Snowflake (NYSE:SNOW) CRO Sells $4,131,587.04 in Stock

Snowflake Inc. (NYSE:SNOW) CRO Jonathan Beaulier sold 12,292 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $336.12, for a total transaction of $4,131,587.04. Following the transaction, the executive owned 213,085 shares in the company, valued at $71,622,130.20. This represents a 5.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jonathan Mead Beaulier also recently made the following trade(s):

• On Monday, June 22nd, Jonathan Beaulier sold 9,367 shares of Snowflake stock. The stock was sold at an average price of $231.98, for a total transaction of $2,172,956.66.

Snowflake Stock Performance

Shares of SNOW opened at $331.85 on Friday. The company has a 50-day simple moving average of $311.99 and a two-hundred day simple moving average of $231.51. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market capitalization of $117.08 billion, a PE ratio of -104.35 and a beta of 1.33. Snowflake Inc. has a one year low of $118.30 and a one year high of $384.56.

Snowflake (NYSE:SNOW) last posted its earnings results on Wednesday, September 2nd. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.17. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%.The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the business earned $0.35 EPS. The business’s revenue for the quarter was up 35.1% on a year-over-year basis. On average, analysts anticipate that Snowflake Inc. will post -1.57 EPS for the current fiscal year.

Hedge Funds Weigh In On Snowflake

Several institutional investors and hedge funds have recently modified their holdings of the stock. Nuveen LLC raised its holdings in Snowflake by 2.3% in the fourth quarter. Nuveen LLC now owns 5,277,851 shares of the company’s stock worth $1,157,749,000 after buying an additional 116,521 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Snowflake by 5.5% during the fourth quarter. Geode Capital Management LLC now owns 4,809,689 shares of the company’s stock valued at $1,052,195,000 after buying an additional 249,668 shares during the last quarter. Norges Bank bought a new stake in shares of Snowflake during the fourth quarter valued at approximately $974,091,000. Janus Henderson Group PLC increased its position in shares of Snowflake by 22.2% during 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 in the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in Snowflake by 44.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,600,571 shares of the company’s stock worth $392,259,000 after acquiring an additional 803,110 shares during the last quarter. 65.10% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SNOW. Citigroup increased their price objective on Snowflake from $395.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. Weiss Ratings restated a “sell (e+)” rating on shares of Snowflake in a report on Tuesday, September 8th. UBS Group upped their target price on shares of Snowflake from $425.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Rosenblatt Securities increased their price target on shares of Snowflake from $285.00 to $345.00 and gave the stock a “buy” rating in a research note on Tuesday, September 1st. Finally, Scotiabank reissued a “sector outperform” rating and set a $440.00 price target (up from $320.00) on shares of Snowflake in a research report on Thursday, September 3rd. Thirty-four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $414.24.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analysts are raising earnings expectations for Snowflake, a trend that typically supports stock momentum. The average Wall Street price target implies roughly 28.7% upside, although target prices are not guarantees. Surging Earnings Estimates Signal Upside for Snowflake Stock
• Positive Sentiment: Product revenue reportedly increased 37% in fiscal second quarter, driven by AI adoption, greater platform consumption and enterprise expansion. The acceleration strengthens Snowflake’s competitive position against larger technology providers. Snowflake Product Revenue Accelerates
• Positive Sentiment: Snowflake’s chief executive said the platform is evolving from data storage into a source of business insights, while Daasity launched an MCP AI server that turns Snowflake data into governed business intelligence. These developments provide additional evidence of commercial AI use cases. Snowflake CEO on Business Insights
• Neutral Sentiment: Snowflake has attracted substantial online and investor attention. That may increase trading interest, but attention alone does not change the company’s fundamentals. Snowflake Attracting Investor Attention
• Negative Sentiment: Snowflake reduced its fiscal 2027 non-GAAP product gross-margin guidance to 74%, citing a growing mix of lower-margin AI workloads. If AI usage expands faster than pricing or efficiency improves, revenue growth could continue to pressure profitability. What Happens if AI Keeps Costing Snowflake Margin
• Negative Sentiment: Several executives and directors sold shares under pre-arranged plans, primarily to cover tax withholding on vested equity. Although these sales are not necessarily bearish, multiple insider transactions can weigh on sentiment after a substantial rally. Snowflake Insider Selling
• Negative Sentiment: Commentary warns that Snowflake’s valuation already reflects significant AI success while the company remains unprofitable. Any slowdown in growth or further margin deterioration could trigger a sharper pullback. Snowflake Valuation and AI Growth Risks

Snowflake Company Profile

Snowflake Inc (NYSE: SNOW) is a cloud-based data platform company that helps organizations store, process, analyze and share data. Its platform is designed to support data warehousing, data lakes, data engineering, data science, application development and business intelligence across public cloud environments.

Snowflake’s Data Cloud enables customers to consolidate and access structured, semi-structured and unstructured data while supporting secure data sharing and collaboration. Its offerings include Snowflake Cortex, which provides artificial intelligence and machine-learning capabilities, as well as tools for developing data applications and using data from Snowflake’s marketplace and partner ecosystem.

Founded in 2012, Snowflake serves businesses, government organizations and other institutions globally through cloud infrastructure provided by major public-cloud platforms.