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LEHI, Utah—Taylor Alan, the Chief Financial Officer of Weave Communications , Inc. (NYSE:WEAV), sold a total of 1,590 shares of the company’s common stock over two days, resulting in proceeds exceeding $27,000.
On February 13, Alan sold 789 shares at a price of $17.01 each, totaling approximately $13,420. The following day, February 14, he sold an additional 801 shares at $17.28 per share, bringing in around $13,841. After these transactions, Alan retains ownership of 280,336 shares in the company. With earnings scheduled for February 20 and revenue growing at 20.54% year-over-year, investors can access comprehensive analysis through InvestingPro’s detailed research reports.
The initial sale on February 13 was conducted to cover taxes due upon the release and settlement of restricted stock units. The subsequent sale on February 14 was executed under a pre-established Rule 10b5-1 sales plan, which Alan adopted on June 7, 2024.
In other recent news, Weave, a customer experience and payments software platform, has unveiled noteworthy integrations with Practice Fusion and Prompt aimed at enhancing healthcare communication and physical therapy management respectively. The integration with Practice Fusion, a cloud-based Electronic Health Records (EHR) system, is designed to improve workflow for healthcare providers. Features introduced include an automated data sync for patient contact and appointment information, a VoIP phone system, two-way texting, automatic texts for missed calls, and email marketing tools.
Similarly, the collaboration with Prompt, a software provider for rehab therapy practices, aims to streamline practice operations, reduce no-show rates, and enhance patient experience. Key features of this integration include a VoIP phone system with call identification, two-way texting, automated missed-call texts with online scheduling links, appointment reminders, and data synchronization between Prompt and Weave.
These recent developments reflect Weave’s ongoing efforts to connect the entire customer journey for healthcare businesses, from the initial phone call to the final invoice.
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