Lansforsakringar Fondforvaltning AB publ Buys 3,797 Shares of Snowflake Inc. $SNOW

Lansforsakringar Fondforvaltning AB publ raised its position in shares of Snowflake Inc. (NYSE:SNOW) by 4.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 99,562 shares of the company’s stock after purchasing an additional 3,797 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Snowflake were worth $22,456,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SNOW. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Snowflake during the third quarter worth $25,000. Tripletail Wealth Management LLC bought a new stake in Snowflake during the third quarter valued at $28,000. Rossby Financial LCC grew its holdings in Snowflake by 4,233.3% during the 2nd quarter. Rossby Financial LCC now owns 130 shares of the company’s stock worth $29,000 after acquiring an additional 127 shares during the period. SJS Investment Consulting Inc. grew its holdings in Snowflake by 4,333.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock worth $30,000 after acquiring an additional 130 shares during the period. Finally, Golden State Wealth Management LLC lifted its stake in shares of Snowflake by 417.2% in the 2nd quarter. Golden State Wealth Management LLC now owns 150 shares of the company’s stock valued at $34,000 after purchasing an additional 121 shares during the period. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake Stock Down 3.7%

SNOW stock opened at $172.49 on Monday. The firm has a market capitalization of $59.03 billion, a PE ratio of -42.70 and a beta of 1.14. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake Inc. has a twelve month low of $120.10 and a twelve month high of $280.67. The stock’s 50 day moving average is $204.30 and its 200-day moving average is $224.03.

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

Analyst Upgrades and Downgrades

Several research firms recently commented on SNOW. UBS Group reaffirmed a “buy” rating on shares of Snowflake in a research note on Thursday, December 4th. Morgan Stanley set a $270.00 price target on Snowflake in a report on Thursday. Citizens Jmp lifted their price objective on shares of Snowflake from $283.00 to $325.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 28th. Argus upgraded shares of Snowflake from a “hold” rating to a “buy” rating and set a $300.00 target price on the stock in a research report on Thursday, January 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Snowflake in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $269.84.

Insider Activity at Snowflake

In other news, SVP Vivek Raghunathan sold 11,801 shares of the company’s stock in a transaction 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 transaction, the senior vice president owned 218,020 shares of the company’s stock, valued at $48,060,328.80. This represents a 5.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christian Kleinerman sold 10,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $249.53, for a total transaction of $2,495,300.00. Following the sale, the executive vice president directly owned 512,450 shares in the company, valued at approximately $127,871,648.50. This trade represents a 1.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 713,681 shares of company stock valued at $148,264,518 over the last quarter. Corporate insiders own 6.80% of the company’s stock.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: AI monetization and partnerships: reports say Snowflake has hit an early ~$100M AI run rate and its AI product stack (Cortex, Document AI) plus large partnerships are driving enterprise adoption and new revenue streams. Snowflake Rides on Enterprise AI Adoption
• Positive Sentiment: Analyst/preview optimism and consumption trends: Oppenheimer and other previews expect a “solid” Q4 as consumption trends run above plan; Wells Fargo survey coverage also highlights upticks in consumption that could support near‑term demand. Snowflake Seen Delivering ‘Solid’ Q4
• Positive Sentiment: Partner and product integrations strengthen go‑to‑market: elevated partner tiers and product integrations (KPI Partners, Liquibase support) help enterprise adoption and channel reach. KPI Partners Elevates Partnership Tier
• Neutral Sentiment: Mixed analyst signals: some firms (Citigroup) warn downside and have trimmed expectations even as others (many buy ratings remain) keep constructive views — this creates conflicted near‑term guidance for traders. Citigroup Has Lowered Expectations for Snowflake
• Negative Sentiment: Insider selling: Director Frank Slootman sold 100,000 shares (~$17.7M at the sale price) in a disclosed trade, and recent repeated insider sales can spook investors and reduce perceived insider conviction. Frank Slootman Insider Sale Filing
• Negative Sentiment: Shareholder investigations and legal overhang: law firms (Pomerantz, Johnson Fistel) announced probes into investor losses, raising litigation risk and adding regulatory uncertainty that can pressure the stock. Pomerantz Investigation Notice
• Negative Sentiment: Analyst downgrades / price‑target cuts: several shops have trimmed targets (Mizuho, Goldman among others) or issued cautious notes, which reduces near‑term upside expectations and can amplify selling. Mizuho Lowers Snowflake Price Target

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.