SNAP ($SNAP) posted quarterly earnings results on Tuesday, April 29th. The company reported earnings of $0.04 per share, beating estimates of $0.03 by $0.01. The company also reported revenue of $1,363,220,000, missing estimates of $1,372,542,753 by $-9,322,753.
You can see Quiver Quantitative's $SNAP stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
SNAP Insider Trading Activity
SNAP insiders have traded $SNAP stock on the open market 31 times in the past 6 months. Of those trades, 0 have been purchases and 31 have been sales.
Here’s a breakdown of recent trading of $SNAP stock by insiders over the last 6 months:
- ROBERT C. MURPHY (Chief Technology Officer) has made 0 purchases and 2 sales selling 2,000,000 shares for an estimated $21,542,000.
- EVAN SPIEGEL (Chief Executive Officer) has made 0 purchases and 2 sales selling 300,000 shares for an estimated $3,450,240.
- ERIC YOUNG (SVP of Engineering) has made 0 purchases and 4 sales selling 321,672 shares for an estimated $3,436,293.
- MICHAEL J. O'SULLIVAN (General Counsel) has made 0 purchases and 10 sales selling 272,578 shares for an estimated $2,944,161.
- DEREK ANDERSEN (Chief Financial Officer) has made 0 purchases and 5 sales selling 229,625 shares for an estimated $2,447,826.
- REBECCA MORROW (CAO) has made 0 purchases and 5 sales selling 57,363 shares for an estimated $665,718.
- JOANNA COLES has made 0 purchases and 3 sales selling 8,403 shares for an estimated $101,204.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
SNAP Hedge Fund Activity
We have seen 245 institutional investors add shares of SNAP stock to their portfolio, and 263 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ removed 44,500,311 shares (-62.5%) from their portfolio in Q4 2024, for an estimated $479,268,349
- CAPITAL INTERNATIONAL INVESTORS added 39,187,434 shares (+inf%) to their portfolio in Q4 2024, for an estimated $422,048,664
- GOLDMAN SACHS GROUP INC removed 29,011,894 shares (-82.5%) from their portfolio in Q4 2024, for an estimated $312,458,098
- CAPITAL WORLD INVESTORS added 23,569,522 shares (+38.9%) to their portfolio in Q4 2024, for an estimated $253,843,751
- MORGAN STANLEY removed 13,781,098 shares (-73.0%) from their portfolio in Q4 2024, for an estimated $148,422,425
- MARSHALL WACE, LLP removed 10,318,408 shares (-87.7%) from their portfolio in Q4 2024, for an estimated $111,129,254
- AMUNDI removed 6,479,770 shares (-66.9%) from their portfolio in Q4 2024, for an estimated $69,787,122
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
SNAP Government Contracts
We have seen $25,154,780 of award payments to $SNAP over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- THE PURPOSE OF THIS DELIVERY ORDER IS TO PROCURE SERVICENOW LICENSES FOR THE DEPARTMENT OF HOMELAND SECURIT...: $7,328,089
- DATABRICKS SOFTWARE RENEWAL: $6,746,597
- OKTA IDENTITY MANAGEMENT AND ACCESS CLOUD SOFTWARE SUBSCRIPTION LICENSES AND MAINTENANCE RENEWAL: $1,783,755
- DMLSS & LOGICOLE SUPPORT SERVICES: $831,326
- FY24 DATABASE ADMINISTATOR/SAS PLATFORM: $729,589
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
SNAP Analyst Ratings
Wall Street analysts have issued reports on $SNAP in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Outperform" rating on 04/25/2025
- Wells Fargo issued a "Overweight" rating on 01/13/2025
- Guggenheim issued a "Buy" rating on 12/03/2024
To track analyst ratings and price targets for SNAP, check out Quiver Quantitative's $SNAP forecast page.
SNAP Price Targets
Multiple analysts have issued price targets for $SNAP recently. We have seen 4 analysts offer price targets for $SNAP in the last 6 months, with a median target of $13.5.
Here are some recent targets:
- Andrew Boone from JMP Securities set a target price of $12.0 on 04/25/2025
- Mark Kelley from Stifel Nicolaus set a target price of $8.0 on 04/23/2025
- Ken Gawrelski from Wells Fargo set a target price of $15.0 on 01/13/2025
- Alan Gould from Loop Capital Markets set a target price of $16.0 on 11/05/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
