Snowflake Inc. $SNOW Shares Acquired by BDF Gestion

BDF Gestion boosted its holdings in Snowflake Inc. (NYSE:SNOW) by 66.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,415 shares of the company’s stock after purchasing an additional 6,966 shares during the period. BDF Gestion’s holdings in Snowflake were worth $3,820,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Snowflake by 3.1% during the third quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock worth $6,461,465,000 after buying an additional 857,832 shares in the last quarter. Jennison Associates LLC increased its stake in shares of Snowflake by 13.5% in the third quarter. Jennison Associates LLC now owns 9,083,889 shares of the company’s stock worth $2,048,871,000 after buying an additional 1,083,222 shares during the last quarter. State Street Corp raised its holdings in Snowflake by 1.4% in the second quarter. State Street Corp now owns 6,887,073 shares of the company’s stock valued at $1,541,120,000 after acquiring an additional 94,293 shares in the last quarter. Norges Bank bought a new position in Snowflake during the 2nd quarter valued at $944,895,000. Finally, AQR Capital Management LLC boosted its stake in Snowflake by 13.0% during the 2nd quarter. AQR Capital Management LLC now owns 3,584,128 shares of the company’s stock valued at $802,020,000 after acquiring an additional 412,493 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake Trading Up 3.6%

NYSE SNOW opened at $174.09 on Tuesday. Snowflake Inc. has a one year low of $120.10 and a one year high of $280.67. The company has a 50-day simple moving average of $183.36 and a 200-day simple moving average of $218.96. 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 firm has a market capitalization of $59.57 billion, a PE ratio of -44.07 and a beta of 1.16.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. Snowflake had a negative net margin of 28.43% and a negative return on equity of 48.50%. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the business earned $0.30 earnings per share. Snowflake’s quarterly revenue was up 30.1% on a year-over-year basis. On average, equities analysts forecast that Snowflake Inc. will post -2.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SNOW. Scotiabank dropped their target price on shares of Snowflake from $290.00 to $205.00 and set a “sector outperform” rating for the company in a research report on Thursday, February 26th. Evercore increased their price target on shares of Snowflake from $280.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft lifted their price target on Snowflake from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. The Goldman Sachs Group decreased their price target on Snowflake from $286.00 to $246.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada set a $245.00 price objective on Snowflake in a report on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $248.58.

Insider Buying and Selling

In related news, SVP Vivek Raghunathan sold 11,801 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was 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 owned 218,020 shares in the company, valued at $48,060,328.80. The trade was a 5.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $219.90, for a total value of $2,199,000.00. Following the transaction, the executive vice president owned 471,351 shares of the company’s stock, valued at $103,650,084.90. This represents a 2.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 607,476 shares of company stock valued at $115,923,429 over the last three months. 6.80% of the stock is owned by company insiders.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: New customer and partner momentum: Fivetran highlighted that it routes operational, SaaS and IoT data into Snowflake to build AI‑ready data foundations (supports demand for Snowflake’s platform). Fivetran Selected by WM New Zealand to Power an AI-Ready Data Foundation
• Positive Sentiment: Product / AI narrative: coverage of Snowflake Cortex AI and Snowflake’s fully managed approach reinforces the company’s positioning in enterprise AI and data management (supporting growth expectations). Snowflake Cortex AI: A deep dive into its features Snowflake says firms don’t need large teams with its platform
• Neutral Sentiment: Analyst stance: William Blair kept Snowflake at a bullish rating amid its AI relevance while downgrading other software names — a modest positive endorsement but not a catalyst on its own. Analyst Downgrades 9 Software Stocks. ‘AI Changes Everything.’
• Neutral Sentiment: Macro/market move: intraday gains were also driven by a broader market rally after geopolitical comments — this is a market‑wide boost rather than company‑specific news. Snowflake (SNOW) Stock Trades Up, Here Is Why
• Negative Sentiment: Surge of securities‑class‑action notices: multiple law firms are soliciting lead plaintiffs and reminding investors of an April 27, 2026 deadline for a class action covering purchases from June 27, 2023 to Feb 28, 2024 — increases legal overhang and potential liability risk. ROSEN Encourages Snowflake Inc. Investors to Secure Counsel
• Negative Sentiment: More plaintiff solicitations and alerts from other firms reinforce the same legal risk (Faruqi, Levi & Korsinsky, RGRD, Schall, DJS). This repetition magnifies headline risk and could pressure the stock if developments escalate. Faruqi & Faruqi class action notice
• Negative Sentiment: Insider selling: recent director sales disclosed (multi‑million dollar transactions) can be read negatively by the market even if pre‑planned; adds to near‑term selling pressure. Snowflake Director Sells $15.6M in Stock
• Negative Sentiment: Valuation/short‑term performance concerns: analysis highlighting a recent share‑price decline and valuation check amid expanded AI ambitions adds caution for investors weighing long‑term upside vs. current multiples. Snowflake Valuation Check As Project SnowWork Expands

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.