Eurizon Capital SGR S.p.A. Acquires New Position in Snap Inc. $SNAP

Eurizon Capital SGR S.p.A. acquired a new stake in Snap Inc. (NYSE:SNAP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 201,821 shares of the company’s stock, valued at approximately $1,629,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP boosted its stake in Snap by 92.3% in the third quarter. Allworth Financial LP now owns 3,293 shares of the company’s stock valued at $25,000 after acquiring an additional 1,581 shares during the last quarter. V Square Quantitative Management LLC bought a new position in shares of Snap in the 4th quarter worth $29,000. EverSource Wealth Advisors LLC boosted its position in shares of Snap by 561.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,618 shares of the company’s stock worth $29,000 after purchasing an additional 3,071 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Snap in the 3rd quarter worth $33,000. Finally, Banque Cantonale Vaudoise bought a new stake in Snap in the third quarter valued at about $39,000. 47.52% of the stock is owned by institutional investors.

Insider Transactions at Snap

In other Snap news, General Counsel Zachary M. Briers sold 129,493 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $5.60, for a total value of $725,160.80. Following the completion of the transaction, the general counsel directly owned 2,644,538 shares of the company’s stock, valued at approximately $14,809,412.80. The trade was a 4.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Robert C. Murphy sold 2,000,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $5.44, for a total value of $10,880,000.00. Following the completion of the transaction, the chief technology officer directly owned 47,012,324 shares of the company’s stock, valued at approximately $255,747,042.56. The trade was a 4.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 3,009,372 shares of company stock valued at $16,537,250.

Snap Trading Down 1.6%

NYSE SNAP opened at $5.77 on Wednesday. Snap Inc. has a 12 month low of $3.81 and a 12 month high of $10.41. The company has a current ratio of 3.53, a quick ratio of 3.53 and a debt-to-equity ratio of 1.67. The company has a market capitalization of $9.74 billion, a PE ratio of -24.02 and a beta of 1.03. The stock has a 50-day simple moving average of $5.39 and a 200 day simple moving average of $6.32.

Snap (NYSE:SNAP) last posted its earnings results on Wednesday, May 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.14). Snap had a negative net margin of 6.72% and a negative return on equity of 18.92%. The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the firm posted ($0.08) earnings per share. The firm’s revenue was up 12.2% on a year-over-year basis. Research analysts forecast that Snap Inc. will post -0.06 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on SNAP. B. Riley Financial upgraded Snap from a “neutral” rating to a “buy” rating and set a $10.00 price objective for the company in a report on Thursday, February 5th. Guggenheim reiterated a “neutral” rating and issued a $6.50 price objective on shares of Snap in a report on Thursday, April 16th. Barclays upgraded Snap from an “overweight” rating to an “overweight” rating in a report on Monday, April 27th. Stifel Nicolaus upped their price objective on Snap from $4.50 to $5.25 and gave the company a “hold” rating in a report on Tuesday, April 21st. Finally, Arete Research set a $7.30 price objective on Snap and gave the company a “buy” rating in a report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Snap has a consensus rating of “Hold” and a consensus target price of $7.91.

Key Stories Impacting Snap

Here are the key news stories impacting Snap this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Snap, implying the company may lose less money than previously expected. The firm also lifted its Q1 2027 and Q4 2027 EPS estimates, which suggests improving profitability in some periods.
• Positive Sentiment: Zacks also increased its Q1 2028 EPS forecast for Snap, signaling a slightly better long-term earnings trajectory versus its prior view.
• Neutral Sentiment: The company still faces a weak earnings outlook overall, with Zacks projecting losses in multiple upcoming quarters and full years, including FY2027 and FY2028. That keeps expectations cautious even after a few upward revisions.
• Negative Sentiment: Zacks cut its Q3 2026, Q2 2027, and FY2027 EPS estimates, indicating analysts still see near- and medium-term profitability pressure for Snap.
• Negative Sentiment: The stock also continues to trade against a backdrop of prior earnings weakness, with Snap having recently missed EPS expectations even as revenue met estimates, which can limit investor enthusiasm. Stock page

About Snap

Snap Inc is a camera and social media company best known for developing and operating Snapchat, a multimedia messaging application that allows users to send photos, videos and messages that disappear after being viewed. In addition to its core messaging service, Snap offers a suite of augmented reality (AR) tools, including custom Lenses and Filters, that enable users and third-party developers to create interactive and immersive experiences. The company also provides advertising solutions that allow brands to engage audiences through Snap Ads, Sponsored Lenses and Discover content on the platform.

Founded in 2011 by Evan Spiegel and Bobby Murphy, Snap has continually focused on innovation in camera technology and AR.