CFO Andersen Derek sells 79,280 SNAP shares across 2 transactions (Nov 14-17) for $662,218.23; historically well-timed at 90-day mark at this ticker (5 of 5 prior sells)
Derek Andersen, SNAP's Chief Financial Officer, executed 2 separate sales totaling 79,280 shares for $662,218.23 on November 14-17, 2025, selling at $8.40 and $8.34 respectively (blended average $8.35). While the current price of $8.25 is only marginally below transaction prices, Andersen's timing pattern at SNAP warrants attention: across 5 prior sales at this ticker dating back to December 2024, all 5 demonstrated negative 90-day returns, with the insider's 90-day well-timed rate at SNAP standing at 100% (5 of 5 well-timed). His cross-ticker track record shows a 77.78% well-timed rate across 13 prior sells with an average 90-day return of -13.6%, indicating a demonstrated ability to identify inflection points before declines. The company remains unprofitable ($-103.5M net income on $1.5B revenue) despite 16.4% annual revenue growth, creating structural vulnerability; the stock is currently -35.8% from its 52-week high of $12.86. Post-transaction holdings of 3.03M shares represent a -2.5% reduction from prior holdings of 3.11M shares, a measured decrease rather than a dramatic exodus.