Snowflake's Trading Volume Drops to $840 Million, Second in Daily Decline Ranking
On June 27, 2025, Snowflake's trading volume reached $840 million, marking a 25.05% decrease from the previous day. The company's stock price rose by 0.27%, marking the second consecutive day of gains, with a total increase of 0.46% over the past two days.
Snowflake insiders sold over 30 million shares in the second quarter of 2025, with top executives such as CFO Michael Scarpelli and co-founder Benoit Dageville being among the sellers. Additionally, Director Jeremy Burton sold 19,111YI-- shares on June 24th.
Asset Management One Co. Ltd. increased its stake in SnowflakeSNOW-- by 1.3% in the first quarter, indicating continued institutional interest in the company.
Jim Cramer highlighted Snowflake as a stock with a strong AI narrative, citing several catalysts that have driven the company's shares up by 40.6% year-to-date.
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