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Snap Inc (SNAP) CEO Evan Spiegel Sold $44.4 million of Shares

- By insider

CEO of Snap Inc (SNAP) Evan Spiegel sold 4,447,107 shares of SNAP on 03/05/2019 at an average price of $9.98 a share. The total sale was $44.4 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 $13.32 billion; its shares were traded at around $10.08 with and P/S ratio of 11.24.


CEO Recent Trades:

  • CEO, 10% Owner Evan Spiegel sold 4,447,107 shares of SNAP stock on 03/05/2019 at the average price of $9.98. The price of the stock has increased by 1% since.

CFO Recent Trades:

  • CFO, VP and CAO Lara Sweet sold 22,818 shares of SNAP stock on 02/25/2019 at the average price of $10.01. The price of the stock has increased by 0.7% since.
  • CFO, VP and CAO Lara Sweet sold 11,701 shares of SNAP stock on 02/20/2019 at the average price of $9.25. The price of the stock has increased by 8.97% since.

Directors and Officers Recent Trades:

  • General Counsel Michael J. O'sullivan sold 18,500 shares of SNAP stock on 02/28/2019 at the average price of $9.85. The price of the stock has increased by 2.34% since.
  • Chief Strategy Officer Jared Grusd sold 15,370 shares of SNAP stock on 02/25/2019 at the average price of $10. The price of the stock has increased by 0.8% since.
  • Chief Business Officer Jeremi Gorman sold 27,996 shares of SNAP stock on 02/25/2019 at the average price of $9.99. The price of the stock has increased by 0.9% since.
  • Senior VP, Engineering Jerry James Hunter sold 166,646 shares of SNAP stock on 02/20/2019 at the average price of $9.24. The price of the stock has increased by 9.09% since.
  • Chief Strategy Officer Jared Grusd sold 82,453 shares of SNAP stock on 02/20/2019 at the average price of $9.24. The price of the stock has increased by 9.09% since.

For the complete insider trading history of SNAP, click here

.This article first appeared on GuruFocus.