Snowflake Inc. (NYSE:SNOW – Get Free Report) EVP Christian Kleinerman sold 1,500 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $156.38, for a total transaction of $234,570.00. Following the completion of the sale, the executive vice president now directly owns 774,097 shares in the company, valued at approximately $121,053,288.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Christian Kleinerman also recently made the following trade(s):
- On Monday, March 18th, Christian Kleinerman sold 12,636 shares of Snowflake stock. The stock was sold at an average price of $157.32, for a total transaction 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 stock was 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 stock was 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 stock was sold at an average price of $210.00, for a total transaction of $2,100,000.00.
Snowflake Price Performance
SNOW stock opened at $148.45 on Friday. Snowflake Inc. has a 52 week low of $135.26 and a 52 week high of $237.72. The firm has a 50-day simple moving average of $179.56 and a 200-day simple moving average of $179.04.
Institutional Trading of Snowflake
A number of hedge funds have recently bought and sold shares of the business. Accent Capital Management LLC purchased a new stake in Snowflake in the 4th quarter valued at $25,000. Mango Five Family Inc. purchased a new stake in shares of Snowflake in the fourth quarter valued at about $26,000. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in Snowflake by 333.3% during the first 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 during the last quarter. Geneos Wealth Management Inc. raised its stake in Snowflake by 822.2% during the first quarter. Geneos Wealth Management Inc. now owns 166 shares of the company’s stock worth $38,000 after purchasing an additional 148 shares during the period. Finally, Ulland Investment Advisors LLC boosted its holdings in Snowflake by 270.0% in the 3rd quarter. Ulland Investment Advisors LLC now owns 185 shares of the company’s stock valued at $28,000 after purchasing an additional 135 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on SNOW shares. Redburn Atlantic reissued a “sell” rating and issued a $125.00 price objective (down from $180.00) on shares of Snowflake in a research report on Tuesday, March 19th. Truist Financial dropped their price objective on Snowflake from $250.00 to $210.00 and set a “buy” rating on the stock in a research note on Thursday, February 29th. Bank of America decreased their target price on Snowflake from $265.00 to $212.00 and set a “neutral” rating for the company in a research report on Thursday, February 29th. Monness Crespi & Hardt upgraded Snowflake from a “sell” rating to a “neutral” rating in a research note on Monday, March 18th. Finally, Oppenheimer decreased their price objective on Snowflake from $240.00 to $220.00 and set an “outperform” rating for the company in a report on Thursday, February 29th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-two have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $202.00.
Read Our Latest Report on SNOW
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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