Insider Trading Roundup: Snap Interactive Inc. $STVI

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Snap Interactive Inc. (STVI) insider have most recently took part in a trading activity. On Nov 29, 2017 Katz Jason, CHMN of the Board, PRES & COO, 10% Owner bought 20,000 shares having total worth of $62,600 at the price of $3.13 per share, following the transaction a total of 517,235 shares owned by Katz Jason. Before this latest buy, Katz Jason purchased STVI at 2 other times during the past twelve months, for a total investment of $31,963 at an average of $1.8 per share.

The stock has experienced a total of 7 insider trades in the past three months. These trades include 7 buy trades. Furthermore, over the past 12 months , the stock was traded 8 times by insiders. an employee of the company was the buyer in 8 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 7 0 -22.42%
12 Month 8 0 -30.26%

Shares of Snap Interactive Inc. (STVI) traded down 5.19% on Dec 1, 2017, hitting $2.56. 1,607 shares of the company’s stock traded hands. Snap Interactive Inc. has a 52 week low of $1.5 and a 52 week high of $9.2. The company’s market cap is $0 million.

Snap Interactive, Inc., was incorporated under the laws of the State of Delaware on July 19, 2005. The Company is an Internet company providing services in the expanding social dating markets. It owns and operates a dating and social discovery software application under the AreYouInterested.com brand that can be accessed on Facebook, mobile devices such as iPhone and Android, as well as a stand-alone website. Its product is integrated across all gateways it offers and incorporates the Facebook Connect integration tool, which allows users to ‘connect’ their Facebook identity and friends to its website. Since August 2007, AreYouInterested.com has been a dating application on Facebook based on the publicly reported number of DAUs and MAUs. As of March 8, 2013, it had more than 3.1 million MAUs of the AreYouInterested.com application on the Facebook platform. It mainly generates revenue from subscription fees and, as of November 30, 2013, it had approximately 90,000 active subscribers. The number of its ‘daily active users’ and ‘monthly active users’ as publicly reported by AppData, which includes non-paying users and paying subscribers, varies greatly on a daily and monthly basis, and is greater than the number of its active subscribers for the same measurement period. The majority of its logins occurs on third party platforms, such as Facebook. It generates the majority of its revenue through subscription fees and premium sales on its AreYouInterested.com application. It has three registered trademarks relating to the AreYouInterested.com brand and two registered trademarks for Snap Interactive, Inc. It faces competition from dominant online dating websites such as Match.com and eHarmony.com, as well as Facebook application providers in the online dating space such as Zoosk, Badoo and Cupid. The Company is subject to a number of U.S. federal and states laws and regulations that affect companies conducting business on the Internet, many of which are still evolving and being litigated in the courts, and could be interpreted in ways that could harm its business.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.