Snap chief business officer Mohan Ajit sells $127,473 in stock
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Up 31%+, this AI-picked energy infrastructure play is a Middle East conflict win Oil resumes climb after previous session’s respite as Iran supply fears persist Wall Street extends this week’s rebound a day ahead of Fed interest rate decision Oil inventories seen falling to record lows in April amid Hormuz disruptions FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Snap chief business officer Mohan Ajit sells $127,473 in stock By Insider Trading Published 03/17/2026, 09:16 PM Snap chief business officer Mohan Ajit sells $127,473 in stock 0 SNAP -0.64% Snap Inc NASDAQ:SNAP Chief Business Officer Mohan Ajit sold 27,743 shares of Class A Common Stock on March 16, 2026, for approximately $127,473. The sales were executed at prices ranging from $4.555 to $4.665 per share. Following the transaction, Mohan directly owns 5,130,734 shares of Snap Inc.The sale comes as Snap’s stock trades near its 52-week low of $4.52, down 45% over the past six months. According to InvestingPro analysis, the stock appears undervalued with a Fair Value of $6.61, placing it among opportunities on the Most Undervalued list. An InvestingPro tip notes that analysts predict the company will be profitable this year, despite current losses. The sale was to cover tax withholding obligations related to the settlement and release of restricted stock units . In other recent news, Snap Inc. reported mixed fourth-quarter 2025 results, surpassing consensus estimates for revenue and adjusted EBITDA. The company’s performance was bolstered by growth in Snapchat+ paid subscribers and improved Direct Response advertising monetization. Meanwhile, Snap’s subscriber count recently crossed the 25 million milestone, marking a significant achievement for its subscription business. Several analyst firms have adjusted their price targets for Snap. Freedom Capital Markets, Truist Securities, and Piper Sandler all lowered their price targets to $8.00, ci...
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