Dynamic Technology Lab Private Ltd Boosts Holdings in Snap Inc. $SNAP

Dynamic Technology Lab Private Ltd raised its position in Snap Inc. (NYSE:SNAP) by 96.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 226,445 shares of the company’s stock after buying an additional 110,937 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Snap were worth $1,972,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NBC Securities Inc. increased its holdings in Snap by 154,650.0% in the first quarter. NBC Securities Inc. now owns 3,095 shares of the company’s stock valued at $26,000 after buying an additional 3,093 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in Snap in the fourth quarter valued at $30,000. Rakuten Securities Inc. increased its holdings in Snap by 155.4% in the first quarter. Rakuten Securities Inc. now owns 3,489 shares of the company’s stock valued at $30,000 after buying an additional 2,123 shares in the last quarter. Quarry LP purchased a new position in Snap in the first quarter valued at $34,000. Finally, Itau Unibanco Holding S.A. purchased a new position in Snap in the first quarter valued at $35,000. Hedge funds and other institutional investors own 47.52% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. UBS Group cut their price objective on shares of Snap from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. Loop Capital decreased their price objective on shares of Snap from $16.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, May 16th. Zacks Research downgraded shares of Snap from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. BMO Capital Markets decreased their price objective on shares of Snap from $13.00 to $12.00 and set an “outperform” rating on the stock in a report on Wednesday, August 6th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Snap in a report on Wednesday, August 6th. Five analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Snap has a consensus rating of “Hold” and an average price target of $34.16.

Snap Price Performance

Snap stock opened at $7.31 on Friday. Snap Inc. has a 52-week low of $6.90 and a 52-week high of $13.28. The firm has a market capitalization of $12.34 billion, a price-to-earnings ratio of -22.83 and a beta of 0.62. The company has a fifty day simple moving average of $8.45 and a 200-day simple moving average of $8.57. The company has a quick ratio of 3.88, a current ratio of 3.88 and a debt-to-equity ratio of 1.73.

Snap (NYSE:SNAP) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.16) EPS for the quarter, hitting the consensus estimate of ($0.16). Snap had a negative return on equity of 23.32% and a negative net margin of 9.69%.The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the firm earned ($0.15) EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. Snap has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Snap Inc. will post -0.3 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Derek Andersen sold 60,966 shares of Snap stock in a transaction on Monday, August 18th. The stock was sold at an average price of $7.17, for a total transaction of $437,126.22. Following the transaction, the chief financial officer owned 3,143,452 shares in the company, valued at $22,538,550.84. The trade was a 1.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Robert C. Murphy sold 1,000,000 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $7.80, for a total value of $7,800,000.00. Following the transaction, the chief technology officer owned 53,215,224 shares of the company’s stock, valued at approximately $415,078,747.20. This represents a 1.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,510,644 shares of company stock worth $11,688,447 in the last quarter. 22.68% of the stock is currently owned by insiders.

About Snap

Snap Inc operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images.