Days-to-cover ratio for SNAP declines to 0.99 due to decline in short interest

Jaxson Clark

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Snap Inc shares valued at $8,003,700 were sold by Murphy Robert C. on Nov 07 ’25. At $8.00 per share, Murphy Robert C. sold 1,000,000 shares. The insider’s holdings dropped to 51,911,126 shares worth approximately $445.4 million following the completion of this transaction.

Also, Murphy Robert C. purchased 1,000,000 shares, netting a total of over 7,943,662 in proceeds.

Before that, O’Sullivan Michael J. had sold 24,000 shares from its account. In a trade valued at $185,623, the General Counsel traded Snap Inc shares for $7.73 each. Upon closing the transaction, the insider’s holdings decreased to 24,000 shares, worth approximately $4.21 million.

As published in a research note from New Street on October 28, 2025, Snap Inc [SNAP] has been rated down from a Buy to a Neutral. Analysts at Stifel downgraded the stock from ‘”a Hold”‘ to ‘”a Sell”‘ outlook in a report released in late October. As of September 30, 2025, Mizuho has initiated its “Neutral” rating for SNAP. Earlier on August 06, 2025, Citizens JMP downgraded its rating. Their new recommendation was “a Mkt perform” for SNAP stock which previously was a “a Mkt outperform”.

Analyzing SNAP Stock Performance

On last trading session, Snap Inc [NYSE: SNAP] plunged -5.61% to $8.58. The stock’s lowest price that day was $8.55, but it reached a high of $9.0487 in the same session. During the last five days, there has been a surge of approximately 7.12%. Over the course of the year, Snap Inc shares have dropped approximately -28.26%. Shares of the company reached a 52-week high of $13.28 on 01/10/25 and a 52-week low of $6.90 on 09/02/25.

Support And Resistance Levels for Snap Inc (SNAP)

According to the 24-hour chart, there is a support level at 8.40, which, if violated, would cause prices to drop to 8.23. In the upper region, resistance lies at 8.90. The next price resistance is at 9.23. RSI (Relative Strength Index) is 57.93 on the 14-day chart, showing neutral technical sentiment.

Is Snap Inc subject to short interest?

Stocks of Snap Inc saw a sharp steep in short interest on 2025-10-31 dropping by -7.04 million shares to 77.67 million. Data from Yahoo Finance shows that the short interest on 2025-09-30 was 84.71 million shares. A decline of -9.06% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.99 of the overall float, the days-to-cover ratio (short ratio) decline to 0.99.

Which companies own the most shares of Snap Inc (SNAP)?

In terms of Snap Inc share price expectations, FactSet research, analysts set an average price target of 8.5 in the next 12 months, down nearly -6.49% from the previous closing price of $9.09. Analysts anticipate Snap Inc stock to reach 9 by 2025, with the lowest price target being 7. In spite of this, 28 analysts ranked Snap Inc stock as Buy at the end of 2025.

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