Mitsubishi UFJ Asset Management UK Ltd. Trims Stake in Snowflake Inc. $SNOW

Mitsubishi UFJ Asset Management UK Ltd. lowered its holdings in Snowflake Inc. (NYSE:SNOW) by 30.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,300 shares of the company’s stock after selling 3,200 shares during the quarter. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in Snowflake were worth $1,601,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC purchased a new stake in Snowflake in the third quarter valued at $25,000. GoalVest Advisory LLC raised its position in Snowflake by 221.4% in the fourth 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 period. Physician Wealth Advisors Inc. raised its position in Snowflake by 56.0% in the fourth 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 period. HHM Wealth Advisors LLC raised its position in Snowflake by 50.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock valued at $33,000 after purchasing an additional 50 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of Snowflake in the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Bank of America raised its price target on Snowflake to $205 from $195, kept a Buy rating, and said enterprise demand remains strong with early traction in Snowflake’s AI workflow tools. Snowflake seen delivering strong quarter as Bank of America lifts price target
• Positive Sentiment: Citizens JMP reaffirmed its Market Outperform rating and set a much higher $325 price target, reinforcing Wall Street’s bullish view on Snowflake’s long-term upside. Read More
• Positive Sentiment: AVEVA announced a collaboration with Snowflake to accelerate industrial AI and unify IT/OT data, which could expand Snowflake’s reach in enterprise and industrial data workflows. AVEVA Announces Collaboration with Snowflake to Accelerate Industrial AI and Unify IT/OT Data Ecosystems
• Neutral Sentiment: Recent coverage continues to highlight Snowflake as a leading AI software name, with comparisons to other infrastructure plays keeping attention on the stock. Snowflake vs. DELL: Which AI Infrastructure Stock Has the Edge?
• Neutral Sentiment: Articles noting SNOW’s recent strength and broad AI-stock interest may be adding to momentum, but they do not add new company-specific fundamentals. Snowflake (SNOW) stock is up, what you need to know
• Negative Sentiment: Some investor commentary also points to mixed signals around AI infrastructure competition and large insider sales, which can temper enthusiasm even as analysts stay constructive. Snowflake Inc. ($SNOW) CEO 2026 Pay Revealed

Snowflake Price Performance

Shares of NYSE SNOW opened at $169.36 on Wednesday. The stock’s 50-day moving average is $154.54 and its two-hundred day moving average is $194.81. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.30 and a quick ratio of 1.30. Snowflake Inc. has a 1-year low of $118.30 and a 1-year high of $280.67. The company has a market cap of $58.55 billion, a price-to-earnings ratio of -42.88 and a beta of 1.08.

Snowflake (NYSE:SNOW) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share 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 company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the business earned $0.30 EPS. Snowflake’s revenue was up 30.1% on a year-over-year basis. Analysts forecast that Snowflake Inc. will post -2.16 EPS for the current fiscal year.

Insider Activity at Snowflake

In other Snowflake news, EVP Christian Kleinerman sold 2,621 shares of the company’s stock in a transaction dated 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 owned 533,494 shares in the company, valued at $90,699,314.94. This represents a 0.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Emily Ho sold 2,141 shares of the company’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $173.97, for a total value of $372,469.77. Following the sale, the chief accounting officer owned 44,553 shares in the company, valued at approximately $7,750,885.41. This trade represents a 4.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 284,313 shares of company stock worth $46,617,373 over the last quarter. 6.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on SNOW. The Goldman Sachs Group cut their price objective on Snowflake from $286.00 to $246.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Raymond James Financial reiterated an “outperform” rating on shares of Snowflake in a report on Monday, February 2nd. Needham & Company LLC cut their price objective on Snowflake from $280.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Morgan Stanley cut their price objective on Snowflake from $270.00 to $245.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Finally, UBS Group cut their price objective on Snowflake from $235.00 to $210.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $242.19.

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.