is estimated at $9.74, resulting in a price-to-GF-Value ratio of 1.64. This indicates that the stock is significantly overvalued based on its GF Value. 1869563785459691520.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on three factors: - Historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.