Snowflake (NYSE:SNOW) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Snowflake Inc. NYSE: SNOW. In a filing disclosed on June 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Snowflake stock on June 6th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of lululemon athletica NASDAQ: LULU on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 5/16/2025.

Snowflake Trading Up 2.4%

Snowflake stock opened at $216.74 on Friday. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.94. Snowflake Inc. has a 52 week low of $107.13 and a 52 week high of $226.60. The company has a market capitalization of $72.36 billion, a price-to-earnings ratio of -51.48 and a beta of 1.22. The stock has a 50-day moving average price of $207.75 and a 200 day moving average price of $179.06.

Snowflake (NYSE:SNOW - Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.01 billion. Snowflake had a negative return on equity of 37.75% and a negative net margin of 36.43%. Snowflake's revenue for the quarter was up 25.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share. Sell-side analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current year.

Insiders Place Their Bets

In related news, Director Michael L. Speiser sold 403 shares of the firm's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $221.47, for a total value of $89,252.41. Following the completion of the transaction, the director directly owned 26,539 shares of the company's stock, valued at $5,877,592.33. This trade represents a 1.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Teresa Briggs sold 1,146 shares of the firm's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $217.74, for a total value of $249,530.04. Following the completion of the transaction, the director directly owned 4,474 shares of the company's stock, valued at $974,168.76. The trade was a 20.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,718,258 shares of company stock valued at $589,762,906 over the last 90 days. 6.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Barclays reiterated an "overweight" rating and set a $219.00 price target (up from $203.00) on shares of Snowflake in a research report on Thursday, May 22nd. Cowen reissued a "buy" rating on shares of Snowflake in a research note on Thursday, May 22nd. Macquarie boosted their price objective on Snowflake from $190.00 to $210.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 4th. DA Davidson reissued a "buy" rating and set a $250.00 price objective on shares of Snowflake in a research note on Wednesday, June 4th. Finally, KeyCorp reissued an "overweight" rating on shares of Snowflake in a research note on Wednesday, June 25th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, thirty-three have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $226.73.

Institutional Trading of Snowflake

A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in shares of Snowflake by 90.0% in the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company's stock valued at $9,556,000 after buying an additional 29,320 shares during the period. Van ECK Associates Corp lifted its holdings in shares of Snowflake by 90.2% in the 4th quarter. Van ECK Associates Corp now owns 8,194 shares of the company's stock valued at $1,265,000 after buying an additional 3,886 shares during the period. V Square Quantitative Management LLC lifted its holdings in shares of Snowflake by 240.2% in the 4th quarter. V Square Quantitative Management LLC now owns 888 shares of the company's stock valued at $139,000 after buying an additional 627 shares during the period. Principal Securities Inc. lifted its holdings in shares of Snowflake by 50.2% in the 4th quarter. Principal Securities Inc. now owns 7,418 shares of the company's stock valued at $1,145,000 after buying an additional 2,478 shares during the period. Finally, Sheaff Brock Investment Advisors LLC acquired a new stake in shares of Snowflake in the 4th quarter valued at approximately $218,000. 65.10% of the stock is owned by institutional investors and hedge funds.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Snowflake

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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