Vivek Raghunathan Sells 3,876 Shares of Snowflake (NYSE:SNOW) Stock

Snowflake Inc. (NYSE:SNOW) SVP Vivek Raghunathan sold 3,876 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $152.80, for a total transaction of $592,252.80. Following the completion of the sale, the senior vice president directly owned 273,323 shares in the company, valued at approximately $41,763,754.40. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Snowflake Trading Up 0.0%

Shares of NYSE:SNOW opened at $151.89 on Friday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.18. The company’s 50-day moving average price is $173.75 and its 200 day moving average price is $214.69. The company has a market cap of $52.51 billion, a PE ratio of -38.45 and a beta of 1.23. Snowflake Inc. has a fifty-two week low of $120.10 and a fifty-two week high of $280.67.

Snowflake (NYSE:SNOW) last posted its earnings results on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.27 by $0.05. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. Snowflake’s quarterly revenue was up 30.1% on a year-over-year basis. Sell-side analysts anticipate that Snowflake Inc. will post -2.36 earnings per share for the current year.

Hedge Funds Weigh In On Snowflake

Several hedge funds have recently modified their holdings of SNOW. Purpose Unlimited Inc. bought a new stake in shares of Snowflake in the 4th quarter worth $571,000. Rockefeller Capital Management L.P. boosted its stake in Snowflake by 39.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 363,999 shares of the company’s stock valued at $79,847,000 after buying an additional 102,534 shares in the last quarter. Osbon Capital Management LLC acquired a new position in Snowflake during the fourth quarter worth about $47,000. Spear Advisors LLC bought a new stake in Snowflake in the fourth quarter worth about $2,382,000. Finally, World Investment Advisors raised its position in Snowflake by 45.6% in the fourth quarter. World Investment Advisors now owns 5,280 shares of the company’s stock worth $1,158,000 after acquiring an additional 1,653 shares in the last quarter. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Benchmark initiated coverage with a Buy and highlighted Snowflake as a top AI‑infrastructure pick, reinforcing the TAM and long‑term AI monetization narrative. Read More.
• Positive Sentiment: Seeking Alpha upgraded Snowflake to a “Speculative Buy,” citing strong agentic AI monetization (125% NRR) and expanding multi‑year RPOs ($9.77B), which supports premium valuation expectations if execution continues. Read More.
• Positive Sentiment: Coverage and research pieces note AI workload expansion and Snowflake’s AI tooling are driving platform usage — a potential revenue accelerator if the company scales deployments and converts larger deals. Read More.
• Positive Sentiment: Management move: Snowflake promoted long‑time sales leader Jonathan Beaulier to Chief Revenue Officer, a signal that the company is prioritizing sales execution and go‑to‑market monetization. Read More.
• Neutral Sentiment: Some broker/press commentary (e.g., Mizuho, other analysts) says the CRO change and pullback make Snowflake more interesting but flags execution risk — mixed near‑term conviction despite positive catalysts. Read More.
• Neutral Sentiment: Analyst takes vary: several notes recommend watching the pullback but stop short of a clear buy for all investors, leaving market reaction dependent on upcoming execution signals. Read More.
• Negative Sentiment: Legal overhang: multiple law firms have issued investor alerts and class‑action notices related to alleged securities violations with an April 27, 2026 lead‑plaintiff deadline — this increases short‑term uncertainty and can pressure the stock while litigation unfolds. Read More.
• Negative Sentiment: Insider activity: SVP Vivek Raghunathan sold ~3,876 shares under a pre‑arranged Rule 10b5‑1 plan (small reduction). Routine but sometimes interpreted negatively by short‑term traders. Read More.
• Negative Sentiment: Short‑term trader tools: some options‑strategy commentary is positioning SNOW for bearish plays, reflecting trader skepticism amid recent volatility. Read More.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SNOW. Mizuho cut their target price on Snowflake from $285.00 to $220.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. UBS Group lowered their price target on Snowflake from $265.00 to $235.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Scotiabank cut their price objective on shares of Snowflake from $290.00 to $205.00 and set a “sector outperform” rating on the stock in a research note on Thursday, February 26th. Citigroup reduced their price objective on shares of Snowflake from $300.00 to $270.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Finally, Stifel Nicolaus set a $205.00 target price on shares of Snowflake in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $249.62.

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.