Silicon Valley Capital Partners raised its holdings in shares of Snowflake Inc. (NYSE:SNOW – Free Report) by 5,287.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,879 shares of the company’s stock after acquiring an additional 52,879 shares during the period. Snowflake makes up 0.8% of Silicon Valley Capital Partners’ holdings, making the stock its 29th largest position. Silicon Valley Capital Partners’ holdings in Snowflake were worth $8,126,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of SNOW. HHM Wealth Advisors LLC increased its stake in Snowflake by 50.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock valued at $33,000 after buying an additional 50 shares during the period. United Asset Strategies Inc. lifted its stake in shares of Snowflake by 1.4% in the 4th quarter. United Asset Strategies Inc. now owns 3,544 shares of the company’s stock worth $777,000 after acquiring an additional 50 shares during the period. Physician Wealth Advisors Inc. boosted its holdings in shares of Snowflake by 56.0% in the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock valued at $31,000 after acquiring an additional 51 shares in the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of Snowflake by 4.7% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,312 shares of the company’s stock valued at $288,000 after acquiring an additional 59 shares in the last quarter. Finally, Great Valley Advisor Group Inc. increased its stake in shares of Snowflake by 4.4% during the fourth quarter. Great Valley Advisor Group Inc. now owns 1,438 shares of the company’s stock valued at $316,000 after acquiring an additional 60 shares during the period. Institutional investors own 65.10% of the company’s stock.
Snowflake Price Performance
NYSE SNOW opened at $298.05 on Friday. Snowflake Inc. has a 1 year low of $118.30 and a 1 year high of $298.23. The business’s fifty day moving average is $248.27 and its two-hundred day moving average is $196.68. The stock has a market capitalization of $103.31 billion, a P/E ratio of -84.67 and a beta of 1.35. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.05 and a current ratio of 1.05.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on SNOW. Rosenblatt Securities upped their target price on Snowflake from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Oppenheimer lifted their price target on Snowflake from $250.00 to $295.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Sanford C. Bernstein upped their price objective on Snowflake from $195.00 to $250.00 and gave the company a “market perform” rating in a report on Thursday, May 28th. Citigroup raised their target price on Snowflake from $260.00 to $320.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, Jefferies Financial Group lifted their target price on Snowflake from $300.00 to $310.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Thirty-four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $296.27.
Get Our Latest Stock Report on SNOW
Insider Activity at Snowflake
In other Snowflake news, Director Frank Slootman sold 437,076 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $252.43, for a total transaction of $110,331,094.68. Following the sale, the director owned 38,046 shares in the company, valued at approximately $9,603,951.78. The trade was a 91.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Garrett sold 100,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $250.00, for a total transaction of $25,000,000.00. Following the completion of the transaction, the director owned 8,801 shares of the company’s stock, valued at approximately $2,200,250. The trade was a 91.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,051,274 shares of company stock worth $496,879,031 in the last quarter. 4.80% of the stock is owned by company insiders.
Key Headlines Impacting Snowflake
Here are the key news stories impacting Snowflake this week:
- Positive Sentiment: Wells Fargo raised its valuation outlook substantially. The firm reportedly sees an $500 price target, implying significant additional upside, and argues that concerns about AI disrupting software have been overdone. The bullish call is helping reinforce the market’s renewed optimism toward Snowflake’s growth prospects. Wells Fargo sees a massive number in Snowflake’s future
- Positive Sentiment: Snowflake joined Cursor’s Benchmark Partners program alongside AWS, Databricks, McKinsey, BCG and NVIDIA. The partnership is intended to help enterprises deploy and scale AI-powered software development, potentially increasing Snowflake’s visibility and usage in enterprise AI workloads. Cursor Launches Benchmark Partners Program
- Positive Sentiment: Snowflake launched an AI-agent governance layer designed to monitor agent activity, improve security and control costs. The product addresses key barriers to enterprise AI adoption and supports the company’s broader push into governance, security and data management. Snowflake launches AI agent governance layer
- Positive Sentiment: Analysts highlighted Snowflake’s deepening enterprise AI push and approximately 30% product-revenue growth guidance as potential catalysts for further gains. The stock’s recent advance and new high suggest investors are rewarding evidence that AI may expand, rather than undermine, demand for Snowflake’s platform. Snowflake’s Enterprise AI Push Deepens
- Neutral Sentiment: NTT DATA and Snowflake cautioned that identity controls alone will not secure enterprise AI agents. The discussion underscores the need for broader governance and monitoring tools—an opportunity for Snowflake, although it also highlights the complexity and execution challenges of the emerging market. NTT DATA AIVista and Snowflake
- Negative Sentiment: Insider selling remains a counterpoint. Directors Benoit Dageville and Frank Slootman sold sizeable blocks of SNOW shares, including approximately $18.4 million and $2.8 million transactions. The sales were disclosed as planned transactions, but they may raise valuation and insider-confidence concerns after the stock’s sharp recovery. Snowflake Director Benoit Dageville Sells 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.
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