Emily Ho Sells 1,860 Shares of Snowflake (NYSE:SNOW) Stock

Snowflake Inc. (NYSE:SNOW) CAO Emily Ho sold 1,860 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $232.25, for a total transaction of $431,985.00. Following the transaction, the chief accounting officer owned 41,283 shares in the company, valued at $9,587,976.75. The trade was a 4.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Snowflake Stock Up 9.4%

NYSE SNOW traded up $21.23 on Friday, hitting $248.29. 25,587,162 shares of the company were exchanged, compared to its average volume of 7,524,260. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.18. The company has a market cap of $86.06 billion, a PE ratio of -70.54 and a beta of 1.35. The stock has a fifty day moving average of $189.91 and a 200-day moving average of $188.77. Snowflake Inc. has a 12 month low of $118.30 and a 12 month high of $284.99.

Snowflake (NYSE:SNOW) last posted its quarterly earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.07. Snowflake had a negative net margin of 23.79% and a negative return on equity of 50.50%. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the firm posted $0.24 earnings per share. The business’s revenue was up 33.5% compared to the same quarter last year. As a group, analysts forecast that Snowflake Inc. will post -1.89 earnings per share for the current year.

Hedge Funds Weigh In On Snowflake

A number of hedge funds have recently added to or reduced their stakes in the stock. Kemnay Advisory Services Inc. purchased a new stake in shares of Snowflake in the fourth quarter worth approximately $28,000. Greenline Wealth Management LLC bought a new position in shares of Snowflake in the fourth quarter valued at approximately $29,000. GoalVest Advisory LLC boosted its position in shares of Snowflake by 221.4% during the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after buying an additional 93 shares during the last quarter. Basecamp Wealth Advisors LLC boosted its position in shares of Snowflake by 140.5% during the first quarter. Basecamp Wealth Advisors LLC now owns 202 shares of the company’s stock valued at $30,000 after buying an additional 118 shares during the last quarter. Finally, Physician Wealth Advisors Inc. grew its holdings in Snowflake by 56.0% during the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock worth $31,000 after buying an additional 51 shares in the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

Analyst Ratings Changes

SNOW has been the topic of a number of research reports. Royal Bank Of Canada upped their price target on Snowflake from $220.00 to $284.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Morgan Stanley raised their price objective on Snowflake from $245.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. KeyCorp set a $295.00 price objective on Snowflake in a report on Thursday, May 28th. DA Davidson upped their target price on Snowflake from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, The Goldman Sachs Group increased their target price on Snowflake from $216.00 to $278.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $293.53.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analysts remain constructive on Snowflake, with several firms reiterating Buy/Overweight ratings and raising price targets, reinforcing confidence in its growth outlook and AI-related demand.
• Positive Sentiment: Investor interest is rising around Snowflake’s long-term AI opportunity and its scale in cloud data management, with recent coverage citing strong free cash flow and broad enterprise relevance. GitLab vs. Snowflake: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: Snowflake is attracting more attention from traders and retail investors, which can support momentum when combined with strong fundamentals.
• Neutral Sentiment: Recent articles questioning whether SNOW can rebound or reach higher levels are mostly sentiment-driven and do not indicate a new fundamental catalyst.
• Negative Sentiment: Multiple insider sales, including recent transactions by executives, may weigh on sentiment even though the trades were reportedly made under pre-arranged plans for tax withholding purposes.

About Snowflake

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.