Snowflake Inc. (NYSE:SNOW – Get Free Report) EVP Christian Kleinerman sold 1,500 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $156.38, for a total value of $234,570.00. Following the sale, the executive vice president now owns 774,097 shares in the company, valued at approximately $121,053,288.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Christian Kleinerman also recently made the following trade(s):
- On Monday, March 18th, Christian Kleinerman sold 12,636 shares of Snowflake stock. The shares were sold at an average price of $157.32, for a total value of $1,987,895.52.
- On Thursday, March 14th, Christian Kleinerman sold 1,500 shares of Snowflake stock. The shares were sold at an average price of $161.94, for a total value of $242,910.00.
- On Wednesday, February 14th, Christian Kleinerman sold 1,500 shares of Snowflake stock. The shares were sold at an average price of $230.00, for a total value of $345,000.00.
- On Friday, February 9th, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $230.00, for a total value of $2,300,000.00.
- On Monday, February 5th, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $220.00, for a total value of $2,200,000.00.
- On Wednesday, January 24th, Christian Kleinerman sold 10,000 shares of Snowflake stock. The shares were sold at an average price of $210.00, for a total value of $2,100,000.00.
Snowflake Price Performance
NYSE SNOW opened at $145.45 on Friday. The business’s fifty day moving average price is $177.80 and its 200-day moving average price is $179.00. Snowflake Inc. has a 1-year low of $135.26 and a 1-year high of $237.72.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. JMP Securities boosted their target price on Snowflake from $212.00 to $235.00 and gave the company a “market outperform” rating in a research note on Thursday, February 29th. Barclays lowered their target price on Snowflake from $198.00 to $188.00 and set an “equal weight” rating for the company in a research note on Friday, March 1st. Macquarie upgraded Snowflake from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $182.00 to $205.00 in a report on Thursday, February 29th. Evercore ISI reduced their price target on Snowflake from $250.00 to $225.00 and set an “outperform” rating on the stock in a report on Thursday, February 29th. Finally, Mizuho reiterated a “buy” rating and set a $205.00 target price (down previously from $255.00) on shares of Snowflake in a report on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $202.00.
Check Out Our Latest Research Report on SNOW
Hedge Funds Weigh In On Snowflake
Several hedge funds and other institutional investors have recently modified their holdings of SNOW. Accent Capital Management LLC bought a new position in shares of Snowflake during the 4th quarter valued at $25,000. Mango Five Family Inc. purchased a new stake in shares of Snowflake in the 4th quarter worth $26,000. Ulland Investment Advisors LLC increased its stake in shares of Snowflake by 270.0% in the 3rd quarter. Ulland Investment Advisors LLC now owns 185 shares of the company’s stock worth $28,000 after purchasing an additional 135 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in shares of Snowflake by 333.3% in the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 130 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares in the last quarter. Finally, Provence Wealth Management Group purchased a new stake in shares of Snowflake in the 3rd quarter worth $30,000. 65.10% of the stock is owned by institutional investors.
About Snowflake
Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.
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