Snowflake Inc. $SNOW Stock Sold by Park Avenue Securities LLC

Posted by Stanley Muller on Oct 29th, 2026

Park Avenue Securities LLC lessened its holdings in Snowflake Inc. (NYSE:SNOW – Free Report) by 12.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,766 shares of the company’s stock after selling 2,579 shares during the period. Park Avenue Securities LLC’s holdings in Snowflake were worth $6,033,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Physician Wealth Advisors Inc. boosted its holdings in Snowflake by 37.8% in the third quarter. Physician Wealth Advisors Inc. now owns 124 shares of the company’s stock valued at $42,000 after purchasing an additional 34 shares during the period. Nvwm LLC raised its position in Snowflake by 0.6% in the 3rd quarter. Nvwm LLC now owns 6,215 shares of the company’s stock valued at $2,110,000 after purchasing an additional 37 shares in the last quarter. Myecfo LLC raised its position in Snowflake by 4.1% in the 3rd quarter. Myecfo LLC now owns 968 shares of the company’s stock valued at $329,000 after purchasing an additional 38 shares in the last quarter. Fermata Advisors LLC boosted its stake in shares of Snowflake by 4.9% in the 3rd quarter. Fermata Advisors LLC now owns 893 shares of the company’s stock valued at $303,000 after buying an additional 42 shares during the period. Finally, Abel Hall LLC boosted its stake in shares of Snowflake by 3.8% in the 3rd quarter. Abel Hall LLC now owns 1,189 shares of the company’s stock valued at $404,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds own 65.10% of the company’s stock.

Analysts Set New Price Targets

SNOW has been the subject of a number of analyst reports. Robert W. Baird set a $450.00 price objective on Snowflake in a research report on Thursday, September 3rd. Yorkville Ives began coverage on shares of Snowflake in a report on Monday, October 5th. They issued an “outperform” rating and a $400.00 target price on the stock. TD Cowen raised their target price on shares of Snowflake from $370.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, September 3rd. Evercore reiterated an “outperform” rating and issued a $430.00 price target on shares of Snowflake in a research note on Thursday, September 3rd. Finally, Needham & Company LLC reiterated a “buy” rating and set a $450.00 price target on shares of Snowflake in a report on Monday, October 12th. Thirty-six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Snowflake currently has a consensus rating of “Moderate Buy” and an average price target of $413.87.

View Our Latest Stock Report on Snowflake

Snowflake Price Performance

SNOW stock opened at $339.44 on Thursday. The business has a 50 day moving average price of $332.08 and a 200 day moving average price of $238.78. The stock has a market cap of $119.75 billion, a price-to-earnings ratio of -106.74 and a beta of 1.35. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $384.56. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.06.

Snowflake (NYSE:SNOW – Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.17. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the prior year, the company posted $0.35 earnings per share. The firm’s quarterly revenue was up 35.1% compared to the same quarter last year. Equities research analysts anticipate that Snowflake Inc. will post -1.42 earnings per share for the current fiscal year.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Oracle integration expands Snowflake’s distribution. Snowflake AI Data Cloud will become a native, first-party service on Oracle Cloud Infrastructure (OCI). Oracle customers will be able to purchase Snowflake using Oracle Universal Credits, with unified procurement and billing. The arrangement could reduce adoption friction, improve access to enterprise customers, and support consumption growth. Oracle Expands Native AI and Data Services on OCI with Snowflake
Positive Sentiment: Enterprise AI momentum remains the core bullish argument. Analysts and market commentary point to rising customer adoption, Snowflake’s AI capabilities, and an upbeat fiscal 2027 outlook. Two recent earnings reports reportedly raised full-year product-revenue guidance, while some investors believe management’s outlook may prove conservative. SNOW Rides on Strong Enterprise AI Push
Positive Sentiment: International expansion adds a longer-term growth opportunity. Snowflake announced a projected $300 million investment in Saudi Arabia operations, potentially strengthening its presence with government and enterprise customers in the region. Snowflake announces projected $300 million investment in Saudi Arabia operations
Neutral Sentiment: Analyst price targets imply additional upside, and options commentary highlights bull call spreads as a lower-risk way to gain exposure. However, these are market opinions rather than new company fundamentals. Snowflake: This Growing AI Stock Is Ripe For Bullish Exposure
Negative Sentiment: Valuation is a significant risk. After a substantial multiyear rally, Snowflake’s share price appears to discount considerable future sales and AI growth. That raises the bar for upcoming results and leaves the stock vulnerable to profit-taking if growth or guidance disappoints. Snowflake Stock Could Be Trading at a Premium

Insider Activity

In related news, CAO Emily Ho sold 768 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $332.93, for a total value of $255,690.24. Following the completion of the sale, the chief accounting officer directly owned 39,958 shares of the company’s stock, valued at $13,303,216.94. The trade was a 1.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Jonathan Beaulier sold 755 shares of the company’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $336.36, for a total transaction of $253,951.80. Following the completion of the transaction, the executive owned 211,619 shares of the company’s stock, valued at $71,180,166.84. This represents a 0.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,246,429 shares of company stock worth $408,832,628 over the last three months. Company insiders own 4.80% of the company’s stock.

Snowflake Company Profile

(Free Report)

Snowflake Inc is a cloud-based data platform company that helps organizations store, process, analyze and share data across public cloud environments. Its platform is designed to support data warehousing, data lakes, data engineering, data applications and analytics without requiring customers to manage the underlying hardware or software infrastructure.

Snowflake offers services for data sharing and collaboration, allowing organizations to securely exchange data with internal teams, customers, partners and third-party providers.