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

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 10,000 shares of Snowflake stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $306.01, for a total value of $3,060,100.00. Following the transaction, the executive vice president owned 303,738 shares of the company’s stock, valued at $92,946,865.38. This represents a 3.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, October 1st, Christian Kleinerman sold 15,000 shares of Snowflake stock. The shares were sold at an average price of $341.57, for a total transaction of $5,123,550.00.
• On Tuesday, September 22nd, Christian Kleinerman sold 2,622 shares of Snowflake stock. The stock was sold at an average price of $344.50, for a total transaction of $903,279.00.
• 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 value of $916,515.60.
• On Thursday, September 3rd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was 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 stock was 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 stock was sold at an average price of $325.00, for a total value of $1,625,000.00.
• On Friday, August 7th, Christian Kleinerman sold 25,000 shares of Snowflake stock. The stock was sold at an average price of $325.00, for a total value of $8,125,000.00.

Snowflake Trading Down 1.7%

Shares of Snowflake stock opened at $290.15 on Thursday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.06. Snowflake Inc. has a 12-month low of $118.30 and a 12-month high of $384.56. The company has a market capitalization of $102.37 billion, a price-to-earnings ratio of -91.24 and a beta of 1.32. The firm’s 50-day moving average price is $329.92 and its two-hundred day moving average price is $241.01.

Snowflake (NYSE:SNOW) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.17. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter in the previous year, the firm earned $0.35 EPS. Snowflake’s revenue was up 35.1% on a year-over-year basis. On average, analysts forecast that Snowflake Inc. will post -1.42 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SNOW has been the topic of several analyst reports. The Goldman Sachs Group upped their target price on Snowflake from $300.00 to $436.00 and gave the company a “buy” rating in a report on Thursday, September 3rd. Jefferies Financial Group set a $430.00 price objective on Snowflake and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Mizuho set a $425.00 target price on Snowflake in a research note on Thursday, September 3rd. Stifel Nicolaus increased their target price on shares of Snowflake from $350.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Finally, Argus upped their price objective on shares of Snowflake from $300.00 to $450.00 and gave the company a “buy” rating in a report on Friday, September 4th. Thirty-six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $413.87.

Institutional Trading of Snowflake

Institutional investors and hedge funds have recently modified their holdings of the business. Basecamp Wealth Advisors LLC increased its stake in Snowflake by 140.5% during the first quarter. Basecamp Wealth Advisors LLC now owns 202 shares of the company’s stock worth $30,000 after acquiring an additional 118 shares during the last quarter. Emerald Advisers LLC boosted its stake in Snowflake by 95.2% during the first quarter. Emerald Advisers LLC now owns 205 shares of the company’s stock worth $31,000 after buying an additional 100 shares during the period. Reyes Financial Architecture Inc. purchased a new stake in shares of Snowflake in the third quarter valued at $32,000. Mather Group LLC. raised its stake in shares of Snowflake by 98.0% in the third quarter. Mather Group LLC. now owns 101 shares of the company’s stock valued at $34,000 after acquiring an additional 50 shares during the period. Finally, Ninety One UK Ltd bought a new position in Snowflake during the 3rd quarter valued at about $36,000. 65.10% of the stock is owned by hedge funds and other institutional investors.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: At Snowflake Expedition 2026, the company introduced autonomous AI agents and data-engineering tools, plus Business Ontology and expanded governance and audit controls. The features are designed to give enterprise agents trusted business context and automate data-pipeline work, potentially supporting customer adoption and usage growth. Read More. · Read More.
• Neutral Sentiment: USA Cycling selected Snowflake as its AI Data Cloud and collaboration partner. The partnership is a customer-validation point, but the announcement did not disclose its financial value. Read More.
• Negative Sentiment: Sector-wide selling weighed on Snowflake alongside other software names. Recent coverage attributed the broader weakness to concerns about AI-related spending and pressure following results from peers; this points to market sentiment rather than a newly reported Snowflake-specific setback. Read More. · Read More.
• Negative Sentiment: A Seeking Alpha article disclosed a rating downgrade, adding a cautious view of Snowflake’s AI growth story. The provided headline does not specify the downgrade’s rationale. Read More.

About Snowflake

Snowflake Inc is a cloud-based data platform company that helps organizations store, process, analyze and share data across public cloud environments. Its platform is designed to support data warehousing, data lakes, data engineering, data applications and analytics without requiring customers to manage the underlying hardware or software infrastructure.

Snowflake offers services for data sharing and collaboration, allowing organizations to securely exchange data with internal teams, customers, partners and third-party providers.