Snowflake Inc. $SNOW Shares Acquired by Cache Advisors LLC

Cache Advisors LLC lifted its stake in shares of Snowflake Inc. (NYSE:SNOWFree Report) by 175.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,132 shares of the company’s stock after buying an additional 7,084 shares during the quarter. Snowflake accounts for approximately 0.3% of Cache Advisors LLC’s portfolio, making the stock its 26th biggest position. Cache Advisors LLC’s holdings in Snowflake were worth $2,442,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Total Clarity Wealth Management Inc. boosted its holdings in shares of Snowflake by 2.7% during the third quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock valued at $340,000 after acquiring an additional 40 shares during the period. Diligent Investors LLC boosted its holdings in shares of Snowflake by 0.9% during the third quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock valued at $1,036,000 after acquiring an additional 40 shares during the period. Coastline Trust Co boosted its holdings in shares of Snowflake by 1.0% during the third quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock valued at $943,000 after acquiring an additional 42 shares during the period. CX Institutional boosted its holdings in shares of 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 period. Finally, Hazlett Burt & Watson Inc. boosted its holdings in shares of 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 period. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Snowflake

In related news, SVP Vivek Raghunathan sold 3,876 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $152.80, for a total transaction of $592,252.80. Following the completion of the sale, the senior vice president directly owned 273,323 shares in the company, valued at approximately $41,763,754.40. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christian Kleinerman sold 2,621 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $170.01, for a total transaction of $445,596.21. Following the transaction, the executive vice president directly owned 533,494 shares in the company, valued at approximately $90,699,314.94. The trade was a 0.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 594,313 shares of company stock valued at $108,831,780 in the last quarter. Corporate insiders own 6.80% of the company’s stock.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

  • Positive Sentiment: CEO Sridhar Ramaswamy says Snowflake is already seeing strong return on AI investments — coding teams are using AI agents around the clock, which management says boosts developer productivity and accelerates product delivery. Read More.
  • Positive Sentiment: Snowflake is shifting from being “just a data warehouse” to powering autonomous AI agents that act on data, expanding use cases beyond analytics to operational automation — this supports the company’s strategy to capture more enterprise AI spend. Read More.
  • Positive Sentiment: Industry adoption signals: Snowflake Summit coverage highlights how Snowflake’s platform is reshaping finance workflows with AI (helps validate enterprise demand). Read More.
  • Positive Sentiment: Commercial ecosystem expansion — Penguin AI launched healthcare-native AI automation apps as Snowflake Native Apps (prior authorization and medical coding), placing regulated healthcare workflows on Snowflake’s AI Data Cloud and broadening real-world, revenue-generating use cases. Read More.
  • Positive Sentiment: Ecosystem momentum — partners (e.g., Coginiti, Bigeye) joined Snowflake-led Open Semantic Interchange to advance data & AI interoperability, reinforcing network effects and the Marketplace/Native Apps strategy. Read More. Read More.
  • Neutral Sentiment: Valuation and recent price action: analysis pieces highlight a significant pullback (roughly 17% one month, ~36% three months) and debate a “narrative fair value gap,” which frames current shares as cheaper but also reflects investor caution. Read More.
  • Negative Sentiment: Security incidents: multiple reports say Snowflake customers suffered data-theft attacks after a third‑party/SaaS integrator breach and unusual account activity was confirmed — potential reputational and remediation costs, and customer trust risks. Read More. Read More.
  • Negative Sentiment: Rising litigation notices: multiple law firms and investor alerts report a securities class action and encourage claims ahead of an April 27 deadline — increases legal overhang and uncertainty for investors. Read More. Read More.
  • Negative Sentiment: Market positioning: analysts/flows show bearish option activity and trading drift lower in recent sessions, signaling short-term downside pressure despite longer-term AI narratives. Read More.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SNOW. Rosenblatt Securities reiterated a “buy” rating and set a $275.00 price objective on shares of Snowflake in a research report on Thursday, February 26th. Monness Crespi & Hardt boosted their price objective on Snowflake from $275.00 to $282.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Guggenheim reaffirmed a “neutral” rating on shares of Snowflake in a report on Wednesday, February 18th. Wells Fargo & Company reduced their price objective on shares of Snowflake from $290.00 to $210.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Finally, UBS Group reduced their price objective on shares of Snowflake from $265.00 to $235.00 and set a “buy” rating for the company in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $249.62.

View Our Latest Report on SNOW

Snowflake Price Performance

Shares of NYSE:SNOW opened at $149.94 on Thursday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.30 and a current ratio of 1.30. Snowflake Inc. has a one year low of $129.85 and a one year high of $280.67. The company has a market capitalization of $51.83 billion, a PE ratio of -37.96 and a beta of 1.23. The stock has a fifty day moving average of $169.90 and a 200-day moving average of $213.12.

Snowflake (NYSE:SNOWGet Free Report) last released its earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.The company’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 earnings per share. As a group, equities analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Snowflake Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding SNOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Snowflake Inc. (NYSE:SNOWFree Report).

Institutional Ownership by Quarter for Snowflake (NYSE:SNOW)

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