Snowflake Inc’s filing revealed that its Director Slootman Frank unloaded Company’s shares for reported $0.26 million on Mar 11 ’25. In the deal valued at $147.24 per share,1,783 shares were sold. As a result of this transaction, Slootman Frank now holds 192,511 shares worth roughly $30.11 million.
Then, Dageville Benoit sold 548 shares, generating $80,688 in total proceeds. Upon selling the shares at $147.24, the President of Products now owns 74,241 shares.
Before that, Kleinerman Christian sold 685 shares. Snowflake Inc shares valued at $100,859 were divested by the EVP, Product Management at a price of $147.24 per share. As a result of the transaction, Kleinerman Christian now holds 622,611 shares, worth roughly $97.37 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 jump 0.18% to $156.39. Over the last five days, the stock has gained 5.96%. Snowflake Inc shares have risen nearly 1.28% since the year began. Nevertheless, the stocks have fallen -3.65% 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 03/11/25. SMA at 50 days reached $172.33, while 200 days put it at $141.97.
Levels Of Support And Resistance For SNOW Stock
The 24-hour chart illustrates a support level at 154.35, which if violated will result in even more drops to 152.30. On the upside, there is a resistance level at 158.17. A further resistance level may holdings at 159.95. The Relative Strength Index (RSI) on the 14-day chart is 41.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.23%. Stochastics %K at 19.33% indicates the stock is a buying.
How much short interest is there in Snowflake Inc?
A steep rise in short interest was recorded in Snowflake Inc stocks on 2025-02-28, growing by 0.51 million shares to a total of 10.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.79 million shares. There was a rise of 4.95%, which implies that there is a positive sentiment for the stock.
