Snowflake director McLaughlin buys stock worth $501K (NYSE:SNOW)

Snowflake (NYSE:SNOW) director Mark D. McLaughlin disclosed the purchase of 3,030 company shares for $501,314 on March 6th. The data warehousing company on Thursday saw gains after six straight sessions in red that took its share price down by about 25%. In the past 12 months, there have been a total of 148 insider trades on SNOW, which resulted in the purchase of 496,150 shares and the sale of about 3.08M shares. Since the start of the year, SNOW has fallen about 15%. The stock is marked as a Hold by Seeking Alpha’s Quant ratings, but Wall Street has recommended the stock as a Buy.