Snowflake (NYSE:SNOW) Director Sells $44,366,000.00 in Stock

25 Dec 2025, 04:28 by Amy Steele · The Cerbat Gem

Snowflake Inc. (NYSE:SNOW – Get Free Report) Director Frank Slootman sold 200,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $221.83, for a total value of $44,366,000.00. Following the transaction, the director directly owned 50,329 shares in the company, valued at $11,164,482.07. This trade represents a 79.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Frank Slootman also recently made the following trade(s):

On Tuesday, December 16th, Frank Slootman sold 7,728 shares of Snowflake stock. The shares were sold at an average price of $212.45, for a total value of $1,641,813.60.
On Tuesday, December 9th, Frank Slootman sold 1,993 shares of Snowflake stock. The shares were sold at an average price of $223.31, for a total value of $445,056.83.

Snowflake Price Performance

Shares of Snowflake stock opened at $221.63 on Thursday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.37 and a quick ratio of 1.37. Snowflake Inc. has a one year low of $120.10 and a one year high of $280.67. The business’s 50 day simple moving average is $246.61 and its two-hundred day simple moving average is $228.10. The stock has a market capitalization of $75.84 billion, a P/E ratio of -54.86 and a beta of 1.09.

Snowflake (NYSE:SNOW – Get Free Report) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. Analysts forecast that Snowflake Inc. will post -2.36 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Citigroup dropped their target price on shares of Snowflake from $310.00 to $300.00 and set a “buy” rating for the company in a report on Monday, December 8th. UBS Group reaffirmed a “buy” rating on shares of Snowflake in a research report on Thursday, December 4th. BTIG Research reiterated a “buy” rating and issued a $312.00 price objective on shares of Snowflake in a research report on Thursday, December 4th. Mizuho boosted their target price on Snowflake from $260.00 to $285.00 and gave the company an “outperform” rating in a research note on Monday, November 17th. Finally, Truist Financial raised their price target on Snowflake from $235.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Snowflake currently has a consensus rating of “Moderate Buy” and a consensus target price of $275.32.

Get Our Latest Report on SNOW

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Snowflake is reportedly in talks to buy app‑monitoring startup Observe for about $1 billion to broaden its AI and observability stack — a deal that would accelerate Snowflake’s ability to capture AI‑driven workloads and strengthen platform stickiness. Read More.
Positive Sentiment: Multiple outlets report the same Observe acquisition talks, underscoring market attention to Snowflake’s M&A push to sharpen its AI edge. Read More.
Positive Sentiment: AI is already a major revenue driver — reports say AI accounts for ~50% of bookings and Snowflake hit an early $100M AI run‑rate, supporting upside to usage‑based revenue as customers run larger AI workloads. Read More.
Neutral Sentiment: Sell‑side coverage remains mostly positive but varied: many Buy/Outperform ratings and elevated price targets, creating supportive long‑term narrative though near‑term targets differ. Read More.
Neutral Sentiment: Market commentary and price‑forecast pieces note recent volatility (monthly declines after YTD gains); useful for context but not new fundamentals. Read More.
Negative Sentiment: Large insider sale: Director Frank Slootman disclosed selling 200,000 shares (~$44M), a material reduction that can create short‑term selling pressure or investor concern despite possible personal/liquidity reasons. Read More.
Negative Sentiment: Other insider sales: EVP Christian Kleinerman and CAO Emily Ho sold smaller tranches (disclosed filings), adding to perception of insider distribution this week. Read More. • Read More.

Institutional Investors Weigh In On Snowflake

Hedge funds have recently made changes to their positions in the company. Trust Co. of Toledo NA OH purchased a new position in Snowflake during the second quarter valued at $25,000. Avion Wealth increased its stake in shares of Snowflake by 76.6% in the 2nd quarter. Avion Wealth now owns 113 shares of the company’s stock worth $25,000 after acquiring an additional 49 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in Snowflake during the 3rd quarter valued at about $25,000. Tripletail Wealth Management LLC bought a new stake in Snowflake during the third quarter worth about $28,000. Finally, Rossby Financial LCC boosted its stake in Snowflake by 4,233.3% during the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock worth $29,000 after acquiring an additional 127 shares in the last quarter. 65.10% of the stock is currently owned by institutional investors.

Snowflake Company Profile

(Get Free Report)

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.