Snowflake (NYSE:SNOW) EVP Christian Kleinerman Sells 550 Shares of Stock

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 550 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $182.44, for a total value of $100,342.00. Following the completion of the transaction, the executive vice president owned 501,835 shares of the company’s stock, valued at $91,554,777.40. The trade was a 0.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Monday, March 2nd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was sold at an average price of $165.01, for a total transaction of $1,650,100.00.
• On Monday, February 2nd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was sold at an average price of $197.09, for a total transaction of $1,970,900.00.
• On Friday, January 2nd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was 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 transaction of $1,066,546.50.
• On Tuesday, December 16th, Christian Kleinerman sold 2,975 shares of Snowflake stock. The stock was sold at an average price of $212.45, for a total value of $632,038.75.

Snowflake Trading Up 0.6%

SNOW traded up $1.10 during midday trading on Thursday, hitting $180.53. The company’s stock had a trading volume of 1,028,652 shares, compared to its average volume of 6,330,640. Snowflake Inc. has a 52-week low of $120.10 and a 52-week high of $280.67. The firm has a 50-day moving average price of $191.27 and a two-hundred day moving average price of $221.60. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The firm has a market cap of $61.78 billion, a P/E ratio of -45.72 and a beta of 1.16.

Snowflake (NYSE:SNOW) last released its earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (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 48.50%. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same period last year, the company earned $0.30 earnings per share. The company’s quarterly revenue was up 30.1% on a year-over-year basis. On average, research analysts anticipate that Snowflake Inc. will post -2.36 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC boosted its holdings in shares of Snowflake by 33.2% during the fourth quarter. Corient Private Wealth LLC now owns 34,237 shares of the company’s stock valued at $7,529,000 after acquiring an additional 8,538 shares during the period. SHP Wealth Management purchased a new stake in Snowflake in the 4th quarter worth approximately $39,000. Reflection Asset Management acquired a new stake in Snowflake in the fourth quarter valued at approximately $106,000. MidFirst Bank bought a new position in Snowflake in the 4th quarter worth $132,000. Finally, Pacer Advisors Inc. grew its position in Snowflake by 73.9% during the fourth quarter. Pacer Advisors Inc. now owns 33,923 shares of the company’s stock worth $7,441,000 after buying an additional 14,416 shares in the last quarter. 65.10% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on SNOW shares. Citigroup dropped their price objective on Snowflake from $300.00 to $270.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Canaccord Genuity Group reduced their price target on Snowflake from $270.00 to $240.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Guggenheim restated a “neutral” rating on shares of Snowflake in a report on Wednesday, February 18th. Wells Fargo & Company cut their target price on Snowflake from $290.00 to $210.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Finally, UBS Group decreased their price target on shares of Snowflake from $265.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $248.58.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analyst upgrade — At least one firm recently upgraded Snowflake, reshaping analyst sentiment and giving near-term support to the stock. Article Title
• Positive Sentiment: Product/market momentum from AI research — Snowflake released and promoted research (with partners) showing strong enterprise AI ROI, job‑impact nuance and healthcare interoperability demand, reinforcing the company’s positioning in the AI Data Cloud market. This supports longer‑term revenue and adoption narratives. Article Title
• Positive Sentiment: Thought leadership on AI context — Opinion and industry coverage (Forbes, Crunchbase pieces) highlight Snowflake’s role around context and data infrastructure for enterprise AI, which can support investor confidence in long‑term TAM expansion. Article Title
• Neutral Sentiment: Comparative and industry coverage — Independent pieces comparing Snowflake to smaller peers and covering VC/agentic AI recalibration provide useful context but are unlikely to move the stock materially on their own. Article Title
• Neutral Sentiment: Macro/sector AI job surveys — Third‑party surveys (ZDNet/Omdia coverage) show mixed effects of AI on jobs and IT spend; these reinforce demand narratives but are background rather than immediate catalysts. Article Title
• Negative Sentiment: Multiple securities class‑action notices and lead‑plaintiff deadlines — A wave of law‑firm press releases and filings (e.g., Portnoy, SueWallSt, Bernstein Liebhard, Rosen, Levi & Korsinsky, Faruqi, Pomerantz, RGRD, Bronstein, Schall) alleges disclosure harm tied to a class period and sets an April 27, 2026 lead‑plaintiff deadline. The proliferation of notices raises litigation risk and potential future liabilities. Article Title
• Negative Sentiment: Insider selling disclosed and immediate market reaction — Recent Form 4 disclosures show director and senior executive sales (including Frank Slootman and EVP Christian Kleinerman); coverage ties these sales to downward trading pressure, and market reports note a pullback following the disclosures. Article Title

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.