Snowflake Inc. $SNOW Position Lifted by Delta Global Management LP

Posted by Stanley Muller on Jul 26th, 2026

Delta Global Management LP grew its stake in shares of Snowflake Inc. (NYSE:SNOW – Free Report) by 13.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 142,684 shares of the company’s stock after purchasing an additional 17,125 shares during the quarter. Snowflake makes up about 1.8% of Delta Global Management LP’s holdings, making the stock its 20th largest position. Delta Global Management LP’s holdings in Snowflake were worth $21,520,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SNOW. Kemnay Advisory Services Inc. acquired a new stake in shares of Snowflake in the 4th quarter valued at about $28,000. Greenline Wealth Management LLC acquired a new position in Snowflake in the fourth quarter worth about $29,000. Physician Wealth Advisors Inc. grew its stake in Snowflake by 56.0% in the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock worth $31,000 after purchasing an additional 51 shares in the last quarter. MV Capital Management Inc. bought a new stake in Snowflake in the fourth quarter valued at about $32,000. Finally, HHM Wealth Advisors LLC increased its holdings in Snowflake by 50.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock valued at $33,000 after buying an additional 50 shares during the last quarter. Institutional investors own 65.10% of the company’s stock.

Insider Buying and Selling

In other news, CAO Emily Ho sold 1,860 shares of the company’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $232.25, for a total transaction of $431,985.00. Following the completion of the transaction, the chief accounting officer owned 41,283 shares in the company, valued at approximately $9,587,976.75. This represents a 4.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael L. Speiser sold 840 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $257.91, for a total transaction of $216,644.40. Following the completion of the sale, the director directly owned 26,876 shares in the company, valued at approximately $6,931,589.16. This trade represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,802,015 shares of company stock valued at $421,739,629 in the last three months. 4.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SNOW. Sanford C. Bernstein lifted their target price on Snowflake from $195.00 to $250.00 and gave the stock a “market perform” rating in a research report on Thursday, May 28th. Scotiabank upped their price target on Snowflake from $285.00 to $320.00 and gave the company a “sector outperform” rating in a research report on Monday, June 8th. Cantor Fitzgerald raised their price objective on Snowflake from $225.00 to $282.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Rosenblatt Securities lifted their price objective on shares of Snowflake from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Morgan Stanley lifted their price objective on shares of Snowflake from $245.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Thirty-four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Snowflake currently has an average rating of “Moderate Buy” and a consensus price target of $296.27.

Read Our Latest Report on SNOW

Snowflake Stock Up 1.1%

Shares of Snowflake stock opened at $268.15 on Friday. The stock has a market capitalization of $92.94 billion, a price-to-earnings ratio of -76.18 and a beta of 1.35. Snowflake Inc. has a twelve month low of $118.30 and a twelve month high of $284.99. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.18. The business’s 50 day simple moving average is $239.11 and its 200-day simple moving average is $195.38.

Snowflake (NYSE:SNOW – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.32 billion. Snowflake had a negative return on equity of 50.50% and a negative net margin of 23.79%.The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.24 EPS. Equities research analysts forecast that Snowflake Inc. will post -1.84 earnings per share for the current 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.