National Pension Service Acquires 32,325 Shares of Snowflake Inc. $SNOW

National Pension Service boosted its position in shares of Snowflake Inc. (NYSE:SNOW) by 5.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 655,686 shares of the company’s stock after acquiring an additional 32,325 shares during the quarter. National Pension Service’s holdings in Snowflake were worth $143,831,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Snowflake by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 30,095,687 shares of the company’s stock valued at $6,601,790,000 after buying an additional 1,448,094 shares during the last quarter. Jennison Associates LLC raised its holdings in Snowflake by 27.7% during the 4th quarter. Jennison Associates LLC now owns 11,603,302 shares of the company’s stock valued at $2,545,300,000 after buying an additional 2,519,413 shares during the last quarter. Geode Capital Management LLC raised its holdings in Snowflake by 5.5% during the 4th quarter. Geode Capital Management LLC now owns 4,809,689 shares of the company’s stock valued at $1,052,195,000 after buying an additional 249,668 shares during the last quarter. American Century Companies Inc. raised its holdings in Snowflake by 233.3% during the 3rd quarter. American Century Companies Inc. now owns 2,104,925 shares of the company’s stock valued at $474,766,000 after buying an additional 1,473,354 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Snowflake by 2.7% during the 3rd quarter. Northern Trust Corp now owns 2,089,150 shares of the company’s stock valued at $471,208,000 after buying an additional 55,683 shares during the last quarter. 65.10% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Snowflake

In other news, Director Michael L. Speiser sold 403 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $141.59, for a total value of $57,060.77. Following the sale, the director directly owned 22,509 shares of the company’s stock, valued at $3,187,049.31. This represents a 1.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank Slootman sold 400,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $233.42, for a total transaction of $93,368,000.00. Following the completion of the sale, the director directly owned 38,046 shares in the company, valued at $8,880,697.32. This represents a 91.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 889,413 shares of company stock valued at $176,342,125 over the last 90 days. 4.80% of the stock is owned by corporate insiders.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake beat Q1 expectations, raised product revenue guidance, and pointed to stronger demand for its AI offerings, reinforcing the growth story. Article Title
• Positive Sentiment: The company’s $6 billion AWS partnership is being viewed as a major AI infrastructure catalyst that could deepen enterprise adoption. Article Title
• Positive Sentiment: Analysts raised price targets and maintained bullish ratings after the earnings report, signaling growing confidence in SNOW’s upside. Article Title
• Positive Sentiment: Snowflake is being repriced as a key “agentic AI” data platform, with investors seeing it as foundational infrastructure for enterprise AI workflows. Article Title
• Neutral Sentiment: Director Frank Slootman disclosed a pre-arranged share sale under a 10b5-1 trading plan, which is noteworthy but not necessarily a negative signal on the business. Article Title

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Cantor Fitzgerald upped their price target on shares of Snowflake from $225.00 to $282.00 and gave the company an “overweight” rating in a report on Thursday. Scotiabank reiterated an “outperform” rating on shares of Snowflake in a report on Thursday. UBS Group upped their price target on shares of Snowflake from $210.00 to $325.00 and gave the company a “buy” rating in a report on Thursday. The Goldman Sachs Group upped their price target on shares of Snowflake from $216.00 to $278.00 and gave the company a “buy” rating in a report on Thursday. Finally, Wedbush upped their price target on shares of Snowflake from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $284.38.

Snowflake Stock Up 7.0%

NYSE:SNOW opened at $255.94 on Friday. The firm’s 50-day moving average price is $156.69 and its 200-day moving average price is $190.95. The company has a market capitalization of $88.48 billion, a PE ratio of -72.71 and a beta of 1.08. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.30 and a quick ratio of 1.30. Snowflake Inc. has a 1-year low of $118.30 and a 1-year high of $280.67.

Snowflake (NYSE:SNOW) last released its earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $1.39 billion for 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 49.29%. The company’s revenue was up 33.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS. On average, equities analysts predict that Snowflake Inc. will post -2.16 EPS for the current fiscal year.

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.