Snowflake Inc. $SNOW Shares Purchased by Motley Fool Asset Management LLC

Key Points

• Motley Fool Asset Management increased its Snowflake stake by 13.3% in the third quarter, bringing its holdings to 28,636 shares valued at approximately $9.7 million. Institutional investors collectively own 65.1% of the company.
• Snowflake reported quarterly revenue of $1.55 billion, up 35.1% year over year, and earnings of $0.62 per share, beating analyst expectations. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $413.87.
• Insiders sold heavily while valuation remains a risk: insiders sold 1.25 million shares worth $408.8 million during the quarter, and the stock trades at a negative price-to-earnings ratio despite strong AI and enterprise-growth expectations.

Motley Fool Asset Management LLC lifted its stake in shares of Snowflake Inc. (NYSE:SNOW - Free Report) by 13.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,636 shares of the company's stock after buying an additional 3,351 shares during the quarter. Motley Fool Asset Management LLC's holdings in Snowflake were worth $9,724,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of SNOW. OMERS ADMINISTRATION Corp increased its stake in Snowflake by 4,284.3% in the first quarter. OMERS ADMINISTRATION Corp now owns 696,278 shares of the company's stock valued at $105,013,000 after purchasing an additional 680,397 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Snowflake by 22.2% during the first quarter. Janus Henderson Group PLC now owns 2,997,385 shares of the company's stock valued at $452,014,000 after purchasing an additional 544,960 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Snowflake by 76.9% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,171,833 shares of the company's stock valued at $176,736,000 after purchasing an additional 509,230 shares during the period. Assenagon Asset Management S.A. raised its holdings in shares of Snowflake by 134.5% during the third quarter. Assenagon Asset Management S.A. now owns 790,291 shares of the company's stock valued at $268,351,000 after purchasing an additional 453,342 shares during the period. Finally, Swedbank AB boosted its position in shares of Snowflake by 24.0% during the 1st quarter. Swedbank AB now owns 1,649,771 shares of the company's stock worth $248,818,000 after purchasing an additional 319,356 shares in the last quarter. Institutional investors own 65.10% of the company's stock.

Snowflake Stock Up 0.6%

Shares of NYSE:SNOW opened at $339.44 on Thursday. The stock has a market cap of $119.75 billion, a price-to-earnings ratio of -106.74 and a beta of 1.35. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.06. Snowflake Inc. has a 12-month low of $118.30 and a 12-month high of $384.56. The business's 50 day moving average is $332.08 and its 200 day moving average is $238.78.

Snowflake (NYSE:SNOW - Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.17. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.48 billion. Snowflake had a negative return on equity of 46.32% and a negative net margin of 20.07%. Snowflake's quarterly revenue was up 35.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.35 EPS. On average, sell-side analysts forecast that Snowflake Inc. will post -1.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SNOW has been the subject of a number of research analyst reports. Raymond James Financial boosted their target price on Snowflake from $275.00 to $425.00 and gave the company an "outperform" rating in a research report on Thursday, September 3rd. Monness Crespi & Hardt increased their price target on Snowflake from $380.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, September 3rd. Yorkville Ives began coverage on Snowflake in a research note on Monday, October 5th. They issued an "outperform" rating and a $400.00 price objective for the company. KeyCorp raised their price objective on Snowflake from $285.00 to $325.00 and gave the company an "overweight" rating in a research note on Thursday, July 16th. Finally, Bank of America boosted their price objective on Snowflake from $330.00 to $395.00 and gave the company a "buy" rating in a report on Wednesday, August 19th. Thirty-six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $413.87.

Insider Activity

In other news, Director Michael Speiser sold 50,338 shares of the stock in a transaction dated 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 sale, the director owned 26,036 shares in the company, valued at $8,437,226.16. This represents a 65.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Garrett sold 50,000 shares of the firm's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $350.00, for a total transaction of $17,500,000.00. Following the transaction, the director directly owned 10,074 shares in the company, valued at $3,525,900. The trade was a 83.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,246,429 shares of company stock valued at $408,832,628 over the last quarter. 4.80% of the stock is owned by insiders.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Oracle integration expands Snowflake’s distribution. Snowflake AI Data Cloud will become a native, first-party service on Oracle Cloud Infrastructure (OCI). Oracle customers will be able to purchase Snowflake using Oracle Universal Credits, with unified procurement and billing. The arrangement could reduce adoption friction, improve access to enterprise customers, and support consumption growth. Oracle Expands Native AI and Data Services on OCI with Snowflake
• Positive Sentiment: Enterprise AI momentum remains the core bullish argument. Analysts and market commentary point to rising customer adoption, Snowflake’s AI capabilities, and an upbeat fiscal 2027 outlook. Two recent earnings reports reportedly raised full-year product-revenue guidance, while some investors believe management’s outlook may prove conservative. SNOW Rides on Strong Enterprise AI Push
• Positive Sentiment: International expansion adds a longer-term growth opportunity. Snowflake announced a projected $300 million investment in Saudi Arabia operations, potentially strengthening its presence with government and enterprise customers in the region. Snowflake announces projected $300 million investment in Saudi Arabia operations
• Neutral Sentiment: Analyst price targets imply additional upside, and options commentary highlights bull call spreads as a lower-risk way to gain exposure. However, these are market opinions rather than new company fundamentals. Snowflake: This Growing AI Stock Is Ripe For Bullish Exposure
• Negative Sentiment: Valuation is a significant risk. After a substantial multiyear rally, Snowflake’s share price appears to discount considerable future sales and AI growth. That raises the bar for upcoming results and leaves the stock vulnerable to profit-taking if growth or guidance disappoints. Snowflake Stock Could Be Trading at a Premium

Snowflake Profile

Snowflake Inc is a cloud-based data platform company that helps organizations store, process, analyze and share data across public cloud environments. Its platform is designed to support data warehousing, data lakes, data engineering, data applications and analytics without requiring customers to manage the underlying hardware or software infrastructure.

Snowflake offers services for data sharing and collaboration, allowing organizations to securely exchange data with internal teams, customers, partners and third-party providers.

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