Snowflake (NYSE:SNOW) EVP Christian Kleinerman Sells 2,729 Shares of Stock

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 2,729 shares of Snowflake stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $239.00, for a total value of $652,231.00. Following the transaction, the executive vice president directly owned 413,002 shares of the company’s stock, valued at $98,707,478. This trade represents a 0.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Monday, June 1st, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $272.00, for a total transaction of $2,720,000.00.
• On Thursday, May 28th, Christian Kleinerman sold 100 shares of Snowflake stock. The shares were sold at an average price of $236.77, for a total transaction of $23,677.00.
• On Thursday, May 28th, Christian Kleinerman sold 5,000 shares of Snowflake stock. The shares were sold at an average price of $236.77, for a total transaction of $1,183,850.00.
• On Monday, March 23rd, Christian Kleinerman sold 2,621 shares of Snowflake stock. The stock was sold at an average price of $170.01, for a total value of $445,596.21.
• On Tuesday, March 17th, Christian Kleinerman sold 2,986 shares of Snowflake stock. The shares were sold at an average price of $175.34, for a total value of $523,565.24.

Snowflake Price Performance

Shares of NYSE:SNOW opened at $239.64 on Thursday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.05 and a current ratio of 1.05. The business’s fifty day moving average price is $170.26 and its two-hundred day moving average price is $189.87. The stock has a market cap of $83.06 billion, a PE ratio of -68.08 and a beta of 1.35. Snowflake Inc. has a one year low of $118.30 and a one year high of $284.99.

Snowflake (NYSE:SNOW) last released its quarterly earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Snowflake had a negative return on equity of 50.50% and a negative net margin of 23.79%.The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 earnings per share. On average, analysts forecast that Snowflake Inc. will post -1.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SNOW. Cantor Fitzgerald raised their price target on shares of Snowflake from $225.00 to $282.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. KeyCorp set a $295.00 price objective on shares of Snowflake in a research note on Thursday, May 28th. Bank of America raised their target price on shares of Snowflake from $205.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Royal Bank Of Canada lifted their target price on shares of Snowflake from $220.00 to $284.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Finally, Evercore set a $200.00 price target on Snowflake in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Snowflake has a consensus rating of “Moderate Buy” and an average target price of $291.77.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Assetmark Inc. lifted its stake in shares of Snowflake by 99.1% during the fourth quarter. Assetmark Inc. now owns 198,655 shares of the company’s stock worth $43,577,000 after purchasing an additional 98,870 shares in the last quarter. Jennison Associates LLC grew its stake in shares of Snowflake by 27.7% in the fourth quarter. Jennison Associates LLC now owns 11,603,302 shares of the company’s stock valued at $2,545,300,000 after buying an additional 2,519,413 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Snowflake during the 3rd quarter valued at about $116,882,000. Swedbank AB lifted its position in Snowflake by 6.0% during the 4th quarter. Swedbank AB now owns 1,330,415 shares of the company’s stock worth $291,840,000 after acquiring an additional 75,419 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Snowflake by 3.1% during the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock worth $6,461,465,000 after acquiring an additional 857,832 shares in the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Bank of America named Snowflake one of its “Fab Five” infrastructure software stocks to watch, suggesting the company can build on its recent rally. Infrastructure Software Stocks Look Strong. Snowflake Among Analyst’s ‘Fab Five’ To Watch.
• Positive Sentiment: Barclays raised its price target on Snowflake to $285 from $272, and Truist lifted its target to $300 from $275, reinforcing the view that Wall Street sees further upside. Barclays Lifts PT on Snowflake (SNOW) – Here’s Why Truist Raises Snowflake Inc. (SNOW) Price Target to $300 from $275
• Positive Sentiment: Snowflake’s Summit-related announcements, including new AI assistant and governance/security updates, support the company’s push to position itself as more than a cloud data warehouse provider and strengthen its AI story. Snowflake debuts CoCo AI assistant for Slack Excel VS Code Snowflake expands AI governance and security with Horizon catalog updates
• Positive Sentiment: Snowflake also announced partner momentum, with MegazoneCloud winning 2026 APJ Snowflake Resale Partner of the Year, pointing to healthy ecosystem traction. MegazoneCloud Wins 2026 APJ Snowflake Resale Partner of the Year
• Neutral Sentiment: Some market commentary says Snowflake has had a big run recently and asks whether the stock is still a buy at current levels, which may temper enthusiasm even as the long-term narrative stays constructive. Is It Too Late To Consider Snowflake (SNOW) After Recent Share Price Volatility?
• Neutral Sentiment: Snowflake’s recent investor-day and conference headlines have also kept the stock in focus, but the details mostly reinforce the same themes of AI expansion, governance, and platform broadening rather than a single major new catalyst. Snowflake stock gets a bold AI call from Wall Street

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.