Snowflake (NYSE:SNOW) EVP Sells $2,199,000.00 in Stock

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 10,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $219.90, for a total value of $2,199,000.00. Following the completion of the transaction, the executive vice president owned 471,351 shares in the company, valued at approximately $103,650,084.90. This trade represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Christian Kleinerman also recently made the following trade(s):

• On Tuesday, December 23rd, Christian Kleinerman sold 4,755 shares of Snowflake stock. The stock was sold at an average price of $224.30, for a total value of $1,066,546.50.
• On Tuesday, December 16th, Christian Kleinerman sold 2,975 shares of Snowflake stock. The stock was sold at an average price of $212.45, for a total transaction of $632,038.75.
• On Tuesday, December 9th, Christian Kleinerman sold 548 shares of Snowflake stock. The shares were sold at an average price of $223.31, for a total transaction of $122,373.88.
• On Monday, December 1st, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was sold at an average price of $249.53, for a total transaction of $2,495,300.00.
• On Monday, November 3rd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was sold at an average price of $277.73, for a total transaction of $2,777,300.00.
• On Friday, October 31st, Christian Kleinerman sold 5,000 shares of Snowflake stock. The shares were sold at an average price of $275.00, for a total transaction of $1,375,000.00.
• On Wednesday, October 8th, Christian Kleinerman sold 5,000 shares of Snowflake stock. The shares were sold at an average price of $250.00, for a total transaction of $1,250,000.00.

Snowflake Stock Down 4.2%

Shares of Snowflake stock opened at $223.72 on Friday. Snowflake Inc. has a twelve month low of $120.10 and a twelve month high of $280.67. The stock has a market cap of $76.56 billion, a price-to-earnings ratio of -55.38 and a beta of 1.14. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The company has a fifty day moving average price of $239.82 and a 200 day moving average price of $229.03.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period last year, the company posted $0.20 earnings per share. The firm’s revenue was up 28.7% compared to the same quarter last year. Equities research analysts forecast that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SNOW has been the subject of several recent research reports. Cowen reaffirmed a “buy” rating on shares of Snowflake in a research report on Thursday, December 4th. BTIG Research reaffirmed a “buy” rating and set a $312.00 price target on shares of Snowflake in a report on Thursday, December 4th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Snowflake in a report on Thursday, December 4th. Sanford C. Bernstein reissued a “market perform” rating and issued a $237.00 price objective on shares of Snowflake in a research report on Thursday, December 4th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Snowflake in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Snowflake presently has a consensus rating of “Moderate Buy” and a consensus price target of $275.97.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake announced it intends to acquire observability platform Observe — a product built on Snowflake’s tech that could deepen native monitoring and expand enterprise usage. This strategic tuck‑in supports Snowflake’s AI/data platform narrative. Snowflake announces its intent to buy observability platform Observe
• Positive Sentiment: Analyst upgrades and higher price targets are reinforcing upside expectations (example: Argus upgraded SNOW to Buy with a $300 target), which supports medium‑term momentum for the stock. Argus upgrade / coverage roundup
• Positive Sentiment: Major institutional holders remain heavily invested (Vanguard, Jennison, State Street, Artisan), which underpins liquidity and suggests longer‑term investor conviction. SNOW stock overview
• Neutral Sentiment: Snowflake’s strong AI momentum has driven a big move over the last year, but commentators are re‑assessing valuation and whether recent profitability pivots sacrifice growth — this debate is keeping trading volatile. SNOW Stock Rallies 45% in a Year: Should You Buy, Sell, or Hold?
• Neutral Sentiment: Third‑party FinOps activity (e.g., DoiT acquiring a Snowflake‑cost optimization vendor) highlights customer focus on controlling Snowflake spend—this is relevant to client retention and consumption trends but not an immediate company update. DoiT Acquires SELECT to Eliminate Snowflake Waste
• Neutral Sentiment: Coverage that suggests friction in Snowflake’s relationship with Google Gemini may temper enthusiasm around model partnerships; the impact depends on Snowflake’s alternative model arrangements. Snowflake gets frosty with Google Gemini
• Negative Sentiment: Insider selling: multiple senior executives disclosed sizable share sales (including EVP Christian Kleinerman and others). Heavy insider liquidations often weigh on short‑term sentiment, even if for tax/planning reasons. Insider Selling: Snowflake EVP Sells 10,000 Shares
• Negative Sentiment: Bearish/tactical short‑term views: recent pieces argue the profitability pivot could be a trap for growth investors or advise waiting for a reset, which can spur selling from growth‑oriented holders. Snowflake: The Profitability Pivot May Be A Trap For Growth Investors

Institutional Investors Weigh In On Snowflake

Several institutional investors and hedge funds have recently bought and sold shares of the business. Trust Co. of Toledo NA OH acquired a new stake in shares of Snowflake during the 2nd quarter worth approximately $25,000. Grey Fox Wealth Advisors LLC acquired a new stake in Snowflake in the third quarter worth $25,000. Avion Wealth lifted its stake in Snowflake by 76.6% in the second quarter. Avion Wealth now owns 113 shares of the company’s stock valued at $25,000 after buying an additional 49 shares during the last quarter. Tripletail Wealth Management LLC acquired a new position in shares of Snowflake during the third quarter valued at $28,000. Finally, Rossby Financial LCC boosted its holdings in shares of Snowflake by 4,233.3% during the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock valued at $29,000 after acquiring an additional 127 shares during the period. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake Company Profile

Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.