Snowflake (NYSE:SNOW) Director Sells 100 Shares

June 30, 2026 by InsiderTrades.com

Key Points

Snowflake director Frank Slootman sold 100 shares on June 26 at $250 each, a $25,000 transaction disclosed in an SEC filing and executed under a pre-arranged Rule 10b5-1 plan.
The sale was small compared with Slootman’s holdings and recent activity; he still owns 28,535 shares, and the article notes several much larger insider sales in June and May.
Snowflake’s fundamentals and sentiment remain mixed: the company recently beat quarterly earnings and revenue estimates, while analysts mostly maintain Buy ratings with a consensus target of $293.53, even as some recent commentary warns the stock may be overvalued.

Snowflake Inc. (NYSE:SNOW - Get Free Report) Director Frank Slootman sold 100 shares of the company's stock in a transaction on Friday, June 26th. The stock was sold at an average price of $250.00, for a total transaction of $25,000.00. Following the transaction, the director owned 28,535 shares of the company's stock, valued at approximately $7,133,750. The trade was a 0.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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Frank Slootman also recently made the following trade(s):

On Thursday, June 18th, Frank Slootman sold 200,000 shares of Snowflake stock. The stock was sold at an average price of $224.27, for a total transaction of $44,854,000.00.
On Tuesday, June 16th, Frank Slootman sold 8,066 shares of Snowflake stock. The shares were sold at an average price of $240.00, for a total transaction of $1,935,840.00.
On Monday, June 1st, Frank Slootman sold 162,924 shares of Snowflake stock. The stock was sold at an average price of $263.70, for a total transaction of $42,963,058.80.
On Friday, May 29th, Frank Slootman sold 437,076 shares of Snowflake stock. The stock was sold at an average price of $252.43, for a total transaction of $110,331,094.68.
On Thursday, May 28th, Frank Slootman sold 400,000 shares of Snowflake stock. The stock was sold at an average price of $233.42, for a total transaction of $93,368,000.00.
On Tuesday, May 26th, Frank Slootman sold 55,350 shares of Snowflake stock. The shares were sold at an average price of $176.52, for a total transaction of $9,770,382.00.
On Tuesday, May 19th, Frank Slootman sold 144,650 shares of Snowflake stock. The shares were sold at an average price of $175.45, for a total value of $25,378,842.50.

Snowflake Stock Performance

NYSE:SNOW opened at $250.39 on Tuesday. The firm's fifty day simple moving average is $194.12 and its 200-day simple moving average is $189.13. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.18. The stock has a market cap of $86.79 billion, a PE ratio of -71.13 and a beta of 1.35. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $284.99.

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Snowflake (NYSE:SNOW - Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.07. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. Snowflake had a negative net margin of 23.79% and a negative return on equity of 50.50%. The company's revenue for the quarter was up 33.5% on a year-over-year basis. During the same period last year, the firm earned $0.24 EPS. Analysts expect that Snowflake Inc. will post -1.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SNOW has been the topic of a number of research analyst reports. DA Davidson boosted their target price on Snowflake from $250.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday, May 28th. BTIG Research lifted their price target on Snowflake from $280.00 to $325.00 and gave the stock a "buy" rating in a research note on Wednesday, June 3rd. UBS Group reiterated a "buy" rating on shares of Snowflake in a research report on Monday, June 22nd. Canaccord Genuity Group increased their price objective on shares of Snowflake from $240.00 to $325.00 and gave the company a "buy" rating in a research note on Thursday, May 28th. Finally, Zacks Research upgraded shares of Snowflake from a "strong sell" rating to a "hold" rating in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Snowflake currently has an average rating of "Moderate Buy" and a consensus target price of $293.53.

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Read Our Latest Analysis on SNOW

More Snowflake News

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Snowflake was highlighted in a new retail media partnership: Unlimitail selected Snowflake to power a Global Retail Media Data Hub, using Snowflake Data Clean Rooms for privacy-safe data collaboration across Europe and LATAM. Snowflake (SNOW) Lands Unlimitail Retail Media Data Hub Partnership
Positive Sentiment: Snowflake was also named in third-party coverage and reports as a key player in modern marketing data stacks, with companies like ZoomInfo and Domo getting recognition tied to Snowflake’s ecosystem, reinforcing SNOW’s positioning in AI and data infrastructure. ZoomInfo, Recognized as “One to Watch” in Snowflake’s Modern Marketing Data Stack Report
Positive Sentiment: Analyst-style commentary argued Snowflake remains a strong AI winner and a potential buy on pullbacks, suggesting some investors still see meaningful upside despite recent volatility. 5 Tech Stocks to Buy on the July Pullback (SNOW)
Neutral Sentiment: Snowflake’s ongoing marketing and customer events, including the Snowflake World Tour in Sydney, underscore continued customer engagement but are unlikely to move the stock on their own. Snowflake World Tour | Sydney
Neutral Sentiment: Director Frank Slootman sold a small number of shares under a pre-arranged 10b5-1 plan, which is generally viewed as routine insider activity rather than a strong signal. SEC Form 4 filing
Negative Sentiment: Several recent write-ups turned more cautious, with separate downgrades warning that Snowflake’s AI demand may be overhyped and that the stock’s valuation could be stretched after a strong run. Snowflake: Take Caution On Overhyped AI Demand (Rating Downgrade)
Negative Sentiment: Another Seeking Alpha note also downgraded Snowflake, reflecting some skepticism about whether recent AI-related enthusiasm can sustain the stock’s move. Snowflake: Proven AI Winner, But Time To Say Goodbye (Downgrade)

Institutional Trading of Snowflake

A number of large investors have recently made changes to their positions in the stock. Brighton Jones LLC boosted its stake in shares of Snowflake by 90.0% during the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company's stock worth $9,556,000 after purchasing an additional 29,320 shares during the last quarter. Intech Investment Management LLC lifted its stake in shares of Snowflake by 24.0% during the first quarter. Intech Investment Management LLC now owns 11,202 shares of the company's stock valued at $1,637,000 after buying an additional 2,167 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Snowflake by 29.7% during the first quarter. Geneos Wealth Management Inc. now owns 319 shares of the company's stock valued at $47,000 after buying an additional 73 shares during the period. Flow Traders U.S. LLC acquired a new stake in Snowflake during the second quarter worth approximately $221,000. Finally, The Manufacturers Life Insurance Company boosted its position in Snowflake by 7.2% during the second quarter. The Manufacturers Life Insurance Company now owns 22,603 shares of the company's stock worth $5,055,000 after acquiring an additional 1,521 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company's stock.

About Snowflake

(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.