Snowflake (NYSE:SNOW) Shares Purchased by Rep. Maria Elvira Salazar

Posted by Brenda Bartman on Oct 9th, 2026

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Snowflake Inc. (NYSE:SNOW). In a filing disclosed on October 7th, the Representative disclosed that they had bought between $15,001 and $50,000 in Snowflake stock on September 4th. 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 Snowflake (NYSE:SNOW) 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.

Snowflake Stock Performance

NYSE:SNOW opened at $343.90 on Friday. The firm has a market capitalization of $121.33 billion, a PE ratio of -108.14 and a beta of 1.35. Snowflake Inc. has a 1 year low of $118.30 and a 1 year high of $384.56. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.06. The firm’s fifty day simple moving average is $329.72 and its 200 day simple moving average is $247.89.

Snowflake (NYSE:SNOW – Get Free Report) last released its earnings results on Wednesday, September 2nd. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.17. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.48 billion. Snowflake had a negative net margin of 20.07% and a negative return on equity of 46.32%. The business’s revenue was up 35.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 EPS. On average, sell-side analysts anticipate that Snowflake Inc. will post -1.46 EPS for the current year.

Insider Buying and Selling

In other news, EVP Christian Kleinerman sold 25,000 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $325.00, for a total value of $8,125,000.00. Following the completion of the sale, the executive vice president directly owned 340,379 shares of the company’s stock, valued at $110,623,175. This represents a 6.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank Slootman sold 289,685 shares of the company’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $274.39, for a total transaction of $79,486,667.15. Following the completion of the sale, the director directly owned 28,535 shares of the company’s stock, valued at $7,829,718.65. The trade was a 91.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,246,429 shares of company stock valued at $396,227,952 over the last 90 days. 4.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SNOW. Deutsche Bank Aktiengesellschaft set a $400.00 target price on Snowflake in a research note on Thursday, September 3rd. Cantor Fitzgerald boosted their target price on shares of Snowflake from $405.00 to $430.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. Royal Bank Of Canada increased their price target on shares of Snowflake from $372.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Phillip Securities raised shares of Snowflake to a “strong-buy” rating in a report on Sunday, September 27th. Finally, Mizuho set a $425.00 target price on shares of Snowflake in a research note on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $414.24.

View Our Latest Report on SNOW

Hedge Funds Weigh In On Snowflake

Several large investors have recently bought and sold shares of the business. Nuveen LLC boosted its stake in Snowflake by 2.3% in the fourth quarter. Nuveen LLC now owns 5,277,851 shares of the company’s stock valued at $1,157,749,000 after acquiring an additional 116,521 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Snowflake by 20.4% during the 4th quarter. Janus Henderson Group PLC now owns 2,452,425 shares of the company’s stock valued at $537,907,000 after acquiring an additional 415,951 shares during the last quarter. Pictet Asset Management Holding SA lifted its stake in shares of Snowflake by 44.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,600,571 shares of the company’s stock valued at $392,259,000 after purchasing an additional 803,110 shares during the period. Jericho Capital Asset Management L.P. acquired a new position in shares of Snowflake in the 4th quarter valued at $345,619,000. Finally, Swedbank AB boosted its position in shares of Snowflake by 24.0% in the 1st quarter. Swedbank AB now owns 1,649,771 shares of the company’s stock worth $248,818,000 after purchasing an additional 319,356 shares during the last quarter. 65.10% of the stock is currently owned by institutional investors and hedge funds.

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

(Get Free Report)

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.