Cache Advisors LLC Reduces Stock Holdings in Snowflake Inc. $SNOW

Cache Advisors LLC lowered its position in shares of Snowflake Inc. (NYSE:SNOW) by 63.6% during the first quarter, HoldingsChannel reports. The firm owned 4,048 shares of the company’s stock after selling 7,084 shares during the period. Cache Advisors LLC’s holdings in Snowflake were worth $611,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SNOW. Total Clarity Wealth Management Inc. lifted its holdings in Snowflake by 2.7% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock worth $340,000 after buying an additional 40 shares in the last quarter. Diligent Investors LLC grew its stake in shares of Snowflake by 0.9% during the third quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock valued at $1,036,000 after acquiring an additional 40 shares in the last quarter. Wolff Wiese Magana LLC increased its position in shares of Snowflake by 10.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 549 shares of the company’s stock worth $120,000 after acquiring an additional 50 shares during the last quarter. HHM Wealth Advisors LLC raised its position in shares of Snowflake by 50.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock valued at $33,000 after purchasing an additional 50 shares in the last quarter. Finally, United Asset Strategies Inc. raised its holdings in Snowflake by 1.4% in the fourth quarter. United Asset Strategies Inc. now owns 3,544 shares of the company’s stock valued at $777,000 after acquiring an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insider Buying and Selling at Snowflake

In other news, Director Michael L. Speiser sold 50,338 shares of the stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $148.21, for a total transaction of $7,460,594.98. Following the sale, the director directly owned 29,396 shares in the company, valued at approximately $4,356,781.16. This represents a 63.13% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Garrett sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $250.00, for a total value of $25,000,000.00. Following the completion of the sale, the director directly owned 8,801 shares in the company, valued at approximately $2,200,250. This trade represents a 91.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,688,856 shares of company stock worth $387,567,555 over the last ninety days. Company insiders own 4.80% of the company’s stock.

Snowflake Trading Up 1.7%

Snowflake stock opened at $230.53 on Wednesday. The firm’s 50-day moving average is $186.25 and its 200-day moving average is $188.85. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.05 and a current ratio of 1.05. Snowflake Inc. has a 1 year low of $118.30 and a 1 year high of $284.99. The company has a market cap of $79.90 billion, a P/E ratio of -65.49 and a beta of 1.35.

Snowflake (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. Snowflake had a negative net margin of 23.79% and a negative return on equity of 50.50%. The company’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.24 EPS. On average, equities analysts expect that Snowflake Inc. will post -1.87 earnings per share for the current year.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Truist reiterated a Buy rating and raised its price target on Snowflake to $300 from $275, citing constructive customer feedback after Snowflake Summit 2026. This is a notable signal that analysts still see room for upside. Truist Remains Bullish on Snowflake Inc. (SNOW)
• Positive Sentiment: Snowflake’s fifth annual Modern Marketing Data Stack report spotlighted a broad partner ecosystem, with multiple companies named “Leader” or “One to Watch.” That reinforces Snowflake’s role as a key platform for governed data activation and AI-driven marketing. Snowplow Recognized as Leader in Snowflake’s Modern Marketing Data Stack Report for Third Consecutive Year
• Positive Sentiment: Snowflake expanded its partnership with Marketplacer to bring AI automation and marketplace intelligence to enterprise commerce, adding another sign of growing demand for Snowflake’s AI and data-cloud capabilities. Snowflake (SNOW) Expands Marketplacer Tie Up As AI Partner Recognition Grows
• Neutral Sentiment: Several partners, including RudderStack, Hightouch, Sigma, Amperity, Iterable, Acxiom, Tealium, Adstra, Verato, Ketch, Denodo, Piano, and others, announced Snowflake recognition at Cannes Lions. These headlines are mostly ecosystem/branding updates and may not have a direct near-term earnings impact. Hightouch Recognized as a Leader in Snowflake’s Modern Marketing Data Stack Report for Activation and Delivery
• Negative Sentiment: Director Frank Slootman sold 200,000 shares of Snowflake stock in a pre-arranged transaction worth about $44.9 million. Although the sale was under a 10b5-1 plan, insider selling can still weigh on sentiment. Insider Selling: Snowflake (NYSE:SNOW) Director Sells $44,854,000.00 in Stock

Analysts Set New Price Targets

A number of research analysts have commented on SNOW shares. BTIG Research increased their price objective on shares of Snowflake from $280.00 to $325.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Citizens Jmp reissued a “market outperform” rating and issued a $325.00 target price on shares of Snowflake in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Snowflake from $230.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. lifted their price target on Snowflake from $245.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Finally, Wells Fargo & Company boosted their price objective on Snowflake from $210.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $293.53.

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.