Snowflake Inc. (NYSE:SNOW - Get Free Report) EVP Christian Kleinerman sold 10,000 shares of the company's stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $306.01, for a total transaction of $3,060,100.00. Following the completion of the transaction, the executive vice president owned 303,738 shares in the company, valued at approximately $92,946,865.38. The trade was a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Christian Kleinerman also recently made the following trade(s):
- On Thursday, October 1st, Christian Kleinerman sold 15,000 shares of Snowflake stock. The stock was sold at an average price of $341.57, for a total transaction of $5,123,550.00.
- On Tuesday, September 22nd, Christian Kleinerman sold 2,622 shares of Snowflake stock. The stock was sold at an average price of $344.50, for a total value of $903,279.00.
- On Wednesday, September 16th, Christian Kleinerman sold 2,986 shares of Snowflake stock. The stock was sold at an average price of $318.51, for a total value of $951,070.86.
- On Wednesday, September 9th, Christian Kleinerman sold 2,730 shares of Snowflake stock. The stock was sold at an average price of $335.72, for a total transaction of $916,515.60.
- On Thursday, September 3rd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $380.00, for a total transaction of $3,800,000.00.
- On Tuesday, September 1st, Christian Kleinerman sold 15,000 shares of Snowflake stock. The shares were sold at an average price of $325.57, for a total transaction of $4,883,550.00.
- On Friday, August 7th, Christian Kleinerman sold 5,000 shares of Snowflake stock. The stock was sold at an average price of $325.00, for a total value of $1,625,000.00.
- On Friday, August 7th, Christian Kleinerman sold 25,000 shares of Snowflake stock. The shares were sold at an average price of $325.00, for a total value of $8,125,000.00.
Snowflake Trading Down 1.7%
SNOW opened at $290.15 on Thursday. The firm has a market cap of $102.37 billion, a price-to-earnings ratio of -91.24 and a beta of 1.32. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.06. Snowflake Inc. has a 12 month low of $118.30 and a 12 month high of $384.56. The stock has a fifty day moving average price of $329.92 and a 200-day moving average price of $241.01.
Snowflake (NYSE:SNOW - Get Free Report) last announced its earnings results on Wednesday, September 2nd. The company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.17. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.48 billion. Snowflake had a negative net margin of 20.07% and a negative return on equity of 46.32%. The firm's revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.35 earnings per share. As a group, equities research analysts anticipate that Snowflake Inc. will post -1.42 earnings per share for the current fiscal year.
Trending Headlines about Snowflake
Here are the key news stories impacting Snowflake this week:
- Positive Sentiment: At Snowflake Expedition 2026, the company introduced autonomous AI agents and data-engineering tools, plus Business Ontology and expanded governance and audit controls. The features are designed to give enterprise agents trusted business context and automate data-pipeline work, potentially supporting customer adoption and usage growth. Read More. · Read More.
- Neutral Sentiment: USA Cycling selected Snowflake as its AI Data Cloud and collaboration partner. The partnership is a customer-validation point, but the announcement did not disclose its financial value. Read More.
- Negative Sentiment: Sector-wide selling weighed on Snowflake alongside other software names. Recent coverage attributed the broader weakness to concerns about AI-related spending and pressure following results from peers; this points to market sentiment rather than a newly reported Snowflake-specific setback. Read More. · Read More.
- Negative Sentiment: A Seeking Alpha article disclosed a rating downgrade, adding a cautious view of Snowflake’s AI growth story. The provided headline does not specify the downgrade’s rationale. Read More.
Analyst Ratings Changes
SNOW has been the subject of several research analyst reports. Rosenblatt Securities raised their price objective on Snowflake from $285.00 to $345.00 and gave the stock a "buy" rating in a research note on Tuesday, September 1st. Stifel Nicolaus upped their target price on Snowflake from $350.00 to $450.00 and gave the company a "buy" rating in a research report on Thursday, September 3rd. Robert W. Baird set a $450.00 price target on shares of Snowflake in a report on Thursday, September 3rd. Guggenheim reissued a "neutral" rating on shares of Snowflake in a research report on Thursday, September 3rd. Finally, DA Davidson lifted their price objective on shares of Snowflake from $300.00 to $450.00 and gave the company a "buy" rating in a research note on Thursday, September 3rd. Thirty-six 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $413.87.
Get Our Latest Analysis on SNOW
Institutional Investors Weigh In On Snowflake
Hedge funds have recently modified their holdings of the company. Janus Henderson Group PLC raised its stake in shares of Snowflake by 22.2% during the 1st quarter. Janus Henderson Group PLC now owns 2,997,385 shares of the company's stock worth $452,014,000 after buying an additional 544,960 shares during the period. Assenagon Asset Management S.A. increased its stake in Snowflake by 134.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 790,291 shares of the company's stock worth $268,351,000 after buying an additional 453,342 shares in the last quarter. Swedbank AB raised its holdings in shares of Snowflake by 24.0% during the first quarter. Swedbank AB now owns 1,649,771 shares of the company's stock valued at $248,818,000 after acquiring an additional 319,356 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Snowflake by 76.9% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,171,833 shares of the company's stock valued at $176,736,000 after acquiring an additional 509,230 shares in the last quarter. Finally, National Pension Service raised its stake in Snowflake by 3.3% in the 2nd quarter. National Pension Service now owns 690,349 shares of the company's stock valued at $175,694,000 after purchasing an additional 21,915 shares during the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.
About Snowflake
(
Get Free Report)
Snowflake Inc is a cloud-based data platform company that helps organizations store, process, analyze and share data across public cloud environments. Its platform is designed to support data warehousing, data lakes, data engineering, data applications and analytics without requiring customers to manage the underlying hardware or software infrastructure.
Snowflake offers services for data sharing and collaboration, allowing organizations to securely exchange data with internal teams, customers, partners and third-party providers.
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