WD Rutherford LLC Raises Stock Position in Snowflake Inc. $SNOW

WD Rutherford LLC raised its position in Snowflake Inc. (NYSE:SNOW) by 16.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,682 shares of the company’s stock after purchasing an additional 3,072 shares during the quarter. WD Rutherford LLC’s holdings in Snowflake were worth $3,270,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Kemnay Advisory Services Inc. purchased a new position in Snowflake in the fourth quarter worth approximately $28,000. Greenline Wealth Management LLC purchased a new stake in Snowflake in the fourth quarter valued at $29,000. GoalVest Advisory LLC lifted its stake in shares of 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. Physician Wealth Advisors Inc. lifted its stake in shares of Snowflake by 56.0% in the 4th quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock valued at $31,000 after purchasing an additional 51 shares during the last quarter. Finally, MV Capital Management Inc. purchased a new position in shares of Snowflake during the 4th quarter worth $32,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Insider Activity at Snowflake

In related news, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction on Monday, April 6th. The stock was sold at an average price of $148.21, for a total value of $7,460,594.98. Following the completion of the transaction, the director directly owned 29,396 shares in the company, valued at approximately $4,356,781.16. This trade represents a 63.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank Slootman sold 437,076 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $252.43, for a total value of $110,331,094.68. Following the transaction, the director directly owned 38,046 shares of the company’s stock, valued at $9,603,951.78. The trade was a 91.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,798,828 shares of company stock worth $415,351,838. Company insiders own 4.80% of the company’s stock.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake was featured in bullish “buy the pullback” commentary, with analysts pointing to large implied upside across select tech names including SNOW. 5 Tech Stocks to Buy on the July Pullback (SNOW)
• Positive Sentiment: Wells Fargo reportedly lifted its price target on Snowflake to $320 and reiterated a Buy rating, reinforcing optimism around the company’s AI growth story. Snowflake’s (SNOW) AI Business Is Growing Faster Than Many Expected As Analysts Revise Target Price Upward
• Positive Sentiment: Coverage also pointed to Snowflake’s expanding AI monetization and recent business momentum as reasons some investors remain constructive on the stock. MongoDB Vs. Snowflake: Why One Is The Better Stock To Buy In 2026
• Neutral Sentiment: Director Frank Slootman sold a small number of shares under a pre-arranged 10b5-1 plan; this is routine insider activity and does not necessarily signal a change in fundamentals. SEC Form 4 filing
• Neutral Sentiment: Snowflake continues to draw attention from institutions and partner ecosystems, which supports the long-term story but is not a near-term catalyst by itself. ZoomInfo, Recognized as “One to Watch” in Snowflake’s Modern Marketing Data Stack Report
• Negative Sentiment: Several Seeking Alpha pieces turned cautious, arguing Snowflake’s valuation is stretched and that upside may be limited even if AI growth remains solid. Snowflake: The Valuation Wipes Out Opportunity
• Negative Sentiment: Another note downgraded Snowflake, warning that accelerating AI monetization may not be enough to offset premium valuation risk. Snowflake: Value Maxed Tokens Drive Accelerating AI Monetization – Valuation Risks Ahead (Rating Downgrade)

Snowflake Price Performance

Shares of SNOW opened at $260.73 on Thursday. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $284.99. The firm’s 50 day moving average price is $198.52 and its 200 day moving average price is $189.68. The company has a market cap of $90.37 billion, a P/E ratio of -74.07 and a beta of 1.35. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.18.

Snowflake (NYSE:SNOW) last issued its quarterly earnings results on Wednesday, May 27th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.32 by $0.07. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Snowflake had a negative net margin of 23.79% and a negative return on equity of 50.50%. The firm’s revenue was up 33.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 EPS. On average, research analysts forecast that Snowflake Inc. will post -1.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Needham & Company LLC raised their price objective on Snowflake from $300.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. UBS Group reiterated a “buy” rating on shares of Snowflake in a research report on Monday, June 22nd. Cantor Fitzgerald boosted their price target on shares of Snowflake from $225.00 to $282.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Morgan Stanley increased their price objective on shares of Snowflake from $245.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Finally, Canaccord Genuity Group boosted their target price on Snowflake from $240.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $293.53.

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.