2,178 Snowflake Inc. $SNOW Shares Sold by Vantage Investment Partners LLC

Vantage Investment Partners LLC trimmed its holdings in Snowflake Inc. (NYSE:SNOW) by 5.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,784 shares of the company’s stock after selling 2,178 shares during the quarter. Vantage Investment Partners LLC’s holdings in Snowflake were worth $11,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Great Lakes Retirement Inc. grew its holdings in Snowflake by 4.9% in the third quarter. Great Lakes Retirement Inc. now owns 6,622 shares of the company’s stock worth $2,249,000 after purchasing an additional 309 shares during the period. Generali Asset Management SPA SGR lifted its holdings in shares of Snowflake by 6.0% during the third quarter. Generali Asset Management SPA SGR now owns 15,491 shares of the company’s stock valued at $5,260,000 after purchasing an additional 878 shares during the last quarter. Asset Management One Co. Ltd. lifted its holdings in shares of Snowflake by 26.8% during the third quarter. Asset Management One Co. Ltd. now owns 178,986 shares of the company’s stock valued at $60,776,000 after purchasing an additional 37,793 shares during the last quarter. MADDEN SECURITIES Corp purchased a new position in shares of Snowflake during the third quarter valued at approximately $68,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Snowflake in the 3rd quarter worth approximately $348,000. 65.10% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Snowflake

In other Snowflake news, EVP Christian Kleinerman sold 15,000 shares of Snowflake stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $341.57, for a total value of $5,123,550.00. Following the completion of the sale, the executive vice president owned 313,738 shares of the company’s stock, valued at approximately $107,163,488.66. This trade represents a 4.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Speiser sold 403 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $344.00, for a total value of $138,632.00. Following the completion of the transaction, the director owned 21,767 shares of the company’s stock, valued at $7,487,848. This represents a 1.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 1,246,429 shares of company stock worth $408,832,628. Insiders own 4.80% of the company’s stock.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Oracle integration expands Snowflake’s distribution. Snowflake AI Data Cloud will become a native, first-party service on Oracle Cloud Infrastructure (OCI). Oracle customers will be able to purchase Snowflake using Oracle Universal Credits, with unified procurement and billing. The arrangement could reduce adoption friction, improve access to enterprise customers, and support consumption growth. Oracle Expands Native AI and Data Services on OCI with Snowflake
• Positive Sentiment: Enterprise AI momentum remains the core bullish argument. Analysts and market commentary point to rising customer adoption, Snowflake’s AI capabilities, and an upbeat fiscal 2027 outlook. Two recent earnings reports reportedly raised full-year product-revenue guidance, while some investors believe management’s outlook may prove conservative. SNOW Rides on Strong Enterprise AI Push
• Positive Sentiment: International expansion adds a longer-term growth opportunity. Snowflake announced a projected $300 million investment in Saudi Arabia operations, potentially strengthening its presence with government and enterprise customers in the region. Snowflake announces projected $300 million investment in Saudi Arabia operations
• Neutral Sentiment: Analyst price targets imply additional upside, and options commentary highlights bull call spreads as a lower-risk way to gain exposure. However, these are market opinions rather than new company fundamentals. Snowflake: This Growing AI Stock Is Ripe For Bullish Exposure
• Negative Sentiment: Valuation is a significant risk. After a substantial multiyear rally, Snowflake’s share price appears to discount considerable future sales and AI growth. That raises the bar for upcoming results and leaves the stock vulnerable to profit-taking if growth or guidance disappoints. Snowflake Stock Could Be Trading at a Premium

Wall Street Analyst Weigh In

Several research firms recently weighed in on SNOW. DA Davidson upped their price target on Snowflake from $300.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Benchmark raised their price objective on Snowflake from $290.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Citizens Jmp lifted their price objective on Snowflake from $408.00 to $488.00 and gave the company a “market outperform” rating in a research note on Thursday, September 3rd. Phillip Securities downgraded Snowflake from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, October 12th. Finally, Deutsche Bank Aktiengesellschaft set a $400.00 target price on Snowflake in a report on Thursday, September 3rd. Thirty-six research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $413.87.

Snowflake Trading Up 0.6%

NYSE:SNOW opened at $339.44 on Thursday. The stock has a market cap of $119.75 billion, a price-to-earnings ratio of -106.74 and a beta of 1.35. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.06. The company’s 50 day moving average price is $332.08 and its 200-day moving average price is $238.78. Snowflake Inc. has a 52 week low of $118.30 and a 52 week high of $384.56.

Snowflake (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.17. Snowflake had a negative net margin of 20.07% and a negative return on equity of 46.32%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same period in the previous year, the business earned $0.35 EPS. The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. On average, equities research analysts forecast that Snowflake Inc. will post -1.42 earnings per share for the current fiscal year.

Snowflake Profile

Snowflake Inc is a cloud-based data platform company that helps organizations store, process, analyze and share data across public cloud environments. Its platform is designed to support data warehousing, data lakes, data engineering, data applications and analytics without requiring customers to manage the underlying hardware or software infrastructure.

Snowflake offers services for data sharing and collaboration, allowing organizations to securely exchange data with internal teams, customers, partners and third-party providers.