Jonathan Mead Beaulier Sells 12,292 Shares of Snowflake (NYSE:SNOW) Stock

Snowflake Inc. (NYSE:SNOW) CRO Jonathan Beaulier sold 12,292 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $336.12, for a total value of $4,131,587.04. Following the transaction, the executive owned 213,085 shares in the company, valued at $71,622,130.20. This represents a 5.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jonathan Mead Beaulier also recently made the following trade(s):

• On Monday, June 22nd, Jonathan Beaulier sold 9,367 shares of Snowflake stock. The shares were sold at an average price of $231.98, for a total value of $2,172,956.66.

Snowflake Stock Performance

Shares of SNOW stock traded up $7.28 during mid-day trading on Wednesday, reaching $330.26. The stock had a trading volume of 3,757,358 shares, compared to its average volume of 5,277,960. Snowflake Inc. has a one year low of $118.30 and a one year high of $384.56. The firm has a market cap of $116.52 billion, a PE ratio of -103.85 and a beta of 1.33. The firm’s 50 day simple moving average is $307.79 and its 200 day simple moving average is $228.50. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.06.

Snowflake (NYSE:SNOW) last issued its earnings results on Wednesday, September 2nd. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.17. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%.The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the company posted $0.35 earnings per share. Snowflake’s revenue was up 35.1% on a year-over-year basis. On average, analysts forecast that Snowflake Inc. will post -1.57 EPS for the current year.

Hedge Funds Weigh In On Snowflake

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Basecamp Wealth Advisors LLC lifted its position in Snowflake by 140.5% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 202 shares of the company’s stock worth $30,000 after buying an additional 118 shares in the last quarter. Emerald Advisers LLC raised its stake in shares of Snowflake by 95.2% in the first quarter. Emerald Advisers LLC now owns 205 shares of the company’s stock worth $31,000 after acquiring an additional 100 shares during the last quarter. MV Capital Management Inc. acquired a new position in shares of Snowflake during the fourth quarter worth approximately $32,000. Copos Capital S.a r.l. acquired a new position in shares of Snowflake during the fourth quarter worth approximately $35,000. Finally, Global Assets Advisory LLC bought a new stake in shares of Snowflake during the first quarter valued at approximately $37,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake’s second-quarter fiscal 2027 performance reportedly included approximately $1.55 billion in revenue, a reduced net loss, higher full-year product-revenue and operating-margin guidance, and a completed $3.7 billion share-repurchase program that retired about 25.4 million shares. The combination of stronger AI adoption, improved profitability expectations, and a smaller share count is supportive for the stock. How Investors May Respond To Snowflake AI-fueled Guidance Hike and $3.7 Billion Buyback
• Positive Sentiment: Snowflake introduced dynamic model routing designed to direct workloads to the most cost-effective AI models. Lowering enterprise AI spending could improve customer adoption and increase usage of Snowflake’s platform. Snowflake’s dynamic model routing aims to make enterprise AI more cost-efficient
• Positive Sentiment: QAD | Redzone’s ChampionAI, powered by Snowflake Cortex AI, is targeting manufacturing productivity, labor, and operational-pace challenges. The deployment provides another example of Snowflake’s AI technology being used in commercial applications. QAD | Redzone’s ChampionAI, Powered by Snowflake Cortex AI
• Positive Sentiment: Scotiabank raised its fiscal 2027 EPS estimate for Snowflake to a loss of $1.32 per share from a projected loss of $1.81 and maintained a “Sector Outperform” rating with a $440 price target. Scotiabank estimate update
• Positive Sentiment: Analyst commentary continues to highlight Snowflake’s faster growth, expanding customer base, and increasing AI adoption relative to Adobe, while momentum-focused coverage may attract additional investor interest. Snowflake vs. Adobe: Which Enterprise AI Stock Is a Better Buy?
• Neutral Sentiment: Snowflake’s support for UAE entrepreneurs building AI startups expands its ecosystem and international visibility, although the near-term financial impact is unclear. Snowflake backs UAE entrepreneurs building AI startups
• Negative Sentiment: The bullish growth case comes with valuation risk: Snowflake trades at a substantially richer valuation than Adobe despite continuing to report losses, leaving the stock vulnerable if AI growth or profitability disappoints. Snowflake versus Adobe valuation comparison

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Cantor Fitzgerald raised their target price on Snowflake from $405.00 to $430.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft set a $400.00 price objective on Snowflake in a research note on Thursday, September 3rd. Needham & Company LLC lifted their price objective on Snowflake from $330.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, September 3rd. The Goldman Sachs Group boosted their target price on shares of Snowflake from $300.00 to $436.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Finally, Stifel Nicolaus increased their target price on shares of Snowflake from $350.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Thirty-four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $414.24.

Snowflake Company Profile

Snowflake Inc (NYSE: SNOW) is a cloud-based data platform company that helps organizations store, process, analyze and share data. Its platform is designed to support data warehousing, data lakes, data engineering, data science, application development and business intelligence across public cloud environments.

Snowflake’s Data Cloud enables customers to consolidate and access structured, semi-structured and unstructured data while supporting secure data sharing and collaboration. Its offerings include Snowflake Cortex, which provides artificial intelligence and machine-learning capabilities, as well as tools for developing data applications and using data from Snowflake’s marketplace and partner ecosystem.

Founded in 2012, Snowflake serves businesses, government organizations and other institutions globally through cloud infrastructure provided by major public-cloud platforms.