TaoWeave (NASDAQ:TWAV) Trading Up 5.7% – Should You Buy?

Posted by Nicole Kennedy on Mar 5th, 2026

TaoWeave, Inc. (NASDAQ:TWAV – Get Free Report)’s share price rose 5.7% during mid-day trading on Monday . The stock traded as high as $0.97 and last traded at $0.9277. Approximately 79,667 shares traded hands during trading, a decline of 71% from the average daily volume of 271,032 shares. The stock had previously closed at $0.8780.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of TaoWeave in a report on Tuesday, February 10th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Get Our Latest Report on TaoWeave

TaoWeave Stock Up 5.4%

The firm has a market capitalization of $3.21 million, a P/E ratio of -0.58 and a beta of 3.29. The business’s 50-day simple moving average is $1.52 and its 200 day simple moving average is $2.22.

Hedge Funds Weigh In On TaoWeave

Large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC purchased a new stake in TaoWeave during the fourth quarter valued at about $131,000. Boothbay Fund Management LLC bought a new stake in shares of TaoWeave in the 3rd quarter valued at about $120,000. Two Sigma Investments LP purchased a new stake in TaoWeave during the 3rd quarter valued at about $58,000. Citadel Advisors LLC bought a new position in TaoWeave during the 3rd quarter worth approximately $56,000. Finally, XTX Topco Ltd bought a new position in TaoWeave during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 1.98% of the company’s stock.

About TaoWeave

(Get Free Report)

Oblong Inc, together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications.