Latest news with #SnowflakeInc.
The Star
7 days ago
- Business
- The Star
Olympics-LA28 brings on Snowflake as data collaboration provider
FILE PHOTO: The company logo for Snowflake Inc. is displayed on a banner to celebrate the company's IPO at the New York Stock Exchange (NYSE) in New York, U.S., September 16, 2020. REUTERS/Brendan McDermid/File Photo (Reuters) -Data cloud analytics company Snowflake has been appointed the official data collaboration provider for the 2028 Olympic and Paralympic Games in Los Angeles as well as Team USA, the American company said on Tuesday. The Bozeman, Montana-based company said the partnership will enable data collaboration across Olympic and Paralympic Games for critical functions, which include athletes training data and fan engagement. "Snowflake's fully managed platform lets Team USA centralize critical information for sharing and collaboration such as athlete training data, health records, nutrition sources and more, ensuring every competitor has the knowledge and support required to win," it added in a statement. "Team USA can use Snowflake's flexible software architecture to connect and enrich fan data in order to build a complete profile of each fan and then engage with them in a personalized way. "This helps Team USA bring fans closer to the action by delivering interactions that resonate with their interests—whether watching from home, following on social channels or attending events." The Games will take place from July 14-30, 2028, and the Paralympic Games from August 15-27, 2028. "As we progress toward 2028, our capabilities will continue to evolve and the opportunities to collaborate with Snowflake on data collaboration enhancements are paramount," said John Usher, CEO of the U.S. Olympic and Paralympic Properties. "This partnership enables us to scale efficiently and achieve our innovation goals for LA28 and Team USA." (Reporting by Aadi Nair in Bengaluru. Editing by Mark Potter)
Yahoo
18-04-2025
- Business
- Yahoo
Snowflake Insider Ups Holding During Year
Looking at Snowflake Inc.'s (NYSE:SNOW ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. In the last twelve months, the biggest single purchase by an insider was when Lead Independent Director Michael Speiser bought US$10.0m worth of shares at a price of US$131 per share. That implies that an insider found the current price of US$143 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Snowflake share holders is that an insider was buying at near the current price. Michael Speiser was the only individual insider to buy shares in the last twelve months. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! View our latest analysis for Snowflake Snowflake is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Snowflake insiders own 4.3% of the company, worth about US$2.1b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders. The fact that there have been no Snowflake insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like Snowflake insiders think the business has merit. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Snowflake has 1 warning sign we think you should be aware of. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
