Snowflake Director Reduces Stake with $1.38 Million Stock Sale; Company Posts Strong Revenue Growth
Snowflake Inc. director Frank Slootman sold 7,874 shares on March 17, 2026, for roughly $1.38 million under a trading plan adopted in September 2025. The company reported robust product revenue growth and a sizable increase in remaining performance obligations, while analysts adjusted price targets and ratings following quarterly results.