Snowflake Inc. $SNOW Shares Sold by Liontrust Investment Partners LLP

Liontrust Investment Partners LLP decreased its stake in Snowflake Inc. (NYSE:SNOW) by 60.8% during the first quarter, Holdings Channel reports. The institutional investor owned 45,792 shares of the company’s stock after selling 71,009 shares during the quarter. Liontrust Investment Partners LLP’s holdings in Snowflake were worth $6,906,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Silicon Valley Capital Partners lifted its holdings in Snowflake by 5,287.9% in the first quarter. Silicon Valley Capital Partners now owns 53,879 shares of the company’s stock valued at $8,126,000 after acquiring an additional 52,879 shares during the period. Royal Fund Management LLC grew its stake in shares of Snowflake by 19.6% during the 1st quarter. Royal Fund Management LLC now owns 22,703 shares of the company’s stock worth $3,424,000 after purchasing an additional 3,715 shares during the period. Ariadne Wealth Management LP grew its stake in shares of Snowflake by 20.9% during the 1st quarter. Ariadne Wealth Management LP now owns 3,718 shares of the company’s stock worth $561,000 after purchasing an additional 644 shares during the period. Edgestream Partners L.P. increased its holdings in shares of Snowflake by 430.7% during the 1st quarter. Edgestream Partners L.P. now owns 17,512 shares of the company’s stock valued at $2,641,000 after purchasing an additional 14,212 shares in the last quarter. Finally, H&H International Investment LLC purchased a new position in shares of Snowflake during the 1st quarter valued at approximately $1,508,000. 65.10% of the stock is currently owned by hedge funds and other institutional investors.

Snowflake Stock Up 5.4%

NYSE SNOW opened at $298.05 on Friday. The business has a fifty day moving average price of $248.27 and a 200 day moving average price of $196.68. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $103.31 billion, a P/E ratio of -84.67 and a beta of 1.35. Snowflake Inc. has a one year low of $118.30 and a one year high of $298.23.

Snowflake (NYSE:SNOW) last announced its earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.07. Snowflake had a negative net margin of 23.79% and a negative return on equity of 50.50%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the company posted $0.24 EPS. The firm’s quarterly revenue was up 33.5% on a year-over-year basis. Research analysts anticipate that Snowflake Inc. will post -1.84 EPS for the current fiscal year.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Wells Fargo raised its valuation outlook substantially. The firm reportedly sees an $500 price target, implying significant additional upside, and argues that concerns about AI disrupting software have been overdone. The bullish call is helping reinforce the market’s renewed optimism toward Snowflake’s growth prospects. Wells Fargo sees a massive number in Snowflake’s future
• Positive Sentiment: Snowflake joined Cursor’s Benchmark Partners program alongside AWS, Databricks, McKinsey, BCG and NVIDIA. The partnership is intended to help enterprises deploy and scale AI-powered software development, potentially increasing Snowflake’s visibility and usage in enterprise AI workloads. Cursor Launches Benchmark Partners Program
• Positive Sentiment: Snowflake launched an AI-agent governance layer designed to monitor agent activity, improve security and control costs. The product addresses key barriers to enterprise AI adoption and supports the company’s broader push into governance, security and data management. Snowflake launches AI agent governance layer
• Positive Sentiment: Analysts highlighted Snowflake’s deepening enterprise AI push and approximately 30% product-revenue growth guidance as potential catalysts for further gains. The stock’s recent advance and new high suggest investors are rewarding evidence that AI may expand, rather than undermine, demand for Snowflake’s platform. Snowflake’s Enterprise AI Push Deepens
• Neutral Sentiment: NTT DATA and Snowflake cautioned that identity controls alone will not secure enterprise AI agents. The discussion underscores the need for broader governance and monitoring tools—an opportunity for Snowflake, although it also highlights the complexity and execution challenges of the emerging market. NTT DATA AIVista and Snowflake
• Negative Sentiment: Insider selling remains a counterpoint. Directors Benoit Dageville and Frank Slootman sold sizeable blocks of SNOW shares, including approximately $18.4 million and $2.8 million transactions. The sales were disclosed as planned transactions, but they may raise valuation and insider-confidence concerns after the stock’s sharp recovery. Snowflake Director Benoit Dageville Sells Stock

Analyst Ratings Changes

A number of brokerages recently issued reports on SNOW. JPMorgan Chase & Co. increased their price target on shares of Snowflake from $245.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Needham & Company LLC lifted their price objective on shares of Snowflake from $300.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. KeyCorp upped their price objective on shares of Snowflake from $285.00 to $325.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Monness Crespi & Hardt increased their target price on shares of Snowflake from $282.00 to $320.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, The Goldman Sachs Group lifted their price target on Snowflake from $216.00 to $278.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Thirty-four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $296.27.

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, June 5th. The shares were sold at an average price of $245.21, for a total transaction of $12,343,380.98. Following the transaction, the director directly owned 27,716 shares in the company, valued at approximately $6,796,240.36. The trade was a 64.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $250.00, for a total transaction of $25,000,000.00. Following the sale, the director directly owned 8,801 shares of the company’s stock, valued at approximately $2,200,250. This represents a 91.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,051,274 shares of company stock valued at $496,879,031. Corporate insiders own 4.80% of the company’s stock.

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.