Snap Inc. CFO Douglas Hott sells $75,274 in stock
Douglas Hott, Snap Inc.'s CFO, sold 15,000 shares of the company's Class A Common Stock on November 11, 2026. The transaction amounted to $75,274, with shares exchanged at an average price of $5.0183 per share. The prices fluctuated between $5.00 and $5.05. The stock's current value stands at $5.26, reflecting a 35% decline year-to-date and substantially below its 52-week high of $9.07.
InvestingPro analysis suggests the stock is undervalued, trading far below Fair Value estimates and among the most undervalued stocks on the platform. The sale was executed under a Rule 10b5-1 trading plan that Hott established on June 4, 2026. Following this sale, Hott remains a direct shareholder with 2,309,563 shares in Snap Inc. Despite this insider sale, InvestingPro Tips point to analysts forecasting profitability for the company this year, signaling a potential turnaround for the social media platform.
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