Insider Sale: Director at $SNOW Sells 7,016 Shares

Frank Slootman, a director at $SNOW, sold 7,016 shares of the company on 03-18-2025 for an estimated $1,092,321. We received data on the trade from a recent SEC filing. This was a sale of approximately 3.7% of their shares of this class of stock. Following this trade, they now own 182,999 shares of this class of $SNOW stock.

$SNOW Insider Trading Activity

$SNOW insiders have traded $SNOW stock on the open market 96 times in the past 6 months. Of those trades, 0 have been purchases and 96 have been sales.

Here’s a breakdown of recent trading of $SNOW stock by insiders over the last 6 months:

• FRANK SLOOTMAN has made 0 purchases and 27 sales selling 517,225 shares for an estimated $88,681,498.
• BENOIT DAGEVILLE (President of Products) has made 0 purchases and 18 sales selling 236,788 shares for an estimated $40,496,939.
• CHRISTOPHER WILLIAM DEGNAN (Chief Revenue Officer) has made 0 purchases and 37 sales selling 127,820 shares for an estimated $21,748,458.
• CHRISTIAN KLEINERMAN (EVP, Product Management) has made 0 purchases and 12 sales selling 114,759 shares for an estimated $17,508,229.
• EMILY HO (Chief Accounting Officer) has made 0 purchases and 2 sales selling 3,529 shares for an estimated $597,060.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$SNOW Hedge Fund Activity

We have seen 579 institutional investors add shares of $SNOW stock to their portfolio, and 595 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• GQG PARTNERS LLC added 4,860,902 shares (+inf%) to their portfolio in Q4 2024, for an estimated $750,571,877
• ALTIMETER CAPITAL MANAGEMENT, LP removed 3,669,649 shares (-42.4%) from their portfolio in Q4 2024, for an estimated $566,630,502
• JENNISON ASSOCIATES LLC added 3,662,671 shares (+92.2%) to their portfolio in Q4 2024, for an estimated $565,553,029
• FMR LLC added 2,805,425 shares (+84.9%) to their portfolio in Q4 2024, for an estimated $433,185,674
• BLACKROCK, INC. added 2,383,916 shares (+14.4%) to their portfolio in Q4 2024, for an estimated $368,100,469
• PRICE T ROWE ASSOCIATES INC /MD/ added 2,200,406 shares (+124.4%) to their portfolio in Q4 2024, for an estimated $339,764,690
• INVESCO LTD. added 1,959,137 shares (+406.5%) to their portfolio in Q4 2024, for an estimated $302,510,344

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$SNOW Congressional Stock Trading

Members of Congress have traded $SNOW stock 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $SNOW stock by members of Congress over the last 6 months:

• REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 02/21.
• REPRESENTATIVE ROBERT BRESNAHAN has traded it 2 times. They made 2 purchases worth up to $30,000 on 02/13, 02/12 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$SNOW Analyst Ratings

Wall Street analysts have issued reports on $SNOW in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Oppenheimer issued a "Outperform" rating on 01/31/2025
• Barclays issued a "Overweight" rating on 01/31/2025
• Wells Fargo issued a "Overweight" rating on 01/31/2025
• Wedbush issued a "Outperform" rating on 01/22/2025
• KeyBanc issued a "Overweight" rating on 11/21/2024
• Monness issued a "Buy" rating on 11/06/2024
• William Blair issued a "Sector Outperform" rating on 10/22/2024

To track analyst ratings and price targets for $SNOW, check out Quiver Quantitative's $SNOW forecast page.

$SNOW Price Targets

Multiple analysts have issued price targets for $SNOW recently. We have seen 3 analysts offer price targets for $SNOW in the last 6 months, with a median target of $180.0.

Here are some recent targets:

• Daniel Ives from Wedbush set a target price of $210.0 on 01/22/2025
• Brian White from Monness set a target price of $140.0 on 11/06/2024
• Blair Abernethy from Rosenblatt Securities set a target price of $180.0 on 09/24/2024

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.