Snowflake Inc. $SNOW Shares Sold by Mitsubishi UFJ Asset Management UK Ltd.

Mitsubishi UFJ Asset Management UK Ltd. reduced its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 30.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,300 shares of the company’s stock after selling 3,200 shares during the quarter. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in Snowflake were worth $1,601,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Berbice Capital Management LLC boosted its position in shares of Snowflake by 46.7% during the 4th quarter. Berbice Capital Management LLC now owns 220 shares of the company’s stock worth $48,000 after acquiring an additional 70 shares in the last quarter. Forefront Wealth Partners LLC boosted its position in shares of Snowflake by 9.1% during the 4th quarter. Forefront Wealth Partners LLC now owns 1,296 shares of the company’s stock worth $284,000 after acquiring an additional 108 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Snowflake during the 4th quarter worth about $6,055,000. Handelsbanken Fonder AB boosted its position in shares of Snowflake by 96.2% during the 4th quarter. Handelsbanken Fonder AB now owns 228,660 shares of the company’s stock worth $50,159,000 after acquiring an additional 112,138 shares in the last quarter. Finally, TimesSquare Capital Management LLC boosted its position in shares of Snowflake by 86.3% during the 4th quarter. TimesSquare Capital Management LLC now owns 209,653 shares of the company’s stock worth $45,989,000 after acquiring an additional 97,128 shares in the last quarter. 65.10% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Bank of America raised its price target on Snowflake to $205 from $195, kept a Buy rating, and said enterprise demand remains strong with early traction in Snowflake’s AI workflow tools. Snowflake seen delivering strong quarter as Bank of America lifts price target
• Positive Sentiment: Citizens JMP reaffirmed its Market Outperform rating and set a much higher $325 price target, reinforcing Wall Street’s bullish view on Snowflake’s long-term upside. Read More
• Positive Sentiment: AVEVA announced a collaboration with Snowflake to accelerate industrial AI and unify IT/OT data, which could expand Snowflake’s reach in enterprise and industrial data workflows. AVEVA Announces Collaboration with Snowflake to Accelerate Industrial AI and Unify IT/OT Data Ecosystems
• Neutral Sentiment: Recent coverage continues to highlight Snowflake as a leading AI software name, with comparisons to other infrastructure plays keeping attention on the stock. Snowflake vs. DELL: Which AI Infrastructure Stock Has the Edge?
• Neutral Sentiment: Articles noting SNOW’s recent strength and broad AI-stock interest may be adding to momentum, but they do not add new company-specific fundamentals. Snowflake (SNOW) stock is up, what you need to know
• Negative Sentiment: Some investor commentary also points to mixed signals around AI infrastructure competition and large insider sales, which can temper enthusiasm even as analysts stay constructive. Snowflake Inc. ($SNOW) CEO 2026 Pay Revealed

Snowflake Stock Up 3.1%

Shares of NYSE SNOW opened at $169.36 on Wednesday. The stock has a market cap of $58.55 billion, a PE ratio of -42.88 and a beta of 1.08. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.18. Snowflake Inc. has a 52-week low of $118.30 and a 52-week high of $280.67. The business has a 50-day moving average price of $154.54 and a 200 day moving average price of $194.81.

Snowflake (NYSE:SNOW) last announced its earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.The business’s revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 EPS. Equities research analysts forecast that Snowflake Inc. will post -2.16 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. BTIG Research lowered their price objective on Snowflake from $312.00 to $235.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Barclays decreased their target price on Snowflake from $204.00 to $192.00 and set an “equal weight” rating for the company in a research report on Thursday, February 26th. The Goldman Sachs Group decreased their target price on Snowflake from $286.00 to $246.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Truist Financial set a $125.00 target price on Snowflake in a research report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. decreased their target price on Snowflake from $268.00 to $245.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $242.19.

Insider Activity

In other Snowflake news, EVP Christian Kleinerman sold 2,621 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $170.01, for a total transaction of $445,596.21. Following the completion of the sale, the executive vice president directly owned 533,494 shares of the company’s stock, valued at $90,699,314.94. This represents a 0.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Emily Ho sold 2,141 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $173.97, for a total value of $372,469.77. Following the sale, the chief accounting officer directly owned 44,553 shares of the company’s stock, valued at approximately $7,750,885.41. This represents a 4.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 284,313 shares of company stock worth $46,617,373 over the last quarter. 6.80% of the stock is owned by insiders.

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.