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Snowflake's EVP Christian Kleinerman sells $99,882 in stock

Published 12/12/2024, 09:34 am
SNOW
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Following these transactions, Kleinerman holds 690,647 shares directly, with additional indirect holdings through various family trusts and an LLC, totaling 192,067 shares.

Following these transactions, Kleinerman holds 690,647 shares directly, with additional indirect holdings through various family trusts and an LLC, totaling 192,067 shares.

Following these transactions, Kleinerman holds 690,647 shares directly, with additional indirect holdings through various family trusts and an LLC, totaling 192,067 shares.

In other recent news, Microsoft Corporation (NASDAQ:MSFT) reported a 16% year-on-year increase in Q1 FY2025 revenue, reaching $65.6 billion. Analyst firms, including TD Cowen, Citi, Mizuho (NYSE:MFG), and Goldman Sachs (NYSE:GS), maintained their positive ratings on Microsoft's stock, reflecting confidence in the company's growth potential. Piper Sandler analysts, following the 2025 CIO Survey, anticipate budget increases in 2025, with Microsoft expected to see heightened Azure spending. These are recent developments related to Microsoft Corporation.

In related news, Snowflake Inc . (NYSE:SNOW) received an upgrade in its stock rating from Wedbush from Neutral to Outperform, with a new price target for Snowflake shares at $190.00. This upgrade reflects confidence in the company's potential growth, particularly in the realm of artificial intelligence (AI). Furthermore, KeyBanc Capital Markets adjusted their outlook on Snowflake, increasing the price target to $185 while keeping an Overweight rating on the shares. These are recent developments concerning Snowflake Inc.

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