Sprout Social, Workiva, Flywire, American Express Global Business Travel, and Snowflake Shares Skyrocket, What You Need To Know

Investing.com -- Snowflake Inc. (NYSE:SNOW) stock fell 1.4% Wednesday following an article from The Information reporting that the data cloud company is in discussions to acquire app monitoring startup Observe Inc. for approximately $1 billion, which would mark Snowflake’s largest acquisition to date.

The potential deal would expand Snowflake’s capabilities into the observability tools market, allowing it to compete more directly with established players like Datadog (NASDAQ:DDOG) and Cisco’s (NASDAQ:CSCO) Splunk. Observe’s technology helps developers monitor application performance and identify disruptions and outages.

Observe already maintains close ties with Snowflake, utilizing the company’s database technology for its operations. Snowflake’s venture arm invested in Observe earlier this year, and Observe CEO Jeremy Burton currently serves as a director on Snowflake’s board. Both companies also share a board member in Mike Speiser of Sutter Hill Ventures.

Founded in 2018, Observe has raised over $470 million from investors including Sutter Hill Ventures and Madrona Ventures, reaching a valuation of $848 million in its most recent funding round, according to PitchBook.

Baird analyst William Power, who maintains an Outperform rating and $270 price target on Snowflake, noted that while the rumored price tag would represent Snowflake’s biggest acquisition, it "should still be fairly digestible given the company’s current balance sheet ($4.4 billion of cash and $2.1 billion of net cash at FQ3-end) and FCF generation."

The acquisition would follow Snowflake’s purchase of TruEra AI last year, an observability startup focused on monitoring AI application performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This article highlights the most significant insider buying and selling activities disclosed on Monday, December 22, 2025, for US-listed companies.

Top Insider Buys

Coliseum Capital made substantial investments in MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT), purchasing shares worth $2.65 million across three separate transactions. The buying activity spanned from December 18 to December 22, 2025, with 33,807 shares acquired at an average price of $19.34 on December 18, 76,000 shares at $19.79 on December 19, and 25,000 shares at $19.66 on December 22. The purchases were executed at prices ranging from $19.17 to $19.99 across the three-day period.

Suvretta Capital Management, LLC reported purchasing shares of Benitec Biopharma Inc. (NASDAQ:BNTC) between December 18 and December 22, 2025. The transactions, totaling $538,972, were executed at prices ranging from $11.24 to $12.08. Specifically, Averill Master Fund, Ltd. acquired 8,700 shares on December 18, 13,950 shares on December 19, and 16,650 shares on December 22, while Averill Madison Master Fund, Ltd. purchased 1,515 shares on December 18, 2,434 shares on December 19, and 2,892 shares on December 22.

SeaStar Medical Holding Corp (NASDAQ:ICU) Director Jennifer A Baird acquired 4,200 shares of common stock on December 19, 2025, at a price of $0.2351 per share, for a total value of $987. Following this transaction, Baird directly owns 36,200 shares of the company. This purchase comes as ICU shares have declined 87% over the past year and 18% in the last week alone, with the stock trading near its 52-week low of $0.23. Despite the company’s weak overall financial health score, ICU maintains a strong liquidity position with a current ratio of 3.66.

Andreessen Horowitz Funds, which hold beneficial ownership of more than 10% of Navan Inc. (NASDAQ:NAVN), reported purchasing a total of 702,395 shares of Class A Common Stock worth $9.3 million. The purchases were executed between December 17 and December 19, 2025, at weighted average prices ranging from $12.65 to $14.70. Specifically, 347,600 shares were acquired on December 17 at an average price of $12.65, 103,960 shares on December 18 at $13.61, and 240,835 shares on December 19 at $14.70. The stock currently trades at $15.11, above the purchase price range, despite falling 24.45% over the past six months.

Top Insider Sells

Precigen, Inc. (NASDAQ:PGEN) Director Randal J. Kirk reported selling 1,900,000 shares of common stock on December 22, 2025. The sales were executed at a price of $4.18 per share, totaling $7,942,150. The transactions involved multiple entities through which Kirk holds indirect ownership, including various LLCs and trusts. This sale comes as Precigen shares have surged 487% over the past year, with the stock currently trading at $4.38, slightly above Kirk’s sale price.

NVIDIA CORP (NASDAQ:NVDA) Director Mark A. Stevens sold 222,500 shares of common stock on December 19, 2025, for approximately $40 million. The shares were sold at a weighted average price of $180.168, with individual sales prices ranging from $179.960 to $180.505. Stevens also gifted 258,650 shares of NVIDIA common stock on December 18, 2025, without consideration. NVIDIA shares currently trade at $183.62, with the company valued at $4.46 trillion.

Snowflake Inc (NASDAQ:SNOW) Director Frank Slootman sold a total of 200,390 shares of common stock on December 18, 2025, for approximately $44.3 million. The sales were executed in multiple transactions with prices ranging from $217.43 to $223.214. The transactions included 3,744 shares at $217.43, 7,300 shares at $219.858, 31,710 shares at $220.505, 44,582 shares at $221.468, 107,574 shares at $222.595, and 5,090 shares at $223.214. Snowflake shares are currently trading at $226.84, up about 2% from the sale prices.

Broadcom (NASDAQ:AVGO) CEO Tan Hock E sold 130,000 shares of common stock on December 18, 2025, at a price of $326.02, for a total transaction value of $42,382,600. Following the transaction, Tan directly owns 482,836 shares and indirectly owns 595,638 shares by trust. The stock is currently trading at $341.38, approximately 4.7% higher than the transaction price. Broadcom, with a market capitalization of $1.62 trillion, has raised its dividend for 16 consecutive years and maintains an impressive 77.3% gross profit margin.

ATI Inc (NYSE:ATI) Executive Chairman Robert S. Wetherbee sold a total of 53,862 shares of common stock on December 18, 2025, for approximately $6.5 million. The sales occurred at weighted average prices ranging from $108.86 to $110.34 per share. Specifically, 6,507 shares were sold at an average price of $108.86, with individual prices ranging from $108.18 to $109.17, and an additional 47,355 shares were sold at an average price of $109.57, in a price range between $109.18 and $110.17.

Why Monitor Insider Transactions

Tracking insider buying and selling activities provides investors with valuable insights into how company executives and major shareholders view their own stock’s prospects. While insider buying often signals confidence in the company’s future performance, selling may occur for various reasons unrelated to company outlook, such as personal financial planning or diversification. Investors should consider insider transactions as just one factor in their investment decision-making process, alongside fundamental analysis, industry trends, and broader market conditions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- The software sector continues to show strong growth potential, with several companies standing out in Mizuho’s latest analyst rankings.

Get premium news and insight, AI stock picks, and deep research tools by upgrading to InvestingPro - get 55% off today

These top performers are leveraging artificial intelligence, cloud migration, and data modernization to drive future growth.

Here’s a closer look at the six software companies that earned "Outperform" ratings from Mizuho analysts.

1. Atlassian (TEAM) - With a price target of $245, Mizuho analyst Gregg Moskowitz believes Atlassian’s two-pronged approach of next-generation technology (AI and analytics) and improved cloud-exclusive products will accelerate Data Center to Cloud migrations over the next 2-3 years. The recent Data Center sunsetting announcement is expected to further drive cloud migration.

Moskowitz also notes that Atlassian maintains pricing power in both cloud and on-premise environments, and suggests the market underestimates how difficult it would be for AI to disintermediate Atlassian’s offerings.

Atlassian recently completed its acquisition of engineering intelligence firm DX and announced that its cloud applications are now available on the AWS Marketplace to accelerate cloud migrations. Bernstein also raised its price target on the company to $304.

2. Salesforce (CRM) - Assigned a $340 price target, Salesforce is systematically addressing barriers to broader Agentforce adoption, according to Moskowitz. The company’s position as the system of record for front-office operations provides a foundation to centralize data via Data 360.

Mizuho expects CY26 to be significantly better than CY25 for Salesforce, with potential for organic re-acceleration. The current valuation of less than 14x CY27E FCF is described as "very compelling."

Salesforce was selected by global medicines company Novartis to unify customer interactions on its Agentforce platform. The U.S. Department of Transportation is also expanding its partnership with Salesforce to modernize its operations using the company’s AI agent technology.

3. Snowflake (SNOW) - With a $285 price target, Moskowitz highlights Snowflake’s healthy consumption activity and enterprise trends toward data estate modernization.

The company is seeing success in emerging growth areas, with improved GTM investment and sales productivity.

Currently generating $100 million in AI ARR (expected to grow substantially), Snowflake is positioned as a "best-in-class way to play data modernization."

In its third-quarter results, Snowflake reported better-than-expected revenue and profitability, leading the company to raise its full-year revenue guidance. Following the report, DA Davidson reiterated its Buy rating and maintained its $300 price target.

4. Intuit (INTU) - Analyst Siti Panigrahi set an $875 price target for Intuit, describing it as "one of the highest-quality long-term growth stories in Software."

The company combines category leadership in QuickBooks and TurboTax with consistent margin expansion. QBO Advanced and IES are growing approximately 40% year-over-year, supporting multi-year expansion opportunities. FY25 was a breakout year for TurboTax, particularly in assisted offerings.

For its fiscal first quarter, Intuit reported total revenue of $3.9 billion, an 18% year-over-year increase that exceeded the high end of its guidance. The company also announced a strategic partnership with Circle to leverage stablecoin technology across its platforms.

5. Oracle (ORCL) - With a $400 price target, Panigrahi notes that 2025 was transformative as Oracle evolved into a key AI infrastructure player. Oracle’s end-to-end stack positions it as a long-term AI beneficiary.

While investor concerns about OpenAI concentration and data center financing exist, Panigrahi believes they’re overstated, as AI capacity remains supply-constrained and Oracle’s buildout works across customers. At current levels, Oracle’s core business (excluding AI) supports a $250+ valuation.

In a recent development, Michigan regulators approved a plan for DTE Energy to supply power for a major data center being developed by Oracle and OpenAI. Mizuho also reiterated its Outperform rating and $400 price target on Oracle following the company’s fiscal second-quarter results.

6. Autodesk (ADSK) - Assigned a $375 price target, Panigrahi believes Autodesk is positioned for sustainable growth re-acceleration into low teens and margin expansion following its transaction-model roll-out. More direct sales should drive growth through cross-selling and cost efficiencies.

Construction spending is improving, with potential rate cuts providing additional tailwind. Autodesk’s mission-critical position in AEC/manufacturing supports durability, while its connected cloud platform enables GenAI-driven design monetization.

Autodesk delivered strong fiscal third-quarter results that exceeded consensus expectations, prompting management to raise all fiscal year 2026 targets. Following the report, Baird raised its price target to $377, and UBS increased its target to $400.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.