Eurizon Capital SGR S.p.A. Makes New $28.66 Million Investment in Snowflake Inc. $SNOW

Eurizon Capital SGR S.p.A. bought a new position in shares of Snowflake Inc. (NYSE:SNOW) in the fourth quarter, Holdings Channel.com reports. The firm bought 130,630 shares of the company’s stock, valued at approximately $28,661,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jennison Associates LLC lifted its holdings in shares of Snowflake by 27.7% in the fourth quarter. Jennison Associates LLC now owns 11,603,302 shares of the company’s stock worth $2,545,300,000 after buying an additional 2,519,413 shares in the last quarter. Coatue Management LLC purchased a new stake in shares of Snowflake in the third quarter worth about $441,277,000. American Century Companies Inc. lifted its holdings in shares of Snowflake by 233.3% in the third quarter. American Century Companies Inc. now owns 2,104,925 shares of the company’s stock worth $474,766,000 after buying an additional 1,473,354 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Snowflake by 5.1% in the fourth quarter. Vanguard Group Inc. now owns 30,095,687 shares of the company’s stock worth $6,601,790,000 after buying an additional 1,448,094 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Snowflake by 445.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,490,569 shares of the company’s stock worth $326,971,000 after buying an additional 1,217,350 shares in the last quarter. Institutional investors own 65.10% of the company’s stock.

Wall Street Analyst Weigh In

SNOW has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Snowflake from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday. Stifel Nicolaus increased their price target on shares of Snowflake from $205.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday. Oppenheimer increased their price target on shares of Snowflake from $250.00 to $295.00 and gave the stock an “outperform” rating in a report on Thursday. Scotiabank reissued an “outperform” rating on shares of Snowflake in a report on Thursday. Finally, Morgan Stanley increased their price target on shares of Snowflake from $245.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.38.

Insider Activity at Snowflake

In other news, Director Michael L. Speiser sold 403 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $141.59, for a total transaction of $57,060.77. Following the sale, the director owned 22,509 shares in the company, valued at approximately $3,187,049.31. This trade represents a 1.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Vivek Raghunathan sold 3,876 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $152.80, for a total transaction of $592,252.80. Following the sale, the senior vice president owned 273,323 shares in the company, valued at approximately $41,763,754.40. This trade represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 889,413 shares of company stock worth $176,342,125. Corporate insiders own 4.80% of the company’s stock.

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

Snowflake Stock Performance

Snowflake stock opened at $255.94 on Friday. The firm’s fifty day moving average price is $156.69 and its 200-day moving average price is $190.95. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market cap of $88.48 billion, a P/E ratio of -72.71 and a beta of 1.08. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $280.67.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.07. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Snowflake had a negative net margin of 23.79% and a negative return on equity of 49.29%. The business’s quarterly revenue was up 33.5% on a year-over-year basis. During the same quarter last year, the company posted $0.24 EPS. On average, equities research analysts expect that Snowflake Inc. will post -2.2 earnings per share for the current fiscal year.

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.