Wealth Advisory Solutions LLC Cuts Stock Holdings in Snowflake Inc. $SNOW

Key Points

• Wealth Advisory Solutions LLC cut its stake in Snowflake by 30.7% in Q4, selling 6,615 shares and ending the period with 14,904 shares worth about $3.27 million.
• Insiders have been sizable net sellers recently — directors Michael L. Speiser and Frank Slootman sold large blocks, and insiders disposed of a total of 600,437 shares valued at roughly $114.14 million over the past 90 days.
• Analyst sentiment is broadly positive with a consensus rating of Moderate Buy and an average price target of $249.62, although several firms have trimmed targets even as AI catalysts and a new CRO appointment present potential upside.

Wealth Advisory Solutions LLC reduced its stake in Snowflake Inc. (NYSE:SNOW - Free Report) by 30.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,904 shares of the company's stock after selling 6,615 shares during the period. Wealth Advisory Solutions LLC's holdings in Snowflake were worth $3,269,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC purchased a new position in shares of Snowflake in the 3rd quarter valued at about $25,000. Tripletail Wealth Management LLC purchased a new stake in shares of Snowflake during the third quarter worth approximately $28,000. SJS Investment Consulting Inc. raised its holdings in Snowflake by 4,333.3% in the third quarter. SJS Investment Consulting Inc. now owns 133 shares of the company's stock valued at $30,000 after acquiring an additional 130 shares in the last quarter. GoalVest Advisory LLC raised its holdings in Snowflake by 221.4% in the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company's stock valued at $30,000 after acquiring an additional 93 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in Snowflake in the third quarter worth approximately $34,000. 65.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SNOW has been the subject of a number of analyst reports. Barclays lowered their target price on shares of Snowflake from $204.00 to $192.00 and set an "equal weight" rating for the company in a research note on Thursday, February 26th. Raymond James Financial reaffirmed an "outperform" rating on shares of Snowflake in a report on Monday, February 2nd. Piper Sandler dropped their price objective on Snowflake from $285.00 to $230.00 and set an "overweight" rating on the stock in a report on Thursday, February 26th. TD Cowen cut their target price on Snowflake from $270.00 to $255.00 and set a "buy" rating on the stock in a research report on Thursday, February 26th. Finally, Canaccord Genuity Group decreased their target price on Snowflake from $270.00 to $240.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $249.62.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Benchmark initiated coverage with a Buy rating and a $190 price target, calling Snowflake a top AI infrastructure pick and highlighting a large AI Data Cloud TAM — this bullish initiation is a clear catalyst for investor demand. Wall Street Calls Snowflake a Top AI Infrastructure PickArticle
• Positive Sentiment: RBC and other outlets point to rising AI workloads and accelerating data-cloud adoption as fundamental drivers for Snowflake’s revenue growth outlook — supports upside to enterprise demand and multiple expansion. Snowflake Outlook Backed by AI Demand, Data Cloud Adoption RBC SaysArticle
• Positive Sentiment: Leadership and product moves: Snowflake named long‑time executive Jonathan Beaulier as Chief Revenue Officer to lead go‑to‑market execution, and Morningstar expanded its datasets on Snowflake Marketplace — both actions deepen monetization opportunities in vertical data workflows. Snowflake Appoints Jonathan Beaulier as Chief Revenue OfficerArticle
• Neutral Sentiment: Market coverage/analyst sentiment remains generally favorable (average brokerage recommendation ~Buy), which can support flows but already appears priced into shares near the current level. Wall Street Analysts Think Snowflake (SNOW) Is a Good InvestmentArticle
• Neutral Sentiment: Coverage pieces on AI adoption and longer‑term demand (Forbes, others) reinforce the narrative but are background rather than immediate share‑price drivers. How Enterprises Should Think About AI AdoptionArticle
• Negative Sentiment: Multiple law firms have filed/shareholder‑alert reminders and highlighted a securities class action covering a past class period; active litigation notices create legal and sentiment risk that can pressure the stock. Faruqi & Faruqi Securities Class Action ReminderArticle
• Negative Sentiment: Investors earlier reacted to a surprise CRO departure, briefly pressuring the stock; although the company has named a successor, leadership turnover remains a near‑term governance/watch risk. Snowflake's stock falls as investors weigh a surprise leadership shiftArticle

Snowflake Stock Up 1.6%

Shares of NYSE SNOW opened at $153.28 on Thursday. The business has a 50-day moving average price of $176.09 and a 200 day moving average price of $215.64. The stock has a market cap of $52.99 billion, a PE ratio of -38.81 and a beta of 1.16. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.18. Snowflake Inc. has a 52-week low of $120.10 and a 52-week high of $280.67.

Snowflake (NYSE:SNOW - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.05. The company had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.25 billion. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.The firm's revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 earnings per share. Equities research analysts forecast that Snowflake Inc. will post -2.36 earnings per share for the current year.

Insider Buying and Selling at Snowflake

In other Snowflake news, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $175.19, for a total value of $8,818,714.22. Following the transaction, the director directly owned 30,236 shares in the company, valued at approximately $5,297,044.84. This trade represents a 62.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Frank Slootman sold 11,299 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the director directly owned 38,046 shares in the company, valued at approximately $6,667,561.50. The trade was a 22.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 600,437 shares of company stock valued at $114,140,083 over the last ninety days. 6.80% of the stock is currently owned by corporate insiders.

About Snowflake

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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