Nykredit A S Buys Shares of 119,709 Snowflake Inc. $SNOW

Nykredit A S purchased a new position in shares of Snowflake Inc. (NYSE:SNOW) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 119,709 shares of the company’s stock, valued at approximately $30,466,000.

A number of other hedge funds and other institutional investors have also modified their holdings of SNOW. MV Capital Management Inc. purchased a new stake in shares of Snowflake during the 4th quarter valued at about $32,000. Copos Capital S.a r.l. acquired a new stake in Snowflake during the 4th quarter valued at $35,000. SHP Wealth Management purchased a new stake in Snowflake during the 4th quarter worth $39,000. Basecamp Wealth Advisors LLC increased its stake in Snowflake by 140.5% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 202 shares of the company’s stock worth $30,000 after buying an additional 118 shares during the period. Finally, Emerald Advisers LLC lifted its holdings in Snowflake by 95.2% in the 1st quarter. Emerald Advisers LLC now owns 205 shares of the company’s stock worth $31,000 after buying an additional 100 shares in the last quarter. 65.10% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analysts are raising earnings expectations for Snowflake, a trend that typically supports stock momentum. The average Wall Street price target implies roughly 28.7% upside, although target prices are not guarantees. Surging Earnings Estimates Signal Upside for Snowflake Stock
• Positive Sentiment: Product revenue reportedly increased 37% in fiscal second quarter, driven by AI adoption, greater platform consumption and enterprise expansion. The acceleration strengthens Snowflake’s competitive position against larger technology providers. Snowflake Product Revenue Accelerates
• Positive Sentiment: Snowflake’s chief executive said the platform is evolving from data storage into a source of business insights, while Daasity launched an MCP AI server that turns Snowflake data into governed business intelligence. These developments provide additional evidence of commercial AI use cases. Snowflake CEO on Business Insights
• Neutral Sentiment: Snowflake has attracted substantial online and investor attention. That may increase trading interest, but attention alone does not change the company’s fundamentals. Snowflake Attracting Investor Attention
• Negative Sentiment: Snowflake reduced its fiscal 2027 non-GAAP product gross-margin guidance to 74%, citing a growing mix of lower-margin AI workloads. If AI usage expands faster than pricing or efficiency improves, revenue growth could continue to pressure profitability. What Happens if AI Keeps Costing Snowflake Margin
• Negative Sentiment: Several executives and directors sold shares under pre-arranged plans, primarily to cover tax withholding on vested equity. Although these sales are not necessarily bearish, multiple insider transactions can weigh on sentiment after a substantial rally. Snowflake Insider Selling
• Negative Sentiment: Commentary warns that Snowflake’s valuation already reflects significant AI success while the company remains unprofitable. Any slowdown in growth or further margin deterioration could trigger a sharper pullback. Snowflake Valuation and AI Growth Risks

Analyst Upgrades and Downgrades

Several research firms have recently commented on SNOW. Citigroup upped their target price on Snowflake from $395.00 to $490.00 and gave the company a “buy” rating in a report on Thursday, September 3rd. Stifel Nicolaus upped their price objective on Snowflake from $350.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft set a $400.00 price target on shares of Snowflake in a report on Thursday, September 3rd. Rosenblatt Securities upped their target price on shares of Snowflake from $285.00 to $345.00 and gave the stock a “buy” rating in a research report on Tuesday, September 1st. Finally, Argus lifted their target price on Snowflake from $300.00 to $450.00 and gave the company a “buy” rating in a research note on Friday, September 4th. Thirty-four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $414.24.

Insiders Place Their Bets

In related news, EVP Christian Kleinerman sold 25,000 shares of Snowflake stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $325.00, for a total transaction of $8,125,000.00. Following the completion of the sale, the executive vice president directly owned 340,379 shares of the company’s stock, valued at approximately $110,623,175. This trade represents a 6.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Speiser sold 50,338 shares of Snowflake stock in a transaction on Friday, August 7th. The shares were sold at an average price of $324.06, for a total value of $16,312,532.28. Following the completion of the transaction, the director owned 26,036 shares in the company, valued at approximately $8,437,226.16. The trade was a 65.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,045,087 shares of company stock valued at $314,431,792 over the last 90 days. 4.80% of the stock is owned by insiders.

Snowflake Stock Performance

NYSE:SNOW opened at $331.85 on Friday. The firm’s 50-day moving average is $311.99 and its 200-day moving average is $231.51. The company has a market cap of $117.08 billion, a price-to-earnings ratio of -104.35 and a beta of 1.33. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.94 and a current ratio of 0.94. Snowflake Inc. has a 52-week low of $118.30 and a 52-week high of $384.56.

Snowflake (NYSE:SNOW) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.17. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%.The business’s revenue was up 35.1% on a year-over-year basis. During the same period last year, the firm posted $0.35 EPS. Equities research analysts anticipate that Snowflake Inc. will post -1.57 earnings per share for the current year.

About Snowflake

Snowflake Inc (NYSE: SNOW) is a cloud-based data platform company that helps organizations store, process, analyze and share data. Its platform is designed to support data warehousing, data lakes, data engineering, data science, application development and business intelligence across public cloud environments.

Snowflake’s Data Cloud enables customers to consolidate and access structured, semi-structured and unstructured data while supporting secure data sharing and collaboration. Its offerings include Snowflake Cortex, which provides artificial intelligence and machine-learning capabilities, as well as tools for developing data applications and using data from Snowflake’s marketplace and partner ecosystem.

Founded in 2012, Snowflake serves businesses, government organizations and other institutions globally through cloud infrastructure provided by major public-cloud platforms.