Snap Inc’s recent filing unveils that its Chief Business Officer Mohan Ajit unloaded Company’s shares for reported $0.27 million on Jul 16 ’25. In the deal valued at $9.40 per share,28,201 shares were sold. As a result of this transaction, Mohan Ajit now holds 5,676,293 shares worth roughly $58.75 million.
Then, Mohan Ajit bought 28,201 shares, generating $265,002 in total proceeds.
Before that, O’Sullivan Michael J. sold 24,000 shares. Snap Inc shares valued at $208,978 were divested by the General Counsel at a price of $8.71 per share. As a result of the transaction, O’Sullivan Michael J. now holds 510,984 shares, worth roughly $5.29 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 4.76% to $10.35. Over the last five days, the stock has gained 9.18%. Snap Inc shares have fallen nearly -28.96% since the year began. Nevertheless, the stocks have fallen -3.90% over the past one year. While a 52-week high of $15.35 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 10.02, which if violated will result in even more drops to 9.70. On the upside, there is a resistance level at 10.54. A further resistance level may holdings at 10.74.
How much short interest is there in Snap Inc?
A steep rise in short interest was recorded in Snap Inc stocks on 2025-06-30, growing by 16.98 million shares to a total of 117.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-30 was 100.81 million shares. There was a rise of 14.42%, 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.
