Snowflake (NYSE:SNOW) Trading Down 1.5% After Insider Selling

Market Beat
2025.12.24 21:54
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Shares of Snowflake Inc. (NYSE:SNOW) fell 1.5% after insider selling activity. EVP Christian Kleinerman, CAO Emily Ho, and Director Frank Slootman sold significant shares. The stock traded as low as $219.54, with a 68% decline in trading volume. Analysts maintain a 'Moderate Buy' rating with an average target price of $275.32. Snowflake is also in talks to acquire Observe for $1 billion to enhance its AI capabilities.