Cache Advisors LLC Purchases 7,084 Shares of Snowflake Inc. $SNOW

Cache Advisors LLC increased its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 175.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,132 shares of the company’s stock after purchasing an additional 7,084 shares during the quarter. Snowflake makes up 0.3% of Cache Advisors LLC’s portfolio, making the stock its 26th biggest holding. Cache Advisors LLC’s holdings in Snowflake were worth $2,442,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Snowflake by 3.1% during the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock valued at $6,461,465,000 after buying an additional 857,832 shares in the last quarter. Jennison Associates LLC grew its stake in shares of Snowflake by 13.5% in the 3rd 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 in the last quarter. State Street Corp grew its stake in shares of Snowflake by 1.4% in the 2nd quarter. State Street Corp now owns 6,887,073 shares of the company’s stock worth $1,541,120,000 after buying an additional 94,293 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Snowflake by 13.0% in the 2nd quarter. AQR Capital Management LLC now owns 3,584,128 shares of the company’s stock worth $802,020,000 after buying an additional 412,493 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Snowflake by 233.3% in the 3rd 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. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Snowflake Stock Up 0.5%

NYSE SNOW opened at $149.94 on Thursday. The business has a fifty day moving average price of $169.90 and a 200 day moving average price of $213.12. Snowflake Inc. has a one year low of $129.85 and a one year high of $280.67. 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 company has a market cap of $51.83 billion, a P/E ratio of -37.96 and a beta of 1.23.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.27 by $0.05. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the company earned $0.30 EPS. The firm’s revenue was up 30.1% compared to the same quarter last year. Research analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Insider Buying and Selling at Snowflake

In other news, Director Michael L. Speiser sold 50,338 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $175.19, for a total transaction of $8,818,714.22. Following the completion of the sale, the director directly owned 30,236 shares in the company, valued at $5,297,044.84. This represents a 62.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Christian Kleinerman sold 10,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $197.09, for a total transaction of $1,970,900.00. Following the sale, the executive vice president directly owned 461,351 shares of the company’s stock, valued at approximately $90,927,668.59. This trade represents a 2.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 594,313 shares of company stock worth $108,831,780. Insiders own 6.80% of the company’s stock.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: CEO Sridhar Ramaswamy says Snowflake is already seeing strong return on AI investments — coding teams are using AI agents around the clock, which management says boosts developer productivity and accelerates product delivery. Read More.
• Positive Sentiment: Snowflake is shifting from being “just a data warehouse” to powering autonomous AI agents that act on data, expanding use cases beyond analytics to operational automation — this supports the company’s strategy to capture more enterprise AI spend. Read More.
• Positive Sentiment: Industry adoption signals: Snowflake Summit coverage highlights how Snowflake’s platform is reshaping finance workflows with AI (helps validate enterprise demand). Read More.
• Positive Sentiment: Commercial ecosystem expansion — Penguin AI launched healthcare-native AI automation apps as Snowflake Native Apps (prior authorization and medical coding), placing regulated healthcare workflows on Snowflake’s AI Data Cloud and broadening real-world, revenue-generating use cases. Read More.
• Positive Sentiment: Ecosystem momentum — partners (e.g., Coginiti, Bigeye) joined Snowflake-led Open Semantic Interchange to advance data & AI interoperability, reinforcing network effects and the Marketplace/Native Apps strategy. Read More. Read More.
• Neutral Sentiment: Valuation and recent price action: analysis pieces highlight a significant pullback (roughly 17% one month, ~36% three months) and debate a “narrative fair value gap,” which frames current shares as cheaper but also reflects investor caution. Read More.
• Negative Sentiment: Security incidents: multiple reports say Snowflake customers suffered data-theft attacks after a third‑party/SaaS integrator breach and unusual account activity was confirmed — potential reputational and remediation costs, and customer trust risks. Read More. Read More.
• Negative Sentiment: Rising litigation notices: multiple law firms and investor alerts report a securities class action and encourage claims ahead of an April 27 deadline — increases legal overhang and uncertainty for investors. Read More. Read More.
• Negative Sentiment: Market positioning: analysts/flows show bearish option activity and trading drift lower in recent sessions, signaling short-term downside pressure despite longer-term AI narratives. Read More.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SNOW shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $250.00 price objective on shares of Snowflake in a research note on Monday, February 23rd. Raymond James Financial reiterated an “outperform” rating on shares of Snowflake in a report on Monday, February 2nd. DA Davidson dropped their target price on Snowflake from $300.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Morgan Stanley dropped their target price on Snowflake from $270.00 to $245.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Finally, Sanford C. Bernstein dropped their target price on Snowflake from $237.00 to $195.00 and set a “market perform” rating for the company in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $249.62.

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.