Snowflake (NYSE:SNOW) EVP Christian Kleinerman Sells 2,730 Shares of Stock

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 2,730 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $335.72, for a total transaction of $916,515.60. Following the completion of the transaction, the executive vice president directly owned 319,887 shares in the company, valued at approximately $107,392,463.64. The trade was a 0.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 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 stock was 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 stock was 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 shares were sold at an average price of $325.00, for a total value of $8,125,000.00.
• On Monday, August 3rd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $297.00, for a total value of $2,970,000.00.
• On Friday, July 31st, Christian Kleinerman sold 9,986 shares of Snowflake stock. The stock was sold at an average price of $300.00, for a total value of $2,995,800.00.
• On Friday, July 31st, Christian Kleinerman sold 20,000 shares of Snowflake stock. The stock was sold at an average price of $300.00, for a total transaction of $6,000,000.00.
• On Wednesday, July 1st, Christian Kleinerman sold 2,500 shares of Snowflake stock. The shares were sold at an average price of $258.56, for a total transaction of $646,400.00.
• On Tuesday, June 23rd, Christian Kleinerman sold 2,621 shares of Snowflake stock. The shares were sold at an average price of $228.45, for a total transaction of $598,767.45.
• On Tuesday, June 16th, Christian Kleinerman sold 2,986 shares of Snowflake stock. The shares were sold at an average price of $240.00, for a total transaction of $716,640.00.

Snowflake Price Performance

SNOW stock opened at $329.00 on Friday. The firm has a 50 day simple moving average of $303.83 and a two-hundred day simple moving average of $225.02. The stock has a market cap of $114.03 billion, a PE ratio of -103.46 and a beta of 1.33. Snowflake Inc. has a one year low of $118.30 and a one year high of $384.56. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.94 and a quick ratio of 1.05.

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. Snowflake had a negative net margin of 20.07% and a negative return on equity of 46.32%. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter last year, the company posted $0.35 EPS. The business’s quarterly revenue was up 35.1% on a year-over-year basis. On average, analysts predict that Snowflake Inc. will post -1.62 EPS for the current fiscal year.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: AI is accelerating growth: Snowflake’s Q2 fiscal 2027 results showed 37% year-over-year product-revenue growth, stronger-than-expected adjusted earnings and revenue, and continued momentum in AI-related workloads. Management said customers are expanding data consumption as they adopt Snowflake’s Cortex AI and other services. Snowflake Q2 2027 Earnings Call Transcript
• Positive Sentiment: Customer case study reinforces product demand: Indian technology and commerce company Swiggy said Snowflake helped make its data workloads 96% faster. The companies are expanding their partnership across food delivery, quick commerce and dining, providing evidence of enterprise value and potential for broader usage. Swiggy Credits Snowflake for Making Data Workloads 96% Faster
• Positive Sentiment: Management remains confident: At Citi’s Global TMT Conference, Snowflake executives discussed AI adoption, customer consumption and the opportunity to build an expanding data-and-AI platform. The commentary supports the view that AI could create a recurring “flywheel” of higher workloads and revenue. Snowflake Citi 2026 Global TMT Conference Transcript
• Neutral Sentiment: Exchange-traded funds are being highlighted as a way to gain exposure to Snowflake’s post-earnings AI momentum while reducing single-stock risk. The coverage may broaden investor interest, but it does not represent new company-specific financial information. Should You Tap Snowflake’s Post-Earnings Rally Via ETFs?
• Negative Sentiment: Valuation leaves little room for disappointment: Analysts note that the stock has already priced in substantial AI success and sustained growth. Any slowdown in consumption, monetization or margins could trigger further profit-taking. Snowflake: The AI Story Is Real, But The Stock Has Priced In A Perfect Execution
• Negative Sentiment: Large director sales may weigh on sentiment: Director Mark Garrett sold 50,000 shares for $17.5 million, while Michael Speiser sold roughly 50,741 shares for about $18 million. Speiser’s transactions were made under a pre-arranged Rule 10b5-1 plan, reducing their usefulness as a bearish signal, but the size of the sales could still encourage near-term profit-taking. Snowflake Insider Selling Alert

Hedge Funds Weigh In On Snowflake

Several hedge funds and other institutional investors have recently modified their holdings of SNOW. Brighton Jones LLC increased its holdings in Snowflake by 90.0% during the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock valued at $9,556,000 after purchasing an additional 29,320 shares during the period. Intech Investment Management LLC lifted its holdings in Snowflake by 24.0% in the 1st quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock worth $1,637,000 after buying an additional 2,167 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Snowflake by 29.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after buying an additional 73 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Snowflake in the 2nd quarter worth approximately $221,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of Snowflake by 7.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,603 shares of the company’s stock worth $5,055,000 after buying an additional 1,521 shares during the last quarter. 65.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

SNOW has been the subject of a number of research reports. Citigroup upped their price objective on shares of Snowflake from $395.00 to $490.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Citizens Jmp boosted their price target on shares of Snowflake from $408.00 to $488.00 and gave the stock a “market outperform” rating in a research note on Thursday, September 3rd. Robert W. Baird set a $450.00 price target on shares of Snowflake in a research note on Thursday, September 3rd. Wells Fargo & Company upped their price target on shares of Snowflake from $500.00 to $525.00 and gave the company an “overweight” rating in a research report on Thursday, September 3rd. Finally, UBS Group raised their price objective on Snowflake from $425.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Thirty-four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $414.24.

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.