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Director Teresa Briggs of Snowflake Inc . (NASDAQ:NYSE:SNOW) sold 1,146 shares of common stock on July 3, 2025, at a price of $217.74, for a total value of $249530. The sale comes as Snowflake trades near its 52-week high of $225.68, with the stock showing impressive momentum, delivering a 55% return over the past year. According to InvestingPro analysis, the stock is currently trading above its Fair Value.
On July 2, 2025, Briggs also acquired 1,373 shares of Snowflake Inc. common stock. These shares represent restricted stock units which will vest fully on the earlier of (i) the date of the annual meeting of the Issuer’s stockholders to be held in 2026, or (ii) the first anniversary of the date of grant. With a market capitalization of $73.9 billion, Snowflake has attracted significant analyst attention, with targets ranging from $150 to $440 per share.
Following these transactions, Briggs directly owns 4,474 shares of Snowflake Inc.
The sale was executed under a 10b5-1 trading plan adopted on March 31, 2025. In other recent news, Snowflake Inc. has garnered positive attention from multiple analyst firms following various strategic developments. Truist Securities reiterated its Buy rating with a $235.00 price target, citing strong results from a mid-year IT spending survey that highlighted Snowflake’s progress in artificial intelligence and new product adoption. Stifel also maintained a Buy rating and a $220.00 price target after investor meetings, noting Snowflake’s momentum in data engineering and potential revenue growth through improved relations with Microsoft (NASDAQ:MSFT) Azure. UBS kept its Buy rating and set a $265.00 price target, emphasizing robust industry investments in the data layer and a favorable outlook from the Databricks conference. Cantor Fitzgerald reiterated an Overweight rating with a $242.00 price target, highlighting Snowflake’s strategic positioning after its Summit 2025 and the acquisition of Crunchy Data. Stifel’s interactions at the Snowflake Summit revealed positive perceptions of Snowflake’s competitive edge and product offerings, further strengthening the firm’s confidence in the company’s growth potential. Analysts noted enthusiasm for Snowflake’s initiatives like Openflow, despite limited immediate interest in other offerings such as Iceberg. These developments indicate a consistent confidence among analysts in Snowflake’s strategic direction and growth prospects. The firm’s ongoing focus on expanding its product portfolio and enhancing market strategies is seen as a driver for future performance. Snowflake’s efforts to capture incremental workloads in the AI vertical and improve its partnerships are expected to contribute to its continued success. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.