SNOW CEO Buys $5 Million of Stock. What's He See That We Don't?

Key PointsSnowflake is a rapidly growing data warehouse solutions provider that enables companies to store, manage and analyze their data in a centralized cloud-based location.Snowflake shares crumbled over 20% on its fiscal 2025 guidance and the sudden replacement of CEO Frank Slootman.The new CEO, Sridhar Ramaswamy, was a former Vice President of AI and Search at Google and purchased over $5 million of Snowflake stock through his trust, as disclosed on March 27, 2024.5 stocks we like better than Snowflake ...