Concurrent Investment Advisors LLC Purchases 6,157 Shares of Snowflake Inc. $SNOW

Concurrent Investment Advisors LLC grew its position in shares of Snowflake Inc. (NYSE:SNOW) by 103.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,136 shares of the company’s stock after purchasing an additional 6,157 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Snowflake were worth $2,662,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its position in Snowflake by 90.0% during the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock worth $9,556,000 after acquiring an additional 29,320 shares during the last quarter. Intech Investment Management LLC grew its position in Snowflake by 24.0% during the 1st quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock worth $1,637,000 after acquiring an additional 2,167 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Snowflake by 29.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after acquiring an additional 73 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Snowflake during the 2nd quarter worth approximately $221,000. Finally, The Manufacturers Life Insurance Company grew its position in Snowflake by 7.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,603 shares of the company’s stock worth $5,055,000 after acquiring an additional 1,521 shares during the last quarter. 65.10% of the stock is currently owned by institutional investors.

Snowflake Price Performance

Shares of SNOW stock opened at $142.45 on Wednesday. The firm has a market cap of $49.25 billion, a P/E ratio of -36.06 and a beta of 1.23. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $280.67. The business’s 50 day moving average price is $159.67 and its 200-day moving average price is $203.95. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.30 and a current ratio of 1.30.

Snowflake (NYSE:SNOW) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.The business’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS. On average, equities research analysts anticipate that Snowflake Inc. will post -2.16 earnings per share for the current year.

Insider Activity at Snowflake

In related news, Director Michael L. Speiser sold 403 shares of Snowflake stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $148.21, for a total transaction of $59,728.63. Following the sale, the director directly owned 22,912 shares in the company, valued at $3,395,787.52. The trade was a 1.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Vivek Raghunathan sold 3,876 shares of Snowflake stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $152.80, for a total value of $592,252.80. Following the sale, the senior vice president owned 273,323 shares in the company, valued at $41,763,754.40. This represents a 1.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 394,313 shares of company stock valued at $67,477,780 over the last ninety days. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

SNOW has been the topic of several recent research reports. JPMorgan Chase & Co. reduced their price target on Snowflake from $268.00 to $245.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Sanford C. Bernstein reduced their price target on Snowflake from $237.00 to $195.00 and set a “market perform” rating on the stock in a research report on Thursday, February 26th. Truist Financial set a $125.00 price target on Snowflake in a research report on Wednesday, April 15th. Royal Bank Of Canada set a $245.00 price target on Snowflake in a research report on Wednesday, February 11th. Finally, DA Davidson reduced their price target on Snowflake from $300.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Snowflake currently has a consensus rating of “Moderate Buy” and an average target price of $242.19.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: OpenAI’s GPT‑5.5 was made available on Snowflake’s Cortex AI platform, a catalyst that the market reacted to positively as it strengthens Snowflake’s AI offering and potential usage/revenue upside. Snowflake (SNOW) Stock Trades Up, Here Is Why
• Positive Sentiment: Appian announced a partnership adopting the MCP protocol with Snowflake to provide more structure/control for AI agents — a sign Snowflake is expanding platform integrations that support enterprise AI governance and agent workflows. Appian adopts MCP protocol and partners with Snowflake to provide more structure and control for AI agents
• Positive Sentiment: OneTrust integrated consent signals into Snowflake Data Clean Rooms, improving privacy/compliance features that can increase enterprise adoption for data collaborations. OneTrust Introduces a New Approach to Consent-Aware Data Clean Rooms
• Neutral Sentiment: Analyst/market writeups are highlighting Snowflake as a steadier AI‑data cloud play vs. peers and noting why the stock is trending — useful context but not a direct near‑term catalyst. CoreWeave vs. Snowflake: Which AI Data Cloud Stock is the Smarter Buy?
• Neutral Sentiment: Market interest pieces note SNOW is trending among retail and institutional users; this increases attention/volume but is informational rather than a direct earnings or guidance change. Here is What to Know Beyond Why Snowflake Inc. (SNOW) is a Trending Stock
• Negative Sentiment: Multiple law firms have filed or are soliciting lead‑plaintiff roles in a securities class action covering purchases between June 27, 2023 and Feb 28, 2024; these reminders/deadlines increase legal overhang and can pressure the stock. SNOW DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Snowflake (SNOW) Investors of Securities Class Action Deadline on April 27, 2026
• Negative Sentiment: Additional firms (Rosen, Bronstein, Schall, etc.) have issued similar investor notices and a class action has been filed alleging investor harm, amplifying litigation risk and potential distraction for management. Bronstein, Gewirtz & Grossman LLC Urges Snowflake Inc. Investors to Act: Class Action Filed Alleging Investor Harm

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.