Snowflake Inc. $SNOW Shares Purchased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise boosted its position in Snowflake Inc. (NYSE:SNOW) by 161.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,151 shares of the company’s stock after purchasing an additional 5,035 shares during the period. Banque Cantonale Vaudoise’s holdings in Snowflake were worth $1,788,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC acquired a new stake in Snowflake in the third quarter worth approximately $25,000. GoalVest Advisory LLC lifted its position in Snowflake by 221.4% in the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock worth $30,000 after purchasing an additional 93 shares during the period. Physician Wealth Advisors Inc. lifted its position in Snowflake by 56.0% in the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock worth $31,000 after purchasing an additional 51 shares during the period. HHM Wealth Advisors LLC lifted its position in Snowflake by 50.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock worth $33,000 after purchasing an additional 50 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in Snowflake in the third quarter worth approximately $34,000. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Bank of America and Rosenblatt both reiterated bullish views on Snowflake (SNOW), with raised price targets that point to confidence in enterprise demand, AI product traction, and execution ahead of earnings. Article link
• Positive Sentiment: Coverage highlighted Snowflake’s expanding customer base and AI partnerships, suggesting additional upside if the company can keep converting that momentum into revenue growth. Article link
• Positive Sentiment: Investors are focused on the May 27 earnings date as a potential catalyst, with sentiment leaning constructive if Snowflake beats expectations or raises guidance. Article link
• Neutral Sentiment: Pre-earnings previews emphasize key metrics beyond revenue and EPS, indicating that investors will be watching usage trends and other operating indicators closely rather than just headline results. Article link
• Neutral Sentiment: Some commentary says recent weakness may simply reflect normal cooling after a sharp rally, not a major business setback. Article link
• Negative Sentiment: Director Frank Slootman disclosed a sale of 144,650 shares, which can weigh on sentiment even though it was executed under a pre-arranged trading plan. Article link

Snowflake Price Performance

NYSE SNOW opened at $165.57 on Friday. The stock has a market capitalization of $57.24 billion, a P/E ratio of -41.92 and a beta of 1.08. Snowflake Inc. has a 1 year low of $118.30 and a 1 year high of $280.67. The business’s fifty day moving average is $154.03 and its two-hundred day moving average is $193.31. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.30 and a current ratio of 1.30.

Snowflake (NYSE:SNOW) last announced its earnings results 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. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the business earned $0.30 EPS. The company’s revenue was up 30.1% on a year-over-year basis. On average, research analysts forecast that Snowflake Inc. will post -2.16 earnings per share for the current fiscal year.

Insider Activity at Snowflake

In other Snowflake news, CAO Emily Ho sold 2,141 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $173.97, for a total transaction of $372,469.77. Following the sale, the chief accounting officer directly owned 44,553 shares of the company’s stock, valued at $7,750,885.41. The trade was a 4.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Vivek Raghunathan sold 3,876 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $152.80, for a total transaction of $592,252.80. Following the sale, the senior vice president directly owned 273,323 shares in the company, valued at approximately $41,763,754.40. This trade represents a 1.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 428,963 shares of company stock worth $71,996,216. Insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. KeyCorp reaffirmed an “overweight” rating on shares of Snowflake in a report on Wednesday. Zacks Research raised Snowflake from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Scotiabank dropped their price target on Snowflake from $290.00 to $205.00 and set a “sector outperform” rating on the stock in a report on Thursday, February 26th. JPMorgan Chase & Co. dropped their price target on Snowflake from $268.00 to $245.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Snowflake in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $242.19.

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.