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Snowflake Inc (SNOW) receives a Neutral rating from Macquarie

Snowflake Inc’s recent filing unveils that its President of Products Dageville Benoit unloaded Company’s shares for reported $0.94 million on Apr 09 ’25. In the deal valued at $150.00 per share,6,250 shares were sold. As a result of this transaction, Dageville Benoit now holds 65,054 shares worth roughly $9.12 million.

Then, Dageville Benoit bought 6,250 shares, generating $937,500 in total proceeds.

Before that, Speiser Michael L sold 50,338 shares. Snowflake Inc shares valued at $6,506,182 were divested by the Director at a price of $129.25 per share. As a result of the transaction, Speiser Michael L now holds 39,476 shares, worth roughly $5.54 million.

Macquarie initiated its Snowflake Inc [SNOW] rating to a Neutral in a research note published on April 02, 2025; the price target was $160. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Monness Crespi & Hardt also remained covering SNOW and reiterated its “Buy” recommendation on February 27, 2025. BTIG Research revised its rating on February 20, 2025. It rated SNOW as “a Buy” which previously was an “a Neutral”.

Price Performance Review of SNOW

On Tuesday, Snowflake Inc [NYSE:SNOW] saw its stock jump 2.36% to $140.23. Over the last five days, the stock has lost -2.99%. Snowflake Inc shares have fallen nearly -9.18% since the year began. Nevertheless, the stocks have fallen -5.51% 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 04/07/25. SMA at 50 days reached $159.71, while 200 days put it at $143.87.

Levels Of Support And Resistance For SNOW Stock

The 24-hour chart illustrates a support level at 137.90, which if violated will result in even more drops to 135.56. On the upside, there is a resistance level at 142.03. A further resistance level may holdings at 143.82. The Relative Strength Index (RSI) on the 14-day chart is 42.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.46%. Stochastics %K at 56.52% 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 2025-03-31, growing by 0.57 million shares to a total of 10.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 10.3 million shares. There was a rise of 5.27%, which implies that there is a positive sentiment for the stock.

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