Snowflake (NYSE:SNOW) SVP Sells $930,240.00 in Stock

17 Jun 2026, 21:12 by Scott Moore · The Cerbat Gem

Snowflake Inc. (NYSE:SNOW – Get Free Report) SVP Vivek Raghunathan sold 3,876 shares of Snowflake stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $240.00, for a total value of $930,240.00. Following the completion of the transaction, the senior vice president owned 258,689 shares in the company, valued at $62,085,360. The trade was a 1.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Vivek Raghunathan also recently made the following trade(s):

On Wednesday, April 1st, Vivek Raghunathan sold 3,876 shares of Snowflake stock. The shares were sold at an average price of $152.80, for a total value of $592,252.80.

Snowflake Stock Performance

SNOW stock traded down $4.08 on Wednesday, reaching $234.24. The company’s stock had a trading volume of 6,148,735 shares, compared to its average volume of 10,591,309. Snowflake Inc. has a 52 week low of $118.30 and a 52 week high of $284.99. The company has a market capitalization of $81.19 billion, a P/E ratio of -66.55 and a beta of 1.35. The firm has a fifty day moving average of $178.86 and a two-hundred day moving average of $189.60. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.05 and a quick ratio of 1.05.

Snowflake (NYSE:SNOW – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. Snowflake had a negative return on equity of 50.50% and a negative net margin of 23.79%.The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the company posted $0.24 EPS. The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. As a group, analysts predict that Snowflake Inc. will post -1.87 EPS for the current fiscal year.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Snowflake announced that Unlimitail chose its platform to power a privacy-preserving retail media data hub across Europe and Latin America, expanding Snowflake’s footprint in retail media and highlighting demand for its data clean room and AI data cloud products. BusinessWire article
Positive Sentiment: Analysts at Jefferies said Snowflake still looks well-positioned despite rising competition from Databricks, arguing that both firms can benefit from continued enterprise spending on data and AI infrastructure. Proactive Investors article
Positive Sentiment: Another analyst note said Snowflake remains attractive because of its strong cash flow and relatively lower valuation versus its growth profile, supporting the stock’s investment case. Benzinga article
Neutral Sentiment: Snowflake also said EDO is expanding its use of Snowflake Cortex AI to power ChatEDO, a sign that customers continue to build AI products on the platform. Yahoo Finance article
Negative Sentiment: Snowflake insiders, including director Frank Slootman, SVP Vivek Raghunathan, and EVP Christian Kleinerman, sold shares under pre-arranged Rule 10b5-1 plans to cover tax withholding on equity awards. While routine, insider selling can still weigh on sentiment. SEC filing
Negative Sentiment: Investor focus also remains on intensifying competition from Databricks, which may pressure Snowflake’s growth narrative even as analysts say both companies can coexist. Proactive Investors article

Institutional Trading of Snowflake

Several hedge funds and other institutional investors have recently modified their holdings of SNOW. Norges Bank purchased a new stake in shares of Snowflake during the fourth quarter worth $974,091,000. Jennison Associates LLC raised its holdings in shares of Snowflake by 27.7% during the fourth quarter. Jennison Associates LLC now owns 11,603,302 shares of the company’s stock worth $2,545,300,000 after acquiring an additional 2,519,413 shares in the last quarter. Coatue Management LLC purchased a new stake in shares of Snowflake during the third quarter worth $441,277,000. Jericho Capital Asset Management L.P. purchased a new stake in shares of Snowflake during the fourth quarter worth $345,619,000. Finally, American Century Companies Inc. raised its holdings in shares of Snowflake by 233.3% during the third quarter. American Century Companies Inc. now owns 2,104,925 shares of the company’s stock worth $474,766,000 after acquiring an additional 1,473,354 shares in the last quarter. 65.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SNOW has been the subject of a number of research analyst reports. Oppenheimer increased their target price on Snowflake from $250.00 to $295.00 and gave the company an “outperform” rating in a report on Thursday, May 28th. Royal Bank Of Canada increased their target price on Snowflake from $220.00 to $284.00 and gave the company an “outperform” rating in a report on Thursday, May 28th. Cantor Fitzgerald increased their target price on Snowflake from $225.00 to $282.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Truist Financial increased their target price on Snowflake from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, June 5th. Finally, HSBC set a $289.00 target price on Snowflake and gave the company a “buy” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $291.77.

Read Our Latest Research Report on SNOW

About Snowflake

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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.