Snap Inc (SNAP) CEO Evan Spiegel Sold $25.4 million of Shares

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CEO of Snap Inc (SNAP) Evan Spiegel sold 1,501,300 shares of SNAP on 03/01/2018 at an average price of $16.91 a share. The total sale was $25.4 million.

Snap Inc is a camera application developer. Its main product is Snapchat, a camera application created to help people communicate through short videos and images. It also offers Spectacles, which are camera-enabled sunglasses. Snap Inc has a market cap of $22.1 billion; its shares were traded at around $18.01 with and P/S ratio of 23.03.


CEO Recent Trades:

  • CEO, 10% Owner Evan Spiegel sold 1,501,300 shares of SNAP stock on 03/01/2018 at the average price of $16.91. The price of the stock has increased by 6.51% since.

  • CEO, 10% Owner Evan Spiegel sold 2,675,675 shares of SNAP stock on 02/14/2018 at the average price of $18.72. The price of the stock has decreased by 3.79% since.

Directors and Officers Recent Trades:

  • Director Mitchell Lasky sold 25,000 shares of SNAP stock on 02/27/2018 at the average price of $16.76. The price of the stock has increased by 7.46% since.

  • Director Michael Lynton sold 29,000 shares of SNAP stock on 02/22/2018 at the average price of $17.45. The price of the stock has increased by 3.21% since.

  • Director Mitchell Lasky sold 25,000 shares of SNAP stock on 02/20/2018 at the average price of $19.27. The price of the stock has decreased by 6.54% since.

  • VP, Chief Accounting Officer Lara Sweet sold 2,143 shares of SNAP stock on 02/20/2018 at the average price of $19.43. The price of the stock has decreased by 7.31% since.

  • Senior VP, Engineering Jerry James Hunter sold 97,656 shares of SNAP stock on 02/20/2018 at the average price of $19.38. The price of the stock has decreased by 7.07% since.

For the complete insider trading history of SNAP, click here

.This article first appeared on GuruFocus.