Snowflake Inc. $SNOW Stock Position Raised by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its position in shares of Snowflake Inc. (NYSE:SNOW) by 26.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,670 shares of the company’s stock after purchasing an additional 3,309 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Snowflake were worth $3,534,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Avion Wealth lifted its stake in Snowflake by 76.6% in the 2nd quarter. Avion Wealth now owns 113 shares of the company’s stock worth $25,000 after acquiring an additional 49 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Snowflake in the 3rd quarter valued at about $25,000. Tripletail Wealth Management LLC purchased a new stake in shares of Snowflake in the third quarter worth approximately $28,000. Rossby Financial LCC boosted its holdings in shares of Snowflake by 4,233.3% during the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock worth $29,000 after purchasing an additional 127 shares during the period. Finally, SJS Investment Consulting Inc. grew its position in Snowflake by 4,333.3% during the third quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock valued at $30,000 after purchasing an additional 130 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, SVP Vivek Raghunathan sold 11,801 shares of the firm’s stock in a transaction dated 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 completion of the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael L. Speiser sold 50,338 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $230.65, for a total value of $11,610,459.70. Following the transaction, the director directly owned 32,756 shares in the company, valued at $7,555,171.40. This trade represents a 60.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 613,681 shares of company stock worth $130,573,518 in the last three months. Company insiders own 6.80% of the company’s stock.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake rolled out a new coding agent that the company’s head of product says is “in a category of its own,” reinforcing Snowflake’s AI/software differentiation and potential to capture developer workflows on its platform. Snowflake coding agent article
• Positive Sentiment: Analysis pieces highlighting Snowflake and Salesforce as beneficiaries of the AI software “shake‑up” support the view that Snowflake can monetize AI use cases and maintain structural growth even amid competition. Forbes AI software shake-up
• Neutral Sentiment: Sector commentary comparing AI hardware leaders (e.g., Nvidia) to software/infra plays may divert some attention and capital, but it’s not directly negative for Snowflake’s product roadmap. AI sector comparison
• Neutral Sentiment: Valuation debate continues: coverage notes Snowflake trades at a premium P/S multiple given AI-driven growth expectations, leaving the stock sensitive to execution and guidance. Zacks valuation piece
• Negative Sentiment: Competitive pressure: Google announced a BigQuery global queries feature that overlaps with Snowflake’s cross-region/query capabilities, prompting investor concern about platform-level competition and potential pricing/feature pressure. Google BigQuery feature
• Negative Sentiment: Analyst price target cuts: Goldman Sachs trimmed its target (but kept a Buy) and Mizuho lowered its target from $285 to $220 — both moves reduce near-term upside expectations and likely pressured sentiment. Goldman Sachs PT cut Mizuho PT cut
• Negative Sentiment: Investor litigation alert: Pomerantz announced an investigation into Snowflake investor claims — a legal overhang that can increase volatility and weigh on sentiment until resolved. Pomerantz investor alert
• Negative Sentiment: Market reaction: reports note SNOW shares slid in recent sessions amid the items above, reflecting investor concern over competition, guidance sensitivity and valuation. Zacks market wrap

Snowflake Stock Down 2.8%

NYSE SNOW opened at $177.21 on Wednesday. Snowflake Inc. has a 1-year low of $120.10 and a 1-year high of $280.67. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The stock’s 50 day moving average is $206.83 and its two-hundred day moving average is $224.71. The company has a market capitalization of $60.64 billion, a price-to-earnings ratio of -43.86 and a beta of 1.14.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on SNOW shares. Evercore boosted their price target on shares of Snowflake from $280.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. The Goldman Sachs Group lowered their price target on Snowflake from $286.00 to $246.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. BTIG Research reaffirmed a “buy” rating and issued a $312.00 price objective on shares of Snowflake in a research note on Thursday, December 4th. Wedbush reiterated an “outperform” rating and set a $270.00 price target on shares of Snowflake in a report on Thursday, December 4th. Finally, Oppenheimer reissued an “outperform” rating on shares of Snowflake in a research report on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $274.00.

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.