Christian Kleinerman Sells 10,000 Shares of Snowflake (NYSE:SNOW) Stock

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 10,000 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $197.09, for a total transaction of $1,970,900.00. Following the completion of the transaction, the executive vice president directly owned 461,351 shares of the company’s stock, valued at $90,927,668.59. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, January 2nd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $219.90, for a total value of $2,199,000.00.
• On Tuesday, December 23rd, Christian Kleinerman sold 4,755 shares of Snowflake stock. The stock was 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 shares were 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 shares were 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.

Snowflake Stock Down 4.8%

Shares of NYSE:SNOW opened at $165.00 on Thursday. The company’s fifty day moving average is $219.07 and its 200-day moving average is $227.23. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.37 and a current ratio of 1.37. Snowflake Inc. has a 52 week low of $120.10 and a 52 week high of $280.67. The company has a market capitalization of $56.46 billion, a PE ratio of -40.84 and a beta of 1.14.

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

Hedge Funds Weigh In On Snowflake

Hedge funds and other institutional investors have recently bought and sold shares of the business. Strategic Family Wealth Counselors L.L.C. acquired a new stake in Snowflake during the 4th quarter worth $241,000. Stonebridge Financial Group LLC MO bought a new position in shares of Snowflake in the 4th quarter worth $365,000. Summit Wealth Group LLC Co. bought a new position in shares of Snowflake in the 4th quarter worth $251,000. Ameritas Advisory Services LLC acquired a new stake in shares of Snowflake during the fourth quarter worth $216,000. Finally, Atlantic Union Bankshares Corp increased its holdings in Snowflake by 13.1% in the fourth quarter. Atlantic Union Bankshares Corp now owns 9,876 shares of the company’s stock valued at $2,166,000 after purchasing an additional 1,147 shares during the last quarter. 65.10% of the stock is owned by institutional investors.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake announced a multi‑year, $200 million partnership to bring OpenAI models (e.g., GPT family) natively into its platform — this can drive meaningful compute consumption if customers run those models on Snowflake data. Read More.
• Positive Sentiment: New product releases (Cortex Code, Semantic View Autopilot, Snowflake Postgres) broaden use cases and reduce friction for enterprise AI projects, which should support higher long‑term consumption. Read More.
• Positive Sentiment: Customer traction: United Rentals rolled out a Snowflake‑built Business Intelligence Agent across 1,600+ branches — a concrete example of enterprise adoption that can translate into recurring consumption. Read More.
• Neutral Sentiment: Market commentary is mixed — analysts generally remain constructive, but investors want evidence (upward guidance or faster AI consumption) rather than headlines; the “show‑me” moment will be upcoming guidance/earnings. Read More.
• Negative Sentiment: Insider selling: EVP Christian Kleinerman sold 10,000 shares recently — an SEC Form 4 disclosure that can add short‑term selling pressure. Read More.
• Negative Sentiment: Legal risk: Johnson Fistel launched an investigation into whether Snowflake or its officers complied with securities laws, increasing uncertainty and headline risk. Read More.
• Negative Sentiment: Shares have fallen more than peers amid profit‑taking and AI skepticism — traders are worried about rising costs from running large models versus near‑term margin impact. Read More.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Barclays reiterated an “equal weight” rating and issued a $250.00 price objective (down previously from $290.00) on shares of Snowflake in a research report on Monday, January 12th. Macquarie upped their price target on shares of Snowflake from $235.00 to $250.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Canaccord Genuity Group increased their price objective on shares of Snowflake from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Jefferies Financial Group set a $300.00 price objective on shares of Snowflake in a research report on Monday, November 24th. Finally, Stifel Nicolaus upped their target price on shares of Snowflake from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $275.58.

Snowflake Company Profile

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.