
Frank Slootman, a director at Snowflake Inc., sold 11,299 shares of the company's stock on March 19th at an average price of $175.25, totaling nearly $2 million. This sale is part of a series of recent stock sales by Slootman, including much larger transactions earlier in March and January. Despite these sales, Slootman still owns over 38,000 shares valued at about $6.67 million. These insider sales may influence market sentiment amid Snowflake's ongoing business developments and recent earnings report showing revenue growth but negative net margins.