Weave Communications, Inc.
WEAV · Services-Prepackaged Software · 79.6M shares · +60%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$21M (gross $1M, SBC $23M)
Reference price $5.53 · est. market cap ~$440M — last insider sale, 2026-03-06 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C55SMB communications SaaS growing steadily, with GAAP losses but small positive free cash flow.
Strengths
- Steady growth — revenue +17.0% (47th)
- Positive free cash flow — FCF $15.2M (17th)
- Healthy gross margin — 72.1%
Risks
- GAAP losses — operating margin -12.8%, ROE -34.1% (12th)
- Thin FCF margin — 6.3%
- SMB churn and competition — per 10-K
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -11.7%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Chronic dilutionShare count +60%/yr over 4y (dilution, book value/share -89%)
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, RENAISSANCE TECHNOLOGIES LLC, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
72.1%
Operating margin
-12.8%
Net margin
-11.7%
Return on equity
-34.1%
Return on assets
-13.5%
Revenue growth (QoQ)
3.3%
Current ratio
1.2×
Free cash flow
$15M
EBITDA
-$19M
Tangible book value
$46M
Cash & investments
$55M
Stock comp / revenue
13.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Bertilson Marcus | Tax withheld | 12K | $5.44 |
| 2026-06-15 | Christiansen Jason Paul | Tax withheld | 1.8K | $5.44 |
| 2026-06-15 | WHITE BRETT T | Tax withheld | 35K | $5.44 |
| 2026-06-15 | McNeil Joseph David | Tax withheld | 19K | $5.44 |
| 2026-06-10 | TOMLIN DEBORA B | Grant | 33K | — |
| 2026-06-10 | Harvey Stuart C. JR | Grant | 33K | — |
| 2026-06-10 | Scanlon George P | Grant | 33K | — |
| 2026-06-10 | Newton Tyler | Grant | 33K | — |
| 2026-06-10 | McDermott Adrian | Grant | 33K | — |
| 2026-06-10 | Silverman David Richard | Grant | 33K | — |
| 2026-04-27 | WHITE BRETT T | Grant | 600K | — |
| 2026-04-27 | WHITE BRETT T | Grant | 600K | — |
| 2026-04-15 | Christiansen Jason Paul | Tax withheld | 35K | $5.22 |
| 2026-03-30 | Dubin Ryan | Grant | 69K | — |
| 2026-03-28 | Robson Herbert Edward II | Grant | 69K | — |
| 2026-03-26 | McNeil Joseph David | Grant | 300K | — |
| 2026-03-26 | Bertilson Marcus | Grant | 300K | — |
| 2026-03-26 | Christiansen Jason Paul | Grant | 300K | — |
| 2026-03-13 | Christiansen Jason Paul | Tax withheld | 4.0K | $4.88 |
| 2026-03-13 | McNeil Joseph David | Tax withheld | 34K | $4.88 |
| 2026-03-13 | Bertilson Marcus | Tax withheld | 20K | $4.88 |
| 2026-03-13 | WHITE BRETT T | Tax withheld | 118K | $4.88 |
| 2026-03-12 | Waltman Tyler Otis | Grant | 150K | — |
| 2026-03-06 | McNeil Joseph David | Sell | 25K | $5.53 |
| 2025-12-22 | Goodsell Erin | Sell | 9.6K | $6.89 |
| 2025-12-16 | Christiansen Jason Paul | Grant | 150K | — |
| 2025-12-16 | Bertilson Marcus | Grant | 150K | — |
| 2025-12-16 | McNeil Joseph David | Grant | 150K | — |
| 2025-12-15 | Goodsell Erin | Tax withheld | 7.5K | $6.75 |
| 2025-12-15 | Bertilson Marcus | Tax withheld | 14K | $6.75 |
| 2025-12-15 | WHITE BRETT T | Tax withheld | 50K | $6.75 |
| 2025-12-15 | McNeil Joseph David | Tax withheld | 14K | $6.75 |
| 2025-11-05 | Newton Tyler | Sell | 51K | $6.68 |
| 2025-09-22 | Christiansen Jason Paul | Sell | 3.9K | $7.50 |
| 2025-09-22 | Goodsell Erin | Sell | 9.5K | $7.50 |
| 2025-09-16 | Goodsell Erin | Sell | 7.6K | $7.73 |
| 2025-09-16 | McNeil Joseph David | Sell | 14K | $7.73 |
| 2025-09-16 | Christiansen Jason Paul | Sell | 4.1K | $7.73 |
| 2025-09-16 | WHITE BRETT T | Sell | 54K | $7.73 |
| 2025-09-16 | Bertilson Marcus | Sell | 14K | $7.73 |
| 2025-08-19 | Goodsell Erin | Sell | 1.0K | $8.02 |
| 2025-08-18 | WHITE BRETT T | Sell | 28K | $7.98 |
| 2025-08-18 | Goodsell Erin | Sell | 23K | $7.98 |
| 2025-08-01 | McDermott Adrian | Grant | 44K | — |
| 2025-06-17 | Christiansen Jason Paul | Sell | 3.9K | $8.48 |
| 2025-06-17 | Bertilson Marcus | Sell | 11K | $8.53 |
| 2025-06-17 | McNeil Joseph David | Sell | 14K | $8.53 |
| 2025-06-16 | WHITE BRETT T | Sell | 53K | $8.59 |
| 2025-06-16 | Christiansen Jason Paul | Sell | 4.1K | $8.59 |
| 2025-06-16 | Goodsell Erin | Sell | 7.5K | $8.59 |
| 2025-05-21 | CROSSLINK CAPITAL INC | Grant | 17K | — |
| 2025-05-21 | Modersitzki Blake G | Grant | 18K | — |
| 2025-05-21 | TOMLIN DEBORA B | Grant | 18K | — |
| 2025-05-21 | Harvey Stuart C. JR | Grant | 18K | — |
| 2025-05-21 | Scanlon George P | Grant | 18K | — |
| 2025-05-21 | Newton Tyler | Grant | 18K | — |
| 2025-05-21 | CROSSLINK CAPITAL INC | Grant | 1.4K | — |
| 2025-05-16 | WHITE BRETT T | Sell | 29K | $10.79 |
| 2025-05-16 | Newton Tyler | Sell | 51K | $10.78 |
| 2025-05-16 | Goodsell Erin | Sell | 24K | $10.79 |
| 2025-05-12 | Neish Branden | Sell | 17K | $11.00 |
| 2025-04-28 | WHITE BRETT T | Sell | 54K | $10.23 |
| 2025-04-28 | Neish Branden | Sell | 20K | $10.23 |
| 2025-03-24 | Goodsell Erin | Grant | 94K | — |
| 2025-03-24 | McNeil Joseph David | Grant | 125K | — |
| 2025-03-24 | WHITE BRETT T | Grant | 350K | — |
| 2025-03-24 | Neish Branden | Grant | 104K | — |
| 2025-03-24 | Bertilson Marcus | Grant | 115K | — |
| 2025-03-20 | Neish Branden | Sell | 19K | $11.32 |
| 2025-03-19 | Neish Branden | Sell | 26K | $11.33 |
| 2025-03-19 | Goodsell Erin | Sell | 20K | $11.33 |
| 2025-03-19 | Bertilson Marcus | Sell | 28K | $11.33 |
| 2025-03-19 | Taylor Alan | Sell | 39K | $11.39 |
| 2025-03-18 | Taylor Alan | Sell | 31K | $11.16 |
| 2025-03-18 | McNeil Joseph David | Sell | 52K | $11.16 |
| 2025-03-17 | WHITE BRETT T | Sell | 110K | $11.26 |
| 2025-03-14 | Taylor Alan | Sell | 794 | $11.18 |
| 2025-03-13 | Taylor Alan | Sell | 796 | $11.28 |
| 2025-03-05 | Newton Tyler | Gift | 153K | — |
| 2025-03-05 | Newton Tyler | Gift | 153K | — |
| 2025-02-19 | Goodsell Erin | Sell | 16K | $17.10 |
| 2025-02-18 | Modersitzki Blake G | Sell | 4.8K | $17.49 |
| 2025-02-18 | WHITE BRETT T | Sell | 28K | $17.36 |
| 2025-02-18 | Goodsell Erin | Sell | 24K | $17.36 |
| 2025-02-18 | Goodsell Erin | Sell | 2.1K | $17.51 |
| 2025-02-18 | Neish Branden | Sell | 1.1K | $17.51 |
| 2025-02-18 | Modersitzki Blake G | Sell | 70K | $17.49 |
| 2025-02-14 | Modersitzki Blake G | Sell | 39K | $17.48 |
| 2025-02-14 | Modersitzki Blake G | Sell | 2.7K | $17.48 |
| 2025-02-14 | Neish Branden | Sell | 5.1K | $17.51 |
| 2025-02-14 | Goodsell Erin | Sell | 9.3K | $17.52 |
| 2025-02-14 | Taylor Alan | Sell | 801 | $17.28 |
| 2025-02-13 | Taylor Alan | Sell | 789 | $17.01 |
| 2025-02-11 | Modersitzki Blake G | Sell | 1.4K | $17.45 |
| 2025-02-11 | Modersitzki Blake G | Sell | 21K | $17.45 |
| 2025-02-10 | Modersitzki Blake G | Sell | 5.8K | $17.45 |
| 2025-02-10 | Modersitzki Blake G | Sell | 399 | $17.45 |
| 2025-02-07 | Modersitzki Blake G | Sell | 5.1K | $17.45 |
| 2025-02-07 | Modersitzki Blake G | Sell | 351 | $17.45 |
| 2025-01-31 | Modersitzki Blake G | Sell | 97K | $16.53 |
| 2025-01-31 | Modersitzki Blake G | Sell | 6.6K | $16.53 |
| 2025-01-30 | Modersitzki Blake G | Sell | 56K | $16.51 |
| 2025-01-30 | Modersitzki Blake G | Sell | 3.8K | $16.51 |
| 2025-01-29 | Modersitzki Blake G | Sell | 38K | $16.47 |
| 2025-01-29 | Modersitzki Blake G | Sell | 2.6K | $16.47 |
| 2025-01-27 | WHITE BRETT T | Sell | 55K | $15.86 |
| 2025-01-27 | Neish Branden | Sell | 21K | $15.86 |
| 2025-01-24 | Modersitzki Blake G | Sell | 1.4K | $16.45 |
| 2025-01-24 | Modersitzki Blake G | Sell | 96 | $16.45 |
| 2025-01-14 | Taylor Alan | Sell | 796 | $15.46 |
| 2025-01-13 | Taylor Alan | Sell | 794 | $15.33 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-10 | Shareholder vote | filing ↗ |
| 2026-04-30 | ResultsExhibits | filing ↗ |
| 2026-03-30 | Material agreementExec/director changeReg FDExhibits | filing ↗ |
| 2026-02-19 | ResultsExhibits | filing ↗ |
| 2025-10-30 | ResultsExhibits | filing ↗ |
| 2025-07-31 | ResultsExhibits | filing ↗ |
| 2025-06-26 | Exec/director change | filing ↗ |
| 2025-06-04 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-10 | 2026-06-10 | 0001609151-26-000051 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0001609151-26-000049 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001609151-26-000046 ↗ |
| 8-K | 2026-03-30 | 2026-03-30 | 0001609151-26-000035 ↗ |
| 10-K | 2026-03-05 | 2025-12-31 | 0001609151-26-000016 ↗ |
| 8-K | 2026-02-19 | 2026-02-19 | 0001609151-26-000005 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001609151-25-000135 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001609151-25-000133 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001609151-25-000108 ↗ |
| 8-K | 2025-07-31 | 2025-07-31 | 0001609151-25-000102 ↗ |
| 8-K | 2025-06-26 | 2025-06-22 | 0001609151-25-000099 ↗ |
| 8-K | 2025-06-04 | 2025-06-04 | 0001609151-25-000087 ↗ |