Capital Advisors Inc. OK Acquires Shares of 131,269 Snowflake Inc. $SNOW

Capital Advisors Inc. OK acquired a new stake in Snowflake Inc. (NYSE:SNOW) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 131,269 shares of the company’s stock, valued at approximately $28,795,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Total Clarity Wealth Management Inc. increased its position in shares of Snowflake by 2.7% during the 3rd quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock valued at $340,000 after purchasing an additional 40 shares during the last quarter. Diligent Investors LLC lifted its position in Snowflake by 0.9% in the third quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock worth $1,036,000 after buying an additional 40 shares during the last quarter. Coastline Trust Co boosted its stake in Snowflake by 1.0% during the third quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock worth $943,000 after buying an additional 42 shares during the period. CX Institutional increased its position in Snowflake by 13.2% during the third quarter. CX Institutional now owns 421 shares of the company’s stock valued at $95,000 after acquiring an additional 49 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. increased its position in Snowflake by 44.1% during the third quarter. Hazlett Burt & Watson Inc. now owns 160 shares of the company’s stock valued at $36,000 after acquiring an additional 49 shares during the last quarter. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insider Transactions at Snowflake

In other Snowflake news, EVP Christian Kleinerman sold 2,621 shares of Snowflake stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $170.01, for a total transaction of $445,596.21. Following the completion of the sale, the executive vice president directly owned 533,494 shares of the company’s stock, valued at $90,699,314.94. The trade was a 0.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael L. Speiser sold 50,338 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $175.19, for a total value of $8,818,714.22. Following the completion of the sale, the director owned 30,236 shares of the company’s stock, valued at $5,297,044.84. This represents a 62.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 600,437 shares of company stock worth $114,140,083 over the last three months. Company insiders own 6.80% of the company’s stock.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Internal CRO appointment signals continuity — Snowflake named long‑time veteran Jonathan Beaulier as Chief Revenue Officer, which may reassure investors about go‑to‑market continuity and execution. Read More.
• Positive Sentiment: Marketplace distribution deal — Morningstar expanded its investment data on Snowflake Marketplace, a partnership that can increase marketplace usage and sticky, data‑consumption revenue. Read More.
• Positive Sentiment: Long‑term AI narrative remains supportive — Coverage highlights Snowflake’s Cortex AI suite as a potential high‑margin growth driver by turning the platform into the place enterprises build and run AI, which could boost compute consumption over time.
• Neutral Sentiment: Analyst sentiment is generally constructive — Media pieces noting an average “Buy” recommendation may support sentiment, but they are commentary rather than new catalysts. Read More.
• Negative Sentiment: Multiple class‑action suits and law‑firm solicitations — Several firms (Pomerantz, Rosen, Bernstein Liebhard, Bronstein, Levi & Korsinsky, etc.) have filed suits or issued investor alerts alleging disclosure problems tied to a prior period; April 27 is a key lead‑plaintiff deadline. This legal overhang is a clear near‑term negative for sentiment and could increase volatility and potential liability. Read More.
• Negative Sentiment: Unexpected CRO turnover created uncertainty — Mike Gannon’s departure after only a year prompted investor concern over sales leadership stability, which likely pressured the stock. Read More.
• Negative Sentiment: Talent drain signal — A former Snowflake sales leader was hired as CRO at AtScale, a move that could be interpreted as marginal talent leakage. Read More.

Analyst Ratings Changes

SNOW has been the subject of several analyst reports. Royal Bank Of Canada set a $245.00 target price on shares of Snowflake in a report on Wednesday, February 11th. Rosenblatt Securities reissued a “buy” rating and issued a $275.00 price objective on shares of Snowflake in a research report on Thursday, February 26th. Truist Financial decreased their price objective on shares of Snowflake from $270.00 to $240.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Zacks Research upgraded Snowflake from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Finally, TD Cowen cut their target price on Snowflake from $270.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $249.62.

Snowflake Trading Down 2.2%

SNOW stock opened at $150.24 on Wednesday. Snowflake Inc. has a 12 month low of $120.10 and a 12 month high of $280.67. The firm’s 50-day moving average is $177.16 and its 200 day moving average is $216.08. The company has a market capitalization of $51.94 billion, a PE ratio of -38.04 and a beta of 1.16. 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 (NYSE:SNOW) last released 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 company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The firm’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 EPS. On average, research analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current year.

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.