Streetbeat News

SNOW

Snowflake Inc.

https://www.snowflake.com

Industry

Software - Application

Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company's 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. Its platform is used by various organizations of sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.

Open

123.00

Mkt cap

41B

Volume

3.7M

High

123.00

P/E Ratio

-38.87

52-wk high

237.72

Low

119.66

Div yield

N/A

52-wk low

107.13

Insider purchases at Snowflake, Legacy Housing, Mistras Group, and Mirum Pharmaceuticals signal confidence in these companies. Snowflake's CEO bought shares worth $5M, despite a recent downgrade. Legacy Housing and Mistras Group saw insider buys after reporting disappointing financial results. Mirum Pharmaceuticals' CFO purchased shares following FDA approval of its drug, Livmarli.

Portfolio Pulse from Avi Kapoor

March 28, 2024 | 12:33 pm

Snowflake's stock price increased following a Form 4 filing revealing CEO Sridhar Ramaswamy's purchase of 31,542 shares at an average price of $158.52 each.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 10:59 am

Domo announced an expansion of its native integration capabilities within the Snowflake Data Cloud, enhancing data management and analytics.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 7:19 am

Snowflake's stock price increased following a Form 4 filing that revealed CEO Sridhar Ramaswamy purchased 31,542 shares at an average price of $158.52 each.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 8:57 pm

Snowflake Inc (NYSE:SNOW) shares rose after hours following insider buying by the new CEO, Sridhar Ramaswamy, who purchased 31,542 shares at an average price of $158.52. Ramaswamy's leadership background includes significant growth in Google's advertising business. The article also discusses Snowflake's stock performance in relation to its 200-day moving average, suggesting potential future stock movement based on technical analysis.

Portfolio Pulse from Adam Eckert

March 27, 2024 | 8:56 pm

Snowflake's CEO, Sridhar Ramaswamy, has purchased 31,542 shares of Snowflake stock at a price of $158.52 per share, according to a Form 4 filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 8:48 pm

Spear Alpha ETF (SPRX) is trading flat, signaling a potential breakout as it consolidates within a tight range. It has outperformed Ark Innovation ETF (ARKK) year-to-date. NVIDIA (NVDA), its largest holding, along with Zscaler (ZS), AMD, Snowflake (SNOW), and Shopify (SHOP) are key components, with NVDA and ZS trading near all-time highs. SPRX's recent chart patterns suggest a possible uptrend if it breaks above the current resistance levels.

Portfolio Pulse from Melanie Schaffer

March 27, 2024 | 6:18 pm

On CNBC, Stephanie Link announced she has increased her investment in Snowflake, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:11 pm

Snowflake (NYSE:SNOW) has seen a surge in options activity, with a bullish sentiment from high-rolling investors. Benzinga's options scanner revealed 8 significant trades, with a focus on a price band between $140.0 and $170.0. The trading volume and open interest trends indicate increased liquidity and interest in SNOW's options. Analysts have mixed opinions, with target prices ranging from $175 to $290. The company's current market position shows a slight price decrease and an upcoming earnings announcement in 61 days.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 2:01 pm

Shares of technology companies are up following the Federal Reserve's decision to leave interest rates unchanged, indicating overall market strength.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 7:26 pm

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