Bamco Inc. NY Has $83.77 Million Stake in Snowflake Inc. $SNOW

Posted by Francis Steltz on Jun 18th, 2026

Bamco Inc. NY boosted its stake in Snowflake Inc. (NYSE:SNOW – Free Report) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 381,878 shares of the company’s stock after buying an additional 8,456 shares during the quarter. Bamco Inc. NY’s holdings in Snowflake were worth $83,769,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in Snowflake by 6.3% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 72,664 shares of the company’s stock valued at $15,964,000 after buying an additional 4,307 shares in the last quarter. Beaconlight Capital LLC boosted its stake in Snowflake by 17.4% in the 4th quarter. Beaconlight Capital LLC now owns 27,675 shares of the company’s stock valued at $6,071,000 after buying an additional 4,109 shares in the last quarter. Alight Capital Management LP boosted its stake in Snowflake by 40.0% in the 4th quarter. Alight Capital Management LP now owns 35,000 shares of the company’s stock valued at $7,678,000 after buying an additional 10,000 shares in the last quarter. Align Financial LLC acquired a new stake in Snowflake in the 4th quarter valued at $289,000. Finally, GAM Holding AG acquired a new position in Snowflake in the fourth quarter worth $2,973,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Insider Transactions at Snowflake

In other Snowflake news, Director Frank Slootman sold 437,076 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $252.43, for a total value of $110,331,094.68. Following the transaction, the director owned 38,046 shares of the company’s stock, valued at approximately $9,603,951.78. This represents a 91.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Garrett sold 100,000 shares of the 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 transaction, the director directly owned 8,801 shares in the company, valued at $2,200,250. The trade was a 91.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,493,618 shares of company stock worth $343,531,621. 4.80% of the stock is owned by insiders.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Snowflake announced that Unlimitail chose its platform to power a privacy-preserving retail media data hub across Europe and Latin America, expanding Snowflake’s footprint in retail media and highlighting demand for its data clean room and AI data cloud products. BusinessWire article
Positive Sentiment: Analysts at Jefferies said Snowflake still looks well-positioned despite rising competition from Databricks, arguing that both firms can benefit from continued enterprise spending on data and AI infrastructure. Proactive Investors article
Positive Sentiment: Another analyst note said Snowflake remains attractive because of its strong cash flow and relatively lower valuation versus its growth profile, supporting the stock’s investment case. Benzinga article
Neutral Sentiment: Snowflake also said EDO is expanding its use of Snowflake Cortex AI to power ChatEDO, a sign that customers continue to build AI products on the platform. Yahoo Finance article
Negative Sentiment: Snowflake insiders, including director Frank Slootman, SVP Vivek Raghunathan, and EVP Christian Kleinerman, sold shares under pre-arranged Rule 10b5-1 plans to cover tax withholding on equity awards. While routine, insider selling can still weigh on sentiment. SEC filing
Negative Sentiment: Investor focus also remains on intensifying competition from Databricks, which may pressure Snowflake’s growth narrative even as analysts say both companies can coexist. Proactive Investors article

Snowflake Trading Down 1.7%

Shares of SNOW opened at $234.24 on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.18. Snowflake Inc. has a 12-month low of $118.30 and a 12-month high of $284.99. The firm has a market capitalization of $81.19 billion, a PE ratio of -66.55 and a beta of 1.35. The stock’s fifty day simple moving average is $178.86 and its 200-day simple moving average is $189.60.

Snowflake (NYSE:SNOW – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) 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 business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the firm posted $0.24 earnings per share. The firm’s revenue for the quarter was up 33.5% compared to the same quarter last year. As a group, research analysts predict that Snowflake Inc. will post -1.87 earnings per share for the current year.

Analysts Set New Price Targets

SNOW has been the topic of a number of recent analyst reports. Weiss Ratings lowered Snowflake from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, June 11th. Truist Financial boosted their price objective on Snowflake from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, June 5th. JPMorgan Chase & Co. boosted their price objective on Snowflake from $245.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. DA Davidson boosted their price objective on Snowflake from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, KeyCorp set a $295.00 price objective on Snowflake in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $291.77.

Check Out Our Latest Analysis on SNOW

About Snowflake

(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.