The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Snowflake Inc shares valued at $2,325,000 were sold by Dageville Benoit on Feb 20 ’25. At $186.00 per share, Dageville Benoit sold 12,500 shares. The insider’s holdings dropped to 47,710 shares worth approximately $8.29 million following the completion of this transaction.
Also, Dageville Benoit purchased 12,500 shares, netting a total of over 2,325,000 in proceeds.
Before that, Dageville Benoit had sold 12,500 shares from its account. In a trade valued at $2,363,875, the President of Products traded Snowflake Inc shares for $189.11 each. Upon closing the transaction, the insider’s holdings decreased to 12,500 shares, worth approximately $8.29 million.
As published in a research note from Monness Crespi & Hardt on February 27, 2025, Snowflake Inc [SNOW] has been retained to a Buy and the price target has been revised to $230. Analysts at BTIG Research upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid February. As of February 18, 2025, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for SNOW. Earlier on January 17, 2025, Cantor Fitzgerald initiated its rating. Their recommendation was “an Overweight” for SNOW stock.
Analyzing SNOW Stock Performance
During the last five days, there has been a drop of approximately -6.09%. Over the course of the year, Snowflake Inc shares have jumped approximately 12.49%. Shares of the company reached a 52-week high of $194.40 on 02/18/25 and a 52-week low of $154.96 on 01/02/25. A 50-day SMA is recorded $172.96, while a 200-day SMA reached $141.93.
Support And Resistance Levels for Snowflake Inc (SNOW)
According to the 24-hour chart, there is a support level at 168.87, which, if violated, would cause prices to drop to 164.05. In the upper region, resistance lies at 183.23. The next price resistance is at 192.77. RSI (Relative Strength Index) is 46.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.29, which suggests the price will decrease in the coming days. Percent R is at 61.38%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
