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Director Michael L. Speiser of Snowflake Inc . (NASDAQ:NYSE:SNOW) sold 50,001 shares of common stock on July 7, 2025, for a total of $11,237,558. The sales were executed at a weighted-average price of $221.469, with individual transactions occurring in a price range of $221.250 to $222.205. The stock, currently trading at $225.79, is near its 52-week high of $225.86 and has delivered an impressive 58% return over the past year. According to InvestingPro analysis, the stock is currently trading above its Fair Value.
The transactions are related to a prearranged 10b5-1 trading plan adopted by Speiser on December 27, 2024. Following these transactions, Speiser directly owns 26,539 shares and indirectly owns 2,183,524 shares through various trusts and a limited partnership. InvestingPro subscribers can access comprehensive insider trading analysis and 8 additional ProTips for SNOW, along with detailed valuation metrics in the Pro Research Report.
In other recent news, Snowflake Inc. has been the focus of several analyst reports following its recent events and strategic developments. Truist Securities reiterated its Buy rating and maintained a price target of $235.00, citing strong survey results indicating robust traction for Snowflake’s data cloud offerings and potential growth in the AI sector. Stifel also maintained its Buy rating with a $220.00 price target, noting Snowflake’s momentum in data engineering and science capabilities, while also highlighting the company’s efforts to improve its relationship with Microsoft (NASDAQ:MSFT) Azure for future revenue growth. UBS reaffirmed its Buy rating and set a $265.00 price target, emphasizing that strong industry investments in data infrastructure could benefit Snowflake despite competition from Databricks.
Additionally, Cantor Fitzgerald reiterated an Overweight rating with a $242.00 price target, praising Snowflake’s strategic positioning and acquisition of Crunchy Data to enhance its product portfolio. The company’s recent Snowflake Summit 2025 and Investor Day were pivotal in reinforcing positive analyst sentiment. Stifel observed favorable feedback from partners and customers at the summit, particularly regarding Snowflake’s competitive edge and ease of use for data science and engineering workloads. Despite some limited interest in certain new offerings, the overall response to Snowflake’s initiatives was positive.
These developments reflect a continued confidence in Snowflake’s growth prospects and strategic initiatives across various analyst firms. The company’s focus on expanding its product offerings and strengthening its market strategy is seen as a key driver for its future performance.
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