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

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 10,000 shares of Snowflake stock in a transaction on 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 $92,946,865.38. This trade represents a 3.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 value 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 value 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 value of $4,883,550.00.
• On Friday, August 7th, Christian Kleinerman sold 5,000 shares of Snowflake stock. The shares were 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 stock was sold at an average price of $325.00, for a total value of $8,125,000.00.

Snowflake Trading Down 1.7%

Shares of SNOW stock traded down $4.89 during trading hours on Wednesday, reaching $290.15. 6,011,298 shares of the company’s stock were exchanged, compared to its average volume of 4,542,510. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $384.56. The business has a fifty day moving average price of $330.47 and a 200-day moving average price of $240.60. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.06.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.17. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%. Snowflake’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.35 earnings per share. On average, equities analysts predict that Snowflake Inc. will post -1.42 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on SNOW. Royal Bank Of Canada upped their price objective on shares of Snowflake from $372.00 to $440.00 and gave the company an “outperform” rating in a research report on Thursday, September 3rd. Argus lifted their target price on Snowflake from $300.00 to $450.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. Robert W. Baird set a $450.00 price target on Snowflake in a research note on Thursday, September 3rd. BTIG Research upped their price target on Snowflake from $340.00 to $424.00 and gave the company a “buy” rating in a report on Thursday, September 3rd. Finally, Citizens Jmp raised their price objective on Snowflake from $408.00 to $488.00 and gave the stock a “market outperform” rating in a research report on Thursday, September 3rd. Thirty-six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $413.87.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. OMERS ADMINISTRATION Corp boosted its stake in Snowflake by 4,284.3% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 696,278 shares of the company’s stock valued at $105,013,000 after buying an additional 680,397 shares in the last quarter. Janus Henderson Group PLC grew its position in Snowflake by 22.2% in the first quarter. Janus Henderson Group PLC now owns 2,997,385 shares of the company’s stock valued at $452,014,000 after acquiring an additional 544,960 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its stake in Snowflake by 76.9% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,171,833 shares of the company’s stock worth $176,736,000 after acquiring an additional 509,230 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in Snowflake by 134.5% during the third quarter. Assenagon Asset Management S.A. now owns 790,291 shares of the company’s stock worth $268,351,000 after acquiring an additional 453,342 shares in the last quarter. Finally, Swedbank AB lifted 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 period. Institutional investors own 65.10% of the company’s stock.

Snowflake News Roundup

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.

Snowflake Company Profile

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.