Nepsis Inc. Sells 11,143 Shares of Snowflake Inc. $SNOW

Nepsis Inc. lowered its stake in shares of Snowflake Inc. (NYSE:SNOW) by 16.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,951 shares of the company’s stock after selling 11,143 shares during the period. Snowflake makes up 3.7% of Nepsis Inc.’s investment portfolio, making the stock its 14th biggest holding. Nepsis Inc.’s holdings in Snowflake were worth $12,054,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. increased its stake in Snowflake by 1.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 732,092 shares of the company’s stock valued at $165,123,000 after purchasing an additional 8,002 shares in the last quarter. Federated Hermes Inc. lifted its stake in shares of Snowflake by 13.5% in the third quarter. Federated Hermes Inc. now owns 408,037 shares of the company’s stock valued at $92,047,000 after buying an additional 48,411 shares in the last quarter. William Blair Investment Management LLC acquired a new position in shares of Snowflake during the third quarter valued at about $116,882,000. Penserra Capital Management LLC grew its holdings in shares of Snowflake by 32.8% during the third quarter. Penserra Capital Management LLC now owns 153,358 shares of the company’s stock valued at $34,586,000 after buying an additional 37,911 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Snowflake by 3.1% during the third quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock worth $6,461,465,000 after acquiring an additional 857,832 shares in the last quarter. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SNOW has been the topic of a number of analyst reports. Barclays lowered their target price on shares of Snowflake from $204.00 to $192.00 and set an “equal weight” rating on the stock in a report on Thursday, February 26th. Morgan Stanley cut their price target on Snowflake from $270.00 to $245.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Macquarie Infrastructure increased their price objective on Snowflake from $235.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. DA Davidson dropped their target price on Snowflake from $300.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Piper Sandler cut their target price on Snowflake from $285.00 to $230.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $248.58.

Insider Buying and Selling at Snowflake

In related news, CAO Emily Ho sold 2,141 shares of Snowflake 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 completion of the transaction, the chief accounting officer directly owned 44,553 shares in the company, valued at approximately $7,750,885.41. The trade was a 4.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frank Slootman sold 11,299 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $175.25, for a total transaction of $1,980,149.75. Following the sale, the director directly owned 38,046 shares in the company, valued at $6,667,561.50. The trade was a 22.90% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 612,238 shares of company stock worth $116,741,495. 6.80% of the stock is currently owned by company insiders.

Snowflake Trading Down 5.8%

Shares of SNOW opened at $152.98 on Friday. Snowflake Inc. has a fifty-two week low of $120.10 and a fifty-two week high of $280.67. The business has a 50-day moving average of $179.42 and a 200 day moving average of $217.21. The firm has a market cap of $52.35 billion, a P/E ratio of -38.73 and a beta of 1.16. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.37 and a current ratio of 1.30.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.27 by $0.05. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The company’s revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 earnings per share. As a group, research analysts forecast that Snowflake Inc. will post -2.36 EPS for the current year.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Company AI/product momentum: sell‑side and industry pieces highlight Snowflake’s new agentic AI initiatives (Project SnowWork / Cortex) as drivers of longer‑term revenue and product adoption, and at least one broker reiterated bullish views after meetings with management. Snowflake’s AI Bet Stifel/Benzinga Cortex Coverage
• Positive Sentiment: Partnerships and ecosystem updates extend product reach (examples include NINJIO and Denodo collaborations), supporting adoption that can underpin revenue growth over time. NINJIO Partnership Denodo Joins Snowflake
• Neutral Sentiment: Analyst and sector writeups balance Snowflake’s strong revenue/AI tailwinds with intensifying cloud competition and valuation questions — useful context but not an immediate catalyst. Zacks: Cloud Analytics
• Negative Sentiment: Insider selling has triggered headline risk: recent SEC filings and reports show executive sales (including CAO Emily Ho and other insiders), and a summary report put total recent insider sales near ~$11M — investors often view clustered insider selling as a near‑term negative. Yahoo: Insiders Sold $11M InsiderTrades Form 4
• Negative Sentiment: Legal headlines: multiple law firms have filed or solicited plaintiffs in securities class actions and are pushing an April 27, 2026 lead‑plaintiff deadline — ongoing litigation risk can keep shares under pressure. Rosen Law Firm Notice
• Negative Sentiment: Short‑term sector and post‑earnings pressure: coverage noting Snowflake is down since its last report and broader SaaS/AI volatility has exacerbated outflows from high‑multiple cloud names. Yahoo: Why Is SNOW Down Zacks: Down Since Earnings

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.