American Century Companies Inc. Raises Position in Snowflake Inc. $SNOW

American Century Companies Inc. lifted its stake in Snowflake Inc. (NYSE:SNOW) by 233.3% in the third quarter, HoldingsChannel reports. The firm owned 2,104,925 shares of the company’s stock after acquiring an additional 1,473,354 shares during the quarter. American Century Companies Inc.’s holdings in Snowflake were worth $474,766,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Snowflake in the third quarter valued at about $25,000. Tripletail Wealth Management LLC acquired a new position in Snowflake during the 3rd quarter worth approximately $28,000. SJS Investment Consulting Inc. increased its position in Snowflake by 4,333.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock worth $30,000 after purchasing an additional 130 shares during the period. Golden State Wealth Management LLC raised its stake in shares of Snowflake by 417.2% during the 2nd quarter. Golden State Wealth Management LLC now owns 150 shares of the company’s stock worth $34,000 after buying an additional 121 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of Snowflake in the 3rd quarter valued at approximately $34,000. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insider Buying and Selling

In related news, SVP Vivek Raghunathan sold 11,801 shares of the firm’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $220.44, for a total transaction of $2,601,412.44. Following the completion of the sale, the senior vice president directly owned 218,020 shares of the company’s stock, valued at approximately $48,060,328.80. This trade represents a 5.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $249.53, for a total transaction of $2,495,300.00. Following the completion of the transaction, the executive vice president owned 512,450 shares in the company, valued at $127,871,648.50. This represents a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 713,681 shares of company stock valued at $148,264,518. Insiders own 6.80% of the company’s stock.

Snowflake Stock Performance

NYSE SNOW opened at $168.42 on Friday. The business’s 50-day moving average price is $198.95 and its 200 day moving average price is $222.58. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake Inc. has a twelve month low of $120.10 and a twelve month high of $280.67. The company has a market capitalization of $57.63 billion, a PE ratio of -42.64 and a beta of 1.14.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.05. Snowflake had a negative net margin of 28.43% and a negative return on equity of 48.50%. The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the business earned $0.30 earnings per share. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. On average, research analysts predict that Snowflake Inc. will post -2.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SNOW. Robert W. Baird increased their price objective on Snowflake from $260.00 to $270.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Jefferies Financial Group set a $300.00 price target on shares of Snowflake in a report on Monday, November 24th. Evercore boosted their price objective on shares of Snowflake from $280.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, December 4th. Raymond James Financial restated an “outperform” rating on shares of Snowflake in a research report on Monday, February 2nd. Finally, The Goldman Sachs Group reduced their price target on shares of Snowflake from $286.00 to $246.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $248.58.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4 beat and healthy demand: Snowflake reported ~30% y/y revenue growth and an EPS beat, with improving cash flow and strong customer metrics that underpin medium‑term revenue momentum. Snowflake Stock Surges After Q4 Revenue Jumps 30%, EPS Tops Estimates
• Positive Sentiment: AI positioning and market opportunity: Management highlighted agentic AI capabilities, partnerships (OpenAI/Anthropic integrations) and accelerating enterprise AI adoption — including faster growth in India — supporting a durable addressable market for Snowflake’s data cloud. Snowflake sees high levels of AI adoption among India Inc; country growth faster than global
• Positive Sentiment: Market technical/bull case: Some analysts and MarketBeat argue the sell‑off is overdone, institutions have been accumulating, and Snowflake’s cross‑cloud data position makes it central to AI workflows — a potential catalyst for a recovery. Is Snowflake’s Stock Meltdown Over? Signs Point to a Bottom
• Neutral Sentiment: Analyst repositioning: Many firms kept Buy/Overweight ratings but trimmed price targets after the quarter (UBS, Morgan Stanley, JPMorgan, Canaccord, etc.), leaving a mix of upside potential and reduced near‑term analyst support. These Analysts Slash Their Forecasts On Snowflake After Q4 Results
• Negative Sentiment: Mixed outlook disappointed some investors: Management’s FY27 product revenue guide (~27%) was viewed as conservative relative to some buyside expectations, contributing to a share pullback despite the beat. Snowflake’s stock dips as the software company gives a mixed outlook
• Negative Sentiment: Rising legal risk: Multiple law firms and class‑action notices were filed or publicized this week, creating legal overhang and increasing near‑term uncertainty for shareholders. Deadlines for lead‑plaintiff filings are being emphasized. Bronstein, Gewirtz & Grossman LLC Urges Snowflake Inc. Investors to Act: Class Action Filed
• Negative Sentiment: Profitability concerns persist: Commentary (e.g., Motley Fool) notes that while growth is strong, durable GAAP profitability remains elusive — a point that keeps some investors sidelined despite the AI narrative. Why I’m Still Not Buying Snowflake Stock

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.