Temasek Holdings Private Ltd Purchases 5,266 Shares of Snowflake Inc. $SNOW

Temasek Holdings Private Ltd raised its position in shares of Snowflake Inc. (NYSE:SNOW) by 2.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,427 shares of the company’s stock after acquiring an additional 5,266 shares during the period. Temasek Holdings Private Ltd’s holdings in Snowflake were worth $42,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Total Clarity Wealth Management Inc. increased its position in Snowflake by 2.7% in the third quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock worth $340,000 after purchasing an additional 40 shares during the last quarter. Coastline Trust Co raised its stake in Snowflake by 1.0% during the third quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock valued at $943,000 after purchasing an additional 42 shares in the last quarter. CX Institutional lifted its position in Snowflake by 13.2% during the third quarter. CX Institutional now owns 421 shares of the company’s stock valued at $95,000 after purchasing an additional 49 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in Snowflake by 44.1% during the third quarter. Hazlett Burt & Watson Inc. now owns 160 shares of the company’s stock valued at $36,000 after purchasing an additional 49 shares during the last quarter. Finally, Insigneo Advisory Services LLC grew its stake in shares of Snowflake by 1.3% in the 2nd quarter. Insigneo Advisory Services LLC now owns 4,003 shares of the company’s stock worth $896,000 after buying an additional 52 shares in the last quarter. 65.10% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on SNOW. Scotiabank reduced their target price on shares of Snowflake from $290.00 to $205.00 and set a “sector outperform” rating on the stock in a report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Snowflake from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Zacks Research raised Snowflake from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Stifel Nicolaus set a $205.00 price objective on Snowflake in a research report on Thursday, February 26th. Finally, Canaccord Genuity Group lowered their price objective on Snowflake from $270.00 to $240.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.58.

Insiders Place Their Bets

In other news, EVP Christian Kleinerman sold 10,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $219.90, for a total value of $2,199,000.00. Following the sale, the executive vice president directly owned 471,351 shares in the company, valued at approximately $103,650,084.90. This represents a 2.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Vivek Raghunathan sold 11,801 shares of the firm’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $220.44, for a total value of $2,601,412.44. Following the sale, the senior vice president directly owned 218,020 shares of the company’s stock, valued at $48,060,328.80. This represents a 5.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 713,732 shares of company stock worth $144,510,676. Corporate insiders own 6.80% of the company’s stock.

Snowflake Price Performance

SNOW stock opened at $178.60 on Friday. The stock has a market cap of $61.12 billion, a PE ratio of -45.22 and a beta of 1.16. Snowflake Inc. has a 12 month low of $120.10 and a 12 month high of $280.67. The company has a 50-day moving average price of $189.67 and a 200 day moving average price of $221.18. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. Snowflake had a negative net margin of 28.43% and a negative return on equity of 48.50%. The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.30 EPS. Equities research analysts anticipate that Snowflake Inc. will post -2.36 earnings per share for the current year.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake reported robust product momentum: product revenues rose to $1.22B in Q4 and management is guiding Q1 FY27 revenue growth of ~27% YoY — a clear near‑term revenue catalyst supporting upside expectations. Read More.
• Positive Sentiment: Analyst bullishness — Canaccord and other firms continue to show conviction (consensus target ~ $240 per the note), keeping a majority of covering analysts constructive and implying material upside versus current levels. Read More.
• Positive Sentiment: AI and market positioning — Multiple pieces (company research, Forbes/industry coverage, and a study highlighting India as an early GenAI adopter) reinforce Snowflake’s role as the “AI data cloud” provider, supporting longer‑term TAM expansion and customer adoption. Read More.
• Neutral Sentiment: Market interest and background analysis — Zacks and other outlets note Snowflake is a trending stock and provide refreshers on financials and use cases; useful context for traders but not immediate catalysts. Read More.
• Neutral Sentiment: Valuation debate — Analysts and commentators (e.g., Seeking Alpha) acknowledge strong growth but flag that valuation is not cheap, suggesting upside depends on execution and margin improvement. Read More.
• Negative Sentiment: Litigation wave — Multiple law firms have filed or announced notices related to a securities class period and April 27 lead‑plaintiff deadlines; proliferation of claims raises legal and financial overhang risk. Read More.
• Negative Sentiment: Insider/director selling — Recent Form 4 disclosures show sales by senior management and a director (including Frank Slootman and EVP Christian Kleinerman); media linked these trades to near‑term selling pressure. Read More.

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.