GraniteShares Advisors LLC cut its stake in shares of Snowflake Inc. (NYSE:SNOW – Free Report) by 94.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 219 shares of the company’s stock after selling 4,049 shares during the quarter. GraniteShares Advisors LLC’s holdings in Snowflake were worth $48,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Grey Fox Wealth Advisors LLC acquired a new stake in Snowflake in the 3rd quarter valued at approximately $25,000. Tripletail Wealth Management LLC bought a new stake in Snowflake during the 3rd quarter valued at $28,000. SJS Investment Consulting Inc. boosted its position 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. GoalVest Advisory LLC boosted its position in Snowflake by 221.4% during the 4th quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock worth $30,000 after acquiring an additional 93 shares during the period. Finally, Root Financial Partners LLC bought a new position in shares of Snowflake in the third quarter worth $34,000. 65.10% of the stock is currently owned by institutional investors and hedge funds.
Snowflake Price Performance
SNOW stock opened at $151.89 on Monday. Snowflake Inc. has a one year low of $120.10 and a one year high of $280.67. The firm has a 50-day moving average of $173.75 and a two-hundred day moving average of $214.65. The firm has a market capitalization of $52.51 billion, a PE ratio of -38.45 and a beta of 1.23. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.18.
Snowflake News Summary
Here are the key news stories impacting Snowflake this week:
- Positive Sentiment: Benchmark initiated coverage with a Buy and highlighted Snowflake as a top AI‑infrastructure pick, reinforcing the TAM and long‑term AI monetization narrative. Read More.
- Positive Sentiment: Seeking Alpha upgraded Snowflake to a “Speculative Buy,” citing strong agentic AI monetization (125% NRR) and expanding multi‑year RPOs ($9.77B), which supports premium valuation expectations if execution continues. Read More.
- Positive Sentiment: Coverage and research pieces note AI workload expansion and Snowflake’s AI tooling are driving platform usage — a potential revenue accelerator if the company scales deployments and converts larger deals. Read More.
- Positive Sentiment: Management move: Snowflake promoted long‑time sales leader Jonathan Beaulier to Chief Revenue Officer, a signal that the company is prioritizing sales execution and go‑to‑market monetization. Read More.
- Neutral Sentiment: Some broker/press commentary (e.g., Mizuho, other analysts) says the CRO change and pullback make Snowflake more interesting but flags execution risk — mixed near‑term conviction despite positive catalysts. Read More.
- Neutral Sentiment: Analyst takes vary: several notes recommend watching the pullback but stop short of a clear buy for all investors, leaving market reaction dependent on upcoming execution signals. Read More.
- Negative Sentiment: Legal overhang: multiple law firms have issued investor alerts and class‑action notices related to alleged securities violations with an April 27, 2026 lead‑plaintiff deadline — this increases short‑term uncertainty and can pressure the stock while litigation unfolds. Read More.
- Negative Sentiment: Insider activity: SVP Vivek Raghunathan sold ~3,876 shares under a pre‑arranged Rule 10b5‑1 plan (small reduction). Routine but sometimes interpreted negatively by short‑term traders. Read More.
- Negative Sentiment: Short‑term trader tools: some options‑strategy commentary is positioning SNOW for bearish plays, reflecting trader skepticism amid recent volatility. Read More.
Insider Buying and Selling at Snowflake
In other Snowflake news, EVP Christian Kleinerman sold 10,000 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 461,351 shares in the company, valued at $90,927,668.59. This trade represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael L. Speiser sold 50,338 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $175.19, for a total value of $8,818,714.22. Following the completion of the transaction, the director directly owned 30,236 shares in the company, valued at $5,297,044.84. The trade was a 62.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 543,572 shares of company stock worth $101,311,456 over the last quarter. Company insiders own 6.80% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the stock. Raymond James Financial reissued an “outperform” rating on shares of Snowflake in a research note on Monday, February 2nd. Oppenheimer reiterated a “buy” rating on shares of Snowflake in a report on Thursday, February 26th. Wells Fargo & Company lowered their price objective on shares of Snowflake from $290.00 to $210.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. Guggenheim reissued a “neutral” rating on shares of Snowflake in a report on Wednesday, February 18th. Finally, Stifel Nicolaus set a $205.00 target price on Snowflake in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $249.62.
Read Our Latest Stock Analysis on Snowflake
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.
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