Werba Rubin Papier Wealth Management Sells 2,792 Shares of Snowflake Inc. $SNOW

Werba Rubin Papier Wealth Management reduced its position in Snowflake Inc. (NYSE:SNOW) by 27.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,252 shares of the company’s stock after selling 2,792 shares during the period. Werba Rubin Papier Wealth Management’s holdings in Snowflake were worth $1,636,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Snowflake by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 27,789,761 shares of the company’s stock valued at $6,218,515,000 after purchasing an additional 595,553 shares during the last quarter. Jennison Associates LLC increased its holdings in Snowflake by 13.5% during the third quarter. Jennison Associates LLC now owns 9,083,889 shares of the company’s stock valued at $2,048,871,000 after buying an additional 1,083,222 shares during the last quarter. State Street Corp raised its position in Snowflake by 1.4% in the second quarter. State Street Corp now owns 6,887,073 shares of the company’s stock worth $1,541,120,000 after acquiring an additional 94,293 shares during the period. Artisan Partners Limited Partnership boosted its stake in shares of Snowflake by 15.2% during the 2nd quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company’s stock worth $1,108,045,000 after acquiring an additional 652,485 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Snowflake by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 4,424,120 shares of the company’s stock valued at $986,057,000 after acquiring an additional 133,059 shares during the period. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insider Buying and Selling at Snowflake

In related news, CAO Emily Ho sold 1,072 shares of the company’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $223.63, for a total transaction of $239,731.36. Following the sale, the chief accounting officer owned 43,809 shares of the company’s stock, valued at $9,797,006.67. This represents a 2.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Vivek Raghunathan sold 11,801 shares of Snowflake stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $220.44, for a total transaction of $2,601,412.44. Following the completion of the transaction, the senior vice president directly owned 218,020 shares of the company’s stock, valued at $48,060,328.80. The trade was a 5.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 613,681 shares of company stock worth $136,052,145. Company insiders own 6.80% of the company’s stock.

Snowflake Stock Performance

Shares of NYSE SNOW opened at $192.66 on Friday. The firm’s fifty day moving average is $223.34 and its two-hundred day moving average is $227.90. Snowflake Inc. has a 52-week low of $120.10 and a 52-week high of $280.67. The company has a market cap of $65.93 billion, a P/E ratio of -47.69 and a beta of 1.14. 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 (NYSE:SNOW) last issued its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.04. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period in the previous year, the firm posted $0.20 earnings per share. The business’s revenue was up 28.7% compared to the same quarter last year. As a group, analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: DA Davidson reaffirmed a “buy” rating and set a $300 price target (roughly a ~56% upside vs. the current price), a reiteration that can attract momentum buyers and long‑term investors. Benzinga
• Positive Sentiment: Snowflake launched an AI Energy Solutions suite and announced partnerships aimed at serving power generation and utility customers — a product expansion that could open new enterprise workloads and revenue streams if adopted at scale. DatacenterDynamics: Snowflake AI launches energy solutions suite
• Positive Sentiment: Press releases describe partnerships (Visionaize, Streamline Control) to accelerate AI‑driven energy operations, reinforcing go‑to‑market traction in the energy vertical. Visionaize partnership
• Neutral Sentiment: Coverage pieces (including an opinion/positioning article on AI opportunities) highlight Snowflake’s market positioning in AI but also caution about hype—useful context for longer‑term thesis but not an immediate catalyst. Forbes: Mind The Gaps
• Neutral Sentiment: Recent market commentary noted the stock had earlier risen, reflecting ongoing interest; this provides context that today’s weakness is a pullback within a volatile trend. Zacks: Snowflake ascends while market falls
• Negative Sentiment: Johnson Fistel disclosed an investigation into whether Snowflake or its executives complied with securities laws, which can increase legal risk, create headline volatility, and prompt investor caution until details are resolved. GlobeNewswire: Johnson Fistel investigation

Analysts Set New Price Targets

SNOW has been the topic of a number of recent research reports. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $237.00 target price on shares of Snowflake in a report on Thursday, December 4th. Oppenheimer restated an “outperform” rating on shares of Snowflake in a research note on Friday, November 21st. Cantor Fitzgerald lifted their price target on shares of Snowflake from $275.00 to $278.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Citigroup reduced their price objective on shares of Snowflake from $310.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Finally, Macquarie raised their price objective on shares of Snowflake from $235.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $275.58.

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.