Snowflake Inc. (NYSE:SNOW – Get Free Report) Director Frank Slootman sold 1,783 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $147.24, for a total value of $262,528.92. Following the completion of the transaction, the director now directly owns 192,511 shares of the company’s stock, valued at approximately $28,345,319.64. The trade was a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Frank Slootman also recently made the following trade(s):
- On Wednesday, January 22nd, Frank Slootman sold 127,247 shares of Snowflake stock. The shares were sold at an average price of $176.25, for a total value of $22,427,283.75.
- On Monday, December 30th, Frank Slootman sold 100,000 shares of Snowflake stock. The shares were sold at an average price of $155.00, for a total value of $15,500,000.00.
- On Tuesday, December 17th, Frank Slootman sold 6,714 shares of Snowflake stock. The stock was sold at an average price of $171.00, for a total transaction of $1,148,094.00.
Snowflake Trading Up 4.4 %
NYSE:SNOW opened at $156.41 on Friday. The stock has a market cap of $51.63 billion, a price-to-earnings ratio of -46.14 and a beta of 1.07. Snowflake Inc. has a 52 week low of $107.13 and a 52 week high of $194.40. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.77. The company’s 50 day moving average price is $173.24 and its 200-day moving average price is $147.87.
Wall Street Analyst Weigh In
View Our Latest Stock Report on SNOW
Institutional Investors Weigh In On Snowflake
Large investors have recently bought and sold shares of the business. Groupama Asset Managment bought a new stake in shares of Snowflake in the third quarter worth approximately $25,000. Stonebridge Financial Group LLC purchased a new stake in Snowflake in the fourth quarter worth approximately $29,000. West Paces Advisors Inc. bought a new stake in Snowflake in the 4th quarter worth approximately $31,000. Spurstone Advisory Services LLC purchased a new stake in Snowflake during the 4th quarter valued at $31,000. Finally, Capital A Wealth Management LLC bought a new position in shares of Snowflake during the 4th quarter valued at $31,000. 65.10% of the stock is currently owned by institutional investors.
Snowflake Company Profile
Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.
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