From Yahoo Finance: 2025-05-28 08:21:00

Wasatch Global Investors released its Q1 2025 investor letter for the Wasatch Micro-Cap Fund, reporting a -16.57% return, outperforming the benchmark Russell Microcap® Growth Index. U.S. equities fell due to various factors, impacting micro-cap companies. Check the fund’s top holdings for insights into its 2025 picks.

Weave Communications, Inc. (NYSE:WEAV) was highlighted in the investor letter as offering a customer experience platform for healthcare businesses. The stock had a one-month return of -6.70% and closed at $9.89 per share on May 27, 2025, with a market cap of $743.55 million. It was a top detractor for the fund’s performance in Q1.

Weave Communications, Inc. (NYSE:WEAV) was mentioned in the Q1 2025 letter as a top detractor, but with long-term growth potential. The company offers engagement solutions for dental offices and is expanding into other medical practices and businesses. It’s not among the 30 most popular stocks among hedge funds, but revenue increased by 18.3% from Q1 2024 to $55.8 million in Q1 2025.

A photo of an engineer configuring an email marketing system was included in the news.

Read more: Weave Communications (WEAV) Fell on Conservative 2025 Guidance