Insider Selling: Snowflake (NYSE:SNOW) EVP Sells $903,279.00 in Stock

Posted by Trevor Kearing on Sep 25th, 2026

Snowflake Inc. (NYSE:SNOW – Get Free Report) EVP Christian Kleinerman sold 2,622 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $344.50, for a total transaction of $903,279.00. Following the completion of the transaction, the executive vice president owned 328,738 shares in the company, valued at $113,250,241. This represents a 0.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

On Wednesday, September 16th, Christian Kleinerman sold 2,986 shares of Snowflake stock. The shares were sold at an average price of $318.51, for a total transaction of $951,070.86.
On Wednesday, September 9th, Christian Kleinerman sold 2,730 shares of Snowflake stock. The shares were sold at an average price of $335.72, for a total transaction of $916,515.60.
On Thursday, September 3rd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $380.00, for a total transaction of $3,800,000.00.
On Tuesday, September 1st, Christian Kleinerman sold 15,000 shares of Snowflake stock. The shares were sold at an average price of $325.57, for a total transaction of $4,883,550.00.
On Friday, August 7th, Christian Kleinerman sold 5,000 shares of Snowflake stock. The shares were sold at an average price of $325.00, for a total transaction of $1,625,000.00.
On Friday, August 7th, Christian Kleinerman sold 25,000 shares of Snowflake stock. The shares were sold at an average price of $325.00, for a total transaction of $8,125,000.00.
On Monday, August 3rd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was sold at an average price of $297.00, for a total transaction of $2,970,000.00.
On Friday, July 31st, Christian Kleinerman sold 9,986 shares of Snowflake stock. The stock was sold at an average price of $300.00, for a total value of $2,995,800.00.
On Friday, July 31st, Christian Kleinerman sold 20,000 shares of Snowflake stock. The shares were sold at an average price of $300.00, for a total value of $6,000,000.00.
On Wednesday, July 1st, Christian Kleinerman sold 2,500 shares of Snowflake stock. The shares were sold at an average price of $258.56, for a total value of $646,400.00.

Snowflake Trading Down 0.2%

NYSE SNOW opened at $334.24 on Friday. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $384.56. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a 50 day simple moving average of $317.11 and a two-hundred day simple moving average of $236.53. The stock has a market cap of $117.92 billion, a P/E ratio of -105.11 and a beta of 1.33.

Snowflake (NYSE:SNOW – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.17. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%.The business’s revenue was up 35.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.35 earnings per share. On average, analysts forecast that Snowflake Inc. will post -1.57 earnings per share for the current year.

Institutional Investors Weigh In On Snowflake

A number of institutional investors have recently modified their holdings of SNOW. Nuveen LLC boosted its stake in Snowflake by 2.3% in the 4th quarter. Nuveen LLC now owns 5,277,851 shares of the company’s stock worth $1,157,749,000 after purchasing an additional 116,521 shares in the last quarter. Geode Capital Management LLC increased its stake in Snowflake by 5.5% during the 4th quarter. Geode Capital Management LLC now owns 4,809,689 shares of the company’s stock valued at $1,052,195,000 after purchasing an additional 249,668 shares in the last quarter. Norges Bank purchased a new position in Snowflake in the fourth quarter worth about $974,091,000. Janus Henderson Group PLC lifted its stake in shares of Snowflake by 20.4% in the fourth quarter. Janus Henderson Group PLC now owns 2,452,425 shares of the company’s stock worth $537,907,000 after buying an additional 415,951 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in shares of Snowflake by 5.2% in the fourth quarter. Legal & General Group Plc now owns 1,949,962 shares of the company’s stock worth $427,744,000 after buying an additional 96,373 shares in the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Snowflake’s partnership with CrowdStrike brings the Falcon security platform to the Snowflake Marketplace. Customers can use pre-committed Snowflake capacity to purchase Falcon subscriptions, while deeper data interoperability could increase marketplace activity, platform usage, and enterprise demand. CrowdStrike and Snowflake partnership
Positive Sentiment: Investor commentary from Tributary Capital highlighted accelerating product adoption and a strengthening profit outlook, supporting the bullish case for Snowflake’s AI-driven growth. The company’s latest reported quarter also exceeded expectations, with revenue of $1.55 billion and EPS of $0.62 versus consensus of $1.48 billion and $0.45, respectively. Snowflake profit outlook article
Positive Sentiment: Snowflake received a Zacks upgrade to Rank #2, or “Buy,” reflecting improved expectations for earnings. Analysts remain broadly constructive, with a reported consensus price target of $414.24, although targets and ratings are not guarantees of future performance. Zacks Snowflake upgrade
Neutral Sentiment: Liquibase Secure became available through the Snowflake Marketplace, expanding the platform’s partner ecosystem and governance capabilities. The announcement is strategically positive but did not disclose a material financial impact. Liquibase Secure on Snowflake Marketplace
Negative Sentiment: Director Frank Slootman sold a combined 300,000 shares for roughly $100 million, reducing his direct holdings by more than 84%. The transactions were made under a pre-arranged trading plan, but their size can still fuel profit-taking concerns. Frank Slootman share sale
Negative Sentiment: Snowflake’s high valuation and continuing negative net margin leave the stock sensitive to concerns that growth may be coming at the expense of profitability. A market-wide retreat in cloud shares, including Oracle, added further near-term pressure. Cloud stock selloff

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. DA Davidson upped their price objective on shares of Snowflake from $300.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. Jefferies Financial Group set a $430.00 price target on shares of Snowflake and gave the company a “buy” rating in a research report on Thursday, September 3rd. Royal Bank Of Canada increased their price target on shares of Snowflake from $372.00 to $440.00 and gave the stock an “outperform” rating in a research note on Thursday, September 3rd. Sanford C. Bernstein raised their price objective on shares of Snowflake from $195.00 to $250.00 and gave the stock a “market perform” rating in a report on Thursday, May 28th. Finally, Wells Fargo & Company lifted their price objective on Snowflake from $500.00 to $525.00 and gave the company an “overweight” rating in a research report on Thursday, September 3rd. Thirty-four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $414.24.

View Our Latest Stock Analysis on Snowflake

About Snowflake

(Get Free Report)

Snowflake Inc (NYSE: SNOW) is a cloud-based data platform company that helps organizations store, process, analyze and share data. Its platform is designed to support data warehousing, data lakes, data engineering, data science, application development and business intelligence across public cloud environments.

Snowflake’s Data Cloud enables customers to consolidate and access structured, semi-structured and unstructured data while supporting secure data sharing and collaboration. Its offerings include Snowflake Cortex, which provides artificial intelligence and machine-learning capabilities, as well as tools for developing data applications and using data from Snowflake’s marketplace and partner ecosystem.

Founded in 2012, Snowflake serves businesses, government organizations and other institutions globally through cloud infrastructure provided by major public-cloud platforms.