H&H International Investment LLC Takes $1.51 Million Position in Snowflake Inc. $SNOW

H&H International Investment LLC bought a new stake in shares of Snowflake Inc. (NYSE:SNOW) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $1,508,000. Snowflake makes up approximately 0.0% of H&H International Investment LLC’s investment portfolio, making the stock its 17th largest holding.

Several other large investors have also added to or reduced their stakes in the business. Kemnay Advisory Services Inc. bought a new position in shares of Snowflake during the 4th quarter worth approximately $28,000. Greenline Wealth Management LLC bought a new stake in shares of Snowflake in the 4th quarter valued at $29,000. Physician Wealth Advisors Inc. lifted its position in shares of Snowflake by 56.0% during the 4th quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock valued at $31,000 after acquiring an additional 51 shares during the period. Emerald Advisers LLC boosted its stake in Snowflake by 95.2% during the first quarter. Emerald Advisers LLC now owns 205 shares of the company’s stock worth $31,000 after acquiring an additional 100 shares in the last quarter. Finally, MV Capital Management Inc. bought a new position in Snowflake during the fourth quarter worth $32,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake Trading Up 4.9%

SNOW opened at $283.55 on Thursday. Snowflake Inc. has a fifty-two week low of $118.30 and a fifty-two week high of $293.56. The firm has a market capitalization of $98.28 billion, a PE ratio of -80.55 and a beta of 1.35. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.05 and a quick ratio of 1.05. The company’s 50-day moving average is $245.62 and its 200 day moving average is $196.12.

Snowflake (NYSE:SNOW) last released its quarterly earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. Snowflake had a negative return on equity of 50.50% and a negative net margin of 23.79%.The company’s quarterly revenue was up 33.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.24 EPS. As a group, research analysts predict that Snowflake Inc. will post -1.84 earnings per share for the current fiscal year.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: New AI governance products strengthen Snowflake’s enterprise positioning. Snowflake launched the Cortex AI Gateway and related security innovations to provide centralized monitoring, activity controls, cost management and secure interoperability for AI agents. These tools address major barriers to corporate AI adoption and could increase platform usage as customers scale agentic-AI deployments. Snowflake launches AI agent governance layer to track activity, control costs
• Positive Sentiment: Analysts see significant additional upside. Wells Fargo reportedly reiterated a bullish view, citing an opportunity for the software stock to gain as much as 85% after its earlier decline. Snowflake’s enterprise-AI expansion, security features and product-revenue guidance calling for approximately 30% growth are supporting the optimistic outlook. Wells Fargo says this software stock can surge 85%
• Positive Sentiment: Partnership activity reinforces the AI-security narrative. 1Password joined Snowflake to address trusted agent interoperability, potentially improving the credibility and adoption of Snowflake’s security and governance offering. 1Password joins Snowflake to tackle AI security
• Neutral Sentiment: Technical momentum has improved. A reported golden-cross setup and a cup-with-handle pattern suggest stronger chart momentum, with technical traders watching a potential breakout near the pattern’s entry level. Snowflake flashes golden cross after sell-off
• Negative Sentiment: Heavy insider selling may concern investors. Director Frank Slootman sold roughly $79.5 million of shares on July 20 and another $2.8 million on July 21, while director Benoit Dageville sold approximately $18.4 million. The transactions were made under pre-arranged Rule 10b5-1 plans, reducing their significance as discretionary bearish signals, but they can still weigh on sentiment.

Insider Activity

In related news, Director Mark Garrett sold 100,000 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $250.00, for a total value of $25,000,000.00. Following the completion of the sale, the director directly owned 8,801 shares of the company’s stock, valued at approximately $2,200,250. This represents a 91.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Frank Slootman sold 437,076 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $252.43, for a total value of $110,331,094.68. Following the transaction, the director owned 38,046 shares in the company, valued at approximately $9,603,951.78. This trade represents a 91.99% 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. Insiders have sold 2,102,015 shares of company stock worth $504,063,952 over the last 90 days. 4.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on SNOW shares. The Goldman Sachs Group lifted their price target on shares of Snowflake from $216.00 to $278.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Canaccord Genuity Group increased their price objective on shares of Snowflake from $240.00 to $325.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Wedbush boosted their target price on Snowflake from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. KeyCorp upped their price target on Snowflake from $285.00 to $325.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Snowflake from $230.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Thirty-four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Snowflake has a consensus rating of “Moderate Buy” and an average target price of $296.27.

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.