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 $1,001 and $15,000 in Snowflake stock on September 4th. The trade occurred in the Representative’s “UBS BROKERAGE 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 Trading Up 3.3%
NYSE:SNOW opened at $343.90 on Friday. Snowflake Inc. has a 52 week low of $118.30 and a 52 week high of $384.56. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.94 and a current ratio of 0.94. The firm’s fifty day moving average is $329.72 and its 200-day moving average is $247.89. The firm has a market cap of $121.33 billion, a P/E ratio of -108.14 and a beta of 1.35.
Insider Activity
In related news, CRO Jonathan Beaulier sold 755 shares of Snowflake stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $336.36, for a total transaction of $253,951.80. Following the transaction, the executive owned 211,619 shares of the company’s stock, valued at $71,180,166.84. The trade was a 0.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Christian Kleinerman sold 15,000 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $341.57, for a total value of $5,123,550.00. Following the completion of the sale, the executive vice president directly owned 313,738 shares of the company’s stock, valued at $107,163,488.66. The trade was a 4.56% decrease in their ownership of the stock. 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. In the last three months, insiders sold 1,246,429 shares of company stock worth $396,227,952. Company insiders own 4.80% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the company. Rosenblatt Securities boosted their price objective on Snowflake from $285.00 to $345.00 and gave the company a “buy” rating in a research note on Tuesday, September 1st. Wells Fargo & Company boosted their price target on Snowflake from $500.00 to $525.00 and gave the company an “overweight” rating in a research note on Thursday, September 3rd. UBS Group lifted their price objective on shares of Snowflake from $425.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. BTIG Research increased their target price on shares of Snowflake from $340.00 to $424.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Finally, TD Cowen raised their price target on shares of Snowflake from $370.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Snowflake presently has a consensus rating of “Moderate Buy” and a consensus price target of $414.24.
Read Our Latest Stock Analysis on Snowflake
Institutional Trading of Snowflake
Hedge funds have recently bought and sold shares of the business. Nuveen LLC grew its holdings in shares of Snowflake by 2.3% during the fourth quarter. Nuveen LLC now owns 5,277,851 shares of the company’s stock valued at $1,157,749,000 after buying an additional 116,521 shares during the last quarter. Janus Henderson Group PLC lifted its position in Snowflake by 20.4% in 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 in the last quarter. Pictet Asset Management Holding SA lifted its position in 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 acquiring an additional 803,110 shares in the last quarter. Jericho Capital Asset Management L.P. acquired a new position in Snowflake during the 4th quarter valued at about $345,619,000. Finally, Swedbank AB boosted its stake in Snowflake by 24.0% during the 1st quarter. Swedbank AB now owns 1,649,771 shares of the company’s stock valued at $248,818,000 after purchasing an additional 319,356 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.
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.
Snowflake Company Profile
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.
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