DNB Asset Management AS Acquires 847,447 Shares of Snap Inc. $SNAP

DNB Asset Management AS grew its stake in Snap Inc. (NYSE:SNAP) by 433.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,042,873 shares of the company’s stock after acquiring an additional 847,447 shares during the period. DNB Asset Management AS owned 0.06% of Snap worth $8,041,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Empowered Funds LLC grew its stake in Snap by 13.3% in the first quarter. Empowered Funds LLC now owns 40,393 shares of the company’s stock valued at $352,000 after purchasing an additional 4,754 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Snap by 18.6% in the second quarter. Envestnet Asset Management Inc. now owns 27,566 shares of the company’s stock valued at $240,000 after buying an additional 4,332 shares in the last quarter. Teacher Retirement System of Texas grew its stake in shares of Snap by 5.2% in the second quarter. Teacher Retirement System of Texas now owns 164,086 shares of the company’s stock valued at $1,426,000 after buying an additional 8,178 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in Snap during the second quarter worth $1,256,000. Finally, Simon Quick Advisors LLC bought a new stake in Snap during the second quarter worth $100,000. Institutional investors and hedge funds own 47.52% of the company’s stock.

Trending Headlines about Snap

Here are the key news stories impacting Snap this week:

• Positive Sentiment: Zacks Research raised multiple quarterly and annual EPS forecasts for Snap across 2026–2027 (examples: FY2026 to -$0.25 from -$0.35; FY2027 to -$0.12 from -$0.26), reflecting expectations for gradual margin improvement and a path toward profitability. These upward revisions are bullish for future earnings expectations.
• Positive Sentiment: Zacks specifically lifted several quarterly outlooks (Q1–Q4 2026 and Q1–Q4 2027), including turning Q4 2026/2027 forecasts to ~$0.00 EPS in some cases — signaling analyst confidence that Snap’s revenue growth and cost discipline could drive break-even quarters. Snap Inc. (SNAP) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Media/market attention is increasing (Zacks highlighted SNAP as attracting interest), which can raise volume and volatility but does not by itself guarantee a directional move.
• Negative Sentiment: Fundamentals remain a concern: Snap missed EPS in its most recent quarterly report (Feb 4), still posts negative net margins and negative ROE, and consensus forecasts for the near term remain loss-making (analysts still model FY2026 around -$0.25 to -$0.30). Those factors limit upside and keep valuation risk elevated.
• Negative Sentiment: Technicals and balance-sheet context are mixed: SNAP is trading below its 50- and 200-day moving averages, has a debt-to-equity ratio above 1.5, and recently traded near its 52-week low — all of which can pressure the stock while it repairs profitability.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Citigroup decreased their price objective on shares of Snap from $10.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. The Goldman Sachs Group reduced their price target on Snap from $9.50 to $8.50 and set a “neutral” rating for the company in a report on Tuesday, January 13th. TD Cowen lowered their price target on Snap from $9.00 to $8.00 and set a “hold” rating on the stock in a research report on Thursday, February 5th. Rosenblatt Securities dropped their price objective on Snap from $9.50 to $6.40 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Finally, Truist Financial lifted their target price on Snap from $10.00 to $11.00 and gave the stock a “hold” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, twenty have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $8.17.

Insider Buying and Selling at Snap

In other news, CFO Derek Andersen sold 63,041 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $4.70, for a total value of $296,292.70. Following the completion of the transaction, the chief financial officer directly owned 3,892,617 shares in the company, valued at approximately $18,295,299.90. The trade was a 1.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Zachary M. Briers sold 68,620 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $4.73, for a total transaction of $324,572.60. Following the sale, the general counsel directly owned 2,785,468 shares of the company’s stock, valued at approximately $13,175,263.64. This trade represents a 2.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,526,487 shares of company stock valued at $13,435,587 over the last three months.

Snap Trading Down 1.0%

Shares of NYSE:SNAP opened at $5.21 on Monday. The business’s 50 day simple moving average is $6.79 and its 200 day simple moving average is $7.42. Snap Inc. has a 1 year low of $4.65 and a 1 year high of $10.41. The company has a debt-to-equity ratio of 1.53, a current ratio of 3.56 and a quick ratio of 3.56. The company has a market capitalization of $8.79 billion, a P/E ratio of -19.28 and a beta of 0.83.

Snap (NYSE:SNAP) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.12). The company had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.70 billion. Snap had a negative net margin of 7.76% and a negative return on equity of 20.72%. Snap’s revenue was up 10.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.01 earnings per share. On average, research analysts anticipate that Snap Inc. will post -0.3 EPS for the current fiscal year.

Snap Company Profile

Snap Inc is a camera and social media company best known for developing and operating Snapchat, a multimedia messaging application that allows users to send photos, videos and messages that disappear after being viewed. In addition to its core messaging service, Snap offers a suite of augmented reality (AR) tools, including custom Lenses and Filters, that enable users and third-party developers to create interactive and immersive experiences. The company also provides advertising solutions that allow brands to engage audiences through Snap Ads, Sponsored Lenses and Discover content on the platform.

Founded in 2011 by Evan Spiegel and Bobby Murphy, Snap has continually focused on innovation in camera technology and AR.