Insider Selling: Snowflake (NYSE:SNOW) CAO Sells $255,690.24 in Stock

Snowflake Inc. (NYSE:SNOW) CAO Emily Ho sold 768 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $332.93, for a total transaction of $255,690.24. Following the completion of the transaction, the chief accounting officer owned 39,958 shares in the company, valued at approximately $13,303,216.94. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Emily Ho also recently made the following trade(s):

• On Wednesday, June 24th, Emily Ho sold 1,860 shares of Snowflake stock. The stock was sold at an average price of $232.25, for a total transaction of $431,985.00.

Snowflake Trading Down 1.9%

Shares of SNOW stock opened at $331.85 on Friday. 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 $117.08 billion, a PE ratio of -104.35 and a beta of 1.33. The firm has a 50 day moving average price of $311.99 and a two-hundred day moving average price of $231.51. 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 (NYSE:SNOW) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.17. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.48 billion. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%.The company’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.35 EPS. As a group, analysts predict that Snowflake Inc. will post -1.57 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on SNOW shares. Bank of America increased their target price on shares of Snowflake from $330.00 to $395.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Morgan Stanley lifted their price target on shares of Snowflake from $300.00 to $470.00 and gave the company an “overweight” rating in a research report on Thursday, September 3rd. Oppenheimer increased their price target on Snowflake from $400.00 to $475.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Mizuho set a $425.00 price objective on Snowflake in a research note on Thursday, September 3rd. Finally, Truist Financial set a $425.00 price objective on Snowflake and gave the company a “buy” rating in a report on Thursday, September 3rd. Thirty-four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $414.24.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analysts are raising earnings expectations for Snowflake, a trend that typically supports stock momentum. The average Wall Street price target implies roughly 28.7% upside, although target prices are not guarantees. Surging Earnings Estimates Signal Upside for Snowflake Stock
• Positive Sentiment: Product revenue reportedly increased 37% in fiscal second quarter, driven by AI adoption, greater platform consumption and enterprise expansion. The acceleration strengthens Snowflake’s competitive position against larger technology providers. Snowflake Product Revenue Accelerates
• Positive Sentiment: Snowflake’s chief executive said the platform is evolving from data storage into a source of business insights, while Daasity launched an MCP AI server that turns Snowflake data into governed business intelligence. These developments provide additional evidence of commercial AI use cases. Snowflake CEO on Business Insights
• Neutral Sentiment: Snowflake has attracted substantial online and investor attention. That may increase trading interest, but attention alone does not change the company’s fundamentals. Snowflake Attracting Investor Attention
• Negative Sentiment: Snowflake reduced its fiscal 2027 non-GAAP product gross-margin guidance to 74%, citing a growing mix of lower-margin AI workloads. If AI usage expands faster than pricing or efficiency improves, revenue growth could continue to pressure profitability. What Happens if AI Keeps Costing Snowflake Margin
• Negative Sentiment: Several executives and directors sold shares under pre-arranged plans, primarily to cover tax withholding on vested equity. Although these sales are not necessarily bearish, multiple insider transactions can weigh on sentiment after a substantial rally. Snowflake Insider Selling
• Negative Sentiment: Commentary warns that Snowflake’s valuation already reflects significant AI success while the company remains unprofitable. Any slowdown in growth or further margin deterioration could trigger a sharper pullback. Snowflake Valuation and AI Growth Risks

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Allstate Corp raised its stake in shares of Snowflake by 108.1% during the 4th quarter. Allstate Corp now owns 24,497 shares of the company’s stock valued at $5,374,000 after purchasing an additional 12,724 shares during the period. TimesSquare Capital Management LLC boosted its position in shares of Snowflake by 86.3% in the fourth quarter. TimesSquare Capital Management LLC now owns 209,653 shares of the company’s stock valued at $45,989,000 after acquiring an additional 97,128 shares during the period. William Blair Investment Management LLC grew its position in shares of Snowflake by 159.9% during the 4th quarter. William Blair Investment Management LLC now owns 1,346,998 shares of the company’s stock valued at $295,477,000 after purchasing an additional 828,789 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Snowflake in the second quarter worth $1,399,000. Finally, Janney Montgomery Scott LLC grew its position in Snowflake by 105.0% during the first quarter. Janney Montgomery Scott LLC now owns 92,937 shares of the company’s stock worth $14,017,000 after buying an additional 47,601 shares in the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

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.