Sands Capital Alternatives LLC Has $4.44 Million Holdings in Snowflake Inc. $SNOW

Posted by Francis Steltz on Jun 15th, 2026

Sands Capital Alternatives LLC cut its stake in Snowflake Inc. (NYSE:SNOW – Free Report) by 25.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 20,253 shares of the company’s stock after selling 6,752 shares during the quarter. Snowflake makes up approximately 0.9% of Sands Capital Alternatives LLC’s investment portfolio, making the stock its 17th largest position. Sands Capital Alternatives LLC’s holdings in Snowflake were worth $4,443,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Greenline Wealth Management LLC acquired a new position in Snowflake in the 4th quarter worth $29,000. GoalVest Advisory LLC boosted its stake in Snowflake by 221.4% in the 4th quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock worth $30,000 after purchasing an additional 93 shares during the period. Physician Wealth Advisors Inc. boosted its stake in Snowflake by 56.0% in the 4th quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock worth $31,000 after purchasing an additional 51 shares during the period. HHM Wealth Advisors LLC boosted its stake in Snowflake by 50.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock worth $33,000 after purchasing an additional 50 shares during the period. Finally, Ameriflex Group Inc. boosted its stake in Snowflake by 252.2% in the 3rd quarter. Ameriflex Group Inc. now owns 162 shares of the company’s stock worth $37,000 after purchasing an additional 116 shares during the period. 65.10% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Mark Garrett sold 100,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $250.00, for a total value of $25,000,000.00. Following the completion of the sale, the director directly owned 8,801 shares in the company, valued at approximately $2,200,250. This trade represents a 91.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Christian Kleinerman sold 2,729 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $239.00, for a total transaction of $652,231.00. Following the completion of the sale, the executive vice president owned 413,002 shares of the company’s stock, valued at $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. Over the last quarter, insiders have sold 1,589,550 shares of company stock valued at $359,438,410. Company insiders own 4.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SNOW shares. Loop Capital upped their target price on shares of Snowflake from $290.00 to $320.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Weiss Ratings cut Snowflake from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday. DA Davidson raised their price objective on Snowflake from $250.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, May 28th. TD Cowen restated a “buy” rating and issued a $300.00 price objective on shares of Snowflake in a report on Wednesday, June 3rd. Finally, Evercore set a $200.00 price objective on Snowflake in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $291.77.

Check Out Our Latest Stock Analysis on SNOW

Snowflake Price Performance

Shares of NYSE SNOW opened at $232.38 on Monday. The stock has a market capitalization of $80.54 billion, a price-to-earnings ratio of -66.02 and a beta of 1.35. The business has a 50-day moving average of $173.64 and a 200-day moving average of $189.84. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.05 and a quick ratio of 1.05. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $284.99.

Snowflake (NYSE:SNOW – Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.07. Snowflake had a negative return on equity of 50.50% and a negative net margin of 23.79%.The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter last year, the company earned $0.24 EPS. Snowflake’s revenue for the quarter was up 33.5% compared to the same quarter last year. As a group, sell-side analysts predict that Snowflake Inc. will post -1.87 earnings per share for the current fiscal year.

Snowflake Company Profile

(Free Report)

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.