Snowflake Inc. President Dageville Benoit Buys, Sells Shares on August 7.

Benoit Dageville, Director and President of Products at Snowflake Inc. (SNOW), recently disclosed a transaction involving the purchase and sale of 25,000 shares of the company's stock. Specifically, he bought 25,000 shares at a price of $13.48 per share on August 7, 2025, and subsequently sold the same number of shares at a price of $215 per share on the same day.

Snowflake Inc. (SNOW), a leading cloud data management company, has seen significant insider trading activity, with Benoit Dageville, Director and President of Products, recently disclosing a notable transaction. On August 7, 2025, Dageville bought 25,000 shares of Snowflake stock at $13.48 per share and subsequently sold the same number of shares at $215 per share on the same day [1].

This transaction, while unusual in terms of the timing (both purchase and sale on the same day), is not uncommon for insiders who may be taking advantage of insider knowledge. The purchase price of $13.48 per share is significantly lower than the sale price of $215 per share, indicating a substantial gain for Dageville. This gain, however, must be viewed in the context of Snowflake's overall stock performance and the broader market conditions.

Snowflake's stock has been the subject of much discussion and speculation in recent months, with analysts and investors closely monitoring the company's upcoming quarterly earnings report scheduled for late August 2025. While many are optimistic about Snowflake's growth prospects, driven by strategic partnerships and AI integration, others have expressed concerns over rising costs and recent stock price drops [1].

The insider trading activity, including Dageville's recent transaction, adds to the scrutiny surrounding Snowflake. Insiders' trades can provide valuable insights into the company's future prospects, but they must be interpreted with caution. The fact that Dageville sold his shares at a higher price on the same day suggests that he may have had access to positive information about the company's performance or future plans.

In addition to Dageville's transaction, Snowflake's insiders have been actively trading the company's stock. In the past six months, insiders have sold a total of 3,014,642 shares valued at over $657 million, indicating significant movements by company executives [2].

Overall, Benoit Dageville's recent insider trading activity provides an interesting data point for investors to consider. While the transaction itself is not indicative of the company's overall performance, it is a reminder of the importance of staying informed about insider trading and its potential implications for stock prices.

References:
[1] https://www.quiverquant.com/news/Snowflake+Inc.+Stock+%28SNOW%29+Opinions+on+Upcoming+Quarterly+Earnings
[2] https://www.marketbeat.com/instant-alerts/filing-mitsubishi-ufj-asset-management-co-ltd-boosts-stock-position-in-snowflake-inc-nysesnow-2025-08-10/