Snap Inc’s recently made public that its Officer Mohan Ajit acquired Company’s shares for reported $0.22 million on Jun 16 ’25. In the deal valued at $8.04 per share,27,608 shares were bought.
Then, O’Sullivan Michael J. bought 14,297 shares, generating $114,950 in total proceeds.
Before that, Morrow Rebecca bought 2,578 shares. Snap Inc shares valued at $20,721 were divested by the Officer at a price of $8.04 per share.
Guggenheim downgraded its Snap Inc [SNAP] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who remained covering the stock and in early February has reiterated a ‘”an Overweight”‘ rating for it. Wells Fargo also remained covering SNAP and has decreased its forecast on February 05, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. JMP Securities revised its rating on October 23, 2024. It rated SNAP as “a Mkt outperform” which previously was an “a Mkt perform”.
Price Performance Review of SNAP
On Tuesday, Snap Inc [NYSE:SNAP] saw its stock fall -1.09% to $8.18. Over the last five days, the stock has lost -3.65%. Snap Inc shares have fallen nearly -24.05% since the year began. Nevertheless, the stocks have fallen -47.60% over the past one year. While a 52-week high of $17.33 was reached on 01/10/25, a 52-week low of $7.08 was recorded on 04/08/25.
Levels Of Support And Resistance For SNAP Stock
The 24-hour chart illustrates a support level at 8.09, which if violated will result in even more drops to 7.99. On the upside, there is a resistance level at 8.30. A further resistance level may holdings at 8.42.
The most recent change occurred on September 20, 2024 when B. Riley Securities began covering the stock and recommended ‘”a Neutral”‘ rating along with a $11 price target.
