Snowflake (NYSE:SNOW) Director Frank Slootman Sells 100 Shares

Snowflake Inc. (NYSE:SNOW) Director Frank Slootman sold 100 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $250.00, for a total transaction of $25,000.00. Following the completion of the sale, the director owned 28,535 shares in the company, valued at $7,133,750. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, June 18th, Frank Slootman sold 200,000 shares of Snowflake stock. The stock was sold at an average price of $224.27, for a total transaction of $44,854,000.00.
• On Tuesday, June 16th, Frank Slootman sold 8,066 shares of Snowflake stock. The shares were sold at an average price of $240.00, for a total value of $1,935,840.00.
• On Monday, June 1st, Frank Slootman sold 162,924 shares of Snowflake stock. The shares were sold at an average price of $263.70, for a total value of $42,963,058.80.
• On Friday, May 29th, Frank Slootman sold 437,076 shares of Snowflake stock. The stock was sold at an average price of $252.43, for a total value of $110,331,094.68.
• On Thursday, May 28th, Frank Slootman sold 400,000 shares of Snowflake stock. The stock was sold at an average price of $233.42, for a total value of $93,368,000.00.
• On Tuesday, May 26th, Frank Slootman sold 55,350 shares of Snowflake stock. The shares were sold at an average price of $176.52, for a total value 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 value of $25,378,842.50.

Snowflake Price Performance

SNOW stock opened at $250.39 on Tuesday. The business has a 50 day moving average price of $194.12 and a 200 day moving average price of $189.13. 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 stock has a market cap of $86.79 billion, a price-to-earnings ratio of -71.13 and a beta of 1.35. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $284.99.

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

Institutional Investors Weigh In On Snowflake

Several hedge funds have recently made changes to their positions in the business. Kemnay Advisory Services Inc. purchased a new stake in Snowflake during the 4th quarter valued at approximately $28,000. Greenline Wealth Management LLC purchased a new position in shares of Snowflake in the 4th quarter valued at approximately $29,000. GoalVest Advisory LLC grew its stake in shares of Snowflake by 221.4% in the 4th quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the last quarter. Physician Wealth Advisors Inc. increased its holdings in shares of 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 purchasing an additional 51 shares during the period. Finally, MV Capital Management Inc. acquired a new position in shares of Snowflake in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake was highlighted in a new retail media partnership: Unlimitail selected Snowflake to power a Global Retail Media Data Hub, using Snowflake Data Clean Rooms for privacy-safe data collaboration across Europe and LATAM. Snowflake (SNOW) Lands Unlimitail Retail Media Data Hub Partnership
• Positive Sentiment: Snowflake was also named in third-party coverage and reports as a key player in modern marketing data stacks, with companies like ZoomInfo and Domo getting recognition tied to Snowflake’s ecosystem, reinforcing SNOW’s positioning in AI and data infrastructure. ZoomInfo, Recognized as “One to Watch” in Snowflake’s Modern Marketing Data Stack Report
• Positive Sentiment: Analyst-style commentary argued Snowflake remains a strong AI winner and a potential buy on pullbacks, suggesting some investors still see meaningful upside despite recent volatility. 5 Tech Stocks to Buy on the July Pullback (SNOW)
• Neutral Sentiment: Snowflake’s ongoing marketing and customer events, including the Snowflake World Tour in Sydney, underscore continued customer engagement but are unlikely to move the stock on their own. Snowflake World Tour | Sydney
• Neutral Sentiment: Director Frank Slootman sold a small number of shares under a pre-arranged 10b5-1 plan, which is generally viewed as routine insider activity rather than a strong signal. SEC Form 4 filing
• Negative Sentiment: Several recent write-ups turned more cautious, with separate downgrades warning that Snowflake’s AI demand may be overhyped and that the stock’s valuation could be stretched after a strong run. Snowflake: Take Caution On Overhyped AI Demand (Rating Downgrade)
• Negative Sentiment: Another Seeking Alpha note also downgraded Snowflake, reflecting some skepticism about whether recent AI-related enthusiasm can sustain the stock’s move. Snowflake: Proven AI Winner, But Time To Say Goodbye (Downgrade)

Analyst Upgrades and Downgrades

Several brokerages recently commented on SNOW. Wells Fargo & Company lifted their price target on shares of Snowflake from $210.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Raymond James Financial restated an “outperform” rating and issued a $275.00 price objective on shares of Snowflake in a research note on Thursday, May 28th. Morgan Stanley lifted their target price on Snowflake from $245.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Truist Financial lifted their target price on Snowflake from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, June 5th. Finally, BTIG Research boosted their target price on Snowflake from $280.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. One research 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 given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $293.53.

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.