Snowflake (NYSE:SNOW) EVP Sells $1,970,900.00 in Stock

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 10,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $197.09, for a total transaction of $1,970,900.00. Following the completion of the transaction, the executive vice president directly owned 461,351 shares in the company, valued at $90,927,668.59. The trade was a 2.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, January 2nd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was sold at an average price of $219.90, for a total transaction of $2,199,000.00.
• 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 value 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 value 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 value 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 value of $2,495,300.00.

Snowflake Price Performance

NYSE SNOW traded down $18.32 on Tuesday, reaching $172.36. 13,795,088 shares of the company’s stock traded hands, compared to its average volume of 4,929,084. The stock has a market cap of $58.98 billion, a PE ratio of -42.66 and a beta of 1.14. Snowflake Inc. has a 12 month low of $120.10 and a 12 month high of $280.67. The stock has a 50-day simple moving average of $222.31 and a 200 day simple moving average of $227.98. 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 (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The firm’s revenue was up 28.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS. As a group, research analysts predict that Snowflake Inc. will post -2.36 earnings per share for the current year.

Wall Street Analyst Weigh In

SNOW has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of Snowflake from $250.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Sanford C. Bernstein restated a “market perform” rating and issued a $237.00 price objective on shares of Snowflake in a research report on Thursday, December 4th. Macquarie increased their target price on shares of Snowflake from $235.00 to $250.00 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Monness Crespi & Hardt boosted their price target on Snowflake from $260.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Finally, The Goldman Sachs Group set a $286.00 price objective on Snowflake in a research report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $275.58.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Large OpenAI partnership that could drive consumption and stickiness — Snowflake struck a multi‑year, $200 million deal to integrate OpenAI models (e.g., GPT) into its Cortex services, a move that can expand high‑margin consumption revenue by running models directly on customer data. Snowflake partners with OpenAI in $200 million AI deal
• Positive Sentiment: New AI products to accelerate adoption — Snowflake launched Cortex Code (an AI coding agent) and Semantic View Autopilot to automate semantic views and speed data→AI projects, which could increase platform usage and revenue per customer. Snowflake Unveils Cortex Code
• Positive Sentiment: PostgreSQL runs natively in the AI Data Cloud — Snowflake announced Snowflake Postgres (PostgreSQL support natively in the platform), which helps consolidate transactions and analytics on one platform and can reduce customer friction for migration/expansion. Snowflake plugs PostgreSQL into its AI Data Cloud
• Positive Sentiment: Wall Street backing and analyst commentary — Several analysts reiterated buy/outperform views (Bank of America, DA Davidson) and bullish notes (Zacks) that underscore expectations for upside if AI integrations drive faster consumption. Bank of America Securities Reiterates a Buy on Snowflake Inc. (SNOW)
• Neutral Sentiment: Industry and partner ecosystem moves — Snowflake is participating in Open Semantic Interchange (OSI) efforts and adding partners (e.g., Collate, Avaap partner status) to improve interoperability and broaden GTM. These are strategic positives but incremental near term. Collate Joins Snowflake and Industry Leaders to Advance Open Semantic Interchange (OSI)
• Neutral Sentiment: Upcoming catalysts to watch — Snowflake will report fiscal Q4 results on Feb. 25 and present at Morgan Stanley’s TMT conference on Mar. 3; both events are likely to move the stock depending on guidance and AI consumption signals. Snowflake to Announce Financial Results for the Fourth Quarter
• Negative Sentiment: Securities‑loss investigation — Law firm Johnson Fistel is investigating whether Snowflake or its officers violated securities laws, which can create legal overhang and investor caution until resolved. Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel
• Negative Sentiment: Board change after acquisition — A director resigned following the Observe acquisition, which could raise short‑term governance or integration questions. Snowflake director resigns following Observe acquisition completion
• Negative Sentiment: Muted market reaction and margin concerns — Analysts and market commentary note the stock’s reaction to headlines has been muted as investors demand proof in the form of stronger consumption growth and durable margins; that skepticism likely contributes to today’s decline. Snowflake’s $200M Bet: Can The OpenAI Deal Fix The Slump?

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SNOW. Brighton Jones LLC boosted its holdings in shares of Snowflake by 90.0% during the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock valued at $9,556,000 after acquiring an additional 29,320 shares during the last quarter. Intech Investment Management LLC boosted its holdings in Snowflake by 24.0% in the first quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock worth $1,637,000 after purchasing an additional 2,167 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Snowflake by 29.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after purchasing an additional 73 shares during the period. Hilltop National Bank bought a new position in shares of Snowflake during the 2nd quarter valued at $53,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of Snowflake in the 2nd quarter worth $224,000. 65.10% of the stock is currently owned by institutional investors.

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.