SCHEDULE 13G/A: Vanguard Group Discloses 6.23% Stake in Weave Communications Inc.

The Vanguard Group has reported a 6.23% beneficial ownership stake in Weave Communications Inc. as of December 31, 2024, according to a recent Schedule 13G filing.

Summary

• The Vanguard Group filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Weave Communications Inc.
• As of December 31, 2024, The Vanguard Group beneficially owns an aggregate of 4,536,462 shares of Weave Communications Inc. Common Stock.
• This ownership represents 6.23% of the total class of securities.
• The Vanguard Group holds sole dispositive power over 4,432,525 shares and shared dispositive power over 103,937 shares.
• The firm has shared voting power over 71,503 shares and no sole voting power.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: Neutral. This is a factual, routine disclosure of an ownership stake by a large institutional investor, with no explicit positive or negative implications stated within the document itself regarding the company's performance or future.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure by a major institutional investor, The Vanguard Group, detailing its passive ownership stake in Weave Communications Inc., a company operating in the communications technology sector. Such disclosures provide transparency on significant institutional holdings within the market.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and liquidity.

Key Dates

Keywords

Weave Communications Inc, Vanguard Group, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing, ownership stake