Snowflake Inc. $SNOW Shares Bought by Hel Ved Capital Management Ltd

Key Points

• Hel Ved Capital Management Ltd boosted its stake in Snowflake by 92.8% during Q3 to 13,840 shares worth about $3.12 million, and institutional investors now own roughly 65.1% of the company.
• Snowflake beat quarterly expectations with $0.32 EPS (vs. $0.27) and $1.28 billion in revenue — revenue up 30.1% year‑over‑year — but the company remains unprofitable with a negative net margin and negative return on equity.
• Insiders sold 662,940 shares (~$135.7 million) in the last three months and multiple securities class‑action notices have been filed, creating near‑term legal/headline risk, while analysts overall maintain a "Moderate Buy" consensus with a ~$248.58 target.

Hel Ved Capital Management Ltd lifted its stake in shares of Snowflake Inc. (NYSE:SNOW - Free Report) by 92.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,840 shares of the company's stock after acquiring an additional 6,660 shares during the period. Hel Ved Capital Management Ltd's holdings in Snowflake were worth $3,122,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Snowflake by 3.1% during the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company's stock worth $6,461,465,000 after purchasing an additional 857,832 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of Snowflake by 13.5% during the third quarter. Jennison Associates LLC now owns 9,083,889 shares of the company's stock valued at $2,048,871,000 after buying an additional 1,083,222 shares during the period. State Street Corp boosted its position in Snowflake by 1.4% during the second quarter. State Street Corp now owns 6,887,073 shares of the company's stock worth $1,541,120,000 after acquiring an additional 94,293 shares during the last quarter. Artisan Partners Limited Partnership grew its stake in Snowflake by 15.2% in the 2nd quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company's stock worth $1,108,045,000 after acquiring an additional 652,485 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Snowflake by 3.1% in the 2nd quarter. Geode Capital Management LLC now owns 4,424,120 shares of the company's stock valued at $986,057,000 after acquiring an additional 133,059 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company's stock.

Snowflake Price Performance

SNOW stock opened at $180.33 on Friday. The stock has a 50-day moving average price of $193.81 and a two-hundred day moving average price of $221.74. The company has a market cap of $61.71 billion, a PE ratio of -45.65 and a beta of 1.16. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake Inc. has a 12-month low of $120.10 and a 12-month high of $280.67.

Snowflake (NYSE:SNOW - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.05. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.The company's revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 EPS. As a group, research analysts predict that Snowflake Inc. will post -2.36 EPS for the current year.

Insider Buying and Selling at Snowflake

In other Snowflake news, EVP Christian Kleinerman sold 10,000 shares of the business's stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $219.90, for a total transaction of $2,199,000.00. Following the completion of the sale, the executive vice president directly owned 471,351 shares in the company, valued at $103,650,084.90. The trade was a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael L. Speiser sold 50,338 shares of the firm's stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $221.16, for a total transaction of $11,132,752.08. Following the completion of the transaction, the director directly owned 31,916 shares in the company, valued at approximately $7,058,542.56. This represents a 61.20% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 662,940 shares of company stock valued at $135,715,906. 6.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

SNOW has been the topic of a number of recent analyst reports. Argus raised Snowflake from a "hold" rating to a "buy" rating and set a $300.00 price target on the stock in a research note on Thursday, January 8th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Snowflake in a research note on Wednesday, January 21st. Mizuho reduced their target price on Snowflake from $285.00 to $220.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 17th. Oppenheimer reissued a "buy" rating on shares of Snowflake in a research note on Thursday, February 26th. Finally, Macquarie Infrastructure lifted their price target on Snowflake from $235.00 to $250.00 and gave the company a "neutral" rating in a report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $248.58.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Strong post‑earnings / AI momentum: Market commentary points to follow‑through from Snowflake’s upbeat FY2026 results, double‑digit product revenue growth and expanding AI positioning (OpenAI/Anthropic partnerships, Cortex Code, Observe acquisition) as primary drivers of buying interest. QuiverQuant analysis
• Positive Sentiment: Anthropic marketplace mention: Anthropic’s new marketplace will surface third‑party tools that include Snowflake integrations — a distribution channel that could increase enterprise consumption of Snowflake services. Yahoo / Anthropic
• Neutral Sentiment: Analyst landscape and technicals: Recent analyst coverage remains largely constructive (multiple buy/overweight ratings and mid‑$200 median price target) which supports longer‑term conviction, while technical factors and short‑covering may amplify moves. QuiverQuant (ratings & targets)
• Neutral Sentiment: Minor analyst upgrade: Zacks moved SNOW from "strong sell" to "hold" — a modest sentiment improvement but not a full analyst endorsement. Zacks upgrade
• Negative Sentiment: Multiple securities class‑action notices filed/announced: Several plaintiff firms (Gross, Schall, Rosen, Pomerantz, Faruqi, Portnoy, Bernstein Liebhard, DJS and others) have issued investor alerts and filed complaints alleging disclosures relating to product efficiency/pricing and revenue — lead plaintiff deadlines around April 27, 2026. This legal cloud increases short‑term uncertainty and headline risk. Gross Law Firm
• Negative Sentiment: Broader wave of plaintiff outreach: Multiple other firms (Schall, Rosen, Pomerantz, Faruqi, Portnoy, Bernstein Liebhard, etc.) posted similar notices the same week, magnifying reputational/legal risk and potential future settlement/defense costs. Schall Law Firm

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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