3,833 Shares in Snowflake Inc. $SNOW Bought by Northbridge Financial Group LLC

Northbridge Financial Group LLC acquired a new position in shares of Snowflake Inc. (NYSE:SNOW) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,833 shares of the company’s stock, valued at approximately $841,000.

Several other hedge funds have also added to or reduced their stakes in the business. Total Clarity Wealth Management Inc. raised its stake in Snowflake by 2.7% during the 3rd quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock worth $340,000 after buying an additional 40 shares during the period. Diligent Investors LLC increased its stake in Snowflake by 0.9% during the 3rd quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock worth $1,036,000 after purchasing an additional 40 shares in the last quarter. Hazlett Burt & Watson Inc. increased its stake in Snowflake by 44.1% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 160 shares of the company’s stock worth $36,000 after purchasing an additional 49 shares in the last quarter. Wolff Wiese Magana LLC increased its stake in Snowflake by 10.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 549 shares of the company’s stock worth $120,000 after purchasing an additional 50 shares in the last quarter. Finally, HHM Wealth Advisors LLC increased its stake in Snowflake by 50.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock worth $33,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

Insider Buying and Selling

In related news, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $175.19, for a total transaction of $8,818,714.22. Following the completion of the transaction, the director owned 30,236 shares in the company, valued at approximately $5,297,044.84. This trade represents a 62.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christian Kleinerman sold 10,000 shares of Snowflake stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $165.01, for a total value of $1,650,100.00. Following the transaction, the executive vice president owned 510,477 shares of the company’s stock, valued at $84,233,809.77. The trade was a 1.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 284,313 shares of company stock worth $46,617,373 over the last 90 days. 6.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. The Goldman Sachs Group lowered their target price on Snowflake from $286.00 to $246.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Scotiabank lowered their target price on Snowflake from $290.00 to $205.00 and set a “sector outperform” rating for the company in a research note on Thursday, February 26th. DA Davidson lowered their target price on Snowflake from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Rosenblatt Securities reiterated a “buy” rating and set a $275.00 target price on shares of Snowflake in a report on Thursday, February 26th. Finally, TD Cowen lowered their target price on Snowflake from $270.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $242.19.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Bank of America raised its price target on Snowflake to $205 from $195, kept a Buy rating, and said enterprise demand remains strong with early traction in Snowflake’s AI workflow tools. Snowflake seen delivering strong quarter as Bank of America lifts price target
• Positive Sentiment: Citizens JMP reaffirmed its Market Outperform rating and set a much higher $325 price target, reinforcing Wall Street’s bullish view on Snowflake’s long-term upside. Read More
• Positive Sentiment: AVEVA announced a collaboration with Snowflake to accelerate industrial AI and unify IT/OT data, which could expand Snowflake’s reach in enterprise and industrial data workflows. AVEVA Announces Collaboration with Snowflake to Accelerate Industrial AI and Unify IT/OT Data Ecosystems
• Neutral Sentiment: Recent coverage continues to highlight Snowflake as a leading AI software name, with comparisons to other infrastructure plays keeping attention on the stock. Snowflake vs. DELL: Which AI Infrastructure Stock Has the Edge?
• Neutral Sentiment: Articles noting SNOW’s recent strength and broad AI-stock interest may be adding to momentum, but they do not add new company-specific fundamentals. Snowflake (SNOW) stock is up, what you need to know
• Negative Sentiment: Some investor commentary also points to mixed signals around AI infrastructure competition and large insider sales, which can temper enthusiasm even as analysts stay constructive. Snowflake Inc. ($SNOW) CEO 2026 Pay Revealed

Snowflake Price Performance

Shares of SNOW opened at $169.36 on Wednesday. The stock has a market capitalization of $58.55 billion, a P/E ratio of -42.88 and a beta of 1.08. Snowflake Inc. has a twelve month low of $118.30 and a twelve month high of $280.67. The company has a 50 day moving average of $154.54 and a 200-day moving average of $194.81. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.18.

Snowflake (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.05. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.Snowflake’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.30 EPS. As a group, equities research analysts forecast that Snowflake Inc. will post -2.16 EPS for the current fiscal year.

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.