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Snowflake (NYSE:SNOW) Stock Price Up 1.6% – Here’s What Happened
['Max Byerly']
Ticker Report
Snowflake Inc. (NYSE:SNOW – Get Free Report)’s share price rose 1.6% during trading on Wednesday .
Raymond James Financial set a $250.00 price target on shares of Snowflake in a research note on Monday, December 15th.
Following the sale, the chief accounting officer directly owned 43,809 shares of the company’s stock, valued at $9,797,006.67.
Insiders sold a total of 618,681 shares of company stock valued at $137,427,145 over the last three months.
Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers.