Snowflake (NYSE:SNOW) CRO Jonathan Mead Beaulier Sells 9,367 Shares

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

Snowflake Stock Down 2.1%

SNOW opened at $225.62 on Thursday. Snowflake Inc. has a 1 year low of $118.30 and a 1 year high of $284.99. The firm has a 50 day moving average price of $188.07 and a 200 day moving average price of $188.79. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $78.20 billion, a PE ratio of -64.10 and a beta of 1.35.

Snowflake (NYSE:SNOW) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the company posted $0.24 earnings per share. Snowflake’s revenue was up 33.5% compared to the same quarter last year. Sell-side analysts expect that Snowflake Inc. will post -1.87 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Monness Crespi & Hardt increased their price target on Snowflake from $282.00 to $320.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Royal Bank Of Canada upped their target price on Snowflake from $220.00 to $284.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Piper Sandler increased their target price on Snowflake from $295.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Needham & Company LLC raised their target price on Snowflake from $300.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Citigroup raised their target price on Snowflake from $260.00 to $320.00 and gave the company a “buy” rating in a report on Friday, May 29th. One 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $293.53.

Key Stories 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

Hedge Funds Weigh In On Snowflake

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Basecamp Wealth Advisors LLC increased 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 worth $30,000 after acquiring an additional 118 shares during the last quarter. Pacer Advisors Inc. grew its stake in Snowflake by 28.5% during the 1st quarter. Pacer Advisors Inc. now owns 43,607 shares of the company’s stock valued at $6,577,000 after purchasing an additional 9,684 shares in the last quarter. Wealth High Governance Capital Ltda purchased a new stake in Snowflake during the 1st quarter worth approximately $2,112,000. Wealth High Governance Asset Management Ltda. purchased a new stake in Snowflake during the 1st quarter worth approximately $1,808,000. Finally, Rathbones Group PLC raised its position in shares of Snowflake by 255.8% in the 1st quarter. Rathbones Group PLC now owns 25,932 shares of the company’s stock valued at $3,911,000 after purchasing an additional 18,643 shares in the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

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.