O Shaughnessy Asset Management LLC lifted its stake in Snowflake Inc. (NYSE:SNOW – Free Report) by 10.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,603 shares of the company’s stock after purchasing an additional 3,530 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Snowflake were worth $8,249,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GoalVest Advisory LLC lifted its stake in shares of Snowflake by 221.4% in the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the period. Physician Wealth Advisors Inc. raised its position in Snowflake by 56.0% during the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock worth $31,000 after acquiring an additional 51 shares during the last quarter. HHM Wealth Advisors LLC raised its position in Snowflake by 50.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock worth $33,000 after acquiring an additional 50 shares during the last quarter. Ameriflex Group Inc. raised its position in Snowflake by 252.2% during the third quarter. Ameriflex Group Inc. now owns 162 shares of the company’s stock worth $37,000 after acquiring an additional 116 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new position in Snowflake during the third quarter worth about $39,000. Institutional investors and hedge funds own 65.10% of the company’s stock.
Insider Activity
In other news, Director Mark Garrett sold 100,000 shares of Snowflake stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $250.00, for a total transaction of $25,000,000.00. Following the completion of the sale, the director directly owned 8,801 shares in the company, valued at $2,200,250. The trade was a 91.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Christian Kleinerman sold 2,729 shares of Snowflake stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $239.00, for a total transaction of $652,231.00. Following the sale, the executive vice president owned 413,002 shares of the company’s stock, valued at approximately $98,707,478. This trade represents a 0.66% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 1,589,550 shares of company stock valued at $359,438,410. 4.80% of the stock is owned by corporate insiders.
Trending Headlines about Snowflake
- Positive Sentiment: Bank of America named Snowflake one of its “Fab Five” infrastructure software stocks to watch, suggesting the company can build on its recent rally. Infrastructure Software Stocks Look Strong. Snowflake Among Analyst’s ‘Fab Five’ To Watch.
- Positive Sentiment: Barclays raised its price target on Snowflake to $285 from $272, and Truist lifted its target to $300 from $275, reinforcing the view that Wall Street sees further upside. Barclays Lifts PT on Snowflake (SNOW) – Here’s Why Truist Raises Snowflake Inc. (SNOW) Price Target to $300 from $275
- Positive Sentiment: Snowflake’s Summit-related announcements, including new AI assistant and governance/security updates, support the company’s push to position itself as more than a cloud data warehouse provider and strengthen its AI story. Snowflake debuts CoCo AI assistant for Slack Excel VS Code Snowflake expands AI governance and security with Horizon catalog updates
- Positive Sentiment: Snowflake also announced partner momentum, with MegazoneCloud winning 2026 APJ Snowflake Resale Partner of the Year, pointing to healthy ecosystem traction. MegazoneCloud Wins 2026 APJ Snowflake Resale Partner of the Year
- Neutral Sentiment: Some market commentary says Snowflake has had a big run recently and asks whether the stock is still a buy at current levels, which may temper enthusiasm even as the long-term narrative stays constructive. Is It Too Late To Consider Snowflake (SNOW) After Recent Share Price Volatility?
- Neutral Sentiment: Snowflake’s recent investor-day and conference headlines have also kept the stock in focus, but the details mostly reinforce the same themes of AI expansion, governance, and platform broadening rather than a single major new catalyst. Snowflake stock gets a bold AI call from Wall Street
Analysts Set New Price Targets
A number of equities analysts have issued reports on SNOW shares. Oppenheimer lifted their target price on shares of Snowflake from $250.00 to $295.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Snowflake from $230.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. JPMorgan Chase & Co. lifted their target price on shares of Snowflake from $245.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. HSBC set a $289.00 target price on shares of Snowflake and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, The Goldman Sachs Group lifted their target price on shares of Snowflake from $216.00 to $278.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Snowflake currently has a consensus rating of “Moderate Buy” and an average target price of $291.77.
View Our Latest Research Report on SNOW
Snowflake Stock Performance
Shares of NYSE SNOW opened at $239.64 on Thursday. The company has a market cap of $83.06 billion, a PE ratio of -68.08 and a beta of 1.35. Snowflake Inc. has a 12 month low of $118.30 and a 12 month high of $284.99. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.05 and a quick ratio of 1.05. The company has a 50-day simple moving average of $170.26 and a 200-day simple moving average of $189.87.
Snowflake (NYSE:SNOW – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. Snowflake had a negative net margin of 23.79% and a negative return on equity of 50.50%. The company’s quarterly revenue was up 33.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 earnings per share. On average, equities analysts anticipate that Snowflake Inc. will post -1.87 earnings per share for the current year.
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.
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