Christian Kleinerman Sells 550 Shares of Snowflake (NYSE:SNOW) Stock

Snowflake Inc. (NYSE:SNOW) EVP Christian Kleinerman sold 550 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $182.44, for a total value of $100,342.00. Following the sale, the executive vice president owned 501,835 shares of the company’s stock, valued at approximately $91,554,777.40. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

• On Monday, March 2nd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $165.01, for a total transaction of $1,650,100.00.
• On Monday, February 2nd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The stock was sold at an average price of $197.09, for a total transaction of $1,970,900.00.
• On Friday, January 2nd, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $219.90, for a total transaction 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 transaction of $632,038.75.

Snowflake Stock Performance

Shares of NYSE:SNOW opened at $177.39 on Friday. Snowflake Inc. has a 12 month low of $120.10 and a 12 month high of $280.67. The company has a 50-day moving average price of $190.43 and a 200-day moving average price of $221.30. 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 company has a market cap of $60.70 billion, a price-to-earnings ratio of -44.91 and a beta of 1.16.

Snowflake (NYSE:SNOW) last posted its earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter last year, the firm earned $0.30 earnings per share. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. As a group, equities analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current year.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Product and guidance beat — Snowflake reported rising product revenues (Q4 product revs noted at ~$1.22B) and the company expects ~27% YoY revenue growth for Q1 FY27, supporting the growth narrative. SNOW’s Robust Portfolio Fuels Revenue Growth
• Positive Sentiment: Analyst support and AI positioning — At least one recent analyst upgrade and continued coverage on Snowflake’s role in enterprise AI/context reinforce upside potential. Snowflake Gets Upgrade
• Positive Sentiment: Market opportunity — New studies and thought leadership (global GenAI adoption, enterprise AI ROI) bolster the TAM story and customer adoption evidence. India emerges as global leader in GenAI adoption
• Neutral Sentiment: Valuation debate — Analysts note strong growth but some see the current valuation as fair/discounting risk — useful context for positioning but not an immediate catalyst. Snowflake: Strong Growth, But Valuation Appears Fair
• Neutral Sentiment: Sector/industry coverage — Surveys and comparative pieces (AI job surveys, VC recalibration) reinforce demand trends; these are background drivers rather than immediate stock movers. Is AI stealing our jobs?
• Negative Sentiment: Legal risk intensifies — Multiple law firms have issued class‑action notices and reminders (lead‑plaintiff deadlines around April 27, 2026), increasing litigation overhang and potential future liability. Portnoy Law Firm Announces Class Action
• Negative Sentiment: Insider sales and market reaction — Recent Form 4 disclosures show material director and executive stock sales (including Frank Slootman and EVP Christian Kleinerman); coverage links these sales to short‑term downward pressure. Insider Selling: Director Sells $8.8M

Analysts Set New Price Targets

SNOW has been the subject of a number of research reports. Argus raised Snowflake from a “hold” rating to a “buy” rating and set a $300.00 price target for the company in a research report on Thursday, January 8th. Bank of America upped their price objective on Snowflake from $280.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. TD Cowen reduced their target price on shares of Snowflake from $270.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. BTIG Research decreased their price target on shares of Snowflake from $312.00 to $235.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Finally, Monness Crespi & Hardt lifted their price target on shares of Snowflake from $275.00 to $282.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $248.58.

Institutional Trading of Snowflake

A number of institutional investors and hedge funds have recently modified their holdings of SNOW. World Investment Advisors boosted its position in Snowflake by 45.6% in the fourth quarter. World Investment Advisors now owns 5,280 shares of the company’s stock valued at $1,158,000 after buying an additional 1,653 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in shares of Snowflake during the fourth quarter valued at $77,000. Corient Private Wealth LLC increased its stake in Snowflake by 33.2% in the fourth quarter. Corient Private Wealth LLC now owns 34,237 shares of the company’s stock valued at $7,529,000 after purchasing an additional 8,538 shares in the last quarter. SHP Wealth Management acquired a new stake in Snowflake during the fourth quarter worth approximately $39,000. Finally, Reflection Asset Management bought a new stake in shares of Snowflake in the 4th quarter worth approximately $106,000. 65.10% of the stock is owned by institutional investors and hedge funds.

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.