Snap Inc (NYSE:SNAP) Director Mitchell Lasky sold 25,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $18.71, for a total transaction of $467,750.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

Mitchell Lasky also recently made the following trade(s):

  • On Tuesday, February 6th, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $13.98, for a total transaction of $349,500.00.
  • On Tuesday, January 30th, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $13.30, for a total transaction of $332,500.00.
  • On Tuesday, January 23rd, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $14.40, for a total transaction of $360,000.00.
  • On Tuesday, January 16th, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $13.54, for a total transaction of $338,500.00.
  • On Tuesday, January 9th, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $14.11, for a total transaction of $352,750.00.
  • On Tuesday, January 2nd, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $14.90, for a total transaction of $372,500.00.
  • On Tuesday, December 26th, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $14.96, for a total transaction of $374,000.00.
  • On Tuesday, December 19th, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $15.81, for a total transaction of $395,250.00.
  • On Tuesday, December 12th, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $15.92, for a total transaction of $398,000.00.
  • On Tuesday, December 5th, Mitchell Lasky sold 25,000 shares of Snap stock. The shares were sold at an average price of $14.79, for a total transaction of $369,750.00.

Snap Inc (NYSE SNAP) traded up $0.98 during trading on Wednesday, reaching $19.56. 38,678,343 shares of the company’s stock were exchanged, compared to its average volume of 30,430,000. The firm has a market cap of $23,560.00 and a price-to-earnings ratio of -5.91. Snap Inc has a 52-week low of $11.28 and a 52-week high of $29.44.

SNAP has been the topic of several research analyst reports. Goldman Sachs Group restated a “buy” rating and set a $23.00 price target (up from $18.00) on shares of Snap in a report on Thursday, February 8th. Bank of America upgraded shares of Snap from a “neutral” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Wednesday, February 7th. BidaskClub cut shares of Snap from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. Raymond James Financial restated an “underperform” rating on shares of Snap in a report on Friday, January 12th. Finally, Wedbush restated a “hold” rating and set a $12.00 price target on shares of Snap in a report on Friday, November 3rd. Fourteen investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and fifteen have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $18.25.

A number of institutional investors have recently added to or reduced their stakes in SNAP. Coatue Management LLC raised its position in shares of Snap by 16.1% during the fourth quarter. Coatue Management LLC now owns 27,390,619 shares of the company’s stock valued at $400,176,000 after buying an additional 3,791,168 shares during the last quarter. BlackRock Inc. raised its position in shares of Snap by 17.8% during the fourth quarter. BlackRock Inc. now owns 11,648,770 shares of the company’s stock valued at $170,188,000 after buying an additional 1,762,106 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Snap by 23.7% during the second quarter. Vanguard Group Inc. now owns 8,353,729 shares of the company’s stock valued at $148,446,000 after buying an additional 1,601,170 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Snap by 11.6% during the third quarter. JPMorgan Chase & Co. now owns 7,650,826 shares of the company’s stock valued at $110,556,000 after buying an additional 797,290 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Snap by 11.3% during the fourth quarter. First Trust Advisors LP now owns 6,546,551 shares of the company’s stock valued at $95,645,000 after buying an additional 662,450 shares during the last quarter. 18.98% of the stock is owned by hedge funds and other institutional investors.

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Snap Company Profile

Snap Inc, formerly Snapchat, Inc, is a camera company. The Company’s flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. The Company offers three ways for people to make Snaps: the Snapchat application, Publishers Tools that help its partners to create Publisher Stories, and Spectacles, its sunglasses that make Snaps.

Insider Buying and Selling by Quarter for Snap (NYSE:SNAP)

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