SG Americas Securities LLC Boosts Holdings in Snowflake Inc. $SNOW

Key Points

• SG Americas Securities LLC boosted its stake in Snowflake by 843.3% in Q4, acquiring an additional 142,410 shares to hold 159,297 shares valued at approximately $34.94 million.
• Significant insider selling has occurred recently — Director Frank Slootman sold 11,299 shares and CAO Emily Ho sold 2,141 shares, with insiders selling a total of 612,238 shares worth about $116.74 million in the past 90 days, leaving insiders with 6.8% ownership.
• Analysts remain broadly positive and Snowflake posted strong results this quarter (revenue $1.28B, EPS $0.32), with a consensus rating of "Moderate Buy" and an average price target of $248.58.

SG Americas Securities LLC increased its holdings in Snowflake Inc. (NYSE:SNOW - Free Report) by 843.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 159,297 shares of the company's stock after purchasing an additional 142,410 shares during the period. SG Americas Securities LLC's holdings in Snowflake were worth $34,943,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SNOW. Grey Fox Wealth Advisors LLC purchased a new stake in Snowflake during the third quarter valued at about $25,000. Tripletail Wealth Management LLC purchased a new position in shares of Snowflake in the third quarter worth about $28,000. SJS Investment Consulting Inc. increased its holdings 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 worth $30,000 after buying an additional 130 shares during the period. GoalVest Advisory LLC lifted its stake in shares of Snowflake by 221.4% in the 4th quarter. GoalVest Advisory LLC now owns 135 shares of the company's stock valued at $30,000 after acquiring an additional 93 shares during the last quarter. Finally, Root Financial Partners LLC bought a new stake in shares of Snowflake in the 3rd quarter valued at about $34,000. Institutional investors own 65.10% of the company's stock.

Insider Activity at Snowflake

In related news, Director Frank Slootman sold 11,299 shares of Snowflake stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $175.25, for a total value of $1,980,149.75. Following the sale, the director owned 38,046 shares in the company, valued at $6,667,561.50. The trade was a 22.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Emily Ho sold 2,141 shares of the business's stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $173.97, for a total transaction of $372,469.77. Following the transaction, the chief accounting officer directly owned 44,553 shares in the company, valued at approximately $7,750,885.41. The trade was a 4.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 612,238 shares of company stock worth $116,741,495. 6.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

SNOW has been the topic of several recent research reports. Rosenblatt Securities restated a "buy" rating and set a $275.00 price target on shares of Snowflake in a research report on Thursday, February 26th. Citigroup lowered their price objective on Snowflake from $300.00 to $270.00 and set a "buy" rating for the company in a research report on Wednesday, February 18th. Robert W. Baird increased their price objective on Snowflake from $260.00 to $270.00 and gave the company an "outperform" rating in a research note on Thursday, December 4th. Argus upgraded shares of Snowflake from a "hold" rating to a "buy" rating and set a $300.00 target price on the stock in a report on Thursday, January 8th. Finally, Truist Financial lowered their price target on shares of Snowflake from $270.00 to $240.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Two analysts have 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. Based on data from MarketBeat.com, Snowflake has an average rating of "Moderate Buy" and an average price target of $248.58.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake’s Project SnowWork and bullish coverage: MarketBeat highlights the company’s new agentic AI platform (Project SnowWork) as a potential catalyst that ties Snowflake’s data platform to enterprise AI workflows and cites analyst price targets implying significant upside. Snowflake’s AI Bet: Can Project SnowWork Stop the 2026 SaaS Sell-Off Spiral?
• Positive Sentiment: Partnerships & ecosystem momentum: Snowflake was named partner in new product launches and standards initiatives (e.g., NINJIO partnership for reporting and Denodo joining the Open Semantic Interchange), which support product adoption and positioning in the enterprise AI/data market. NINJIO Partners with Snowflake and Sigma to Launch NINJIO Insights Denodo Joins Snowflake and Industry Leaders
• Neutral Sentiment: Analyst/industry writeups note strong revenue growth and AI tailwinds but also rising cloud competition; these pieces provide context for longer‑term upside while acknowledging near‑term headwinds. Snowflake Expands in Cloud Analytics: A Sign for More Upside?
• Negative Sentiment: Insider selling headlines: Reports that the founder/CAO and other executives sold shares this week have been widely reported and are being tied directly to a sharp intraday drop; SEC Form 4 filings confirm recent sales by EVP Christian Kleinerman and CAO Emily Ho. Snowflake (SNOW) Stock Drops 7% Following Insider Sales by Founder and CAO
• Negative Sentiment: Multiple law firms and class‑action notices: Several plaintiff firms (Rosen, Levi & Korsinsky, Pomerantz, Schall, etc.) have issued investor alerts and filings related to a purported class period, with an April 27, 2026 lead‑plaintiff deadline—creating legal risk and headline pressure. ROSEN Encourages Snowflake Investors to Secure Counsel
• Negative Sentiment: Broader SaaS/AI market volatility: Sector‑wide selling—amplified by new AI agent capabilities from vendors like Anthropic—has pressured SaaS valuations, contributing to short‑term outflows and volatility for Snowflake alongside peers. Workday, Elastic, Snowflake, nCino, and Appian Shares Plummet

Snowflake Trading Down 0.7%

NYSE SNOW opened at $160.28 on Thursday. Snowflake Inc. has a fifty-two week low of $120.10 and a fifty-two week high of $280.67. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.37 and a current ratio of 1.30. The stock has a 50 day simple moving average of $181.49 and a two-hundred day simple moving average of $218.10. The stock has a market cap of $54.85 billion, a P/E ratio of -40.58 and a beta of 1.16.

Snowflake (NYSE:SNOW - Get Free Report) last posted its earnings results 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. 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 analysts' expectations of $1.25 billion. During the same period in the previous year, the firm earned $0.30 earnings per share. The business's revenue was up 30.1% compared to the same quarter last year. On average, analysts forecast that Snowflake Inc. will post -2.36 earnings per share 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.

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