Snowflake Inc. $SNOW Shares Purchased by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of Snowflake Inc. (NYSE:SNOW) by 317.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,357 shares of the company’s stock after buying an additional 51,978 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Snowflake were worth $15,414,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Grey Fox Wealth Advisors LLC purchased a new stake in Snowflake during the 3rd quarter worth about $25,000. Tripletail Wealth Management LLC purchased a new position in Snowflake in the 3rd quarter valued at about $28,000. SJS Investment Consulting Inc. lifted its holdings in Snowflake by 4,333.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock valued at $30,000 after purchasing an additional 130 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Snowflake during the 3rd quarter worth about $34,000. Finally, First Horizon Corp acquired a new stake in shares of Snowflake during the 3rd quarter worth about $35,000. 65.10% of the stock is owned by institutional investors and hedge funds.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake reported robust product momentum: product revenues rose to $1.22B in Q4 and management is guiding Q1 FY27 revenue growth of ~27% YoY — a clear near‑term revenue catalyst supporting upside expectations. Read More.
• Positive Sentiment: Analyst bullishness — Canaccord and other firms continue to show conviction (consensus target ~ $240 per the note), keeping a majority of covering analysts constructive and implying material upside versus current levels. Read More.
• Positive Sentiment: AI and market positioning — Multiple pieces (company research, Forbes/industry coverage, and a study highlighting India as an early GenAI adopter) reinforce Snowflake’s role as the “AI data cloud” provider, supporting longer‑term TAM expansion and customer adoption. Read More.
• Neutral Sentiment: Market interest and background analysis — Zacks and other outlets note Snowflake is a trending stock and provide refreshers on financials and use cases; useful context for traders but not immediate catalysts. Read More.
• Neutral Sentiment: Valuation debate — Analysts and commentators (e.g., Seeking Alpha) acknowledge strong growth but flag that valuation is not cheap, suggesting upside depends on execution and margin improvement. Read More.
• Negative Sentiment: Litigation wave — Multiple law firms have filed or announced notices related to a securities class period and April 27 lead‑plaintiff deadlines; proliferation of claims raises legal and financial overhang risk. Read More.
• Negative Sentiment: Insider/director selling — Recent Form 4 disclosures show sales by senior management and a director (including Frank Slootman and EVP Christian Kleinerman); media linked these trades to near‑term selling pressure. Read More.

Snowflake Stock Up 0.8%

Shares of NYSE SNOW opened at $178.60 on Monday. The firm has a fifty day moving average of $189.67 and a 200-day moving average of $221.52. Snowflake Inc. has a 52-week low of $120.10 and a 52-week high of $280.67. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $61.12 billion, a PE ratio of -45.22 and a beta of 1.17.

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

Insider Transactions at Snowflake

In other news, Director Frank Slootman sold 2,042 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $182.44, for a total value of $372,542.48. Following the transaction, the director owned 47,558 shares of the company’s stock, valued at approximately $8,676,481.52. This trade represents a 4.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Christian Kleinerman sold 550 shares of Snowflake stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $182.44, for a total transaction of $100,342.00. Following the transaction, the executive vice president owned 501,835 shares in the company, valued at $91,554,777.40. The trade was a 0.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 713,732 shares of company stock worth $144,510,676. 6.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

SNOW has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Snowflake from $268.00 to $245.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. The Goldman Sachs Group lowered their target price on shares of Snowflake from $286.00 to $246.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. KeyCorp lowered their target price on shares of Snowflake from $285.00 to $235.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft boosted their price target on Snowflake from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Finally, BTIG Research decreased their price objective on Snowflake from $312.00 to $235.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $248.58.

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.