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Snowflake exec sells $1.125M worth of stock as company reports strong quarterly earnings.
Snowflake Inc., a cloud data platform provider, saw its Executive Vice President, Christian Kleinerman, sell 5,000 shares of the company's stock on June 25th for $1,125,000, reducing his ownership by 9.33%.
Snowflake reported a strong quarter with $1.04 billion in revenue and $0.24 earnings per share, slightly exceeding analysts' expectations.
The company's stock has an average "Moderate Buy" rating and a consensus target price of $225.22.
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El ejecutivo de Snowflake vende acciones por valor de $1.125 millones mientras la compañía reporta fuertes ganancias trimestrales.