Emily Ho Sells 2,141 Shares of Snowflake (NYSE:SNOW) Stock

Snowflake Inc. (NYSE:SNOW) CAO Emily Ho sold 2,141 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $173.97, for a total value of $372,469.77. Following the transaction, the chief accounting officer directly owned 44,553 shares in the company, valued at $7,750,885.41. This represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Snowflake Trading Up 1.1%

Snowflake stock opened at $162.35 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.37 and a current ratio of 1.30. The stock has a market cap of $55.56 billion, a PE ratio of -41.10 and a beta of 1.16. The stock has a 50-day moving average of $180.57 and a two-hundred day moving average of $217.72. Snowflake Inc. has a one year low of $120.10 and a one year high of $280.67.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.05. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 earnings per share. On average, research analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Stifel reaffirmed a Buy and raised conviction after management meetings, keeping a high price target that supports investor confidence in Snowflake’s growth trajectory. Read More.
• Positive Sentiment: Product/AI catalyst — Project SnowWork (Snowflake’s agentic AI initiative) and continued emphasis on AI integration are being cited as meaningful growth levers that could drive enterprise adoption and higher long‑term revenue multiple. Read More.
• Positive Sentiment: Partnerships and ecosystem momentum (e.g., third‑party integrations and platform tie‑ins) are reinforcing product adoption and cross‑sell potential, helping underpin the near‑term bullish narrative. Read More.
• Neutral Sentiment: Context pieces note Snowflake’s strong revenue growth and AI tailwinds but highlight intensifying cloud competition — supportive for longer‑term upside but mixed for near‑term multiples. Read More.
• Negative Sentiment: Legal headline risk — multiple law firms have filed investor alerts and class‑action notices with an April 27, 2026 lead‑plaintiff deadline, creating ongoing headline and litigation risk that can weigh on the stock. Read More.
• Negative Sentiment: Insider selling — recent SEC filings show sales by senior executives (EVP and CAO); such disclosures have driven short‑term selling and negative headlines. Read More.
• Negative Sentiment: Sector volatility — broader SaaS/AI market swings (e.g., new AI agent capabilities from competitors) are amplifying short‑term outflows and can pressure Snowflake alongside peers. Read More.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Purpose Unlimited Inc. purchased a new stake in Snowflake during the fourth quarter worth $571,000. Rockefeller Capital Management L.P. increased its holdings in Snowflake by 39.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 363,999 shares of the company’s stock valued at $79,847,000 after buying an additional 102,534 shares in the last quarter. Osbon Capital Management LLC purchased a new position in Snowflake in the fourth quarter valued at $47,000. Spear Advisors LLC acquired a new position in shares of Snowflake in the fourth quarter worth about $2,382,000. Finally, World Investment Advisors raised its position in shares of Snowflake by 45.6% in the fourth quarter. World Investment Advisors now owns 5,280 shares of the company’s stock worth $1,158,000 after acquiring an additional 1,653 shares during the period. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on SNOW shares. BTIG Research decreased their price target on shares of Snowflake from $312.00 to $235.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Truist Financial dropped their price objective on shares of Snowflake from $270.00 to $240.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Argus upgraded Snowflake from a “hold” rating to a “buy” rating and set a $300.00 target price for the company in a research note on Thursday, January 8th. JPMorgan Chase & Co. lowered their price target on Snowflake from $268.00 to $245.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Snowflake in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Snowflake currently has an average rating of “Moderate Buy” and an average price target of $248.58.

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.