Schroder Investment Management Group Has $139.41 Million Holdings in Snowflake Inc. $SNOW

Schroder Investment Management Group grew its position in Snowflake Inc. (NYSE:SNOW) by 9.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 618,104 shares of the company’s stock after acquiring an additional 52,932 shares during the period. Schroder Investment Management Group’s holdings in Snowflake were worth $139,413,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SNOW. Brighton Jones LLC increased its stake in shares of Snowflake by 90.0% in the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock valued at $9,556,000 after buying an additional 29,320 shares during the period. Intech Investment Management LLC boosted its stake in Snowflake by 24.0% during the 1st quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock worth $1,637,000 after acquiring an additional 2,167 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Snowflake by 29.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock valued at $47,000 after buying an additional 73 shares during the period. Golden State Wealth Management LLC increased its holdings in shares of Snowflake by 417.2% in the second quarter. Golden State Wealth Management LLC now owns 150 shares of the company’s stock worth $34,000 after acquiring an additional 121 shares in the last quarter. Finally, Modera Wealth Management LLC increased its stake in Snowflake by 6.2% during the 2nd quarter. Modera Wealth Management LLC now owns 2,534 shares of the company’s stock worth $567,000 after purchasing an additional 149 shares in the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analyst/feature bullishness — A recent deep-dive recommends SNOW as a buy, citing 30% revenue growth, strong bookings, raised product-revenue and margin guidance, and accelerating AI products (Cortex Code, Snowflake Intelligence) that added 740 customers last quarter — supportive for near- to medium-term growth expectations. Snowflake: A New Chapter In Its Growth Journey
• Positive Sentiment: Broader AI narrative and portfolio interest — Retail/press pieces highlight Snowflake alongside other AI leaders as a multi-year winner from AI and fintech adoption, which can drive renewed investor demand and multiple expansion on AI wins. Inside my 61% portfolio surge
• Neutral Sentiment: Mixed near-term performance review — Coverage notes a 19% three‑month decline due to margin pressure and competition, but still acknowledges strong AI adoption and enterprise deals; this frames the stock as a higher‑upside, higher‑volatility name. Is SNOW Stock a Buy, Hold, or Sell After a 19% Decline in Three Months?
• Negative Sentiment: Multiple securities class-action suits filed — Several law firms have announced lawsuits alleging Snowflake misrepresented the impact of product efficiency and pricing shifts on revenue (class period: June 27, 2023–Feb 28, 2024). Litigation increases legal/financial uncertainty and could pressure sentiment and the valuation multiple. Snowflake Faces Lawsuits As AI Expansion Reshapes Growth And Risk Profile
• Negative Sentiment: Insider stock sales — Director Michael L. Speiser reported large sales (50,338 shares at ~$175) on March 6, substantially reducing his holdings; significant insider selling can be viewed negatively by the market even if it’s for personal liquidity. SEC Form 4 — Michael L. Speiser

Snowflake Price Performance

Shares of NYSE SNOW opened at $182.63 on Tuesday. The stock has a market cap of $62.50 billion, a price-to-earnings ratio of -46.23 and a beta of 1.17. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.37 and a current ratio of 1.37. Snowflake Inc. has a fifty-two week low of $120.10 and a fifty-two week high of $280.67. The firm’s 50-day simple moving average is $193.01 and its 200 day simple moving average is $222.05.

Snowflake (NYSE:SNOW) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, topping 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 48.50%. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same period in the previous year, the company earned $0.30 earnings per share. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. As a group, research analysts anticipate that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Snowflake

In other news, Director Michael L. Speiser sold 403 shares of Snowflake stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $175.19, for a total value of $70,601.57. Following the completion of the transaction, the director owned 23,315 shares in the company, valued at $4,084,554.85. This trade represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christian Kleinerman sold 10,000 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $165.01, for a total value of $1,650,100.00. Following the sale, the executive vice president directly owned 510,477 shares in the company, valued at $84,233,809.77. This trade represents a 1.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 711,140 shares of company stock valued at $144,037,791 over the last three months. 6.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SNOW. The Goldman Sachs Group dropped their target price on Snowflake from $286.00 to $246.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Needham & Company LLC lowered their price target on shares of Snowflake from $280.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. DA Davidson dropped their price target on shares of Snowflake from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Oppenheimer restated a “buy” rating on shares of Snowflake in a research note on Thursday, February 26th. Finally, Barclays reduced their price target on shares of Snowflake from $204.00 to $192.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $248.58.

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.