Mizuho Markets Americas LLC Has $98.23 Million Stock Holdings in Snowflake Inc. $SNOW

Mizuho Markets Americas LLC lifted its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 107.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 435,507 shares of the company’s stock after purchasing an additional 225,717 shares during the period. Snowflake accounts for about 1.8% of Mizuho Markets Americas LLC’s portfolio, making the stock its 13th biggest position. Mizuho Markets Americas LLC owned 0.13% of Snowflake worth $98,229,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Snowflake during the 2nd quarter worth approximately $944,895,000. Winslow Capital Management LLC acquired a new position in shares of Snowflake during the 2nd quarter valued at $725,667,000. Jennison Associates LLC boosted its stake in Snowflake by 20.5% during the second quarter. Jennison Associates LLC now owns 8,000,667 shares of the company’s stock worth $1,790,309,000 after acquiring an additional 1,363,389 shares in the last quarter. Sei Investments Co. boosted its stake in Snowflake by 272.4% during the second quarter. Sei Investments Co. now owns 1,593,329 shares of the company’s stock worth $356,543,000 after acquiring an additional 1,165,515 shares in the last quarter. Finally, Artisan Partners Limited Partnership grew its holdings in Snowflake by 15.2% in the second quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company’s stock worth $1,108,045,000 after purchasing an additional 652,485 shares during the period. 65.10% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CAO Emily Ho sold 1,072 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $223.63, for a total value of $239,731.36. Following the sale, the chief accounting officer directly owned 43,809 shares of the company’s stock, valued at $9,797,006.67. This represents a 2.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael L. Speiser sold 403 shares of Snowflake stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $221.16, for a total transaction of $89,127.48. Following the transaction, the director directly owned 24,121 shares of the company’s stock, valued at approximately $5,334,600.36. This trade represents a 1.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 418,681 shares of company stock worth $96,073,145. 6.80% of the stock is currently owned by corporate insiders.

Snowflake Trading Up 1.4%

Shares of Snowflake stock opened at $210.66 on Monday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.37 and a quick ratio of 1.37. The firm has a market cap of $72.09 billion, a PE ratio of -52.14 and a beta of 1.14. The company has a 50 day simple moving average of $233.08 and a two-hundred day simple moving average of $228.82. Snowflake Inc. has a 1 year low of $120.10 and a 1 year high of $280.67.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the business earned $0.20 earnings per share. The company’s quarterly revenue was up 28.7% on a year-over-year basis. Analysts expect that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake announced an acquisition that integrates telemetry (observability/operational data) with its business‑intelligence stack — a strategic move that broadens use cases and could lift revenue per customer over time. Snowflake acquisition connects telemetry and business intelligence
• Positive Sentiment: KeyCorp maintains an Overweight rating and a $285 price target, providing a bullish analyst signal despite near‑term negative EPS estimates — this support can attract buyers and limit downside. MarketBeat SNOW page
• Neutral Sentiment: Zacks published a piece summarizing Wall Street analysts’ optimism for Snowflake; media attention on analyst ratings often moves shares but the piece is descriptive rather than revealing new fundamentals. Is Snowflake (SNOW) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: Rival ClickHouse raised funding and is now valued around $15B — a sign of intensifying competition in cloud data platforms that could pressure pricing and customer share over time. Snowflake, Databricks challenger ClickHouse hits $15B valuation
• Negative Sentiment: A bearish Seeking Alpha piece argues Snowflake is weakening and recommends avoiding the stock — such narrative pieces can amplify selling pressure among retail and momentum traders. Snowflake Is Melting: Avoid
• Negative Sentiment: Recent analyst downgrade coverage was reported to have pushed the stock lower yesterday, a reminder that sell‑side revisions still trigger short‑term moves even as some firms remain constructive. Snowflake (NYSE:SNOW) Stock Price Down 5.1% on Analyst Downgrade

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on SNOW shares. Needham & Company LLC reiterated a “buy” rating and set a $280.00 price objective on shares of Snowflake in a report on Thursday, December 4th. Wedbush reaffirmed an “outperform” rating and issued a $270.00 target price on shares of Snowflake in a research report on Thursday, December 4th. Macquarie raised their price objective on Snowflake from $235.00 to $250.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. The Goldman Sachs Group set a $286.00 target price on Snowflake in a research report on Monday, January 12th. Finally, Jefferies Financial Group set a $300.00 price target 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 assigned 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 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.