WD Rutherford LLC Has $4.08 Million Stock Position in Snowflake Inc. $SNOW

WD Rutherford LLC increased its stake in shares of Snowflake Inc. (NYSE:SNOW) by 21.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,610 shares of the company’s stock after buying an additional 3,330 shares during the period. Snowflake accounts for approximately 1.7% of WD Rutherford LLC’s holdings, making the stock its 26th biggest holding. WD Rutherford LLC’s holdings in Snowflake were worth $4,082,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Federated Hermes Inc. boosted its stake in Snowflake by 13.5% during the third quarter. Federated Hermes Inc. now owns 408,037 shares of the company’s stock valued at $92,047,000 after buying an additional 48,411 shares in the last quarter. Assetmark Inc. boosted its stake in Snowflake by 99.1% during the fourth quarter. Assetmark Inc. now owns 198,655 shares of the company’s stock valued at $43,577,000 after buying an additional 98,870 shares in the last quarter. Jennison Associates LLC boosted its stake in Snowflake by 27.7% during the fourth quarter. Jennison Associates LLC now owns 11,603,302 shares of the company’s stock valued at $2,545,300,000 after buying an additional 2,519,413 shares in the last quarter. William Blair Investment Management LLC bought a new position in Snowflake during the third quarter valued at about $116,882,000. Finally, Penserra Capital Management LLC boosted its position in shares of Snowflake by 32.8% in the 3rd quarter. Penserra Capital Management LLC now owns 153,358 shares of the company’s stock valued at $34,586,000 after purchasing an additional 37,911 shares during the period. 65.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Canaccord Genuity Group decreased their price target on Snowflake from $270.00 to $240.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. The Goldman Sachs Group decreased their price target on Snowflake from $286.00 to $246.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Citigroup decreased their price target on Snowflake from $300.00 to $270.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Mizuho decreased their price target on Snowflake from $285.00 to $220.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. Finally, UBS Group decreased their price target on Snowflake from $235.00 to $210.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $242.19.

Snowflake Trading Up 0.1%

Shares of NYSE SNOW opened at $157.57 on Monday. Snowflake Inc. has a one year low of $118.30 and a one year high of $280.67. The firm has a market capitalization of $54.47 billion, a PE ratio of -39.89 and a beta of 1.08. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.18. The business has a 50-day moving average price of $155.02 and a two-hundred day moving average price of $196.25.

Snowflake (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period last year, the company posted $0.30 EPS. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. As a group, analysts predict that Snowflake Inc. will post -2.16 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Frank Slootman sold 11,299 shares of Snowflake stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $175.25, for a total transaction of $1,980,149.75. Following the completion of the sale, the director directly owned 38,046 shares in the company, valued at $6,667,561.50. The trade was a 22.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael L. Speiser sold 403 shares of Snowflake stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $141.59, for a total value of $57,060.77. Following the sale, the director owned 22,509 shares of the company’s stock, valued at approximately $3,187,049.31. This represents a 1.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 384,313 shares of company stock worth $64,308,373. Corporate insiders own 6.80% of the company’s stock.

Snowflake News Roundup

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

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.