• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Snap Inc.

    2/14/22 12:17:36 PM ET
    $SNAP
    Computer Software: Programming Data Processing
    Technology
    Get the next $SNAP alert in real time by email
    SC 13G 1 d9353898_13-g.htm

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, DC 20549

     

    SCHEDULE 13G
    (Rule 13d-102)

     

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

    TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

    PURSUANT TO RULE 13d-2(b)

     

    (Amendment No.)*

     

     

    Snap Inc.
    (Name of Issuer)

     

     

     Common Stock, $0.00001 par value
    (Title of Class of Securities)

     

     

    83304A106
    (CUSIP Number)

     

     

    December 31, 2021
    (Date of Event Which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    [X] Rule 13d-1(b)

     

    [_] Rule 13d-1(c)

     

    [_] Rule 13d-1(d)

     

    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     
     

     


    CUSIP No.
    83304A106    
         
    1. NAME OF REPORTING PERSONS  
      I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
         
      Edgewood Management LLC  
         
    2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
        (a)  [_]
        (b)  [X]
         
    3. SEC USE ONLY  
         
         
         
    4. CITIZENSHIP OR PLACE OF ORGANIZATION  
         
      Connecticut  
         
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
         
    5. SOLE VOTING POWER  
         
      71,422,800  
         
    6. SHARED VOTING POWER  
         
      0  
         
    7. SOLE DISPOSITIVE POWER  
         
      73,260,575  
         
    8. SHARED DISPOSITIVE POWER  
         
      0  
         
    9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         
      73,260,575  
         
    10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
        [_]
         
         
    11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
         
      5.4%  
         
    12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
         
      IA  
         
             

     

    ____________

    (1)       Edgewood Management LLC may be deemed to be the beneficial owner of such securities by virtue of its role as the investment manager of the investment funds or accounts which own such securities.

     

     
     

     

    CUSIP No. 83304A106    

     

    Item 1. (a). Name of Issuer:  
           
        Snap Inc.  

     

      (b). Address of issuer's principal executive offices:  
           
       

    3000 31st Street

    Santa Monica, CA 90405

     

     

    Item 2. (a). Name of person filing:  
           
        Edgewood Management LLC  

     

      (b). Address or principal business office or, if none, residence:  
           
       

    600 Steamboat Road, Suite 103

    Greenwich, Connecticut 06830

     

     

      (c). Citizenship:  
           
        Connecticut  

     

      (d). Title of class of securities:  
           
         Common Stock, $0.00001 par value  

     

      (e). CUSIP No.:  
           
        83304A106  

     

     
     

     

    Item 3.

    If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

     

     

        (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
             
        (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
             
        (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
             
        (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
             
        (e) [X] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
             
        (f) [_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
             
        (g) [_] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
             
        (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
             
        (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
             
        (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
             
     
    Item 4. Ownership.
               

     

      Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

     

      (a) Amount beneficially owned:
         
        73,260,575

     

      (b) Percent of class:
         
        5.4%

     

     
     

     

      (c)   Number of shares as to which the person has:
         
        (i) Sole power to vote or to direct the vote 71,422,800 ,
             
        (ii)   Shared power to vote or to direct the vote 0 ,
             
        (iii) Sole power to dispose or to direct the disposition of 73,260,575 ,
             
        (iv)   Shared power to dispose or to direct the disposition of 0 .
             

     

    Item 5. Ownership of Five Percent or Less of a Class.
       
     

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [].

     

      N/A
       
    Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
       
     

    If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.

     

      All of the securities reported in this Schedule 13G are directly owned by advisory clients of Edgewood Management LLC.  None of those advisory clients may be deemed to beneficially own more than 5% of the Common Stock.
       
       
    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
       
     

    If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

     

      N/A
       

     

     
     

     

    Item 8. Identification and Classification of Members of the Group.
       
     

    If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.

     

      N/A
       
       
    Item 9. Notice of Dissolution of Group.
       
     

    Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.

     

      N/A
       
       
    Item 10. Certification.
         
        By signing below the Reporting Person certifies that, to the best of his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

     

     

     
     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

      February 14, 2022
      (Date)
       
       
      Edgewood Management LLC *
       
      By: /s/ Edgewood Management LLC
      Name: Olivia Fleming
      Title: Authorized Person
       

     

     

     

     

     

     

     

     

     

    Get the next $SNAP alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $SNAP

    DatePrice TargetRatingAnalyst
    2/11/2025Buy → Neutral
    Guggenheim
    2/5/2025Overweight
    Barclays
    2/5/2025$15.00 → $11.00Overweight → Equal Weight
    Wells Fargo
    10/23/2024$17.00Mkt Perform → Mkt Outperform
    JMP Securities
    9/20/2024$11.00Neutral
    B. Riley Securities
    9/5/2024$8.00Neutral
    Cantor Fitzgerald
    8/2/2024Buy → Hold
    HSBC Securities
    7/23/2024$12.00 → $16.00Underweight → Equal-Weight
    Morgan Stanley
    More analyst ratings

    $SNAP
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Technology Officer Murphy Robert C. gifted 302,084 shares and sold $8,025,400 worth of shares (1,000,000 units at $8.03), decreasing direct ownership by 2% to 54,215,224 units (SEC Form 4)

      4 - Snap Inc (0001564408) (Issuer)

      5/5/25 8:00:03 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • General Counsel O'Sullivan Michael J. sold $185,875 worth of shares (24,000 units at $7.74) (SEC Form 4)

      4 - Snap Inc (0001564408) (Issuer)

      5/1/25 7:00:07 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • General Counsel O'Sullivan Michael J. sold $206,386 worth of shares (24,000 units at $8.60) (SEC Form 4)

      4 - Snap Inc (0001564408) (Issuer)

      4/2/25 7:00:04 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology

    $SNAP
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Snap downgraded by Guggenheim

      Guggenheim downgraded Snap from Buy to Neutral

      2/11/25 7:13:28 AM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Barclays reiterated coverage on Snap

      Barclays reiterated coverage of Snap with a rating of Overweight

      2/5/25 8:42:21 AM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Snap downgraded by Wells Fargo with a new price target

      Wells Fargo downgraded Snap from Overweight to Equal Weight and set a new price target of $11.00 from $15.00 previously

      2/5/25 7:04:12 AM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology

    $SNAP
    Financials

    Live finance-specific insights

    See more
    • Snap Inc. Announces First Quarter 2025 Financial Results

      First quarter revenue increased 14% year-over-year to $1,363 million Daily Active Users increased 9% year-over-year to 460 million Net loss improved 54% year-over-year to $140 million Adjusted EBITDA improved 137% year-over-year to $108 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter ended March 31, 2025. "We surpassed an important milestone in Q1, with our community growing to over 900 million monthly active users," said Evan Spiegel, CEO. "Quarterly revenue increased 14% year-over-year, driven by the progress we have made with our direct-response advertising solutions, continued momentum in driving performance for small and medium sized businesses, and

      4/29/25 4:10:00 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Snap Inc. Announces Date of First Quarter 2025 Results Conference Call

      Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss first quarter 2025 financial results on Tuesday, April 29, 2025 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com. View source

      4/2/25 4:10:00 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Snap Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

      Fourth quarter revenue increased 14% year-over-year to $1,557 million Daily Active Users increased 9% year-over-year to 453 million Fourth quarter net income of $9 million and Adjusted EBITDA of $276 million Fourth quarter operating cash flow of $231 million and Free Cash Flow of $182 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter and full year ended December 31, 2024. "In 2024 we made significant progress on our core priorities of growing our community and improving depth of engagement, driving top line revenue growth and diversifying our revenue sources, while building toward our long-term vision for augmented reality," said Evan Spiegel, CEO. "A

      2/4/25 4:10:00 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology

    $SNAP
    SEC Filings

    See more
    • SEC Form S-8 filed by Snap Inc.

      S-8 - Snap Inc (0001564408) (Filer)

      5/1/25 4:11:12 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • SEC Form 10-Q filed by Snap Inc.

      10-Q - Snap Inc (0001564408) (Filer)

      4/29/25 7:33:39 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Snap Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Snap Inc (0001564408) (Filer)

      4/29/25 4:11:23 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology

    $SNAP
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Snap Inc. (Amendment)

      SC 13G/A - Snap Inc (0001564408) (Subject)

      2/13/24 5:14:02 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • SEC Form SC 13G/A filed by Snap Inc. (Amendment)

      SC 13G/A - Snap Inc (0001564408) (Subject)

      2/9/24 9:49:30 AM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • SEC Form SC 13G/A filed by Snap Inc. (Amendment)

      SC 13G/A - Snap Inc (0001564408) (Subject)

      2/9/23 12:31:03 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology

    $SNAP
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Snap Inc. Announces First Quarter 2025 Financial Results

      First quarter revenue increased 14% year-over-year to $1,363 million Daily Active Users increased 9% year-over-year to 460 million Net loss improved 54% year-over-year to $140 million Adjusted EBITDA improved 137% year-over-year to $108 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter ended March 31, 2025. "We surpassed an important milestone in Q1, with our community growing to over 900 million monthly active users," said Evan Spiegel, CEO. "Quarterly revenue increased 14% year-over-year, driven by the progress we have made with our direct-response advertising solutions, continued momentum in driving performance for small and medium sized businesses, and

      4/29/25 4:10:00 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Snap Inc. Announces Date of First Quarter 2025 Results Conference Call

      Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss first quarter 2025 financial results on Tuesday, April 29, 2025 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com. View source

      4/2/25 4:10:00 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Later Announces Partnership with Snap Inc. Delivering the Industry's Most Comprehensive Integration for Social and Influencer Marketing

      BOSTON, Feb. 27, 2025 /PRNewswire/ -- Later, a leader in influencer marketing and social media management software and services, today announces a partnership with Snap Inc.  (NYSE:SNAP), that redefines creator partnerships and content publishing on Snapchat. The collaboration introduces two key capabilities through Snapchat's APIs: discovery of creator profiles within Later's influencer marketing platform, and automated content scheduling and posting through Later's social media management platform. Later is the first to integrate both Snapchat's Public Profile API (organic posting) and Creator Discovery API within the same platform.

      2/27/25 9:00:00 AM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology

    $SNAP
    Leadership Updates

    Live Leadership Updates

    See more
    • Later Announces Partnership with Snap Inc. Delivering the Industry's Most Comprehensive Integration for Social and Influencer Marketing

      BOSTON, Feb. 27, 2025 /PRNewswire/ -- Later, a leader in influencer marketing and social media management software and services, today announces a partnership with Snap Inc.  (NYSE:SNAP), that redefines creator partnerships and content publishing on Snapchat. The collaboration introduces two key capabilities through Snapchat's APIs: discovery of creator profiles within Later's influencer marketing platform, and automated content scheduling and posting through Later's social media management platform. Later is the first to integrate both Snapchat's Public Profile API (organic posting) and Creator Discovery API within the same platform.

      2/27/25 9:00:00 AM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Jim Lanzone Joins Snap Inc. Board of Directors

      Snap Inc. (NYSE:SNAP) announced today that Jim Lanzone, Chief Executive Officer of Yahoo Inc., has been appointed to the company's board of directors, effective as of September 12, 2024. "We are excited to welcome Jim to our board of directors and benefit from his experience in technology and digital advertising," said Evan Spiegel, co-founder and Chief Executive Officer of Snap Inc. "We look forward to working with and learning from him as we continue to grow our business." "Jim's strong technology background will be a key asset for Snap," said Michael Lynton, Chairperson of the board of directors of Snap Inc. "We are glad to have him on the board and I look forward to beginning our work

      9/13/24 4:10:00 PM ET
      $SNAP
      Computer Software: Programming Data Processing
      Technology
    • Xperi Announces Appointment of Two New Independent Directors

      Jeremi Gorman and Roderick Randall Have Expertise in Content Monetization, Digital Media, Automotive Technology and Capital Allocation Board Expands to Seven Directors Xperi Inc. (NYSE:XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops and delivers technologies that enable extraordinary experiences, today announced the appointment of Jeremi A. Gorman and Roderick K. ("Rod") Randall to the Board of Directors (the "Board"), effective June 10, 2024. Following the appointment of Ms. Gorman and Mr. Randall, the Board consists of seven directors, six of whom are independent. "We welcome Jeremi and Rod, both accomplished leaders with domain expertise

      6/10/24 4:05:00 PM ET
      $AMZN
      $FSR
      $GAME
      $NFLX
      Catalog/Specialty Distribution
      Consumer Discretionary
      Auto Manufacturing
      Services-Misc. Amusement & Recreation

    $SNAP
    FDA approvals

    Live FDA approvals issued by the Food and Drug Administration and FDA breaking news

    See more
    • June 7, 2024 - FDA Roundup: June 7, 2024

      For Immediate Release: June 07, 2024 Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency:  Today, the FDA announced that it has advised the manufacturers of the licensed and authorized COVID-19 vaccines that the COVID-19 vaccines (2024-2025 Formula) for use in the United States should be monovalent (single strain) JN.1 vaccines to more closely match cu

      6/7/24 3:46:22 PM ET
      $GERN
      $SRAX
      $SNAP
      Biotechnology: Pharmaceutical Preparations
      Health Care
      Advertising
      Consumer Discretionary
    • March 22, 2024 - FDA Roundup: March 22, 2024

      For Immediate Release: March 22, 2024 Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency:  Today, the FDA issued an emergency use authorization for Pemgarda (pemivibart) for the pre-exposure prophylaxis (prevention) of COVID-19 in certain adults and adolescents (12 years of age and older weighing at least 40 kilograms [about 88 pounds]).  Pemgarda is

      3/22/24 5:02:42 PM ET
      $SNAP
      $SRAX
      Computer Software: Programming Data Processing
      Technology
      Advertising
      Consumer Discretionary
    • November 9, 2023 - FDA Approves First Treatment for Patients with Rare Inherited Blood Clotting Disorder

      For Immediate Release: November 09, 2023 Today, the U.S. Food and Drug Administration approved Adzynma, the first recombinant (genetically engineered) protein product indicated for prophylactic (preventive) or on demand enzyme replacement therapy (ERT) in adult and pediatric patients with congenital thrombotic thrombocytopenic purpura (cTTP), a rare and life-threatening blood clotting disorder. “The FDA remains

      11/9/23 2:30:20 PM ET
      $SRAX
      $SNAP
      Advertising
      Consumer Discretionary
      Computer Software: Programming Data Processing
      Technology