Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Snowflake Inc shares valued at $1,043,750 were purchased by Dageville Benoit on Mar 06 ’25. At $167.00 per share, Dageville Benoit acquired 6,250 shares.
Also, Kleinerman Christian sold 15,000 shares, netting a total of over 2,576,250 in proceeds. Following the sale of shares at $171.75 each, the insider now holds 594,975 shares.
Before that, Degnan Christopher William had sold 12,782 shares from its account. In a trade valued at $2,272,461, the Chief Revenue Officer traded Snowflake Inc shares for $177.79 each. Upon closing the transaction, the insider’s holdings decreased to 12,782 shares, worth approximately $56.45 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 -10.06%. Over the course of the year, Snowflake Inc shares have jumped approximately 1.17%. 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 $173.36, while a 200-day SMA reached $142.18.
Support And Resistance Levels for Snowflake Inc (SNOW)
According to the 24-hour chart, there is a support level at 151.05, which, if violated, would cause prices to drop to 145.88. In the upper region, resistance lies at 166.23. The next price resistance is at 176.24. RSI (Relative Strength Index) is 35.35 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.86, which suggests the price will decrease in the coming days. Percent R is at 99.14%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
