Insider Selling: Snowflake (NYSE:SNOW) EVP Sells 10,000 Shares of Stock

January 7, 2026 by InsiderTrades.com

Key Points

Insider selling: EVP Christian Kleinerman sold 10,000 shares on Jan. 2 at $219.90 for $2.199M, one of several recent sales that reduced his stake by 2.08% to 471,351 shares (≈$103.65M).
Snowflake beat the quarter with $0.35 EPS (vs. $0.31 est.) and $1.21B revenue (up 28.7% YoY), but remains unprofitable with a −30.76% net margin and analysts project negative full‑year EPS (~−2.36).
Brokerages have raised targets and the stock carries a consensus "Moderate Buy" rating with a $275.32 target, while institutional investors hold about 65.1% of shares (large stakes by Vanguard, Jennison, State Street, Artisan).

Snowflake Inc. (NYSE:SNOW - Get Free Report) EVP Christian Kleinerman sold 10,000 shares of the company's stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $219.90, for a total value of $2,199,000.00. Following the sale, the executive vice president directly owned 471,351 shares in the company, valued at $103,650,084.90. This represents a 2.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

On Tuesday, December 23rd, Christian Kleinerman sold 4,755 shares of Snowflake stock. The shares were sold at an average price of $224.30, for a total value of $1,066,546.50.
On Tuesday, December 16th, Christian Kleinerman sold 2,975 shares of Snowflake stock. The stock was sold at an average price of $212.45, for a total value of $632,038.75.
On Tuesday, December 9th, Christian Kleinerman sold 548 shares of Snowflake stock. The stock was sold at an average price of $223.31, for a total value of $122,373.88.
On Monday, December 1st, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $249.53, for a total value of $2,495,300.00.
On Monday, November 3rd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $277.73, for a total value of $2,777,300.00.
On Friday, October 31st, Christian Kleinerman sold 5,000 shares of Snowflake stock. The stock was sold at an average price of $275.00, for a total value of $1,375,000.00.
On Wednesday, October 8th, Christian Kleinerman sold 5,000 shares of Snowflake stock. The stock was sold at an average price of $250.00, for a total transaction of $1,250,000.00.

Snowflake Stock Up 4.5%

Shares of NYSE:SNOW opened at $234.44 on Wednesday. Snowflake Inc. has a fifty-two week low of $120.10 and a fifty-two week high of $280.67. The firm's 50 day moving average price is $241.50 and its 200 day moving average price is $229.03. 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 stock has a market cap of $80.23 billion, a price-to-earnings ratio of -58.03 and a beta of 1.14.

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

Wall Street Analysts Forecast Growth

SNOW has been the subject of a number of recent analyst reports. KeyCorp lifted their price target on Snowflake from $275.00 to $285.00 and gave the stock an "overweight" rating in a report on Thursday, December 4th. Oppenheimer reiterated an "outperform" rating on shares of Snowflake in a report on Friday, November 21st. Needham & Company LLC reissued a "buy" rating and set a $280.00 target price on shares of Snowflake in a research report on Thursday, December 4th. BTIG Research restated a "buy" rating and set a $312.00 target price on shares of Snowflake in a research note on Thursday, December 4th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Snowflake in a report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $275.32.

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Read Our Latest Analysis on SNOW

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Analyst upgrades and higher price targets are supporting upside expectations — several brokerages have raised targets (examples include JMP, Canaccord and Robert W. Baird) and MarketBeat highlighted Snowflake among its most upgraded 2025 names, reinforcing buy-side momentum. 2025's Most Upgraded Stocks—And What 2026 Might Hold
Positive Sentiment: Institutional investors remain heavily invested — major holders (Vanguard, Jennison, State Street, Artisan) have sizable positions and recent filings cited increases or large stakes, which supports liquidity and longer-term demand for shares. SNOW stock overview
Neutral Sentiment: Analysts and commentators are re‑assessing valuation after a recent pullback — coverage (including a valuation piece) is helping frame whether the current price ranges present a buying opportunity vs. risk given Snowflake’s growth and negative GAAP margins. Assessing Snowflake’s (SNOW) Valuation After Its Recent Share Price Pullback
Neutral Sentiment: Broader AI/FinOps ecosystem moves may indirectly affect Snowflake — news such as Flexera’s FinOps acquisitions highlight ongoing vendor consolidation in cloud cost optimization; this is relevant to Snowflake customers managing cloud spend but not an immediate company-specific event. Flexera acquires ProsperOps and Chaos Genius
Neutral Sentiment: Reports suggest tension or recalibration around a Google Gemini relationship — coverage characterizes the development as a pullback/softening in the partnership narrative, which could affect sentiment on Snowflake’s AI model access and partner strategy; implications depend on how Snowflake re‑positions model integrations. Snowflake gets frosty with Google Gemini
Negative Sentiment: Insider selling: multiple senior executives and a director disclosed sizable stock sales (Christian Kleinerman, Vivek Raghunathan, Michael L. Speiser), which can weigh on near‑term sentiment despite common explanations (planned diversification, tax/liquidity events). See filings for details. Kleinerman SEC filing Raghunathan SEC filing Speiser SEC filing

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Snowflake by 3.1% in the third quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company's stock valued at $6,461,465,000 after buying an additional 857,832 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of Snowflake during the second quarter worth approximately $3,900,134,000. Jennison Associates LLC increased its holdings in shares of Snowflake by 13.5% in the 3rd quarter. Jennison Associates LLC now owns 9,083,889 shares of the company's stock valued at $2,048,871,000 after acquiring an additional 1,083,222 shares during the period. State Street Corp increased its holdings in shares of Snowflake by 1.4% in the 2nd quarter. State Street Corp now owns 6,887,073 shares of the company's stock valued at $1,541,120,000 after acquiring an additional 94,293 shares during the period. Finally, Artisan Partners Limited Partnership raised its position in Snowflake by 15.2% in the 2nd quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company's stock valued at $1,108,045,000 after purchasing an additional 652,485 shares during the last quarter. Hedge funds and other institutional investors 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.