The cluster selling is too small to be a meaningful signal. Monitor for any upcoming earnings or guidance changes, but no immediate trading action is warranted based on this activity alone.
Price Chart
Executive Summary
A cluster of insider selling at Snowflake over the past week, including a director and an EVP, totaled approximately $2.69M in open-market sales. While the dollar amount is trivial relative to Snowflake's $83.1B market cap (0.003%), the cluster includes a C-suite executive (EVP) and a director, which warrants attention. The selling is not accompanied by any material negative news in the filing context, and the historical calibration for this filing type shows poor predictive power at this impact level, suggesting limited trading significance.
Key Financial Metrics
Key Facts
- Total insider selling of ~$2.69M over a 7-day window (June 1–8, 2026)
- Sales represent ~0.003% of Snowflake's $83.1B market cap — trivial relative to company size
- Key sellers: Director Frank Slootman ($1.94M), EVP Christian Kleinerman ($658K), Director Michael Speiser ($99K)
- One tax-withholding transaction (non-cash) by Kleinerman for $443K is not a directional signal
- No material negative news or cross-filings (e.g., earnings miss, guidance cut, restructuring) accompany the cluster
Financial Impact
Total insider selling of ~$2.69M, or 0.003% of market cap — immaterial
Risk Factors
- Insider selling could accelerate if broader market or sector weakness emerges
- No negative catalysts identified — risk is limited to general market/sector headwinds
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-1781133064688 |
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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