Snowflake (NYSE:SNOW) EVP Christian Kleinerman Sells 10,000 Shares

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 10,000 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $197.09, for a total value of $1,970,900.00. Following the sale, the executive vice president owned 461,351 shares of the company’s stock, valued at approximately $90,927,668.59. This represents a 2.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• 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 shares were sold at an average price of $224.30, for a total value 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.
• On Tuesday, December 9th, Christian Kleinerman sold 548 shares of Snowflake stock. The stock was sold at an average price of $223.31, for a total value of $122,373.88.
• On Monday, December 1st, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $249.53, for a total transaction of $2,495,300.00.

Snowflake Stock Performance

Shares of Snowflake stock opened at $172.36 on Wednesday. The company has a 50 day moving average price of $220.75 and a 200 day moving average price of $227.67. The firm has a market capitalization of $58.98 billion, a P/E ratio of -42.66 and a beta of 1.14. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake Inc. has a 52 week low of $120.10 and a 52 week high of $280.67.

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 analysts’ consensus estimates of $0.31 by $0.04. The business 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%. Snowflake’s revenue for the quarter was up 28.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.20 EPS. Sell-side analysts expect that Snowflake Inc. will post -2.36 EPS for the current year.

Institutional Investors Weigh In On Snowflake

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Snowflake by 90.0% during the fourth quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock worth $9,556,000 after buying an additional 29,320 shares in the last quarter. Intech Investment Management LLC raised its position in shares of Snowflake by 24.0% in the first quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock worth $1,637,000 after acquiring an additional 2,167 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Snowflake by 29.7% in the first quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after acquiring an additional 73 shares during the period. Hilltop National Bank purchased a new stake in shares of Snowflake during the 2nd quarter worth about $53,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Snowflake during the 2nd quarter valued at about $224,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake struck a multi‑year, $200M partnership with OpenAI to bring advanced models (e.g., GPT-5.2) directly into Snowflake’s platform — this can drive higher consumption-based revenue if customers run models on Snowflake data. Snowflake partners with OpenAI in $200 million AI deal
• Positive Sentiment: New product launches — including Cortex Code (an AI coding agent), Snowflake Postgres integrations, and Semantic View Autopilot — expand use cases and lower friction for enterprise AI, supporting higher future compute consumption. Snowflake Unveils Cortex Code — Business Wire
• Positive Sentiment: Sell‑side support remains — Bank of America and other analysts have reiterated buy ratings and optimistic long‑term targets, suggesting Wall Street still sees valuation upside if consumption/gross‑margin trends hold. Bank of America Securities Reiterates a Buy on Snowflake Inc. (SNOW)
• Neutral Sentiment: Market commentary is mixed — in‑depth pieces note the strategic logic of the OpenAI/Anthropic partnerships (data‑gravity moat) but warn that the market wants evidence of profitable consumption growth, not just press releases. Snowflake’s $200M Bet: Can The OpenAI Deal Fix The Slump?
• Negative Sentiment: An executive (EVP Christian Kleinerman) sold 10,000 shares; insider sales can add selling pressure and raise short‑term concern even if not unusually large. SEC Form 4 — Kleinerman Sale
• Negative Sentiment: Legal risk flagged — Johnson Fistel launched an investigation into whether Snowflake or its officers complied with securities laws, which can increase uncertainty and pressure on the stock. Johnson Fistel Investigation Notice
• Negative Sentiment: Shares are falling more than the market amid profit‑taking and AI skepticism; reports note a larger intraday drop versus peers as traders weigh near‑term margin/cost concerns from running large AI models. Snowflake Registers a Bigger Fall Than the Market — Zacks

Analyst Ratings Changes

A number of brokerages have commented on SNOW. Wells Fargo & Company lifted their price target on Snowflake from $275.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Raymond James Financial reaffirmed an “outperform” rating on shares of Snowflake in a report on Monday. Canaccord Genuity Group upped their target price on Snowflake from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Stifel Nicolaus increased their price target on shares of Snowflake from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Finally, Bank of America raised their price target on shares of Snowflake from $280.00 to $310.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Snowflake currently has a consensus rating of “Moderate Buy” and a consensus price target of $275.58.

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.