Snowflake Sees Unusually Large Options Volume (NYSE:SNOW)

Snowflake Inc. (NYSE:SNOW) saw some unusual options trading activity on Friday. Traders purchased 63,935 call options on the company. This represents an increase of 25% compared to the typical volume of 50,965 call options.

Insider Buying and Selling

In other news, CAO Emily Ho sold 1,072 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $223.63, for a total value of $239,731.36. Following the sale, the chief accounting officer owned 43,809 shares in the company, valued at $9,797,006.67. This represents a 2.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael L. Speiser sold 403 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $165.22, for a total value of $66,583.66. Following the sale, the director directly owned 23,718 shares in the company, valued at approximately $3,918,687.96. This trade represents a 1.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 613,681 shares of company stock valued at $130,573,518 in the last 90 days. 6.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. lifted its stake in shares of Snowflake by 2.7% in the third quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock worth $340,000 after buying an additional 40 shares in the last quarter. Diligent Investors LLC grew its stake in Snowflake by 0.9% during the 3rd quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock valued at $1,036,000 after acquiring an additional 40 shares in the last quarter. Coastline Trust Co raised its holdings in Snowflake by 1.0% in the 3rd quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock valued at $943,000 after acquiring an additional 42 shares during the last quarter. Wedbush Securities Inc. raised its holdings in Snowflake by 1.3% in the 2nd quarter. Wedbush Securities Inc. now owns 3,717 shares of the company’s stock valued at $832,000 after acquiring an additional 48 shares during the last quarter. Finally, Avion Wealth lifted its stake in Snowflake by 76.6% in 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. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Unusually large options activity: traders purchased ~63,935 call options (about 25% above normal), signaling speculative bullish bets that likely amplified buying pressure.
• Positive Sentiment: Big AI partnership with OpenAI — Snowflake and OpenAI announced a $200M collaboration to deepen AI capabilities on Snowflake’s platform, a strategic catalyst for revenue and product differentiation in the AI data market. Snowflake and OpenAI Unveil $200M AI Partnership
• Positive Sentiment: Recent quarterly beat supports growth story — Snowflake beat Q3 revenue and EPS estimates (revenue $1.21B, up ~28.7% year/year; EPS beat), reinforcing the company’s AI-driven revenue narrative and likely propping investor confidence.
• Neutral Sentiment: Company commentary on AI agents — Snowflake argued that current AI coding agents are solving the wrong problem, a strategic viewpoint that highlights product positioning but is more thought‑leadership than a near‑term financial catalyst. Snowflake thinks AI coding agents are solving the wrong problem
• Neutral Sentiment: Market narrative: some coverage points to SNOW being down earlier this year despite AI tailwinds — useful context for investors weighing valuation and momentum, but not an immediate company-specific driver. Here’s 1 AI Stock Down About 25% Already in 2026. Is It a Buy?
• Negative Sentiment: Zacks downgraded SNOW to a “strong sell,” which can pressure sentiment and attract short-term selling from model-driven funds. Zacks.com
• Negative Sentiment: Two law firms (Pomerantz and Johnson Fistel) have launched investigations into Snowflake on behalf of investors, creating legal overhang and potential litigation risk that can weigh on the stock. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Snowflake Inc. – SNOW Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel…
• Negative Sentiment: Insider sale: an EVP sold roughly $1.97M of stock, which can be interpreted negatively by some investors even if the sale is routine. Snowflake (NYSE:SNOW) EVP Sells $1,970,900.00 in Stock

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SNOW. Guggenheim reaffirmed a “neutral” rating on shares of Snowflake in a research note on Wednesday, November 26th. TD Cowen reissued a “buy” rating on shares of Snowflake in a report on Thursday, December 4th. Argus raised shares of Snowflake from a “hold” rating to a “buy” rating and set a $300.00 price objective for the company in a report on Thursday, January 8th. Oppenheimer reissued an “outperform” rating on shares of Snowflake in a research note on Friday, November 21st. Finally, Stifel Nicolaus raised their target price on Snowflake from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Snowflake currently has a consensus rating of “Moderate Buy” and an average target price of $275.58.

Snowflake Trading Up 7.5%

Shares of Snowflake stock opened at $168.50 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake has a twelve month low of $120.10 and a twelve month high of $280.67. The firm has a market capitalization of $57.66 billion, a PE ratio of -41.71 and a beta of 1.14. The firm’s 50-day moving average price is $215.58 and its 200 day moving average price is $226.41.

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