Mutual Advisors LLC Acquires 7,316 Shares of Snowflake Inc. $SNOW

Mutual Advisors LLC grew its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 569.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,601 shares of the company’s stock after acquiring an additional 7,316 shares during the quarter. Mutual Advisors LLC’s holdings in Snowflake were worth $1,940,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. UMB Bank n.a. lifted its position in Snowflake by 174.0% during the third quarter. UMB Bank n.a. now owns 200 shares of the company’s stock valued at $45,000 after purchasing an additional 127 shares during the last quarter. Transcend Capital Advisors LLC raised its position in shares of Snowflake by 2.4% during the 3rd quarter. Transcend Capital Advisors LLC now owns 3,487 shares of the company’s stock valued at $786,000 after buying an additional 83 shares in the last quarter. Hazlett Burt & Watson Inc. raised its position in shares of Snowflake by 44.1% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 160 shares of the company’s stock valued at $36,000 after buying an additional 49 shares in the last quarter. Victrix Investment Advisors lifted its holdings in shares of Snowflake by 24.0% during the 3rd quarter. Victrix Investment Advisors now owns 5,290 shares of the company’s stock worth $1,193,000 after acquiring an additional 1,025 shares during the last quarter. Finally, Independent Advisor Alliance grew its position in Snowflake by 28.9% in the third quarter. Independent Advisor Alliance now owns 6,571 shares of the company’s stock worth $1,482,000 after acquiring an additional 1,475 shares in the last quarter. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insiders Place Their Bets

In other Snowflake news, EVP Christian Kleinerman sold 10,000 shares of the company’s stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 512,450 shares in the company, valued at approximately $127,871,648.50. This represents a 1.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $257.30, for a total transaction of $12,951,967.40. Following the sale, the director directly owned 33,596 shares in the company, valued at $8,644,250.80. The trade was a 59.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 613,681 shares of company stock valued at $135,245,745 over the last three months. 6.80% of the stock is currently owned by corporate insiders.

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

Snowflake Trading Down 9.6%

NYSE:SNOW opened at $172.36 on Wednesday. The firm has a market capitalization of $58.98 billion, a P/E 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. The company has a fifty day moving average of $220.75 and a 200 day moving average of $227.67. Snowflake Inc. has a 52 week low of $120.10 and a 52 week high of $280.67.

Snowflake (NYSE:SNOW) last posted its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the business posted $0.20 earnings per share. Snowflake’s revenue for the quarter was up 28.7% on a year-over-year basis. On average, research analysts predict that Snowflake Inc. will post -2.36 earnings per share for the current year.

Analyst Ratings Changes

SNOW has been the topic of a number of research reports. Monness Crespi & Hardt raised their price target on Snowflake from $260.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Piper Sandler restated an “overweight” rating and issued a $285.00 target price on shares of Snowflake in a research report on Thursday, December 4th. Scotiabank reaffirmed an “outperform” rating on shares of Snowflake in a research note on Thursday, December 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Snowflake in a research note on Wednesday, January 21st. Finally, Stifel Nicolaus upped their price objective on shares of Snowflake from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Snowflake presently has a consensus rating of “Moderate Buy” and a consensus price target of $275.58.

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.