Cwm LLC Increases Stock Holdings in Snowflake Inc. $SNOW

Cwm LLC grew its holdings in Snowflake Inc. (NYSE:SNOW) by 13.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 245,263 shares of the company’s stock after acquiring an additional 29,051 shares during the quarter. Cwm LLC owned 0.07% of Snowflake worth $55,319,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SNOW. Vanguard Group Inc. increased its holdings in shares of Snowflake by 2.2% in the second quarter. Vanguard Group Inc. now owns 27,789,761 shares of the company’s stock valued at $6,218,515,000 after purchasing an additional 595,553 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in Snowflake in the second quarter valued at approximately $3,900,134,000. Jennison Associates LLC increased its holdings in Snowflake by 20.5% in the 2nd quarter. Jennison Associates LLC now owns 8,000,667 shares of the company’s stock worth $1,790,309,000 after buying an additional 1,363,389 shares during the period. State Street Corp increased its holdings in Snowflake by 1.4% in the 2nd quarter. State Street Corp now owns 6,887,073 shares of the company’s stock worth $1,541,120,000 after buying an additional 94,293 shares during the period. Finally, Artisan Partners Limited Partnership raised its position in Snowflake by 15.2% during the 2nd quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company’s stock worth $1,108,045,000 after buying an additional 652,485 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake is reportedly in talks to acquire observability/app‑monitoring startup Observe for about $1 billion to deepen its AI and observability capabilities — a deal that would accelerate Snowflake’s push into AI‑driven, usage‑based revenue. Read More.
• Positive Sentiment: Analyst coverage remains constructive: Snowflake has a consensus “Moderate Buy,” which supports investor expectations for continued growth and underpins upside potential if AI adoption keeps accelerating. Read More.
• Neutral Sentiment: Quarterly/sector context — broader writeups comparing Snowflake to other data/storage names revisit Q3 results and AI demand drivers; useful context but no new company guidance. Read More.
• Negative Sentiment: Large insider sale by Frank Slootman: the director sold 200,000 shares (public filings), a transaction large enough to create short‑term selling pressure or raise investor questions about timing. Read More.
• Negative Sentiment: EVP Christian Kleinerman sold 4,755 shares (~$1.07M), another insider disposal that adds to the impression of distribution even if smaller in size. Read More.
• Negative Sentiment: CAO Emily Ho sold 1,072 shares (and has sold other lots recently) — multiple insider sales this week amplify caution around near‑term selling pressure. Read More.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SNOW. Evercore ISI raised their target price on shares of Snowflake from $280.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, December 4th. Morgan Stanley increased their price target on Snowflake from $272.00 to $299.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Scotiabank reiterated an “outperform” rating on shares of Snowflake in a research note on Thursday, December 4th. Truist Financial boosted their price objective on Snowflake from $235.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, DA Davidson reaffirmed a “buy” rating and set a $300.00 target price on shares of Snowflake in a report on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Snowflake currently has a consensus rating of “Moderate Buy” and a consensus target price of $275.32.

Snowflake Price Performance

Snowflake stock opened at $221.63 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.37 and a current ratio of 1.37. The company’s fifty day moving average price is $246.24 and its 200 day moving average price is $228.05. The stock has a market capitalization of $75.84 billion, a P/E ratio of -54.86 and a beta of 1.09. Snowflake Inc. has a 1 year low of $120.10 and a 1 year high of $280.67.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.04. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.18 billion. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The company’s revenue was up 28.7% compared to the same quarter last year. During the same period last year, the firm posted $0.20 earnings per share. As a group, equities research analysts anticipate that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

Insider Transactions at Snowflake

In other news, CAO Emily Ho sold 1,072 shares of Snowflake stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $223.63, for a total value of $239,731.36. Following the sale, the chief accounting officer directly owned 43,809 shares of the company’s stock, valued at $9,797,006.67. The trade was a 2.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Christian Kleinerman sold 4,755 shares of the business’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $224.30, for a total value of $1,066,546.50. Following the sale, the executive vice president owned 536,587 shares of the company’s stock, valued at $120,356,464.10. The trade was a 0.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 423,681 shares of company stock valued at $98,164,051. 6.80% of the stock is currently owned by corporate insiders.

Snowflake 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.