Norden Group LLC Sells 7,843 Shares of Snowflake Inc. $SNOW

Norden Group LLC decreased its holdings in Snowflake Inc. (NYSE:SNOW) by 84.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,438 shares of the company’s stock after selling 7,843 shares during the period. Norden Group LLC’s holdings in Snowflake were worth $315,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC bought a new position in shares of Snowflake during the third quarter worth approximately $25,000. Tripletail Wealth Management LLC bought a new stake in shares of Snowflake in the third quarter valued at approximately $28,000. SJS Investment Consulting Inc. boosted its stake in shares of Snowflake by 4,333.3% in the third quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock valued at $30,000 after buying an additional 130 shares during the period. GoalVest Advisory LLC grew its position in Snowflake by 221.4% during the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock worth $30,000 after buying an additional 93 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new stake in Snowflake during the third quarter worth approximately $34,000. Institutional investors own 65.10% of the company’s stock.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Company AI/product momentum: sell‑side and industry pieces highlight Snowflake’s new agentic AI initiatives (Project SnowWork / Cortex) as drivers of longer‑term revenue and product adoption, and at least one broker reiterated bullish views after meetings with management. Snowflake’s AI Bet Stifel/Benzinga Cortex Coverage
• Positive Sentiment: Partnerships and ecosystem updates extend product reach (examples include NINJIO and Denodo collaborations), supporting adoption that can underpin revenue growth over time. NINJIO Partnership Denodo Joins Snowflake
• Neutral Sentiment: Analyst and sector writeups balance Snowflake’s strong revenue/AI tailwinds with intensifying cloud competition and valuation questions — useful context but not an immediate catalyst. Zacks: Cloud Analytics
• Negative Sentiment: Insider selling has triggered headline risk: recent SEC filings and reports show executive sales (including CAO Emily Ho and other insiders), and a summary report put total recent insider sales near ~$11M — investors often view clustered insider selling as a near‑term negative. Yahoo: Insiders Sold $11M InsiderTrades Form 4
• Negative Sentiment: Legal headlines: multiple law firms have filed or solicited plaintiffs in securities class actions and are pushing an April 27, 2026 lead‑plaintiff deadline — ongoing litigation risk can keep shares under pressure. Rosen Law Firm Notice
• Negative Sentiment: Short‑term sector and post‑earnings pressure: coverage noting Snowflake is down since its last report and broader SaaS/AI volatility has exacerbated outflows from high‑multiple cloud names. Yahoo: Why Is SNOW Down Zacks: Down Since Earnings

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Scotiabank dropped their price objective on Snowflake from $290.00 to $205.00 and set a “sector outperform” rating for the company in a report on Thursday, February 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Snowflake in a report on Wednesday, January 21st. The Goldman Sachs Group reduced their target price on Snowflake from $286.00 to $246.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Royal Bank Of Canada set a $245.00 price target on Snowflake in a research report on Wednesday, February 11th. Finally, Wells Fargo & Company dropped their price target on Snowflake from $290.00 to $210.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $248.58.

Insiders Place Their Bets

In other Snowflake news, Director Michael L. Speiser sold 403 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $175.19, for a total transaction of $70,601.57. Following the completion of the transaction, the director owned 23,315 shares of the company’s stock, valued at approximately $4,084,554.85. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christian Kleinerman sold 2,621 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $170.01, for a total value of $445,596.21. Following the transaction, the executive vice president directly owned 533,494 shares of the company’s stock, valued at approximately $90,699,314.94. The trade was a 0.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 612,238 shares of company stock valued at $116,741,495 in the last quarter. Corporate insiders own 6.80% of the company’s stock.

Snowflake Stock Up 0.1%

Shares of SNOW opened at $152.98 on Monday. The firm has a 50 day simple moving average of $179.42 and a two-hundred day simple moving average of $217.08. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.30 and a quick ratio of 1.30. Snowflake Inc. has a one year low of $120.10 and a one year high of $280.67. The company has a market cap of $52.35 billion, a P/E ratio of -38.73 and a beta of 1.16.

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

About Snowflake

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.