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Snap Inc (SNAP) CFO Derek Andersen Sold $553,811 of Shares

CFO of Snap Inc (30-Year Financial, Insider Trades) Derek Andersen (insider trades) sold 34,570 shares of SNAP on 08/19/2019 at an average price of $16.02 a share. The total sale was $553,811.

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 $22.18 billion; its shares were traded at around $16.08 with and P/S ratio of 15.73. GuruFocus has detected 1 severe warning sign with Snap Inc. .

CEO Recent Trades:

  • CEO, 10% Owner Evan Spiegel sold 2,780,306 shares of SNAP stock on 07/26/2019 at the average price of $18.01. The price of the stock has decreased by 10.72% since.

CFO Recent Trades:

  • CFO Derek Andersen sold 34,570 shares of SNAP stock on 08/19/2019 at the average price of $16.02. The price of the stock has increased by 0.37% since.

Directors and Officers Recent Trades:

  • Senior VP, Engineering Jerry James Hunter sold 117,782 shares of SNAP stock on 08/20/2019 at the average price of $16.1. The price of the stock has decreased by 0.12% since.
  • Chief Strategy Officer Jared Grusd sold 61,534 shares of SNAP stock on 08/20/2019 at the average price of $16.02. The price of the stock has increased by 0.37% since.
  • Chief Business Officer Jeremi Gorman sold 66,662 shares of SNAP stock on 08/20/2019 at the average price of $16.02. The price of the stock has increased by 0.37% since.
  • General Counsel Michael J. O'sullivan sold 70,965 shares of SNAP stock on 08/19/2019 at the average price of $16.09. The price of the stock has decreased by 0.06% since.
  • VP, CAO, & CPO Lara Sweet sold 24,832 shares of SNAP stock on 08/16/2019 at the average price of $16.1. The price of the stock has decreased by 0.12% since.

For the complete insider trading history of SNAP, click here

.This article first appeared on GuruFocus.