Rathbones Group PLC Has $1.60 Million Holdings in Snowflake Inc. $SNOW

Rathbones Group PLC lifted its holdings in Snowflake Inc. (NYSE:SNOW) by 112.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,289 shares of the company’s stock after acquiring an additional 3,860 shares during the quarter. Rathbones Group PLC’s holdings in Snowflake were worth $1,599,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Grey Fox Wealth Advisors LLC acquired a new position in Snowflake during the 3rd quarter worth $25,000. GoalVest Advisory LLC lifted its holdings in Snowflake by 221.4% during the 4th quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock worth $30,000 after buying an additional 93 shares in the last quarter. Physician Wealth Advisors Inc. lifted its holdings in Snowflake by 56.0% during the 4th quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock worth $31,000 after buying an additional 51 shares in the last quarter. HHM Wealth Advisors LLC lifted its holdings in Snowflake by 50.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock worth $33,000 after buying an additional 50 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new position in Snowflake during the 3rd quarter worth $34,000. 65.10% of the stock is owned by institutional investors and hedge funds.

Snowflake Stock Performance

Shares of Snowflake stock opened at $171.98 on Friday. The firm has a fifty day moving average of $153.88 and a two-hundred day moving average of $193.16. The stock has a market capitalization of $59.45 billion, a price-to-earnings ratio of -43.54 and a beta of 1.08. Snowflake Inc. has a 52 week low of $118.30 and a 52 week high of $280.67. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.30 and a current ratio of 1.30.

Snowflake (NYSE:SNOW) last issued its earnings results on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.27 by $0.05. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS. As a group, equities research analysts predict that Snowflake Inc. will post -2.16 EPS for the current year.

Insider Activity at Snowflake

In related news, SVP Vivek Raghunathan sold 3,876 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $152.80, for a total value of $592,252.80. Following the completion of the sale, the senior vice president owned 273,323 shares in the company, valued at $41,763,754.40. This represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Emily Ho sold 2,141 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $173.97, for a total transaction of $372,469.77. Following the completion of the sale, the chief accounting officer owned 44,553 shares of the company’s stock, valued at approximately $7,750,885.41. This represents a 4.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 428,963 shares of company stock worth $71,996,216. 6.80% of the stock is owned by company insiders.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Bank of America raised its price target on Snowflake to $205 and reiterated a Buy rating, citing sustained enterprise demand, early traction in AI-driven workflow tools, and better execution confidence. Snowflake seen delivering strong quarter as Bank of America lifts price target
• Positive Sentiment: Citizens JMP reaffirmed its Market Outperform rating and set a much higher $325 target, reflecting confidence that Snowflake’s AI platform growth can keep accelerating. Benzinga report on Citizens JMP rating
• Positive Sentiment: Snowflake is gaining investor attention ahead of its next earnings report, with traders looking for a catalyst if results or guidance beat expectations. Dear Snowflake stock fans, mark your calendars for May 27
• Positive Sentiment: Recent coverage says Snowflake is expanding its AI ecosystem through partnerships and product integrations, which could support longer-term enterprise adoption and revenue growth. Snowflake Expands AI Ecosystem As Partnerships Deepen Everyday Enterprise Workflows
• Neutral Sentiment: Analysts and media have highlighted Snowflake’s strong customer growth and AI partnerships, but also pointed to heavier competition from Alphabet and Amazon. Snowflake Rides on Growing Customer Base: More Upside Ahead?
• Neutral Sentiment: Some commentary suggests the stock’s recent weakness was more of a pause after a strong run than a sign of a new company-specific problem. Why Snowflake Stock Is Falling On Wednesday?
• Negative Sentiment: Director Frank Slootman disclosed a large share sale, which can weigh on sentiment even though it was made under a pre-arranged trading plan. SEC Form 4 filing

Analyst Ratings Changes

Several research firms have issued reports on SNOW. Scotiabank reduced their price objective on Snowflake from $290.00 to $205.00 and set a “sector outperform” rating on the stock in a report on Thursday, February 26th. Stifel Nicolaus set a $205.00 price objective on Snowflake in a report on Thursday, February 26th. Morgan Stanley reduced their price objective on Snowflake from $270.00 to $245.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Piper Sandler reduced their price objective on Snowflake from $285.00 to $230.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Finally, JPMorgan Chase & Co. reduced their price objective on Snowflake from $268.00 to $245.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Snowflake has a consensus rating of “Moderate Buy” and a consensus target price of $242.19.

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.