Rep. Marjorie Taylor Greene Buys Snowflake Inc. (NYSE:SNOW) Stock

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Snowflake Inc. (NYSE:SNOW). In a filing disclosed on June 23rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Snowflake stock on June 17th.

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 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 Snowflake (NYSE:SNOW) 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 Stock Up 2.4%

Shares of 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 12 month low of $107.13 and a 12 month high of $226.60. The business has a fifty day simple moving average of $207.75 and a 200 day simple moving average of $178.89. The stock has a market cap of $72.36 billion, a PE ratio of -51.48 and a beta of 1.22.

Snowflake (NYSE:SNOW) last posted its 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. Snowflake had a negative return on equity of 37.75% and a negative net margin of 36.43%. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the firm earned $0.14 earnings per share. The company’s revenue was up 25.8% on a year-over-year basis. Research analysts predict that Snowflake Inc. will post -2.36 EPS for the current year.

Institutional Trading of Snowflake

Several large investors have recently made changes to their positions in SNOW. Opal Wealth Advisors LLC acquired a new stake in shares of Snowflake in the 1st quarter valued at about $26,000. CVA Family Office LLC raised its holdings in shares of Snowflake by 80.0% in the 1st quarter. CVA Family Office LLC now owns 198 shares of the company’s stock worth $29,000 after purchasing an additional 88 shares during the period. West Paces Advisors Inc. bought a new stake in shares of Snowflake in the 4th quarter worth approximately $31,000. Spurstone Advisory Services LLC bought a new stake in Snowflake during the 4th quarter valued at $31,000. Finally, Capital A Wealth Management LLC bought a new stake in Snowflake during the 4th quarter valued at $31,000. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on SNOW shares. Evercore ISI reaffirmed a “buy” rating on shares of Snowflake in a research report on Wednesday, June 4th. Bank of America upped their target price on Snowflake from $172.00 to $220.00 and gave the company a “neutral” rating in a research report on Thursday, May 22nd. Truist Financial increased their price target on Snowflake from $210.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, May 22nd. BTIG Research reaffirmed a “buy” rating on shares of Snowflake in a report on Thursday, May 22nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 target price on shares of Snowflake in a report on Thursday, June 5th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, thirty-four have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $226.73.

Insider Transactions at Snowflake

In related news, Director Frank Slootman sold 424,852 shares of the company’s stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $219.35, for a total value of $93,191,286.20. Following the completion of the transaction, the director directly owned 165,507 shares in the company, valued at approximately $36,303,960.45. The trade was a 71.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark Garrett sold 67,000 shares of the company’s stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $198.98, for a total transaction of $13,331,660.00. Following the sale, the director owned 7,428 shares of the company’s stock, valued at approximately $1,478,023.44. The trade was a 90.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,718,258 shares of company stock valued at $589,762,906. 6.80% of the stock is currently owned by company insiders.

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.