Snowflake (NYSE:SNOW) Director Sells $41,354,000.00 in Stock

Snowflake Inc. (NYSE:SNOW) Director Frank Slootman sold 200,000 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $206.77, for a total transaction of $41,354,000.00. Following the completion of the sale, the director owned 50,329 shares of the company’s stock, valued at $10,406,527.33. This trade represents a 79.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Frank Slootman also recently made the following trade(s):

• On Thursday, December 18th, Frank Slootman sold 200,000 shares of Snowflake stock. The shares were sold at an average price of $221.83, for a total transaction of $44,366,000.00.
• On Tuesday, December 16th, Frank Slootman sold 7,728 shares of Snowflake stock. The stock was sold at an average price of $212.45, for a total value of $1,641,813.60.
• On Tuesday, December 9th, Frank Slootman sold 1,993 shares of Snowflake stock. The stock was sold at an average price of $223.31, for a total value of $445,056.83.

Snowflake Stock Down 0.7%

SNOW opened at $209.57 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.37 and a quick ratio of 1.37. Snowflake Inc. has a 12 month low of $120.10 and a 12 month high of $280.67. The stock has a market capitalization of $71.72 billion, a P/E ratio of -51.87 and a beta of 1.14. The business has a 50 day simple moving average of $227.49 and a 200-day simple moving average of $228.29.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the prior year, the business posted $0.20 earnings per share. Snowflake’s revenue was up 28.7% compared to the same quarter last year. On average, equities analysts anticipate that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Snowflake

A number of hedge funds and other institutional investors have recently modified their holdings of SNOW. Total Clarity Wealth Management Inc. raised its holdings in Snowflake by 2.7% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock valued at $340,000 after acquiring an additional 40 shares during the last quarter. Diligent Investors LLC grew its position in shares of Snowflake by 0.9% in the third quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock valued at $1,036,000 after purchasing an additional 40 shares during the period. Coastline Trust Co increased its stake in Snowflake by 1.0% in the third quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock valued at $943,000 after purchasing an additional 42 shares during the last quarter. Wedbush Securities Inc. increased its stake in Snowflake by 1.3% in the second quarter. Wedbush Securities Inc. now owns 3,717 shares of the company’s stock valued at $832,000 after purchasing an additional 48 shares during the last quarter. Finally, Avion Wealth lifted its position in Snowflake by 76.6% during the second quarter. Avion Wealth now owns 113 shares of the company’s stock worth $25,000 after buying an additional 49 shares during the period. 65.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on SNOW shares. Citigroup dropped their target price on shares of Snowflake from $310.00 to $300.00 and set a “buy” rating for the company in a report on Monday, December 8th. Morgan Stanley upped their price target on Snowflake from $272.00 to $299.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Piper Sandler reaffirmed an “overweight” rating and set a $285.00 price objective on shares of Snowflake in a report on Thursday, December 4th. Argus upgraded Snowflake from a “hold” rating to a “buy” rating and set a $300.00 target price on the stock in a research report on Thursday, January 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Snowflake in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $275.58.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Expansion: Snowflake announced a new AWS deployment in the UAE, extending its commercial footprint in the Middle East and building on >$2B of AWS Marketplace sales — a clear push to grow international revenue and partner-led bookings. Snowflake launches AWS deployment in UAE
• Positive Sentiment: Customer / product traction: Snowflake partnered with Zinnia for real‑time insurance analytics and AI, signaling continued vertical wins for high-value, analytics-driven use cases that can drive consumption. Zinnia collaborates with Snowflake
• Positive Sentiment: Analyst support: Several firms have recently reiterated or raised targets (Argus, KeyCorp, Needham, Rosenblatt), leaving consensus upside vs. current prices — supportive for medium‑term investor sentiment. MarketBeat coverage including analyst notes
• Neutral Sentiment: Macro/strategy tone: CEO comments emphasize being precise about AI ROI — a message of disciplined monetization that helps clarify strategy but doesn’t deliver immediate revenue. Useful for long‑term thesis, limited short‑term impact. CEO: Being precise about AI’s ROI
• Neutral Sentiment: Options/derivative flows: Some traders are using defined‑risk bullish strategies (bull put spreads) betting downside is limited — signals trader interest but not a guarantee of upward price movement. Bull put spread options piece
• Neutral Sentiment: Projections and coverage: Forecast pieces (24/7 Wall St.) reiterate mixed near-term momentum after recent monthly declines but highlight longer-term upside since last year’s lows — useful context, but speculative. Snowflake price prediction
• Negative Sentiment: Insider selling: Director Frank Slootman sold 200,000 shares (~$41.4M) and reduced his stake materially — a large, recent insider sale that often weighs on sentiment and amplifies near‑term selling pressure. SEC filing: Frank Slootman sale

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.