Snowflake Inc. $SNOW Shares Bought by Cerity Partners LLC

Cerity Partners LLC lifted its position in shares of Snowflake Inc. (NYSE:SNOW) by 13.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 130,803 shares of the company’s stock after buying an additional 15,254 shares during the period. Cerity Partners LLC’s holdings in Snowflake were worth $29,503,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Coastline Trust Co increased its stake in Snowflake by 1.0% during the third quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock worth $943,000 after acquiring an additional 42 shares during the last quarter. Capital Advantage Inc. lifted its stake in shares of Snowflake by 1.1% in the 2nd quarter. Capital Advantage Inc. now owns 4,412 shares of the company’s stock valued at $987,000 after purchasing an additional 48 shares in the last quarter. Wedbush Securities Inc. grew its holdings in shares of Snowflake by 1.3% during the 2nd quarter. Wedbush Securities Inc. now owns 3,717 shares of the company’s stock worth $832,000 after purchasing an additional 48 shares during the period. Avion Wealth increased 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 purchasing an additional 49 shares in the last quarter. Finally, Insigneo Advisory Services LLC increased its position in Snowflake by 1.3% during the 2nd quarter. Insigneo Advisory Services LLC now owns 4,003 shares of the company’s stock worth $896,000 after purchasing an additional 52 shares in the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

Snowflake Trading Down 4.2%

Shares of SNOW opened at $223.72 on Friday. Snowflake Inc. has a one year low of $120.10 and a one year high of $280.67. The stock has a 50-day moving average price of $239.82 and a 200 day moving average price of $229.03. 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 company has a market capitalization of $76.56 billion, a P/E ratio of -55.38 and a beta of 1.14.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.04. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.18 billion. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.Snowflake’s revenue for the quarter was up 28.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 EPS. Sell-side analysts forecast that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SNOW. Jefferies Financial Group set a $300.00 price target on shares of Snowflake in a research report on Monday, November 24th. Canaccord Genuity Group lifted their target price on shares of Snowflake from $260.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Cantor Fitzgerald increased their price target on Snowflake from $275.00 to $278.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Cowen reissued a “buy” rating on shares of Snowflake in a research report on Thursday, December 4th. Finally, Robert W. Baird upped their target price on Snowflake from $260.00 to $270.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, three have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Snowflake currently has an average rating of “Moderate Buy” and an average target price of $275.97.

Insiders Place Their Bets

In other Snowflake news, SVP Vivek Raghunathan sold 11,801 shares of the firm’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $220.44, for a total transaction of $2,601,412.44. Following the completion of the transaction, the senior vice president directly owned 218,020 shares of the company’s stock, valued at $48,060,328.80. This trade represents a 5.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $219.90, for a total transaction of $2,199,000.00. Following the completion of the sale, the executive vice president directly owned 471,351 shares of the company’s stock, valued at $103,650,084.90. The trade was a 2.08% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 418,681 shares of company stock valued at $96,073,145. 6.80% of the stock is owned by insiders.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake announced it intends to acquire observability platform Observe — a product built on Snowflake’s tech that could deepen native monitoring and expand enterprise usage. This strategic tuck‑in supports Snowflake’s AI/data platform narrative. Snowflake announces its intent to buy observability platform Observe
• Positive Sentiment: Analyst upgrades and higher price targets are reinforcing upside expectations (example: Argus upgraded SNOW to Buy with a $300 target), which supports medium‑term momentum for the stock. Argus upgrade / coverage roundup
• Positive Sentiment: Major institutional holders remain heavily invested (Vanguard, Jennison, State Street, Artisan), which underpins liquidity and suggests longer‑term investor conviction. SNOW stock overview
• Neutral Sentiment: Snowflake’s strong AI momentum has driven a big move over the last year, but commentators are re‑assessing valuation and whether recent profitability pivots sacrifice growth — this debate is keeping trading volatile. SNOW Stock Rallies 45% in a Year: Should You Buy, Sell, or Hold?
• Neutral Sentiment: Third‑party FinOps activity (e.g., DoiT acquiring a Snowflake‑cost optimization vendor) highlights customer focus on controlling Snowflake spend—this is relevant to client retention and consumption trends but not an immediate company update. DoiT Acquires SELECT to Eliminate Snowflake Waste
• Neutral Sentiment: Coverage that suggests friction in Snowflake’s relationship with Google Gemini may temper enthusiasm around model partnerships; the impact depends on Snowflake’s alternative model arrangements. Snowflake gets frosty with Google Gemini
• Negative Sentiment: Insider selling: multiple senior executives disclosed sizable share sales (including EVP Christian Kleinerman and others). Heavy insider liquidations often weigh on short‑term sentiment, even if for tax/planning reasons. Insider Selling: Snowflake EVP Sells 10,000 Shares
• Negative Sentiment: Bearish/tactical short‑term views: recent pieces argue the profitability pivot could be a trap for growth investors or advise waiting for a reset, which can spur selling from growth‑oriented holders. Snowflake: The Profitability Pivot May Be A Trap For Growth Investors

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.