3,351 Snowflake Inc. $SNOW Shares Bought by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC increased its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 13.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,636 shares of the company’s stock after acquiring an additional 3,351 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Snowflake were worth $9,724,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. WPG Advisers LLC raised its stake in shares of Snowflake by 27.8% during the 3rd quarter. WPG Advisers LLC now owns 248 shares of the company’s stock worth $84,000 after purchasing an additional 54 shares during the period. VestGen Advisors LLC grew its position in Snowflake by 14.5% during the third quarter. VestGen Advisors LLC now owns 3,948 shares of the company’s stock valued at $1,341,000 after buying an additional 500 shares during the period. Heritage Wealth Management Inc. CA bought a new position in Snowflake during the third quarter valued at about $5,369,000. Great Lakes Retirement Inc. grew its position in Snowflake by 4.9% during the third quarter. Great Lakes Retirement Inc. now owns 6,622 shares of the company’s stock valued at $2,249,000 after buying an additional 309 shares during the period. Finally, Generali Asset Management SPA SGR grew its position in 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 buying an additional 878 shares during the period. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insider Activity at Snowflake

In related news, CRO Jonathan Beaulier sold 755 shares of the company’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $336.36, for a total transaction of $253,951.80. Following the sale, the executive directly owned 211,619 shares in the company, valued at approximately $71,180,166.84. This represents a 0.36% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael Speiser sold 403 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $344.00, for a total transaction of $138,632.00. Following the completion of the transaction, the director directly owned 21,767 shares of the company’s stock, valued at approximately $7,487,848. This trade represents a 1.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,246,429 shares of company stock worth $408,832,628 in the last ninety days. Insiders own 4.80% of the company’s stock.

Snowflake News Roundup

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

Snowflake Stock Up 0.6%

Shares of NYSE SNOW opened at $339.44 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $119.75 billion, a PE ratio of -106.74 and a beta of 1.35. Snowflake Inc. has a one year low of $118.30 and a one year high of $384.56. The business’s fifty day moving average price is $332.08 and its 200-day moving average price is $238.78.

Snowflake (NYSE:SNOW) last issued its earnings results 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. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.48 billion. Snowflake had a negative net margin of 20.07% and a negative return on equity of 46.32%. The company’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the business earned $0.35 earnings per share. On average, equities research analysts anticipate that Snowflake Inc. will post -1.42 EPS for the current year.

Analyst Upgrades and Downgrades

SNOW has been the subject of a number of research analyst reports. Cantor Fitzgerald raised their price objective on shares of Snowflake from $405.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Truist Financial set a $425.00 target price on shares of Snowflake and gave the company a “buy” rating in a research note on Thursday, September 3rd. Oppenheimer increased their target price on shares of Snowflake from $400.00 to $475.00 and gave the company an “outperform” rating in a research report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft set a $400.00 price target on shares of Snowflake in a research note on Thursday, September 3rd. Finally, Piper Sandler restated an “overweight” rating and set a $450.00 price target (up from $320.00) on shares of Snowflake in a research note on Thursday, September 3rd. Thirty-six research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $413.87.

Snowflake Company 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.