Snowflake (NYSE:SNOW) CAO Sells $239,731.36 in Stock

Key Points

  • Christian Kleinerman, Snowflake EVP, sold 4,755 shares on Dec. 23 at an average price of $224.30 for $1,066,546.50, leaving him with 536,587 shares (a 0.88% reduction in his position).
  • Insider selling is broader — Kleinerman has executed multiple recent sales and Director Frank Slootman disclosed a 200,000‑share sale (~$44.4M) — activity that could create short‑term selling pressure or investor caution.
  • Fundamentals remain mixed: Snowflake beat the quarter (EPS $0.35 vs. $0.31; revenue $1.21B, +28.7% YoY), benefits from strong AI‑driven demand (~50% of bookings) and partnerships like Accenture, while analysts hold a consensus Moderate Buy with an average target around $275.

Snowflake Inc. (NYSE:SNOW - Get Free Report) CAO Emily Ho sold 1,072 shares of the business's stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $223.63, for a total transaction of $239,731.36. Following the completion of the sale, the chief accounting officer directly owned 43,809 shares in the company, valued at $9,797,006.67. This trade represents a 2.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

  • On Thursday, December 18th, Emily Ho sold 586 shares of Snowflake stock. The stock was sold at an average price of $222.91, for a total transaction of $130,625.26.
  • On Wednesday, September 24th, Emily Ho sold 1,658 shares of Snowflake stock. The shares were sold at an average price of $225.25, for a total transaction of $373,464.50.

Snowflake Stock Down 0.8%

Shares of NYSE SNOW opened at $225.12 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. The business's 50 day moving average is $247.00 and its two-hundred day moving average is $228.14. Snowflake Inc. has a 52-week low of $120.10 and a 52-week high of $280.67. The firm has a market cap of $77.04 billion, a price-to-earnings ratio of -55.72 and a beta of 1.09.




Snowflake (NYSE:SNOW - Get Free Report) last issued its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.04. The business had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.18 billion. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The company's revenue was up 28.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 earnings per share. Research analysts predict that Snowflake Inc. will post -2.36 EPS for the current year.

Key Stores Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

  • Positive Sentiment: Strong AI demand: reports say AI now drives ~50% of Snowflake bookings and the company hit an early $100M AI run rate, signaling accelerating usage‑based revenue tied to AI workloads. Read More.
  • Positive Sentiment: Commercial expansion: Snowflake announced a partnership with Accenture to scale AI + data solutions across enterprises — a tie‑up that can drive customer adoption and higher platform consumption. Read More.
  • Positive Sentiment: Bullish research pieces highlight a large addressable market (> $350B potential) plus high retention and strong RPO, reinforcing a favorable growth/valuation case for buy‑and‑hold investors. Read More.
  • Neutral Sentiment: Price/forecast commentary: some outlets publish multi‑year price forecasts and note recent volatility (monthly declines followed by YTD gains); these are market‑narrative pieces rather than new fundamentals. Read More.
  • Neutral Sentiment: Mixed analyst signals: coverage remains largely positive overall (several Buy/Outperform ratings), but price targets and conviction vary across brokers. Read More.
  • Negative Sentiment: Large insider sale — Director Frank Slootman sold 200,000 shares (~$44.4M at ~$221.83), cutting his direct holding drastically; such a large, disclosed sale can create short‑term selling pressure or investor caution. SEC filing: Read More.
  • Negative Sentiment: Other insider sales — EVP Christian Kleinerman sold 4,755 shares (~$1.07M) and CAO Emily Ho sold multiple small lots (586 and 1,072 shares). These add to the impression of insider distribution even if individually modest. SEC filing: Read More.Read More.

Wall Street Analyst Weigh In

Several research firms have recently commented on SNOW. BTIG Research reissued a "buy" rating and issued a $312.00 price objective on shares of Snowflake in a research note on Thursday, December 4th. Truist Financial increased their target price on shares of Snowflake from $235.00 to $270.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Wells Fargo & Company boosted their price target on shares of Snowflake from $275.00 to $290.00 and gave the stock an "overweight" rating in a research note on Thursday, December 4th. The Goldman Sachs Group upped their price objective on Snowflake from $230.00 to $260.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Finally, KeyCorp lifted their target price on Snowflake from $275.00 to $285.00 and gave the company an "overweight" rating in a report on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Snowflake currently has a consensus rating of "Moderate Buy" and a consensus price target of $275.32.

View Our Latest Stock Report on SNOW

Hedge Funds Weigh In On Snowflake

A number of institutional investors and hedge funds have recently modified their holdings of SNOW. Total Clarity Wealth Management Inc. raised its stake in Snowflake by 2.7% in the third quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company's stock valued at $340,000 after buying an additional 40 shares in the last quarter. Diligent Investors LLC increased its holdings in shares of Snowflake by 0.9% in the 3rd quarter. Diligent Investors LLC now owns 4,594 shares of the company's stock valued at $1,036,000 after acquiring an additional 40 shares during the last quarter. Coastline Trust Co raised its position in shares of Snowflake by 1.0% during the 3rd quarter. Coastline Trust Co now owns 4,183 shares of the company's stock worth $943,000 after acquiring an additional 42 shares in the last quarter. Capital Advantage Inc. raised its position in shares of Snowflake by 1.1% during the 2nd quarter. Capital Advantage Inc. now owns 4,412 shares of the company's stock worth $987,000 after acquiring an additional 48 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its stake in Snowflake by 1.3% during the second quarter. Wedbush Securities Inc. now owns 3,717 shares of the company's stock worth $832,000 after purchasing an additional 48 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company's stock.

Snowflake Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Snowflake (NYSE:SNOW)

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