Snowflake (NYSE:SNOW) Director Frank Slootman Sells 200,000 Shares of Stock

Snowflake Inc. (NYSE:SNOW) Director Frank Slootman sold 200,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $224.27, for a total transaction of $44,854,000.00. Following the completion of the sale, the director directly owned 28,535 shares in the company, valued at $6,399,544.45. This trade represents a 87.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 16th, Frank Slootman sold 8,066 shares of Snowflake stock. The stock was sold at an average price of $240.00, for a total transaction of $1,935,840.00.
• On Monday, June 1st, Frank Slootman sold 162,924 shares of Snowflake stock. The stock was sold at an average price of $263.70, for a total transaction of $42,963,058.80.
• On Friday, May 29th, Frank Slootman sold 437,076 shares of Snowflake stock. The shares were sold at an average price of $252.43, for a total transaction of $110,331,094.68.
• On Thursday, May 28th, Frank Slootman sold 400,000 shares of Snowflake stock. The shares were sold at an average price of $233.42, for a total transaction of $93,368,000.00.
• On Tuesday, May 26th, Frank Slootman sold 55,350 shares of Snowflake stock. The stock was sold at an average price of $176.52, for a total transaction of $9,770,382.00.
• On Tuesday, May 19th, Frank Slootman sold 144,650 shares of Snowflake stock. The stock was sold at an average price of $175.45, for a total transaction of $25,378,842.50.

Snowflake Stock Down 2.7%

Shares of SNOW opened at $226.02 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.18. The company has a 50-day moving average price of $184.06 and a two-hundred day moving average price of $189.10. The stock has a market cap of $78.34 billion, a price-to-earnings ratio of -64.21 and a beta of 1.35. Snowflake Inc. has a 12 month low of $118.30 and a 12 month high of $284.99.

Snowflake (NYSE:SNOW) last issued its earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. Snowflake had a negative return on equity of 50.50% and a negative net margin of 23.79%.The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the firm posted $0.24 EPS. Snowflake’s quarterly revenue was up 33.5% compared to the same quarter last year. Equities analysts predict that Snowflake Inc. will post -1.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Needham & Company LLC boosted their price objective on shares of Snowflake from $300.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. UBS Group reiterated a “buy” rating on shares of Snowflake in a research report on Monday. KeyCorp set a $295.00 target price on Snowflake in a research note on Thursday, May 28th. Wedbush boosted their target price on Snowflake from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Finally, Cantor Fitzgerald upped their price target on Snowflake from $225.00 to $282.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $293.53.

Institutional Trading of Snowflake

A number of large investors have recently made changes to their positions in the company. Kemnay Advisory Services Inc. acquired a new position in shares of Snowflake in the 4th quarter valued at approximately $28,000. Greenline Wealth Management LLC acquired a new stake in Snowflake during the 4th quarter worth approximately $29,000. GoalVest Advisory LLC lifted its stake in Snowflake by 221.4% in the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after buying an additional 93 shares in the last quarter. Physician Wealth Advisors Inc. lifted its stake in Snowflake by 56.0% in the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock valued at $31,000 after buying an additional 51 shares in the last quarter. Finally, Emerald Advisers LLC boosted its holdings in shares of Snowflake by 95.2% in the first quarter. Emerald Advisers LLC now owns 205 shares of the company’s stock valued at $31,000 after buying an additional 100 shares during the period. Institutional investors own 65.10% of the company’s stock.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Truist reiterated a Buy rating on Snowflake and raised its price target to $300 from $275, citing constructive customer feedback following Snowflake Summit 2026. Truist Remains Bullish on Snowflake Inc. (SNOW)
• Positive Sentiment: Snowflake’s fifth annual Modern Marketing Data Stack report highlighted a wide ecosystem of partners, including RudderStack, Hightouch, Sigma, Amperity, Iterable, Acxiom, Tealium, Adstra, Verato, Ketch, Snowplow, Piano, DAS42, and others. The repeated “Leader” and “One to Watch” designations reinforce Snowflake’s role as the core platform for governed data activation and AI-driven marketing workflows. Snowplow Recognized as Leader in Snowflake’s Modern Marketing Data Stack Report for Third Consecutive Year
• Neutral Sentiment: Several partners publicized their recognition in Snowflake’s report at Cannes Lions 2026, which is mostly a marketing and ecosystem story rather than a direct financial update. While it supports Snowflake’s brand strength, the immediate stock impact may be limited. RudderStack Named a Leader in Snowflake’s Modern Marketing Data Stack Report

About Snowflake

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.