This cluster is too small to warrant a directional trade. Monitor for any upcoming earnings or product announcements that could explain the selling, but the dollar amounts suggest routine liquidity management. No immediate action required.
Price Chart
Executive Summary
A cluster of insider sales at Snowflake totaling $9.39M over a 7-day window, representing only ~0.01% of the company's $88.2B market cap. The selling is spread across multiple officers (EVP, CAO, CRO) and a director, but the dollar amounts are trivial relative to company size, suggesting routine portfolio diversification or tax-related transactions rather than a bearish signal.
Key Financial Metrics
Key Facts
- Total open-market sales: $9.39M across 4 insiders (Slootman, Kleinerman, Ho, Beaulier)
- Sales represent ~0.01% of Snowflake's $88.2B market cap — well below the 0.1% materiality threshold
- Director Slootman also exercised derivatives (non-cash) alongside his sales, a common pattern for tax-covered exercises
- Three of the four sellers are C-suite officers (EVP, CAO, CRO), but the aggregate dollar value is immaterial
Financial Impact
Insider sales of $9.39M are negligible relative to $88.2B market cap; no material financial impact
Risk Factors
- Insider selling could accelerate if the stock continues to rise, but current levels are not alarming
- Lack of insider buying alongside sales may indicate no strong conviction in near-term upside
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SNOW-1782948818365 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 15d ago | 144 | $331.02 $334.81 | ▼ −1.14% | ▲ +0.68% | $343.77 (−3.85%) |
Sep 11, 2026 21d ago | Insider Cluster | $328.99 $332.43 | ▲ +1.05% | ▲ +1.27% | $343.77 (+4.49%) |
Sep 9, 2026 22d ago | Insider Cluster | $329.72 $338.39 | ▲ +2.63% | ▲ +3.13% | $343.77 (+4.26%) |
Sep 9, 2026 22d ago | Insider Cluster | $329.72 $338.39 | ▲ +2.63% | ▲ +3.13% | $343.77 (+4.26%) |
Sep 9, 2026 22d ago | Insider Cluster | $329.72 $338.39 | ▲ +2.63% | ▲ +3.13% | $343.77 (+4.26%) |
Sep 4, 2026 27d ago | 144 | $337.18 $332.35 | ▲ +1.43% | ▲ +0.22% | $343.77 (−1.95%) |
Sep 4, 2026 27d ago | 144 | $337.18 $332.35 | ▼ −1.43% | ▼ −0.22% | $343.77 (+1.95%) |
Sep 3, 2026 28d ago | Insider Cluster | $337.18 $332.35 | ▼ −1.43% | ▼ −0.22% | $343.77 (+1.95%) |
Sep 2, 2026 29d ago | 8-K | $356.47 $328.99 | ▼ −7.71% | ▼ −6.56% | $343.77 (−3.56%) |
Aug 28, 2026 4w ago | Insider Cluster | $331.43 $335.50 | ▲ +1.23% | ▲ +1.37% | $343.77 (+3.72%) |
US Market Status
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