Mitsubishi UFJ Asset Management Co. Ltd. Acquires 3,264 Shares of Snowflake Inc. $SNOW

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 0.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 354,458 shares of the company’s stock after buying an additional 3,264 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.10% of Snowflake worth $79,948,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Snowflake by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock worth $6,461,465,000 after purchasing an additional 857,832 shares during the period. Jennison Associates LLC boosted its stake in Snowflake by 13.5% during the third quarter. Jennison Associates LLC now owns 9,083,889 shares of the company’s stock worth $2,048,871,000 after buying an additional 1,083,222 shares during the period. State Street Corp increased its position in Snowflake by 1.4% during the second quarter. State Street Corp now owns 6,887,073 shares of the company’s stock valued at $1,541,120,000 after acquiring an additional 94,293 shares during the last quarter. Artisan Partners Limited Partnership lifted its holdings in shares of Snowflake by 15.2% in the 2nd quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company’s stock worth $1,108,045,000 after acquiring an additional 652,485 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Snowflake by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 4,424,120 shares of the company’s stock worth $986,057,000 after purchasing an additional 133,059 shares during the period. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insider Buying and Selling

In related news, Director Frank Slootman sold 200,000 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $221.83, for a total transaction of $44,366,000.00. Following the completion of the sale, the director directly owned 50,329 shares in the company, valued at $11,164,482.07. This represents a 79.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Christian Kleinerman sold 10,000 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president directly owned 512,450 shares in the company, valued at approximately $127,871,648.50. The trade was a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 713,681 shares of company stock valued at $148,264,518. 6.80% of the stock is owned by insiders.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4 beat and healthy demand: Snowflake reported ~30% y/y revenue growth and an EPS beat, with improving cash flow and strong customer metrics that underpin medium‑term revenue momentum. Snowflake Stock Surges After Q4 Revenue Jumps 30%, EPS Tops Estimates
• Positive Sentiment: AI positioning and market opportunity: Management highlighted agentic AI capabilities, partnerships (OpenAI/Anthropic integrations) and accelerating enterprise AI adoption — including faster growth in India — supporting a durable addressable market for Snowflake’s data cloud. Snowflake sees high levels of AI adoption among India Inc; country growth faster than global
• Positive Sentiment: Market technical/bull case: Some analysts and MarketBeat argue the sell‑off is overdone, institutions have been accumulating, and Snowflake’s cross‑cloud data position makes it central to AI workflows — a potential catalyst for a recovery. Is Snowflake’s Stock Meltdown Over? Signs Point to a Bottom
• Neutral Sentiment: Analyst repositioning: Many firms kept Buy/Overweight ratings but trimmed price targets after the quarter (UBS, Morgan Stanley, JPMorgan, Canaccord, etc.), leaving a mix of upside potential and reduced near‑term analyst support. These Analysts Slash Their Forecasts On Snowflake After Q4 Results
• Negative Sentiment: Mixed outlook disappointed some investors: Management’s FY27 product revenue guide (~27%) was viewed as conservative relative to some buyside expectations, contributing to a share pullback despite the beat. Snowflake’s stock dips as the software company gives a mixed outlook
• Negative Sentiment: Rising legal risk: Multiple law firms and class‑action notices were filed or publicized this week, creating legal overhang and increasing near‑term uncertainty for shareholders. Deadlines for lead‑plaintiff filings are being emphasized. Bronstein, Gewirtz & Grossman LLC Urges Snowflake Inc. Investors to Act: Class Action Filed
• Negative Sentiment: Profitability concerns persist: Commentary (e.g., Motley Fool) notes that while growth is strong, durable GAAP profitability remains elusive — a point that keeps some investors sidelined despite the AI narrative. Why I’m Still Not Buying Snowflake Stock

Snowflake Trading Down 2.7%

NYSE SNOW opened at $168.42 on Friday. Snowflake Inc. has a one year low of $120.10 and a one year high of $280.67. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.37 and a current ratio of 1.37. The company has a market capitalization of $57.63 billion, a price-to-earnings ratio of -42.64 and a beta of 1.14. The company’s 50-day simple moving average is $198.95 and its two-hundred day simple moving average is $222.58.

Snowflake (NYSE:SNOW) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.05. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. Snowflake had a negative net margin of 28.43% and a negative return on equity of 48.50%. Snowflake’s revenue was up 30.1% compared to the same quarter last year. During the same period last year, the company posted $0.30 earnings per share. Equities analysts forecast that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SNOW has been the subject of several analyst reports. Jefferies Financial Group set a $300.00 price objective on shares of Snowflake in a research note on Monday, November 24th. Argus raised Snowflake from a “hold” rating to a “buy” rating and set a $300.00 price objective on the stock in a research report on Thursday, January 8th. Bank of America increased their target price on Snowflake from $280.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. Sanford C. Bernstein lowered their target price on shares of Snowflake from $237.00 to $195.00 and set a “market perform” rating for the company in a research note on Thursday. Finally, Truist Financial reduced their price target on shares of Snowflake from $270.00 to $240.00 and set a “buy” rating on the stock in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $248.58.

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.