Lara Sweet Sells 863 Shares of Snap Inc (SNAP) Stock
Snap Inc (NYSE:SNAP) CAO Lara Sweet sold 863 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $20.25, for a total value of $17,475.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Lara Sweet also recently made the following trade(s):
- On Tuesday, February 20th, Lara Sweet sold 1,280 shares of Snap stock. The shares were sold at an average price of $18.88, for a total value of $24,166.40.
- On Tuesday, December 19th, Lara Sweet sold 29,296 shares of Snap stock. The shares were sold at an average price of $15.92, for a total value of $466,392.32.
Shares of Snap Inc (SNAP) traded down $1.49 during mid-day trading on Tuesday, hitting $18.93. The stock had a trading volume of 42,680,129 shares, compared to its average volume of 31,442,576. Snap Inc has a one year low of $11.28 and a one year high of $29.44. The firm has a market capitalization of $22,800.00 and a price-to-earnings ratio of -5.72.
Several hedge funds have recently modified their holdings of SNAP. First Manhattan Co. raised its stake in shares of Snap by 384.5% in the third quarter. First Manhattan Co. now owns 7,631 shares of the company’s stock valued at $110,000 after purchasing an additional 6,056 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Snap by 967.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,005 shares of the company’s stock valued at $116,000 after purchasing an additional 7,255 shares in the last quarter. Nelson Roberts Investment Advisors LLC raised its stake in shares of Snap by 10,033.0% in the third quarter. Nelson Roberts Investment Advisors LLC now owns 10,133 shares of the company’s stock valued at $147,000 after purchasing an additional 10,033 shares in the last quarter. Aperio Group LLC acquired a new position in shares of Snap in the fourth quarter valued at $149,000. Finally, First Allied Advisory Services Inc. acquired a new position in shares of Snap in the fourth quarter valued at $152,000. Institutional investors own 18.24% of the company’s stock.
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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.
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