FUKOKU MUTUAL LIFE INSURANCE Co Sells 4,430 Shares of Snowflake Inc. $SNOW

FUKOKU MUTUAL LIFE INSURANCE Co reduced its stake in shares of Snowflake Inc. (NYSE:SNOW) by 73.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,573 shares of the company’s stock after selling 4,430 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Snowflake were worth $355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of SNOW. Grey Fox Wealth Advisors LLC purchased a new position in Snowflake during the third quarter valued at $25,000. Tripletail Wealth Management LLC purchased a new stake in Snowflake in the 3rd quarter worth $28,000. Rossby Financial LCC boosted its holdings in shares of Snowflake by 4,233.3% during the 2nd quarter. Rossby Financial LCC now owns 130 shares of the company’s stock valued at $29,000 after purchasing an additional 127 shares during the last quarter. SJS Investment Consulting Inc. grew its position in shares of Snowflake by 4,333.3% during the third quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock valued at $30,000 after purchasing an additional 130 shares in the last quarter. Finally, Golden State Wealth Management LLC grew its position in shares of Snowflake by 417.2% during the second quarter. Golden State Wealth Management LLC now owns 150 shares of the company’s stock valued at $34,000 after purchasing an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Vivek Raghunathan sold 11,801 shares of the company’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $220.44, for a total value of $2,601,412.44. Following the transaction, the senior vice president directly owned 218,020 shares in the company, valued at approximately $48,060,328.80. This represents a 5.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Frank Slootman sold 100,000 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $176.91, for a total transaction of $17,691,000.00. Following the completion of the transaction, the director directly owned 50,329 shares in the company, valued at $8,903,703.39. This represents a 66.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 713,681 shares of company stock valued at $148,264,518 in the last three months. 6.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on SNOW. Canaccord Genuity Group dropped their price target on Snowflake from $270.00 to $240.00 and set a “buy” rating for the company in a research note on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and set a $250.00 target price on shares of Snowflake in a research report on Monday. Scotiabank reduced their price target on shares of Snowflake from $290.00 to $205.00 and set a “sector outperform” rating on the stock in a research report on Thursday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Snowflake in a research note on Wednesday, January 21st. Finally, Zacks Research cut shares of Snowflake from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Snowflake presently has an average rating of “Moderate Buy” and an average target price of $248.58.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4 beat and AI tailwinds — Snowflake reported $1.28B revenue (+30% YoY), EPS above estimates and a large RPO/backlog; management guided FY27 product revenue above estimates, underpinned by enterprise AI adoption. Reuters: Snowflake expects annual product revenue above estimates
• Positive Sentiment: Longer‑term bullish narrative — analysts and outlets highlight Snowflake as well‑positioned for AI workloads (agentic capabilities, Cortex AI, partnerships) and institutional accumulation has been notable, supporting a constructive medium‑term thesis. MarketBeat: Is Snowflake’s stock meltdown over?
• Neutral Sentiment: Mixed analyst response — many firms kept buy/overweight ratings but trimmed price targets after the report (UBS, Morgan Stanley, JP Morgan, Canaccord, etc.), leaving upside views but narrower leaf‑room that can mute near‑term upside. Benzinga: Analysts slash forecasts on Snowflake after Q4
• Neutral Sentiment: Volatile market reaction — shares initially rallied on the beat and AI narrative, then pared gains after management’s conservative cadence and analyst PT reductions; expect continued swings as investors parse bookings/RPO vs. forward margins. Yahoo Finance: Why Snowflake stock is trading up today
• Negative Sentiment: Legal risk: multiple law firms have filed or solicited lead‑plaintiff motions in a securities class action tied to a past class period; several investor‑notice deadlines are set (April 27) — this creates litigation overhang and potential headline risk. PR Newswire: Snowflake Inc. Sued for Securities Law Violations

Snowflake Trading Up 2.3%

SNOW opened at $173.03 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.37 and a current ratio of 1.37. The stock’s 50 day moving average price is $200.03 and its 200-day moving average price is $222.74. Snowflake Inc. has a one year low of $120.10 and a one year high of $280.67. The stock has a market cap of $59.21 billion, a price-to-earnings ratio of -43.81 and a beta of 1.14.

Snowflake (NYSE:SNOW) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.Snowflake’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS. On average, equities analysts forecast that Snowflake Inc. will post -2.36 EPS 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.