Snowflake Inc’s recent filing unveils that its EVP, Product Management Kleinerman Christian unloaded Company’s shares for reported $1.22 million on Mar 21 ’25. In the deal valued at $154.67 per share,7,908 shares were sold. As a result of this transaction, Kleinerman Christian now holds 600,632 shares worth roughly $98.01 million.
Then, Dageville Benoit sold 6,250 shares, generating $970,813 in total proceeds. Upon selling the shares at $155.33, the President of Products now owns 70,378 shares.
Before that, Dageville Benoit sold 2,636 shares. Snowflake Inc shares valued at $407,710 were divested by the President of Products at a price of $154.67 per share. As a result of the transaction, Dageville Benoit now holds 65,054 shares, worth roughly $10.61 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 3.02% to $163.17. Over the last five days, the stock has gained 4.34%. Snowflake Inc shares have risen nearly 5.67% since the year began. Nevertheless, the stocks have risen 0.08% 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 $172.06, while 200 days put it at $142.42.
Levels Of Support And Resistance For SNOW Stock
The 24-hour chart illustrates a support level at 160.50, which if violated will result in even more drops to 157.83. On the upside, there is a resistance level at 166.13. A further resistance level may holdings at 169.09. The Relative Strength Index (RSI) on the 14-day chart is 49.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 45.96%. Stochastics %K at 41.69% indicates the stock is a holding.
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.
