Snowflake Inc’s recently made public that its Officer Degnan Christopher William acquired Company’s shares for reported $2.28 million on Mar 03 ’25. In the deal valued at $178.70 per share,12,782 shares were bought.
Then, Dageville Benoit sold 12,500 shares, generating $2,325,000 in total proceeds. Upon selling the shares at $186.00, the President of Products now owns 47,710 shares.
Before that, Dageville Benoit bought 12,500 shares. Snowflake Inc shares valued at $2,325,000 were divested by the Officer at a price of $186.00 per share.
Monness Crespi & Hardt reiterated its Snowflake Inc [SNOW] rating to a Buy in a research note published on February 27, 2025; the price target was $230. A number of analysts have revised their coverage, including BTIG Research’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Wolfe Research also remained covering SNOW and has increased its forecast on February 18, 2025 with a “an Outperform” recommendation from previously “Peer perform” rating. Cantor Fitzgerald started covering the stock on January 17, 2025. It rated SNOW as “an Overweight”.
Price Performance Review of SNOW
On Monday, Snowflake Inc [NYSE:SNOW] saw its stock fall -1.95% to $173.65. Over the last five days, the stock has gained 1.60%. Snowflake Inc shares have risen nearly 12.46% since the year began. Nevertheless, the stocks have fallen -24.50% over the past one year. While a 52-week high of $194.40 was reached on 02/18/25, a 52-week low of $107.13 was recorded on 01/02/25. SMA at 50 days reached $173.17, while 200 days put it at $142.10.
Levels Of Support And Resistance For SNOW Stock
The 24-hour chart illustrates a support level at 170.82, which if violated will result in even more drops to 168.00. On the upside, there is a resistance level at 178.71. A further resistance level may holdings at 183.78. The Relative Strength Index (RSI) on the 14-day chart is 46.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.50%. Stochastics %K at 41.95% indicates the stock is a holding.
