Snowflake Inc. $SNOW Shares Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its holdings in Snowflake Inc. (NYSE:SNOW) by 79.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 10,363 shares of the company’s stock after buying an additional 4,593 shares during the period. Benjamin Edwards Inc.’s holdings in Snowflake were worth $2,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Snowflake by 5.1% in the 4th quarter. Vanguard Group Inc. now owns 30,095,687 shares of the company’s stock valued at $6,601,790,000 after acquiring an additional 1,448,094 shares during the period. Jennison Associates LLC grew its position in Snowflake by 27.7% in the 4th quarter. Jennison Associates LLC now owns 11,603,302 shares of the company’s stock valued at $2,545,300,000 after buying an additional 2,519,413 shares during the last quarter. American Century Companies Inc. grew its position in Snowflake by 233.3% in the 3rd quarter. American Century Companies Inc. now owns 2,104,925 shares of the company’s stock valued at $474,766,000 after buying an additional 1,473,354 shares during the last quarter. Northern Trust Corp grew its position in Snowflake by 2.7% in the 3rd quarter. Northern Trust Corp now owns 2,089,150 shares of the company’s stock valued at $471,208,000 after buying an additional 55,683 shares during the last quarter. Finally, Coatue Management LLC purchased a new position in Snowflake in the 3rd quarter valued at $441,277,000. 65.10% of the stock is owned by institutional investors and hedge funds.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Wall Street analysts’ consensus price targets imply large upside versus the current share price, suggesting buy-side conviction and potential price support if analyst optimism persists. Wall Street Sees 66% Upside for Snowflake Despite AI Data Cloud Selloff
• Positive Sentiment: o9 Solutions announced an integration using Snowflake’s Connected Application framework to link the o9 Digital Brain to Snowflake’s AI Data Cloud — a partnership that can drive additional enterprise adoption and usage-based revenue over time. o9 Solutions Announces Connected Application on Snowflake to Advance Enterprise Planning on a Unified Data Foundation
• Neutral Sentiment: Bank of America reiterated a Buy rating but trimmed its price target (from $275 to $195), which signals continued bullish conviction but reduces near-term upside expectations and may cap momentum. BofA Maintains Buy Rating on Snowflake (SNOW)
• Neutral Sentiment: Media pieces highlighting broad broker/analyst buy consensus reinforce positive narrative but note the usual caveats about analyst optimism; such coverage can support interest but is not a catalyst on its own. Brokers Suggest Investing in Snowflake (SNOW): Read This Before Placing a Bet
• Neutral Sentiment: Snowflake set its Q1 FY2027 earnings release for May 27, which creates an upcoming catalyst for volatility — investors should expect guidance and usage metrics that could swing the stock. Snowflake to Announce Financial Results for the First Quarter of Fiscal 2027 on May 27, 2026
• Negative Sentiment: Large director share sales (executed under a pre-arranged Rule 10b5-1 plan) were disclosed — while pre-arranged plans reduce informational concern, the magnitude of the sales can weigh on sentiment if investors view insider selling as a negative signal. SEC Filing: Insider Form 4 — Michael L. Speiser

Insider Activity at Snowflake

In related news, CAO Emily Ho sold 2,141 shares of the business’s stock in a transaction dated 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 in the company, valued at $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 available at this hyperlink. Also, Director Michael L. Speiser sold 403 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $141.59, for a total transaction of $57,060.77. Following the completion of the sale, the director owned 22,509 shares in the company, valued at $3,187,049.31. This represents a 1.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 435,054 shares of company stock worth $72,691,801. 6.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on SNOW. Wells Fargo & Company lowered their price objective on shares of Snowflake from $290.00 to $210.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Piper Sandler lowered their price objective on shares of Snowflake from $285.00 to $230.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Guggenheim reiterated a “neutral” rating on shares of Snowflake in a research report on Wednesday, February 18th. Needham & Company LLC lowered their price objective on shares of Snowflake from $280.00 to $200.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $250.00 price objective on shares of Snowflake in a research report on Monday, February 23rd. One research analyst has 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 company’s stock. According to MarketBeat.com, Snowflake presently has a consensus rating of “Moderate Buy” and a consensus price target of $242.19.

Snowflake Price Performance

Shares of NYSE SNOW opened at $141.75 on Wednesday. The firm has a market capitalization of $49.00 billion, a P/E ratio of -35.89 and a beta of 1.08. Snowflake Inc. has a one year low of $118.30 and a one year high of $280.67. The company’s fifty day moving average is $157.50 and its two-hundred day moving average is $201.76. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.30 and a current ratio of 1.30.

Snowflake (NYSE:SNOW) last issued its earnings results on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, topping the consensus estimate 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 50.61%. The business’s revenue was up 30.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 EPS. Analysts forecast that Snowflake Inc. will post -2.16 EPS for the current fiscal year.

About Snowflake

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.