Snowflake Inc. $SNOW Stake Cut by Baillie Gifford & Co.

Baillie Gifford & Co. lessened its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 1.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,795,556 shares of the company’s stock after selling 52,568 shares during the quarter. Baillie Gifford & Co. owned approximately 0.83% of Snowflake worth $630,538,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SNOW. Birch Financial Group LLC boosted its holdings in shares of Snowflake by 14.9% during the third quarter. Birch Financial Group LLC now owns 1,705 shares of the company’s stock worth $385,000 after purchasing an additional 221 shares during the period. Jennison Associates LLC boosted its stake in shares of Snowflake by 13.5% during the 3rd quarter. Jennison Associates LLC now owns 9,083,889 shares of the company’s stock valued at $2,048,871,000 after buying an additional 1,083,222 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Snowflake by 13.2% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 8,341 shares of the company’s stock valued at $1,881,000 after buying an additional 972 shares during the period. Teacher Retirement System of Texas grew its holdings in shares of Snowflake by 0.5% during the 3rd quarter. Teacher Retirement System of Texas now owns 55,894 shares of the company’s stock valued at $12,607,000 after acquiring an additional 277 shares in the last quarter. Finally, iA Global Asset Management Inc. increased its stake in shares of Snowflake by 6.8% in the third quarter. iA Global Asset Management Inc. now owns 55,870 shares of the company’s stock worth $12,601,000 after acquiring an additional 3,580 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Expansion: Snowflake announced a new AWS deployment in the UAE, extending its commercial footprint in the Middle East and building on >$2B of AWS Marketplace sales — a clear push to grow international revenue and partner-led bookings. Snowflake launches AWS deployment in UAE
• Positive Sentiment: Customer / product traction: Snowflake partnered with Zinnia for real‑time insurance analytics and AI, signaling continued vertical wins for high-value, analytics-driven use cases that can drive consumption. Zinnia collaborates with Snowflake
• Positive Sentiment: Analyst support: Several firms have recently reiterated or raised targets (Argus, KeyCorp, Needham, Rosenblatt), leaving consensus upside vs. current prices — supportive for medium‑term investor sentiment. MarketBeat coverage including analyst notes
• Neutral Sentiment: Macro/strategy tone: CEO comments emphasize being precise about AI ROI — a message of disciplined monetization that helps clarify strategy but doesn’t deliver immediate revenue. Useful for long‑term thesis, limited short‑term impact. CEO: Being precise about AI’s ROI
• Neutral Sentiment: Options/derivative flows: Some traders are using defined‑risk bullish strategies (bull put spreads) betting downside is limited — signals trader interest but not a guarantee of upward price movement. Bull put spread options piece
• Neutral Sentiment: Projections and coverage: Forecast pieces (24/7 Wall St.) reiterate mixed near-term momentum after recent monthly declines but highlight longer-term upside since last year’s lows — useful context, but speculative. Snowflake price prediction
• Negative Sentiment: Insider selling: Director Frank Slootman sold 200,000 shares (~$41.4M) and reduced his stake materially — a large, recent insider sale that often weighs on sentiment and amplifies near‑term selling pressure. SEC filing: Frank Slootman sale

Insiders Place Their Bets

In other news, Director Michael L. Speiser sold 50,338 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $230.65, for a total transaction of $11,610,459.70. Following the completion of the transaction, the director directly owned 32,756 shares in the company, valued at $7,555,171.40. The trade was a 60.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frank Slootman sold 200,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $221.83, for a total transaction of $44,366,000.00. Following the completion of the sale, the director owned 50,329 shares in the company, valued at approximately $11,164,482.07. The trade was a 79.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 618,681 shares of company stock worth $137,427,145 over the last quarter. 6.80% of the stock is currently owned by company insiders.

Snowflake Price Performance

Shares of Snowflake stock opened at $209.57 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. The firm has a fifty day simple moving average of $227.49 and a 200-day simple moving average of $228.26. The stock has a market capitalization of $71.72 billion, a price-to-earnings ratio of -51.87 and a beta of 1.14. Snowflake Inc. has a 1-year low of $120.10 and a 1-year high of $280.67.

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

Wall Street Analyst Weigh In

A number of research analysts have commented on SNOW shares. Citigroup lowered their target price on Snowflake from $310.00 to $300.00 and set a “buy” rating on the stock in a research note on Monday, December 8th. Guggenheim reissued a “neutral” rating on shares of Snowflake in a research note on Wednesday, November 26th. Scotiabank reaffirmed an “outperform” rating on shares of Snowflake in a research report on Thursday, December 4th. JMP Securities boosted their target price on shares of Snowflake from $283.00 to $325.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 28th. Finally, Monness Crespi & Hardt increased their price target on shares of Snowflake from $260.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $275.58.

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.