Snowflake (NYSE:SNOW) CRO Sells 9,367 Shares of Stock

Snowflake Inc. (NYSE:SNOW) CRO Jonathan Mead Beaulier sold 9,367 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $231.98, for a total value of $2,172,956.66. Following the completion of the transaction, the executive owned 234,791 shares of the company’s stock, valued at $54,466,816.18. This represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Snowflake Trading Down 2.1%

Shares of SNOW stock traded down $4.79 during mid-day trading on Wednesday, reaching $225.62. 4,314,814 shares of the stock traded hands, compared to its average volume of 10,373,950. The company has a market cap of $78.20 billion, a price-to-earnings ratio of -64.10 and a beta of 1.35. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.18. The stock’s fifty day simple moving average is $188.07 and its two-hundred day simple moving average is $188.79. Snowflake Inc. has a 1-year low of $118.30 and a 1-year high of $284.99.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.07. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. Snowflake had a negative return on equity of 50.50% and a negative net margin of 23.79%.The firm’s revenue was up 33.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.24 earnings per share. On average, research analysts anticipate that Snowflake Inc. will post -1.87 EPS for the current fiscal year.

Institutional Trading of Snowflake

A number of institutional investors have recently bought and sold shares of SNOW. Brighton Jones LLC raised its position in shares of Snowflake by 90.0% in the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock worth $9,556,000 after acquiring an additional 29,320 shares in the last quarter. Intech Investment Management LLC boosted its position in shares of Snowflake by 24.0% during the 1st quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock valued at $1,637,000 after purchasing an additional 2,167 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Snowflake by 29.7% during the first quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after purchasing an additional 73 shares during the period. Flow Traders U.S. LLC acquired a new stake in Snowflake during the second quarter worth approximately $221,000. Finally, The Manufacturers Life Insurance Company increased its holdings in Snowflake by 7.2% in the second quarter. The Manufacturers Life Insurance Company now owns 22,603 shares of the company’s stock worth $5,055,000 after purchasing an additional 1,521 shares in the last quarter. Institutional investors own 65.10% of the company’s stock.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analysts remain constructive on Snowflake, with multiple firms raising price targets and maintaining Buy ratings, reflecting confidence that AI-related demand and customer feedback from Snowflake Summit 2026 support the growth story.
• Positive Sentiment: Snowflake’s expanding partner ecosystem is reinforcing its role in enterprise AI and marketing data workflows, with Marketplacer, Denodo, GrowthLoop, and other partners highlighted in recent “One to Watch” and integration announcements.
• Positive Sentiment: Recent articles suggest Snowflake’s AI data cloud narrative is still attracting buyers after a strong rebound, with some market commentators arguing the stock may be becoming more attractive on valuation after its recent run-up. Snowflake (SNOW) Stock After 32% Monthly Jump Is The Valuation Starting To Appeal
• Neutral Sentiment: A new market note asks whether Snowflake can reach $300 this year, but concludes the move is possible longer term rather than in the next 12 months, making it more of a sentiment piece than a direct fundamental update. Will Snowflake Reach $300 This Year?
• Negative Sentiment: Director Frank Slootman sold 200,000 shares in a pre-arranged 10b5-1 transaction, extending a recent pattern of insider selling that may weigh on investor sentiment even though the sale was planned. Insider Selling: Snowflake (NYSE:SNOW) Director Sells $44,854,000.00 in Stock

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Bank of America raised their price target on shares of Snowflake from $205.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. KeyCorp set a $295.00 price objective on shares of Snowflake in a research note on Thursday, May 28th. Citizens Jmp restated a “market outperform” rating and issued a $325.00 price objective on shares of Snowflake in a report on Tuesday, May 19th. Rosenblatt Securities raised their target price on Snowflake from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, UBS Group reaffirmed a “buy” rating on shares of Snowflake in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Snowflake currently has an average rating of “Moderate Buy” and an average target price of $293.53.

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.