Insider Selling: Snowflake (NYSE:SNOW) CRO Sells $2,172,956.66 in Stock

Snowflake Inc. (NYSE:SNOW) CRO Jonathan Mead Beaulier sold 9,367 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $231.98, for a total value of $2,172,956.66. Following the transaction, the executive directly owned 234,791 shares in the company, valued at $54,466,816.18. This trade represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Snowflake Stock Performance

Shares of SNOW stock opened at $248.29 on Friday. The stock has a fifty day moving average of $191.99 and a 200 day moving average of $189.19. Snowflake Inc. has a 52 week low of $118.30 and a 52 week high of $284.99. The firm has a market capitalization of $86.06 billion, a price-to-earnings ratio of -70.54 and a beta of 1.35. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.18.

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on SNOW shares. Canaccord Genuity Group increased their price target on shares of Snowflake from $240.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Evercore set a $200.00 price objective on Snowflake in a research report on Tuesday, April 14th. Rosenblatt Securities upped their target price on Snowflake from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Citigroup upped their target price on Snowflake from $260.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. increased their target price on Snowflake from $245.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $293.53.

Hedge Funds Weigh In On Snowflake

Institutional investors and hedge funds have recently modified their holdings of the stock. Kemnay Advisory Services Inc. bought a new position in shares of Snowflake in the fourth quarter worth approximately $28,000. Greenline Wealth Management LLC purchased a new stake in shares of Snowflake during the fourth quarter valued at approximately $29,000. GoalVest Advisory LLC increased its position in shares of Snowflake by 221.4% during the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after acquiring an additional 93 shares in the last quarter. Physician Wealth Advisors Inc. increased its position in shares of Snowflake by 56.0% during the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock valued at $31,000 after acquiring an additional 51 shares in the last quarter. Finally, MV Capital Management Inc. purchased a new position in Snowflake in the 4th quarter worth approximately $32,000. 65.10% of the stock is currently owned by institutional investors.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analysts remain constructive on Snowflake, with several firms reiterating Buy/Overweight ratings and raising price targets, reinforcing confidence in its growth outlook and AI-related demand.
• Positive Sentiment: Investor interest is rising around Snowflake’s long-term AI opportunity and its scale in cloud data management, with recent coverage citing strong free cash flow and broad enterprise relevance. GitLab vs. Snowflake: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: Snowflake is attracting more attention from traders and retail investors, which can support momentum when combined with strong fundamentals.
• Neutral Sentiment: Recent articles questioning whether SNOW can rebound or reach higher levels are mostly sentiment-driven and do not indicate a new fundamental catalyst.
• Negative Sentiment: Multiple insider sales, including recent transactions by executives, may weigh on sentiment even though the trades were reportedly made under pre-arranged plans for tax withholding purposes.

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.