Snowflake (NYSE:SNOW) Stock Sale Revealed by Rep. Maria Elvira Salazar

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Snowflake Inc. (NYSE:SNOW). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in Snowflake stock on September 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 9/24/2026.

Snowflake Price Performance

SNOW opened at $343.90 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.94 and a current ratio of 0.94. Snowflake Inc. has a 52 week low of $118.30 and a 52 week high of $384.56. The company has a fifty day moving average price of $329.72 and a two-hundred day moving average price of $247.89. The firm has a market capitalization of $121.33 billion, a PE ratio of -108.14 and a beta of 1.35.

Snowflake (NYSE:SNOW) last released its earnings results on Wednesday, September 2nd. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.17. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.48 billion. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%.The company’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.35 earnings per share. As a group, analysts anticipate that Snowflake Inc. will post -1.46 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SNOW. Mn Services Vermogensbeheer B.V. raised its stake in Snowflake by 1.0% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 96,736 shares of the company’s stock worth $32,848,000 after purchasing an additional 1,000 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Snowflake by 19.8% in the third quarter. GAMMA Investing LLC now owns 2,175 shares of the company’s stock valued at $739,000 after buying an additional 359 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of Snowflake by 26.3% in the third quarter. CoreCap Advisors LLC now owns 1,687 shares of the company’s stock valued at $573,000 after buying an additional 351 shares during the period. Atwood & Palmer Inc. acquired a new stake in Snowflake during the third quarter worth approximately $51,000. Finally, Titleist Asset Management LLC increased its stake in Snowflake by 1.3% during the 3rd quarter. Titleist Asset Management LLC now owns 5,430 shares of the company’s stock worth $1,844,000 after acquiring an additional 70 shares during the period. Institutional investors own 65.10% of the company’s stock.

Insider Activity at Snowflake

In related news, CAO Emily Ho sold 768 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $332.93, for a total value of $255,690.24. Following the sale, the chief accounting officer directly owned 39,958 shares of the company’s stock, valued at $13,303,216.94. This trade represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Michael L. Speiser sold 403 shares of Snowflake stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $344.00, for a total value of $138,632.00. Following the completion of the transaction, the director owned 21,767 shares in the company, valued at approximately $7,487,848. This represents a 1.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,246,429 shares of company stock worth $396,227,952 in the last quarter. 4.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

SNOW has been the subject of several research analyst reports. Citizens Jmp boosted their price objective on Snowflake from $408.00 to $488.00 and gave the company a “market outperform” rating in a research report on Thursday, September 3rd. Wells Fargo & Company lifted their price target on Snowflake from $500.00 to $525.00 and gave the company an “overweight” rating in a research note on Thursday, September 3rd. Royal Bank Of Canada boosted their price target on Snowflake from $372.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Stifel Nicolaus lifted their price objective on shares of Snowflake from $350.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, September 3rd. Finally, Needham & Company LLC increased their target price on shares of Snowflake from $330.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $414.24.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About Snowflake

Snowflake Inc (NYSE: SNOW) provides a cloud-based data platform that enables organizations to store, process, analyze and share data. Its platform is designed to support data warehousing, data lakes, data engineering, data science, application development and artificial intelligence workloads in a single environment.

Snowflake’s services include cloud data storage and computing, data sharing and collaboration tools, governance and security capabilities, and access to third-party data through the Snowflake Marketplace.