SVP Eric Young sold 117.6K SNAP shares at $8.59; stock -48.5% from 52-week high, unprofitable company, 3 of 5 prior same-ticker sells showed negative 90d returns.
Young Eric sold 117,592 shares at $8.59, reducing his holdings by 11.2% to 933,967 shares. The sale occurred when SNAP traded 48.5% below its 52-week high of $16.84, despite the stock being up 10.2% over the prior 30 days. His cross-ticker track record shows a 90-day well-timed rate of 60.00%, indicating modest skill at selling before declines, though at this specific ticker SNAP, timing has been mixed: 3 of 5 prior sells saw negative 90-day returns (well-timed) while 2 saw gains. The company remains unprofitable (net income of $-139,587,000.00 against $1,363,217,000.00 quarterly revenue) and trades at a depressed valuation relative to its 52-week range. This sale represents a material reduction of his stake and warrants monitoring against subsequent price action to assess whether it aligns with his historical pattern of selling before declines.