Gunderson Capital Management Inc. Purchases New Stake in Snowflake Inc. $SNOW

Gunderson Capital Management Inc. acquired a new position in shares of Snowflake Inc. (NYSE:SNOW) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 14,070 shares of the company’s stock, valued at approximately $3,086,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SNOW. Grey Fox Wealth Advisors LLC purchased a new position in shares of Snowflake during the 3rd quarter worth $25,000. Tripletail Wealth Management LLC purchased a new stake in shares of Snowflake in the third quarter valued at about $28,000. SJS Investment Consulting Inc. grew its holdings in shares of Snowflake by 4,333.3% in the third quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock valued at $30,000 after purchasing an additional 130 shares during the period. GoalVest Advisory LLC boosted its holdings in Snowflake by 221.4% in the 4th quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of Snowflake in the 3rd quarter valued at approximately $34,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake named long-time sales leader Jonathan Beaulier as Chief Revenue Officer to run revenue and go-to-market teams, a move investors view as putting an experienced insider in charge of monetization. Article Title
• Positive Sentiment: Morningstar expanded the scope of investment datasets available on Snowflake Marketplace, strengthening Snowflake’s position in financial-data workflows and creating more high-value, potentially high-margin consumption on the platform. Article Title
• Positive Sentiment: Recent coverage highlights Snowflake’s Cortex AI strategy and solid Q4 operating performance (revenue growth and product momentum), which support the longer-term thesis that AI-driven compute could drive higher consumption revenue. Article Title
• Neutral Sentiment: Wall Street consensus remains constructive (average brokerage recommendation ~Buy), which can support upside if execution continues, but analyst optimism has been questioned in the press. Article Title
• Neutral Sentiment: Snowflake appointed Michel Nader to lead the META region, advancing regional AI and go-to-market efforts — a tactical personnel move with localized growth implications. Article Title
• Negative Sentiment: Investors were unsettled by the surprise departure of CRO Mike Gannon for personal reasons after only a year in the role, which triggered near-term uncertainty about go-to-market continuity. Article Title
• Negative Sentiment: Multiple law firms have filed or are soliciting lead-plaintiff roles in securities class actions alleging disclosure failures tied to a prior class period; the legal notices and potential litigation exposure are a material overhang on the stock. Article Title
• Negative Sentiment: Separately, a former Snowflake sales leader took a CRO role at AtScale, highlighting competitor hiring of Snowflake talent — a modest signal of industry churn around go-to-market expertise. Article Title

Analysts Set New Price Targets

A number of analysts have recently issued reports on SNOW shares. Argus upgraded shares of Snowflake from a “hold” rating to a “buy” rating and set a $300.00 price target for the company in a report on Thursday, January 8th. DA Davidson lowered their price objective on Snowflake from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Needham & Company LLC cut their target price on Snowflake from $280.00 to $200.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Truist Financial reduced their target price on Snowflake from $270.00 to $240.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Stifel Nicolaus set a $205.00 price target on Snowflake in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Snowflake currently has an average rating of “Moderate Buy” and a consensus target price of $249.62.

Snowflake Trading Down 2.2%

Shares of NYSE SNOW opened at $150.24 on Wednesday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $51.94 billion, a PE ratio of -38.04 and a beta of 1.16. Snowflake Inc. has a twelve month low of $120.10 and a twelve month high of $280.67. The stock has a fifty day simple moving average of $177.16 and a 200-day simple moving average of $216.08.

Snowflake (NYSE:SNOW) last posted its earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.05. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the company earned $0.30 EPS. Snowflake’s revenue was up 30.1% on a year-over-year basis. On average, equities analysts forecast that Snowflake Inc. will post -2.36 earnings per share for the current year.

Insider Buying and Selling at Snowflake

In related news, Director Frank Slootman sold 11,299 shares of Snowflake stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $175.25, for a total value of $1,980,149.75. Following the completion of the transaction, the director owned 38,046 shares in the company, valued at approximately $6,667,561.50. The trade was a 22.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 sale, the executive vice president directly owned 533,494 shares in the company, valued at approximately $90,699,314.94. The trade was a 0.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 600,437 shares of company stock valued at $114,140,083 over the last three months. 6.80% of the stock is currently owned by company insiders.

Snowflake Company 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.