Snap Inc’s recently made public that its Officer Michael O’Sullivan acquired Company’s shares for reported $0.21 million on Jun 30 ’25. In the deal valued at $8.69 per share,24,000 shares were bought.
Then, Morrow Rebecca sold 2,578 shares, generating $20,721 in total proceeds. Upon selling the shares at $8.04, the Chief Accounting Officer now owns 446,303 shares.
Before that, Andersen Derek sold 33,886 shares. Snap Inc shares valued at $272,454 were divested by the Chief Financial Officer at a price of $8.04 per share. As a result of the transaction, Andersen Derek now holds 3,204,418 shares, worth roughly $29.96 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 7.59% to $9.35. Over the last five days, the stock has gained 12.38%. Snap Inc shares have fallen nearly -43.57% since the year began. Nevertheless, the stocks have fallen -13.18% 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 9.00, which if violated will result in even more drops to 8.64. On the upside, there is a resistance level at 9.62. A further resistance level may holdings at 9.88.
How much short interest is there in Snap Inc?
A steep rise in short interest was recorded in Snap Inc stocks on 2025-06-13, growing by 11.72 million shares to a total of 103.11 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 91.4 million shares. There was a rise of 11.36%, 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.
