Snowflake (NYSE:SNOW) CAO Sells $239,731.36 in Stock

Snowflake Inc. (NYSE:SNOW) CAO Emily Ho sold 1,072 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $223.63, for a total value of $239,731.36. Following the completion of the sale, the chief accounting officer directly owned 43,809 shares of the company’s stock, valued at approximately $9,797,006.67. This trade represents a 2.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Emily Ho also recently made the following trade(s):

• On Thursday, December 18th, Emily Ho sold 586 shares of Snowflake stock. The stock was sold at an average price of $222.91, for a total value of $130,625.26.
• On Wednesday, September 24th, Emily Ho sold 1,658 shares of Snowflake stock. The shares were sold at an average price of $225.25, for a total transaction of $373,464.50.

Snowflake Stock Down 0.8%

Shares of SNOW stock traded down $1.72 on Tuesday, hitting $225.12. 3,980,907 shares of the stock were exchanged, compared to its average volume of 5,236,334. The business has a 50-day moving average of $247.32 and a 200 day moving average of $228.04. Snowflake Inc. has a fifty-two week low of $120.10 and a fifty-two week high of $280.67. The firm has a market capitalization of $77.04 billion, a P/E ratio of -55.72 and a beta of 1.09. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07.

Snowflake (NYSE:SNOW) last issued 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 for the quarter, compared to analyst estimates of $1.18 billion. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The company’s revenue was up 28.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 EPS. Equities analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Snowflake in a report on Wednesday, October 8th. Scotiabank reissued an “outperform” rating on shares of Snowflake in a report on Thursday, December 4th. Monness Crespi & Hardt raised their price objective on Snowflake from $260.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Guggenheim reissued a “neutral” rating on shares of Snowflake in a report on Wednesday, November 26th. Finally, Oppenheimer restated an “outperform” rating on shares of Snowflake in a research report on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $275.32.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: AI momentum: Zacks reports Snowflake has hit an early ~$100M AI run‑rate, with AI-related work accounting for roughly half of bookings — a clear revenue/usage tailwind if adoption continues. Snowflake Rides on Strong AI Demand
• Positive Sentiment: Commercial partnerships: Accenture signed a strategic tie‑up to push AI + data transformation on Snowflake’s platform, which could boost enterprise adoption and usage‑based revenue. Accenture and Snowflake drive enterprise reinvention with AI and data
• Positive Sentiment: Bullish research/valuation views: Long‑form bullish pieces highlight a large addressable market, high net retention and usage‑based upside; several brokers have reiterated Buy/Outperform ratings and raised targets, supporting medium‑term upside. MarketBeat analyst coverage roundup
• Neutral Sentiment: Price pattern: Forecast pieces note a recent monthly pullback (several % down over last 30/60 days) even though the stock is substantially up year‑to‑date from its April low — indicating mixed momentum. Snowflake Price Prediction and Forecast
• Negative Sentiment: Large insider sale by director: Frank Slootman sold 200,000 shares (~$44.4M at ~$221.83), trimming his stake by ~80% — a sizable, public insider exit that often pressures near‑term sentiment even if done for diversification or tax/liquidity reasons. SEC filing: Slootman Form 4
• Negative Sentiment: Smaller CAO sale: Chief Accounting Officer Emily Ho sold 586 shares (minor in size but contributes to the same‑day insider selling narrative). SEC filing: Ho Form 4

Institutional Investors Weigh In On Snowflake

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in Snowflake during the 2nd quarter valued at about $6,845,000. Kingstone Capital Partners Texas LLC purchased a new position in Snowflake in the second quarter worth about $3,900,134,000. Bank of Hawaii bought a new position in shares of Snowflake in the first quarter worth approximately $1,019,000. Goldstream Capital Management Ltd purchased a new stake in shares of Snowflake during the second quarter valued at approximately $3,801,000. Finally, Newbridge Financial Services Group Inc. grew its holdings in shares of Snowflake by 81.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 20,141 shares of the company’s stock valued at $4,507,000 after buying an additional 9,052 shares during the last quarter. Hedge funds and other institutional investors own 65.10% of the company’s stock.

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.