Napean Trading & Investment Co Singapore PTE Ltd Buys 16,394 Shares of Snowflake Inc. $SNOW

Napean Trading & Investment Co Singapore PTE Ltd increased its stake in Snowflake Inc. (NYSE:SNOW) by 44.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,918 shares of the company’s stock after acquiring an additional 16,394 shares during the period. Snowflake comprises approximately 2.3% of Napean Trading & Investment Co Singapore PTE Ltd’s portfolio, making the stock its 14th largest position. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in Snowflake were worth $11,936,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Coastline Trust Co lifted its stake in Snowflake by 1.0% during the third quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock worth $943,000 after purchasing an additional 42 shares during the last quarter. Wedbush Securities Inc. raised its holdings in shares of Snowflake by 1.3% during the 2nd quarter. Wedbush Securities Inc. now owns 3,717 shares of the company’s stock valued at $832,000 after buying an additional 48 shares in the last quarter. CX Institutional lifted its position in Snowflake by 13.2% in the 3rd quarter. CX Institutional now owns 421 shares of the company’s stock worth $95,000 after buying an additional 49 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its stake in Snowflake by 44.1% in the third quarter. Hazlett Burt & Watson Inc. now owns 160 shares of the company’s stock worth $36,000 after buying an additional 49 shares in the last quarter. Finally, Insigneo Advisory Services LLC grew its position in Snowflake by 1.3% during the second quarter. Insigneo Advisory Services LLC now owns 4,003 shares of the company’s stock valued at $896,000 after acquiring an additional 52 shares during the last quarter. Institutional investors own 65.10% of the company’s stock.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake expanded Cortex Code CLI to support non‑Snowflake data sources (dbt, Apache Airflow), broadening its developer tooling and AI workflows — a feature that can deepen enterprise adoption. Snowflake Cortex Code Expands Towards Supporting Any Data, Anywhere
• Positive Sentiment: Customer adoption update: Wolfspeed has expanded use of Snowflake’s AI Data Cloud to unify factory, supply‑chain and enterprise data — a concrete example of industry adoption that supports Snowflake’s AI platform story. Snowflake Inc. (SNOW) Expands AI Reach With Strategic Partnerships and Industry Adoption
• Positive Sentiment: Citi told investors the recent ~30% pullback looks like an overreaction and maintained a Buy stance, signaling confidence among some sell‑side analysts in Snowflake’s longer‑term growth despite recent volatility. Citi Notes Snowflake’s (SNOW) 30% Pull Back to Be an Overreaction
• Neutral Sentiment: Earnings event: Snowflake reports fiscal Q4 results after the close on Feb. 25 — investors will focus on revenue growth, margins and forward guidance for signs of enterprise spending stabilization. What’s Going On With Snowflake Stock Monday?
• Neutral Sentiment: Pre‑earnings commentary: Several analyst writeups (Zacks, market pieces) debate buy/hold/sell positions ahead of results — increasing short‑term volatility but not changing the company’s long‑term AI narrative. Should You Buy, Sell, or Hold SNOW Stock Before Q4 Earnings Release?
• Neutral Sentiment: BTIG lowered its price target (from $312 to $235) but kept a Buy rating — a mixed signal: bullish stance but tempered near‑term expectations. SNOW – Snowflake price target lowered by at BTIG
• Negative Sentiment: Fund selling: Artisan Mid Cap Fund sold its Snowflake position citing elevated valuation — a direct signal that some institutional holders are trimming exposure. Artisan Mid Cap Fund Sold Snowflake (SNOW) Due to Elevated Valuation
• Negative Sentiment: Insider selling: a Snowflake director recently sold roughly $17.7M of shares, and the move was flagged by market coverage — typically perceived as a negative near‑term signal. Insider Selling: Snowflake (NYSE:SNOW) Director Sells $17,691,000.00 in Stock
• Negative Sentiment: Additional analyst target cuts and the recent big pullback have reinforced valuation concerns; these headline revisions can pressure the stock even when fundamentals (revenue growth, product momentum) remain constructive. Analyst Coverage/Price Target Notes

Snowflake Stock Performance

Snowflake stock opened at $157.24 on Tuesday. 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 firm has a 50-day moving average of $203.13 and a 200-day moving average of $223.68. The firm has a market cap of $53.81 billion, a P/E ratio of -38.92 and a beta of 1.14. Snowflake Inc. has a 1-year low of $120.10 and a 1-year high of $280.67.

Snowflake (NYSE:SNOW) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the business earned $0.20 EPS. Snowflake’s revenue was up 28.7% compared to the same quarter last year. Sell-side analysts expect that Snowflake Inc. will post -2.36 EPS for the current year.

Wall Street Analyst Weigh In

SNOW has been the subject of a number of recent research reports. Mizuho lowered their price objective on shares of Snowflake from $285.00 to $220.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. Oppenheimer decreased their target price on shares of Snowflake from $295.00 to $250.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Needham & Company LLC restated a “buy” rating and set a $280.00 price target on shares of Snowflake in a research report on Thursday, December 4th. Argus raised Snowflake from a “hold” rating to a “buy” rating and set a $300.00 price objective on the stock in a research note on Thursday, January 8th. Finally, Jefferies Financial Group set a $300.00 target price on Snowflake in a research note on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $265.63.

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 the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $230.65, for a total transaction of $11,610,459.70. Following the completion of the sale, the director directly owned 32,756 shares of the company’s stock, valued at approximately $7,555,171.40. This represents a 60.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 713,681 shares of company stock valued at $148,264,518 over the last three months. 6.80% of the stock is currently owned by corporate 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.