Wasatch Advisors reports 2.3% stake in Weave
Wasatch Advisors filed an amended Schedule 13G reporting its beneficial ownership of Weave Communications Inc. common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Wasatch Advisors filed an amended Schedule 13G reporting its beneficial ownership of Weave Communications Inc. common stock. The firm reports owning 1,778,401 shares, representing 2.3% of the class as of the reporting date.
Wasatch Advisors has sole voting power over 1,668,387 shares and sole dispositive power over the full 1,778,401 shares, with no shared voting or dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Weave.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Wasatch Advisors’ Schedule 13G/A filing mean for Weave Communications (WEAV)?
What percentage of Weave Communications (WEAV) does Wasatch Advisors hold?
Is Wasatch Advisors a passive investor in Weave Communications (WEAV)?
Why does the Weave Communications (WEAV) filing mention ownership of 5% or less?
AI-generated analysis. How Rhea-AI works. Not financial advice.