SNAP CFO Has Sold Close To 4,865 Shares

SNAP
SNAP

The CFO of SNAP, Derek Anderson has gone ahead and sold close to 4,865 shares of the company in a 15th April research report. The average price of the stock was $62.62, with the total transaction coming to a sum of $306,646.30. The documentation of the transaction is readily available on the official website of the SEC.

The Quarterly Estimates Of SNAP

The stocks of SNAP traded on Monday at $0.81. The debt-to-equity ratio of the company has been set at 0.75, with a 5.43 quick ratio, along with a 5.43 current ratio. The moving average price of the company over 50 days is $58.63, with the moving average price of the company over 200 days set at $50.02. The year low of the company is $12.44, with the year high set at $73.59. The market cap of the firm is $91.16 billion, with a -80.51 PE ratio.

SNAP had previously updated its quarterly report on the 4th of February. The EPS reported by the company was $0.07, with the consensus at a sum of $0.07. The net margin of the company has been set at -49.74%, with a -48.53% return on equity. The revenue of the company in this period has been $911.32 million, which is considerably more than the consensus of $847.44 million.

There have been quite a few research equities that have commented on the stocks of SNAP. Evercore ISI has already given the company a rating of “outperform” with a price target of $68 set on the stock. Citigroup has also increased the price target of the company from $29 to $40 in a 12th February research report.

Piper Sandler has also increased the price target from $66 to $83 with a rating of overweight in a 2nd March research report. Jefferies Financial Group has increased the price target of $61 to $85 with a rating of buy in a 2nd March research report. 

One of the investment analysts provided the stocks with a rating of sell, while six others have given it a rating of hold. Thirty others have given it a rating of buy. Currently, SNAP has a buy rating with a $67 price target.

Previous articleKO Has Announced Their EPS At $0.55
Next articleJack Harlow: The Current Partner Of Addison Rae?