Weave Communications CRO Sells $138K in Shares

Insider sale represents 4.71% reduction in stake as company faces mixed analyst sentiment

Published on Mar. 10, 2026

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Weave Communications, Inc. (NYSE:WEAV) Chief Revenue Officer Joseph David McNeil sold 25,000 shares of the company's stock on March 6th at an average price of $5.53 per share, for a total transaction of $138,250. The sale reduced McNeil's stake in the company by 4.71%, leaving him with 505,721 shares valued at around $2.8 million.

Why it matters

The insider sale comes as Weave Communications faces mixed analyst sentiment, with the stock trading around $5.42 and the company reporting negative net margins and returns on equity. Institutional investors own about 86.8% of Weave's shares.

The details

McNeil's sale represented a 4.71% reduction in his position in Weave Communications. The company reported Q4 EPS of $0.03, meeting estimates, on $63.4 million in revenue. However, Weave still shows a negative net margin of -11.74% and negative ROE of -33.06%, and analysts forecast -$0.33 EPS for the current fiscal year.

  • On March 6, 2026, Joseph David McNeil sold 25,000 shares of Weave Communications stock.

The players

Joseph David McNeil

Chief Revenue Officer of Weave Communications, Inc.

Weave Communications, Inc.

A technology company that provides integrated communications and customer management solutions for small- to medium-sized local businesses.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

This insider sale highlights the mixed outlook for Weave Communications, as the company continues to face profitability challenges despite growing revenue. The transaction underscores the need for the company to improve its financial performance and address analyst concerns in order to regain investor confidence.