Adams Diversified Equity Fund Inc. Acquires New Holdings in Snowflake Inc. $SNOW

Adams Diversified Equity Fund Inc. bought a new position in Snowflake Inc. (NYSE:SNOW) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 68,200 shares of the company’s stock, valued at approximately $15,383,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH acquired a new stake in shares of Snowflake in the second quarter worth $25,000. Avion Wealth lifted its position in Snowflake by 76.6% during the 2nd quarter. Avion Wealth now owns 113 shares of the company’s stock worth $25,000 after acquiring an additional 49 shares during the last quarter. Tripletail Wealth Management LLC acquired a new position in Snowflake during the 3rd quarter worth $28,000. Rossby Financial LCC boosted its holdings in Snowflake by 4,233.3% during the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock valued at $29,000 after acquiring an additional 127 shares during the period. Finally, SJS Investment Consulting Inc. boosted its holdings in 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 acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analyst upgrades and higher price targets are supporting upside expectations — several brokerages have raised targets (examples include JMP, Canaccord and Robert W. Baird) and MarketBeat highlighted Snowflake among its most upgraded 2025 names, reinforcing buy-side momentum. 2025’s Most Upgraded Stocks—And What 2026 Might Hold
• Positive Sentiment: Institutional investors remain heavily invested — major holders (Vanguard, Jennison, State Street, Artisan) have sizable positions and recent filings cited increases or large stakes, which supports liquidity and longer-term demand for shares. SNOW stock overview
• Neutral Sentiment: Analysts and commentators are re‑assessing valuation after a recent pullback — coverage (including a valuation piece) is helping frame whether the current price ranges present a buying opportunity vs. risk given Snowflake’s growth and negative GAAP margins. Assessing Snowflake’s (SNOW) Valuation After Its Recent Share Price Pullback
• Neutral Sentiment: Broader AI/FinOps ecosystem moves may indirectly affect Snowflake — news such as Flexera’s FinOps acquisitions highlight ongoing vendor consolidation in cloud cost optimization; this is relevant to Snowflake customers managing cloud spend but not an immediate company-specific event. Flexera acquires ProsperOps and Chaos Genius
• Neutral Sentiment: Reports suggest tension or recalibration around a Google Gemini relationship — coverage characterizes the development as a pullback/softening in the partnership narrative, which could affect sentiment on Snowflake’s AI model access and partner strategy; implications depend on how Snowflake re‑positions model integrations. Snowflake gets frosty with Google Gemini
• Negative Sentiment: Insider selling: multiple senior executives and a director disclosed sizable stock sales (Christian Kleinerman, Vivek Raghunathan, Michael L. Speiser), which can weigh on near‑term sentiment despite common explanations (planned diversification, tax/liquidity events). See filings for details. Kleinerman SEC filing Raghunathan SEC filing Speiser SEC filing

Insiders Place Their Bets

In related news, Director Frank Slootman sold 200,000 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $221.83, for a total value of $44,366,000.00. Following the completion of the transaction, the director owned 50,329 shares of the company’s stock, valued at $11,164,482.07. This represents a 79.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Emily Ho sold 1,072 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $223.63, for a total transaction of $239,731.36. Following the transaction, the chief accounting officer owned 43,809 shares of the company’s stock, valued at approximately $9,797,006.67. This represents a 2.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 418,681 shares of company stock valued at $96,073,145 over the last 90 days. Company insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Scotiabank reiterated an “outperform” rating on shares of Snowflake in a research note on Thursday, December 4th. Stifel Nicolaus lifted their price target on Snowflake from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Mizuho upped their price target on Snowflake from $260.00 to $285.00 and gave the stock an “outperform” rating in a report on Monday, November 17th. JMP Securities increased their price objective on Snowflake from $283.00 to $325.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 28th. Finally, KeyCorp boosted their target price on shares of Snowflake from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $275.32.

Snowflake Stock Performance

SNOW opened at $234.44 on Wednesday. The stock’s 50 day simple moving average is $241.50 and its 200-day simple moving average is $229.03. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The stock has a market cap of $80.23 billion, a PE ratio of -58.03 and a beta of 1.14. Snowflake Inc. has a 1 year low of $120.10 and a 1 year high of $280.67.

Snowflake (NYSE:SNOW) last issued its earnings results on Wednesday, December 3rd. The company reported $0.35 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 during the quarter, compared to analysts’ expectations of $1.18 billion. During the same period last year, the business earned $0.20 earnings per share. Snowflake’s quarterly revenue was up 28.7% compared to the same quarter last year. Sell-side 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.