Snap Inc (SNAP) CAO Lara Sweet Sells 863 Shares
Snap Inc (NYSE:SNAP) CAO Lara Sweet sold 863 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $20.25, for a total transaction of $17,475.75. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Lara Sweet also recently made the following trade(s):
- On Tuesday, February 20th, Lara Sweet sold 1,280 shares of Snap stock. The stock was sold at an average price of $18.88, for a total transaction of $24,166.40.
- On Tuesday, December 19th, Lara Sweet sold 29,296 shares of Snap stock. The stock was sold at an average price of $15.92, for a total transaction of $466,392.32.
Shares of Snap Inc (NYSE SNAP) opened at $18.93 on Wednesday. Snap Inc has a 12-month low of $11.28 and a 12-month high of $29.44.
Several brokerages recently commented on SNAP. BidaskClub downgraded shares of Snap from a “hold” rating to a “sell” rating in a research note on Thursday, October 26th. Vetr downgraded shares of Snap from a “strong-buy” rating to a “buy” rating and set a $16.95 price objective for the company. in a research note on Monday, October 30th. Wedbush reissued a “hold” rating and issued a $12.00 price objective on shares of Snap in a research note on Friday, November 3rd. Royal Bank of Canada downgraded shares of Snap from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $20.00 to $15.00 in a research note on Wednesday, November 8th. Finally, Barclays dropped their price objective on shares of Snap from $13.00 to $11.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 8th. Fifteen research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. Snap currently has a consensus rating of “Hold” and an average target price of $18.10.
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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