Snap Inc’s recently made public that its Chief Accounting Officer Morrow Rebecca unloaded Company’s shares for reported $20721.0 on Jun 16 ’25. In the deal valued at $8.04 per share,2,578 shares were sold. As a result of this transaction, Morrow Rebecca now holds 446,303 shares worth roughly $3.71 million.
Then, Andersen Derek sold 33,886 shares, generating $272,454 in total proceeds. Upon selling the shares at $8.04, the Chief Financial Officer now owns 3,204,418 shares.
Before that, Mohan Ajit sold 27,608 shares. Snap Inc shares valued at $221,957 were divested by the Chief Business Officer at a price of $8.04 per share. As a result of the transaction, Mohan Ajit now holds 2,526,855 shares, worth roughly $21.02 million.
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 jump 5.18% to $8.32. Over the last five days, the stock has gained 0.60%. Snap Inc shares have fallen nearly -45.94% since the year began. Nevertheless, the stocks have fallen -22.75% 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 8.13, which if violated will result in even more drops to 7.95. On the upside, there is a resistance level at 8.42. A further resistance level may holdings at 8.53.
How much short interest is there in Snap Inc?
A steep rise in short interest was recorded in Snap Inc stocks on 2025-05-30, growing by 12.29 million shares to a total of 100.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 88.53 million shares. There was a rise of 12.19%, which implies that there is a positive sentiment for the stock.
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.
