Penserra Capital Management LLC Boosts Holdings in Snowflake Inc. $SNOW

Penserra Capital Management LLC boosted its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 32.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 153,358 shares of the company’s stock after acquiring an additional 37,911 shares during the period. Penserra Capital Management LLC’s holdings in Snowflake were worth $34,586,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brighton Jones LLC raised its position in shares of Snowflake by 90.0% during the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock worth $9,556,000 after purchasing an additional 29,320 shares during the last quarter. Intech Investment Management LLC grew its holdings in Snowflake by 24.0% during the 1st quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock valued at $1,637,000 after buying an additional 2,167 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Snowflake by 29.7% during the first quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after buying an additional 73 shares in the last quarter. Hilltop National Bank acquired a new position in shares of Snowflake in the second quarter worth $53,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Snowflake in the second quarter worth $224,000. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Snowflake Stock Down 9.6%

Shares of SNOW opened at $172.36 on Wednesday. Snowflake Inc. has a fifty-two week low of $120.10 and a fifty-two week high of $280.67. The company’s fifty day moving average is $220.75 and its two-hundred day moving average is $227.67. The firm has a market cap of $58.98 billion, a PE ratio of -42.66 and a beta of 1.14. 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 issued its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share 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 business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period last year, the company posted $0.20 EPS. The business’s quarterly revenue was up 28.7% on a year-over-year basis. Analysts forecast that Snowflake Inc. will post -2.36 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Morgan Stanley reiterated an “overweight” rating and set a $299.00 price objective on shares of Snowflake in a research report on Tuesday, January 27th. TD Cowen reaffirmed a “buy” rating on shares of Snowflake in a research note on Thursday, December 4th. Barclays reissued an “equal weight” rating and issued a $250.00 price objective (down previously from $290.00) on shares of Snowflake in a research report on Monday, January 12th. Canaccord Genuity Group upped their price objective on shares of Snowflake from $260.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Snowflake in a research note on Monday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Snowflake currently has an average rating of “Moderate Buy” and a consensus target price of $275.58.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake signed a multi‑year $200M partnership with OpenAI to run advanced models natively on Snowflake’s platform — a direct revenue/consumption catalyst if customers start running large models on their data. Snowflake partners with OpenAI in $200 million AI deal
• Positive Sentiment: New product introductions (Cortex Code AI agent, Snowflake Postgres integration, Semantic View Autopilot) broaden enterprise use cases and lower friction for AI workloads — supportive for longer‑term compute consumption. Snowflake Unveils Cortex Code — Business Wire
• Positive Sentiment: Sell‑side support remains — firms including Bank of America have reiterated buy ratings and raised targets, signaling Wall Street still sees upside if consumption and margins improve. Bank of America Securities Reiterates a Buy on Snowflake Inc. (SNOW)
• Neutral Sentiment: Market takes a “show me” approach — coverage notes strategic logic of the OpenAI tie‑up but emphasizes investors want proof (consumption growth and margin stability) rather than headlines. Snowflake’s $200M Bet: Can The OpenAI Deal Fix The Slump?
• Neutral Sentiment: Upcoming catalysts to watch: Snowflake will report fiscal Q4 results on Feb. 25 and management presents at Morgan Stanley on Mar. 3 — guidance and usage metrics will be key to sentiment. Q4 results announcement — Business Wire
• Negative Sentiment: An EVP, Christian Kleinerman, sold 10,000 shares (filed Form 4) — insider sales can amplify near‑term selling pressure even if routine. SEC Form 4 — Kleinerman Sale
• Negative Sentiment: Johnson Fistel opened an investigation into possible securities‑law issues involving Snowflake or its officers — adds legal uncertainty and can weigh on trader sentiment. Johnson Fistel Investigation Notice
• Negative Sentiment: Shares have fallen more than peers amid profit‑taking and AI skepticism as traders weigh model‑running costs vs. revenue upside. Short‑term volatility likely until management shows consumption/margin lift. Snowflake Registers a Bigger Fall Than the Market — Zacks

Insider Transactions at Snowflake

In related news, SVP Vivek Raghunathan sold 11,801 shares of the firm’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $220.44, for a total value of $2,601,412.44. Following the transaction, the senior vice president owned 218,020 shares in the company, valued at approximately $48,060,328.80. This trade represents a 5.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christian Kleinerman sold 10,000 shares of Snowflake stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $249.53, for a total transaction of $2,495,300.00. Following the transaction, the executive vice president directly owned 512,450 shares in the company, valued at approximately $127,871,648.50. This trade represents a 1.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 613,681 shares of company stock valued at $135,245,745. 6.80% of the stock is owned by company insiders.

About Snowflake

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.