Stephens Inc. AR Raises Holdings in Snowflake Inc. $SNOW

Stephens Inc. AR grew its holdings in Snowflake Inc. (NYSE:SNOW) by 224.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,461 shares of the company’s stock after buying an additional 13,468 shares during the quarter. Stephens Inc. AR’s holdings in Snowflake were worth $4,389,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SNOW. Trust Co. of Toledo NA OH acquired a new position in shares of Snowflake during the 2nd quarter worth $25,000. Avion Wealth grew its position in Snowflake by 76.6% during the second quarter. Avion Wealth now owns 113 shares of the company’s stock worth $25,000 after buying an additional 49 shares during the period. Tripletail Wealth Management LLC acquired a new position in Snowflake during the third quarter worth about $28,000. Rossby Financial LCC increased its holdings in Snowflake by 4,233.3% in the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock valued at $29,000 after buying an additional 127 shares in the last quarter. Finally, SJS Investment Consulting Inc. lifted its position in shares of Snowflake by 4,333.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock valued at $30,000 after acquiring an additional 130 shares during the period. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Acquisitions broaden product scope and strengthen AI/telemetry offering — Snowflake’s deals (including Datometry and Observe) expand its data/AI platform, increasing addressable market and cross-sell opportunities that support revenue growth expectations. SNOW Expands Portfolio on Acquisitions
• Positive Sentiment: Telemetry + BI integration seen as strategic — reporting highlights that Snowflake’s acquisition linking telemetry and business intelligence should improve observability and make operational data actionable inside Snowflake, a structural positive for enterprise adoption. Snowflake acquisition connects telemetry and business intelligence
• Neutral Sentiment: Wall Street tone largely constructive — media coverage notes analysts remain optimistic overall, which can support multiple expansion, but updates are mixed across firms. Monitor firm-level rating/target changes for near-term moves. Is Snowflake (SNOW) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: KeyCorp reiterates Overweight and $285 target but models continued losses — the firm projects multi-quarter negative EPS (e.g., Q1/Q2/Q3 FY27 estimates) even as it keeps a bullish target, creating a mix of upside to the stock target and near-term earnings pressure. MarketBeat Snowflake coverage (KeyCorp notes)
• Negative Sentiment: Analyst downgrade pressured the stock recently — reports that an analyst downgrade drove a ~5% intraday drop highlight sensitivity to sell-side revisions; such downgrades can trigger short-term selling even with long-term strategic positives. Snowflake Stock Price Down 5.1% on Analyst Downgrade
• Negative Sentiment: Near-term profitability remains a concern — consensus and some broker models still forecast negative full-year EPS, which can limit valuation multiples if revenue growth slows or margin improvement lags expectations. SNOW Falls More Steeply Than Broader Market

Snowflake Stock Up 1.0%

SNOW opened at $208.16 on Friday. The firm has a market cap of $71.23 billion, a P/E ratio of -51.53 and a beta of 1.14. The business’s fifty day simple moving average is $234.13 and its 200 day simple moving average is $228.74. Snowflake Inc. has a 52 week low of $120.10 and a 52 week high of $280.67. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07.

Snowflake (NYSE:SNOW) last released its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the firm earned $0.20 EPS. The firm’s quarterly revenue was up 28.7% on a year-over-year basis. As a group, equities research analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Insider Activity

In related news, Director Michael L. Speiser sold 50,338 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $230.65, for a total transaction of $11,610,459.70. Following the sale, the director owned 32,756 shares in the company, valued at approximately $7,555,171.40. This trade represents a 60.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $249.53, for a total value of $2,495,300.00. Following the completion of the transaction, the executive vice president owned 512,450 shares of the company’s stock, valued at $127,871,648.50. This trade represents a 1.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 418,681 shares of company stock worth $96,073,145. 6.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on SNOW shares. UBS Group restated a “buy” rating on shares of Snowflake in a report on Thursday, December 4th. Cantor Fitzgerald boosted their target price on Snowflake from $275.00 to $278.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Wedbush reissued an “outperform” rating and issued a $270.00 target price on shares of Snowflake in a report on Thursday, December 4th. Rosenblatt Securities boosted their price objective on shares of Snowflake from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, December 1st. Finally, Jefferies Financial Group set a $300.00 price objective on shares of Snowflake in a research report on Monday, November 24th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $275.58.

Snowflake Company Profile

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.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.