SNOW - What's Going On With Snowflake Stock Thursday? | Benzinga
Snowflake Inc (NYSE:SNOW) shares are trading higher Thursday following recent insider buying from the company's new CEO.
What To Know: Snowflake CEO Sridhar Ramaswamy has disclosed the purchase of 31,542 shares of the company's stock in a new regulatory filing. Ramaswamy bought the shares on Monday at an average price of $158.52, representing a $5 million investment in total.
Former Snowflake CEO Frank Slootman decided to retire from his role last month. Ramaswamy was named CEO, effective immediately.
Ramaswamy previously led all of Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google advertising products, including search, display and video advertising, analytics, shopping, payments and travel. During his 15 years at ...