Snowflake (NYSE:SNOW) CRO Jonathan Mead Beaulier Sells 12,292 Shares

Snowflake Inc. (NYSE:SNOW) CRO Jonathan Beaulier sold 12,292 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $336.12, for a total value of $4,131,587.04. Following the completion of the transaction, the executive directly owned 213,085 shares of the company’s stock, valued at approximately $71,622,130.20. The trade was a 5.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jonathan Mead Beaulier also recently made the following trade(s):

• On Monday, June 22nd, Jonathan Beaulier sold 9,367 shares of Snowflake stock. The stock was sold at an average price of $231.98, for a total value of $2,172,956.66.

Snowflake Trading Up 2.3%

NYSE:SNOW opened at $330.26 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.94 and a quick ratio of 0.94. The business’s 50-day simple moving average is $309.17 and its 200-day simple moving average is $229.61. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $384.56. The stock has a market capitalization of $116.52 billion, a PE ratio of -103.85 and a beta of 1.33.

Snowflake (NYSE:SNOW) last announced its earnings results on Wednesday, September 2nd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.45 by $0.17. Snowflake had a negative net margin of 20.07% and a negative return on equity of 46.32%. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the company posted $0.35 EPS. The business’s quarterly revenue was up 35.1% on a year-over-year basis. Sell-side analysts expect that Snowflake Inc. will post -1.57 earnings per share for the current fiscal year.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake’s second-quarter fiscal 2027 performance reportedly included approximately $1.55 billion in revenue, a reduced net loss, higher full-year product-revenue and operating-margin guidance, and a completed $3.7 billion share-repurchase program that retired about 25.4 million shares. The combination of stronger AI adoption, improved profitability expectations, and a smaller share count is supportive for the stock. How Investors May Respond To Snowflake AI-fueled Guidance Hike and $3.7 Billion Buyback
• Positive Sentiment: Snowflake introduced dynamic model routing designed to direct workloads to the most cost-effective AI models. Lowering enterprise AI spending could improve customer adoption and increase usage of Snowflake’s platform. Snowflake’s dynamic model routing aims to make enterprise AI more cost-efficient
• Positive Sentiment: QAD | Redzone’s ChampionAI, powered by Snowflake Cortex AI, is targeting manufacturing productivity, labor, and operational-pace challenges. The deployment provides another example of Snowflake’s AI technology being used in commercial applications. QAD | Redzone’s ChampionAI, Powered by Snowflake Cortex AI
• Positive Sentiment: Scotiabank raised its fiscal 2027 EPS estimate for Snowflake to a loss of $1.32 per share from a projected loss of $1.81 and maintained a “Sector Outperform” rating with a $440 price target. Scotiabank estimate update
• Positive Sentiment: Analyst commentary continues to highlight Snowflake’s faster growth, expanding customer base, and increasing AI adoption relative to Adobe, while momentum-focused coverage may attract additional investor interest. Snowflake vs. Adobe: Which Enterprise AI Stock Is a Better Buy?
• Neutral Sentiment: Snowflake’s support for UAE entrepreneurs building AI startups expands its ecosystem and international visibility, although the near-term financial impact is unclear. Snowflake backs UAE entrepreneurs building AI startups
• Negative Sentiment: The bullish growth case comes with valuation risk: Snowflake trades at a substantially richer valuation than Adobe despite continuing to report losses, leaving the stock vulnerable if AI growth or profitability disappoints. Snowflake versus Adobe valuation comparison

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SNOW. MV Capital Management Inc. acquired a new stake in Snowflake in the 4th quarter valued at about $32,000. Copos Capital S.a r.l. bought a new stake in Snowflake in the fourth quarter valued at approximately $35,000. SHP Wealth Management bought a new stake in Snowflake in the fourth quarter valued at approximately $39,000. Basecamp Wealth Advisors LLC lifted its position in shares of Snowflake by 140.5% in the first quarter. Basecamp Wealth Advisors LLC now owns 202 shares of the company’s stock valued at $30,000 after buying an additional 118 shares during the last quarter. Finally, Emerald Advisers LLC lifted its position in shares of Snowflake by 95.2% in the first quarter. Emerald Advisers LLC now owns 205 shares of the company’s stock valued at $31,000 after buying an additional 100 shares during the last quarter. Institutional investors own 65.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $400.00 price target on Snowflake in a research note on Thursday, September 3rd. Jefferies Financial Group set a $430.00 price objective on Snowflake and gave the stock a “buy” rating in a report on Thursday, September 3rd. KeyCorp lifted their target price on Snowflake from $285.00 to $325.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Robert W. Baird set a $450.00 target price on Snowflake in a research note on Thursday, September 3rd. Finally, HSBC set a $289.00 price objective on shares of Snowflake and gave the company a “buy” rating in a report on Friday, May 29th. Thirty-four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Snowflake currently has a consensus rating of “Moderate Buy” and an average price target of $414.24.

Snowflake Company Profile

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.