Ho Emily, an insider at Snowflake Inc (SNOW), recently sold 46,561 shares of the company's stock at a price of $217.93 per share, totaling approximately $10.15 million. Following this transaction, Emily retains 46,561 shares in the company.
This sale highlights typical insider trading activity, which can occur for various reasons, including diversification, tax planning, or personal financial needs. While significant selling by insiders may attract investor attention, it does not inherently signal a negative outlook on the company.
Snowflake, headquartered in Bozeman, Montana, specializes in cloud data warehousing software, employing 7,834 full-time staff. The company went public on September 16, 2020, and currently has a market cap of $73.7 billion, with a trailing twelve-month earnings per share (EPS) of -4.04.
Insider transactions must be reported to the SEC, offering a glimpse into how company executives view their stock. However, it's essential for investors to look at patterns of insider activity across multiple insiders and time periods, rather than focusing solely on isolated transactions. Upcoming earnings for Snowflake are set for February 24, 2026, with an expected EPS of $0.28 and revenue of $1.3 billion, followed by another report on May 19, 2026, with an EPS estimate of $0.35 and the same revenue expectation.