Dana Investment Advisors Inc. Has $19.05 Million Stock Position in Snowflake Inc. $SNOW

Dana Investment Advisors Inc. increased its position in shares of Snowflake Inc. (NYSE:SNOW) by 17.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 86,852 shares of the company’s stock after purchasing an additional 12,748 shares during the period. Dana Investment Advisors Inc.’s holdings in Snowflake were worth $19,052,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Snowflake in the third quarter worth approximately $25,000. GoalVest Advisory LLC raised its stake in shares of 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 last quarter. Physician Wealth Advisors Inc. raised its stake in shares of 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 last quarter. HHM Wealth Advisors LLC raised its stake in shares of 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 last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of Snowflake in the third quarter worth approximately $34,000. 65.10% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Snowflake

In related news, Director Michael L. Speiser sold 50,338 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $175.19, for a total value of $8,818,714.22. Following the sale, the director directly owned 30,236 shares in the company, valued at approximately $5,297,044.84. The trade was a 62.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Frank Slootman sold 100,000 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $176.91, for a total value of $17,691,000.00. Following the completion of the sale, the director owned 50,329 shares in the company, valued at $8,903,703.39. This represents a 66.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 384,313 shares of company stock worth $64,308,373 over the last 90 days. 6.80% of the stock is owned by insiders.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Dataiku launched Cobuild on Snowflake, a joint offering that turns natural-language prompts into governed AI agents and workflows inside Snowflake, highlighting growing enterprise adoption of Snowflake Cortex AI and its broader AI ecosystem. Article Title
• Positive Sentiment: Zeta Global joined Snowflake’s Open Semantic Interchange initiative, which aims to create a universal data standard for AI-powered marketing and could strengthen Snowflake’s role as an industry platform. Article Title
• Positive Sentiment: Bedrock Data expanded its free governance offering to Snowflake Cortex, adding agent discovery and data access mapping, which may improve compliance and make Snowflake more attractive to regulated customers. Article Title
• Positive Sentiment: Blend achieved Snowflake Elite Partner status and expanded integrations with Snowflake Intelligence and Cortex Code, signaling a healthier partner ecosystem around Snowflake’s AI products. Article Title
• Neutral Sentiment: Analyst commentary remains split: one recent note argued Snowflake’s risk/reward is improving thanks to AI-driven demand and beat-and-raise potential, while another said expenses still need to subside before margins meaningfully improve. Article Title
• Negative Sentiment: One report highlighted insider selling of about $11 million over the past year, which can raise investor concern about management’s confidence in the near-term stock outlook. Article Title

Wall Street Analysts Forecast Growth

Several analysts have recently commented on SNOW shares. Canaccord Genuity Group lowered their price objective on Snowflake from $270.00 to $240.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Sanford C. Bernstein lowered their price objective on Snowflake from $237.00 to $195.00 and set a “market perform” rating for the company in a research note on Thursday, February 26th. Piper Sandler lowered their price objective on Snowflake from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Oppenheimer reissued a “buy” rating on shares of Snowflake in a research note on Thursday, February 26th. Finally, Wells Fargo & Company lowered their price objective on Snowflake from $290.00 to $210.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $242.19.

Snowflake Stock Performance

SNOW stock opened at $157.57 on Friday. The firm has a market cap of $54.47 billion, a PE ratio of -39.89 and a beta of 1.08. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.18. The business has a 50 day moving average of $155.02 and a 200-day moving average of $196.74. Snowflake Inc. has a 12-month low of $118.30 and a 12-month high of $280.67.

Snowflake (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.05. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the company earned $0.30 earnings per share. Snowflake’s revenue was up 30.1% compared to the same quarter last year. As a group, sell-side analysts expect that Snowflake Inc. will post -2.16 earnings per share for the current year.

Snowflake 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.