Snowflake CEO Sridhar Ramaswamy Sells Over 4,400 Shares
Snowflake Inc. CEO Sridhar Ramaswamy sold shares valued at over $1 million.
Key Points
- On June 22, 2026, Snowflake CEO Sridhar Ramaswamy sold 4,427 shares at an average price of $232.29, totaling approximately $1.03 million.
- Snowflake Inc. (NYSE:SNOW) trades near $230.41 with a market cap of $78.5 billion and a forward P/E of 84.4.
- Recent institutional activity includes BlackRock trimming its stake by 247,268 shares and Vanguard opening new positions.
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On June 22, 2026, Snowflake Inc.'s CEO, Sridhar Ramaswamy, sold 4,427 shares of the company, valued at approximately $1.03 million. The shares were sold at an average price of $232.29 each. This transaction was not part of a pre-planned trading arrangement.
Snowflake Inc. Stock Down 29.8%
Shares of NYSE:SNOW traded near $230.41 on Thursday. Snowflake Inc. has a market capitalization of about $78.5 billion. The company's forward P/E ratio is 84.4, indicating high expectations for future earnings. Snowflake's stock has seen a range from $118.30 to $284.99 over the past year, with a 50-day moving average of $179.81 and a 200-day moving average of $205.70. The company maintains a current ratio of 1.05 and a quick ratio of 0.94, with a debt-to-equity ratio of 142.91.
$SNOW stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Snowflake Inc.
Several other insiders were also active around the same time. On June 22, 2026, Emily Ho, the Chief Accounting Officer, sold 1,020 shares at $232.29, while Jonathan Beaulieu, the Chief Revenue Officer, sold 710 shares at the same price. Vivek Raghunathan, SVP of Engineering, sold 3,603 shares, and Christian Kleinerman, EVP of Product Management, sold 2,652 shares, all on the same day.
Analysts Set New Price Targets
Analysts have been active in covering Snowflake recently. On June 8, 2026, Scotiabank maintained its 'buy' rating with a price target of $320. Similarly, Truist Securities and UBS also maintained 'buy' ratings with targets of $300 and $370, respectively, earlier in June. The consensus among 48 analysts is a 'strong buy' with a mean price target of $291.70.
About Snowflake Inc.
Snowflake Inc. offers a cloud-based data platform that helps organizations manage and analyze data. Headquartered in Menlo Park, California, Snowflake serves various sectors including financial services, healthcare, and technology. The company is led by CEO Sridhar Ramaswamy and employs around 9,250 people. Snowflake's platform integrates artificial intelligence to provide business insights and data solutions.
Bottom Line
The recent insider sales at Snowflake, including CEO Sridhar Ramaswamy's transaction, are notable but not uncommon. Investors often watch these moves for insights into executive confidence. Snowflake's stock remains a focus due to its significant market cap and forward-looking growth expectations. As always, remember that insider trades are disclosed after the fact and may not reflect current holdings.
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