Snowflake (NYSE:SNOW) Stock Price Down 4.8% Following Insider Selling

Snowflake Inc. (NYSE:SNOW)’s share price dropped 4.8% during trading on Wednesday following insider selling activity. The company traded as low as $159.52 and last traded at $165.00. Approximately 17,256,386 shares were traded during mid-day trading, an increase of 216% from the average daily volume of 5,464,803 shares. The stock had previously closed at $173.24.

Specifically, EVP Christian Kleinerman sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Snowflake in a report on Thursday, December 4th. Stifel Nicolaus boosted their target price on shares of Snowflake from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Snowflake from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, December 4th. UBS Group reiterated a “buy” rating on shares of Snowflake in a report on Thursday, December 4th. Finally, The Goldman Sachs Group set a $286.00 price objective on shares of Snowflake in a research note on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $275.58.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake struck a multi‑year, $200 million partnership with OpenAI to run advanced OpenAI models (e.g., GPT-5.2) natively on Snowflake’s platform — a move that can drive higher usage/compute revenue if customers adopt it. Read More.
• Positive Sentiment: New product rollouts from Snowflake Build — Cortex Code (AI coding agent), Semantic View Autopilot and Snowflake Postgres — expand enterprise AI use cases and reduce integration friction that tends to increase consumption. Read More.
• Positive Sentiment: Customer proof point: United Rentals has deployed a Snowflake-built BI AI agent across 1,600+ branches — an example of real-world adoption that can translate to measurable consumption. Read More.
• Positive Sentiment: Wall Street still shows pockets of bullishness and above‑average price targets, supporting the longer‑term case if management converts partnerships into higher, durable consumption. Read More.
• Neutral Sentiment: Market coverage is balanced: analysts and commentators note strategic logic (data‑gravity moat) but emphasize the market will wait for evidence — i.e., guidance and measurable consumption uplift — rather than announcements. Read More.
• Negative Sentiment: Insider selling: EVP Christian Kleinerman sold 10,000 shares earlier this week; while not uncommon, insider sales can add short‑term pressure and fuel stop‑loss activity. Read More.
• Negative Sentiment: Legal risk: plaintiff‑law firm Johnson Fistel announced an investigation into potential securities‑law issues involving Snowflake — this increases uncertainty and can weigh on the stock until resolved. Read More.
• Negative Sentiment: Market reaction/volatility: SNOW is falling more than peers as traders factor in near‑term margin and cloud‑spend risks from hosting large AI workloads despite the strategic upside. Read More.

Snowflake Stock Down 4.8%

The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $56.46 billion, a PE ratio of -40.84 and a beta of 1.14. The firm has a 50-day moving average of $220.75 and a two-hundred day moving average of $227.67.

Snowflake (NYSE:SNOW) last posted 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 firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.18 billion. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The firm’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 earnings per share. On average, equities research analysts forecast that Snowflake Inc. will post -2.36 EPS for the current year.

Institutional Trading of Snowflake

A number of institutional investors and hedge funds have recently bought and sold shares of SNOW. Trust Co. of Toledo NA OH purchased a new stake in Snowflake during the second quarter worth approximately $25,000. Grey Fox Wealth Advisors LLC purchased a new stake in Snowflake during the 3rd quarter worth $25,000. Avion Wealth increased its holdings in Snowflake by 76.6% in the 2nd quarter. Avion Wealth now owns 113 shares of the company’s stock valued at $25,000 after purchasing an additional 49 shares in the last quarter. Tripletail Wealth Management LLC purchased a new position in Snowflake in the third quarter valued at about $28,000. Finally, Rossby Financial LCC lifted its stake in shares of Snowflake by 4,233.3% during the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock worth $29,000 after purchasing an additional 127 shares in the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

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.