<div id="readability-page-1"><p>Snap Inc. (NYSE:SNAP - Get Free Report) CAO Rebecca Morrow sold 7,000 shares of the firm's stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $7.33, for a total transaction of $51,310.00. Following the sale, the chief accounting officer owned 490,054 shares of the company's stock, valued at $3,592,095.82. This represents a 1.41% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink.</p><ul><li>MarketBeat Week in Review – 10/20 - 10/24</li></ul><p>Rebecca Morrow also recently made the following trade(s): </p><ul><li>On Wednesday, December 17th, Rebecca Morrow sold 3,783 shares of Snap stock. The stock was sold at an average price of $7.34, for a total value of $27,767.22. </li><li>On Tuesday, December 16th, Rebecca Morrow sold 3,090 shares of Snap stock. The shares were sold at an average price of $7.22, for a total transaction of $22,309.80. </li><li>On Monday, November 17th, Rebecca Morrow sold 12,699 shares of Snap stock. The shares were sold at an average price of $8.34, for a total transaction of $105,909.66. </li></ul><h2>Snap Trading Up 1.4%</h2><p>NYSE:SNAP traded up $0.10 during trading hours on Wednesday, reaching $7.47. 61,684,349 shares of the stock were exchanged, compared to its average volume of 51,862,461. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $12.85 billion, a price-to-earnings ratio of -25.77 and a beta of 0.85. Snap Inc. has a twelve month low of $6.90 and a twelve month high of $13.28. The business has a 50-day moving average of $7.89 and a two-hundred day moving average of $8.15. </p><ul><li>2 Tech Stock Bargains Offering Buy the Dip Opportunities</li></ul><p>Snap (NYSE:SNAP - Get Free Report) last released its earnings results on Thursday, November 6th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.12). Snap had a negative net margin of 8.60% and a negative return on equity of 21.61%. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the firm earned ($0.09) earnings per share. The business's revenue was up 9.8% compared to the same quarter last year.  On average, equities analysts predict that  Snap Inc. will post -0.3 EPS for the current year. </p><h2>Institutional Trading of Snap</h2><p>Institutional investors have recently added to or reduced their stakes in the stock. Signaturefd LLC boosted its stake in shares of  Snap by 169.9% during the 2nd quarter. Signaturefd LLC now owns 2,942 shares of the company's stock worth $26,000 after acquiring an additional 1,852 shares in the last quarter.  Allworth Financial LP boosted its position in  Snap by 92.3% during the third quarter. Allworth Financial LP now owns 3,293 shares of the company's stock worth $25,000 after purchasing an additional 1,581 shares in the last quarter.  Quarry LP acquired a new stake in  Snap in the first quarter valued at $34,000.  Itau Unibanco Holding S.A. purchased a new position in shares of  Snap in the first quarter valued at $35,000.  Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of  Snap during the 3rd quarter worth $33,000. Hedge funds and other institutional investors own  47.52% of the company's stock. </p><h2>Analyst Ratings Changes</h2><ul><li>SoundHound AI Will Advance By Triple Digits in 2025: Here’s Why</li></ul><p>SNAP has been the subject of a number of recent research reports. Piper Sandler lifted their price target on shares of Snap from $9.00 to $10.00 and gave the stock a &#34;neutral&#34; rating in a research note on Thursday, November 6th. Susquehanna  reiterated a &#34;neutral&#34; rating and issued a $9.00 price target on shares of Snap in a research note on Thursday, November 6th. Guggenheim  restated a &#34;neutral&#34; rating and issued a $8.00 target price on shares of Snap in a report on Friday, September 12th. Stifel Nicolaus  set a $7.00 price target on shares of Snap in a research note on Thursday, November 6th. Finally, BMO Capital Markets raised their price target on Snap from $12.00 to $13.00 and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, November 6th. Three equities research analysts have rated the stock with a Buy rating, twenty-four have assigned  a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $9.85.</p><p><b>View Our Latest Research Report on Snap</b></p><h2>Snap Company Profile</h2> (Get Free Report)<p>Snap Inc operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images.</p><h2>See Also</h2><ul><li>Five stocks we like better than Snap</li><li>How to Buy Cheap Stocks Step by Step</li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>How to Effectively Use the MarketBeat Ratings Screener</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li><li>5 Top Rated Dividend Stocks to Consider</li><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNOQVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNOQVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Snap Right Now?</h2><p>Before you consider Snap, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Snap wasn't on the list.</p><p>While Snap currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SNAP

<p>Snap Inc.'s CAO Rebecca Morrow sold 7,000 shares at $7.33 each, totaling $51,310. Her ownership decreased by 1.41%, now holding 490,054 shares valued at $3.59 million. Snap's stock traded up 1.4% to $7.47. The company reported a negative EPS of ($0.06) for the quarter, missing estimates. Institutional investors adjusted their stakes, with hedge funds owning 47.52% of Snap's stock. Analysts provided mixed ratings, with price targets ranging from $7 to $13.</p>

Snap (NYSE:SNAP) CAO Rebecca Morrow Sells 7,000 Shares