Buffalo Business & Estate Services Ltd. Buys New Shares in Snowflake Inc. $SNOW

Buffalo Business & Estate Services Ltd. purchased a new position in shares of Snowflake Inc. (NYSE:SNOW) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,683 shares of the company’s stock, valued at approximately $808,000.

A number of other large investors also recently bought and sold shares of the stock. Winslow Capital Management LLC acquired a new position in shares of Snowflake in the 2nd quarter valued at $725,667,000. Coatue Management LLC acquired a new stake in shares of Snowflake during the 3rd quarter worth $441,277,000. American Century Companies Inc. raised its position in shares of Snowflake by 233.3% in the 3rd quarter. American Century Companies Inc. now owns 2,104,925 shares of the company’s stock worth $474,766,000 after buying an additional 1,473,354 shares during the period. Sei Investments Co. raised its position in shares of Snowflake by 272.4% in the 2nd quarter. Sei Investments Co. now owns 1,593,329 shares of the company’s stock worth $356,543,000 after buying an additional 1,165,515 shares during the period. Finally, Jennison Associates LLC boosted its holdings in Snowflake by 13.5% in the third quarter. Jennison Associates LLC now owns 9,083,889 shares of the company’s stock valued at $2,048,871,000 after acquiring an additional 1,083,222 shares during the last quarter. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Trending Headlines about Snowflake

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.

Snowflake Trading Up 0.0%

Shares of SNOW opened at $151.89 on Monday. Snowflake Inc. has a 12 month low of $120.10 and a 12 month high of $280.67. The stock’s 50-day moving average is $173.75 and its two-hundred day moving average is $214.65. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.30 and a quick ratio of 1.30. The stock has a market cap of $52.51 billion, a PE ratio of -38.45 and a beta of 1.23.

Snowflake (NYSE:SNOW) last posted its earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The business 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 50.61% and a negative net margin of 28.43%.The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 earnings per share. Equities analysts forecast that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Monness Crespi & Hardt boosted their price target on Snowflake from $275.00 to $282.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. BTIG Research cut 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. Royal Bank Of Canada set a $245.00 price objective on Snowflake in a research note on Wednesday, February 11th. Zacks Research upgraded Snowflake from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, Sanford C. Bernstein cut their price target on shares of Snowflake from $237.00 to $195.00 and set a “market perform” rating on the stock in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $249.62.

Insider Buying and Selling

In other news, Director Frank Slootman sold 200,000 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $206.77, for a total transaction of $41,354,000.00. Following the transaction, the director directly owned 50,329 shares of the company’s stock, valued at approximately $10,406,527.33. The trade was a 79.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Vivek Raghunathan sold 3,876 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $152.80, for a total transaction of $592,252.80. Following the completion of the transaction, the senior vice president owned 273,323 shares of the company’s stock, valued at $41,763,754.40. This trade 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 have sold 543,572 shares of company stock worth $101,311,456 in the last 90 days. 6.80% of the stock is owned by insiders.

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.