Snowflake (SNOW) SVP Vivek Raghunathan Sells $930K of Stock

Vivek Raghunathan, the Senior Vice President of Engineering at Snowflake Inc., executed a planned sale of 3,876 shares on June 16, 2026. The shares were sold at an average price of $240.00, totaling about $930,240. This transaction was conducted under a pre-arranged trading plan.

Insider Buying and Selling at Snowflake Inc.

On June 16, 2026, Vivek Raghunathan sold 3,876 shares of Snowflake Inc. at $240.00 each. Christian Kleinerman, EVP of Product Management, also sold 2,986 shares on the same day at the same price under a planned sale. Additionally, Frank Slootman sold 8,066 shares on June 16. On June 15, 2026, Jonathan Mead Beaulier, Chief Revenue Officer, sold 7,875 shares at $232.78, and Raghunathan sold 8,914 shares at the same price, which was not under a planned sale.

Other Institutional Activity in Snowflake Inc.

BlackRock, Inc. reduced its holdings in Snowflake by 247,268 shares, leaving it with 27,962,714 shares valued at approximately $4.22 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both initiated positions, ending with 14,777,513 shares worth about $2.23 billion and 12,842,543 shares valued at $1.94 billion, respectively. JPMorgan Chase & Co increased its stake by 934,362 shares to 11,187,132 shares, valued at roughly $1.72 billion. FMR LLC cut its position by 3,060,345 shares, ending with 10,746,987 shares worth about $1.62 billion.

Snowflake Inc. Stock Down 30.0%

Shares of NYSE:SNOW were trading near $238.32. Snowflake Inc. has a market cap of $82.6 billion and a forward P/E ratio of 88.79. The stock's 52-week low is $118.30, and its high is $284.99. It has a 50-day moving average of $176.45 and a 200-day moving average of $205.73. The company has a current ratio of 1.05 and a quick ratio of 0.94, with a debt-to-equity ratio of 142.91.

Recent Earnings

Snowflake reported revenue of $5.03 billion with a growth rate of 33.5%. Despite its revenue growth, the company posted a net margin of -23.8% and a return on equity of -54.9%. The next earnings report is expected on August 26, 2026.

Analysts Set New Price Targets

On June 8, 2026, Scotiabank maintained a buy rating for Snowflake with a price target of $320. On June 5, Truist Securities also maintained its buy rating with a target of $300. Barclays maintained a hold rating with a $285 target on June 4. UBS, Piper Sandler, Loop Capital, BTIG, and Needham all reiterated buy ratings with targets ranging from $320 to $370 throughout early June. The consensus among 48 analysts is a strong buy, with a mean target price of $291.70.

About Snowflake Inc.

Snowflake Inc. offers a cloud-based data platform that helps organizations consolidate data into a single source for analysis and application development. Its AI Data Cloud is used across various industries, including finance, healthcare, and technology. Headquartered in Menlo Park, California, Snowflake collaborates with OpenAI to develop AI solutions. The company, led by CEO Mr. Sridhar Ramaswamy Ph.D., employs about 9,250 people.

Bottom Line

Vivek Raghunathan's recent planned sale of Snowflake shares is part of ongoing insider activity at the company. Snowflake remains a significant player in the technology sector, with a strong buy consensus from analysts. Investors should note that 13F filings and insider sales are backward-looking and may not reflect current positions.