Snowflake Inc’s filing revealed that its President of Products Dageville Benoit unloaded Company’s shares for reported $1.04 million on Mar 06 ’25. In the deal valued at $167.00 per share,6,250 shares were sold. As a result of this transaction, Dageville Benoit now holds 66,725 shares worth roughly $9.85 million.
Then, Dageville Benoit bought 6,250 shares, generating $1,043,750 in total proceeds.
Before that, Kleinerman Christian sold 15,000 shares. Snowflake Inc shares valued at $2,576,250 were divested by the EVP, Product Management at a price of $171.75 per share. As a result of the transaction, Kleinerman Christian now holds 594,975 shares, worth roughly $87.81 million.
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 -7.12% to $147.59. Over the last five days, the stock has lost -15.01%. Snowflake Inc shares have fallen nearly -4.42% since the year began. Nevertheless, the stocks have fallen -11.62% 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 03/10/25. SMA at 50 days reached $172.93, while 200 days put it at $142.08.
Levels Of Support And Resistance For SNOW Stock
The 24-hour chart illustrates a support level at 145.21, which if violated will result in even more drops to 142.83. On the upside, there is a resistance level at 151.31. A further resistance level may holdings at 155.03. The Relative Strength Index (RSI) on the 14-day chart is 32.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.71%. Stochastics %K at 8.61% indicates the stock is a buying.
