Christian Kleinerman Sells 10,000 Shares of Snowflake (NYSE:SNOW) Stock

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 10,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $219.90, for a total transaction of $2,199,000.00. Following the completion of the sale, the executive vice president directly owned 471,351 shares in the company, valued at approximately $103,650,084.90. The trade was a 2.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through 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 shares were sold at an average price of $224.30, for a total transaction of $1,066,546.50.
• On Tuesday, December 16th, Christian Kleinerman sold 2,975 shares of Snowflake stock. The shares were 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 stock was 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 shares were 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 value of $2,777,300.00.
• On Friday, October 31st, Christian Kleinerman sold 5,000 shares of Snowflake stock. The stock was sold at an average price of $275.00, for a total value 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 value of $1,250,000.00.

Snowflake Price Performance

SNOW traded up $10.08 during trading on Tuesday, hitting $234.44. The company’s stock had a trading volume of 5,202,147 shares, compared to its average volume of 4,551,062. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $80.23 billion, a price-to-earnings ratio of -58.03 and a beta of 1.14. The firm’s 50 day moving average price is $242.16 and its two-hundred day moving average price is $228.87. Snowflake Inc. has a 12 month low of $120.10 and a 12 month high of $280.67.

Snowflake (NYSE:SNOW) last announced its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates 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 during 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 quarterly revenue was up 28.7% compared to the same quarter last year. Sell-side analysts forecast that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on SNOW shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Snowflake in a research note on Thursday, December 4th. Citigroup lowered their target price on Snowflake from $310.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Canaccord Genuity Group boosted their target price on Snowflake from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Bank of America raised their price target on Snowflake from $280.00 to $310.00 and gave the company a “buy” rating in a report on Monday, November 17th. Finally, Robert W. Baird lifted their price objective on Snowflake from $260.00 to $270.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $275.32.

Hedge Funds Weigh In On Snowflake

Several hedge funds have recently added to or reduced their stakes in the stock. Trust Co. of Toledo NA OH bought a new stake in shares of Snowflake in the 2nd quarter valued at about $25,000. Avion Wealth grew its holdings in Snowflake by 76.6% during the second quarter. Avion Wealth now owns 113 shares of the company’s stock valued at $25,000 after purchasing an additional 49 shares during the period. Grey Fox Wealth Advisors LLC bought a new stake in Snowflake in the third quarter valued at approximately $25,000. Tripletail Wealth Management LLC acquired a new stake in Snowflake in the third quarter worth $28,000. Finally, Rossby Financial LCC raised its holdings in Snowflake by 4,233.3% in the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock worth $29,000 after purchasing an additional 127 shares during the period. Institutional investors and hedge funds own 65.10% of the company’s stock.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Quarterly beat and revenue momentum: Snowflake’s last report beat EPS and revenue expectations and showed ~29% y/y revenue growth, which underpins investor optimism and supports the move higher. Why Snowflake (SNOW) stock is trading up today
• Positive Sentiment: Analyst upgrades and higher targets: Multiple firms have raised price targets (examples cited include JMP, Canaccord, Robert W. Baird), improving sell‑side sentiment and likely contributing to buying interest. 2025’s Most Upgraded Stocks—And What 2026 Might Hold
• Positive Sentiment: Large institutional positions and recent increases: Vanguard, Jennison and others hold sizable stakes and have increased positions, which supports liquidity and longer‑term confidence from big holders. SNOW stock profile and holdings
• Neutral Sentiment: Valuation check: Recent commentary and pieces assessing Snowflake’s valuation after a pullback highlight mixed views — upside remains but valuation and negative net margins keep some investors cautious. Assessing Snowflake’s (SNOW) Valuation After Its Recent Share Price Pullback
• Neutral Sentiment: Industry/competitive note — FinOps and AI cost tools: Flexera’s acquisition of FinOps/AI tooling (ProsperOps, Chaos Genius) expands cost‑optimization offerings in the cloud ecosystem; may influence enterprise cloud spend behavior but impact on Snowflake revenue is uncertain. Flexera acquires ProsperOps and Chaos Genius to expand its FinOps solution
• Negative Sentiment: Insider selling: Significant SEC‑filed sales by insiders — Director Michael L. Speiser sold ~50,338 shares and SVP Vivek Raghunathan sold 11,801 shares (late Dec transactions). Insider selling can temper sentiment even if explained by diversification/liquidity needs. Michael L. Speiser Form 4 (SEC) Vivek Raghunathan Form 4 (SEC)

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.