O Neil Global Advisors Inc. Has $2.22 Million Stock Holdings in Snowflake Inc. $SNOW

O Neil Global Advisors Inc. trimmed its position in Snowflake Inc. (NYSE:SNOW) by 89.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,861 shares of the company’s stock after selling 81,570 shares during the quarter. Snowflake makes up 0.4% of O Neil Global Advisors Inc.’s portfolio, making the stock its 25th biggest position. O Neil Global Advisors Inc.’s holdings in Snowflake were worth $2,224,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in shares of Snowflake by 90.0% during the fourth quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock worth $9,556,000 after buying an additional 29,320 shares during the last quarter. Intech Investment Management LLC grew its holdings in Snowflake by 24.0% during the 1st quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock worth $1,637,000 after acquiring an additional 2,167 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Snowflake by 29.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock valued at $47,000 after acquiring an additional 73 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Snowflake in the 2nd quarter valued at $271,000. Finally, AlphaQuest LLC acquired a new position in shares of Snowflake in the 2nd quarter valued at $792,000. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wells Fargo & Company upped their price objective on Snowflake from $275.00 to $290.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Guggenheim reaffirmed a “neutral” rating on shares of Snowflake in a research note on Wednesday, February 18th. Macquarie Infrastructure increased their price target on shares of Snowflake from $235.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of Snowflake in a research note on Friday, January 30th. Finally, Citigroup lowered their target price on shares of Snowflake from $300.00 to $270.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Snowflake presently has an average rating of “Moderate Buy” and an average price target of $269.84.

Insider Activity at Snowflake

In other news, Director Frank Slootman sold 200,000 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $221.83, for a total transaction of $44,366,000.00. Following the completion of the transaction, the director directly owned 50,329 shares of the company’s stock, valued at $11,164,482.07. This represents a 79.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael L. Speiser sold 50,338 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $230.65, for a total value of $11,610,459.70. Following the transaction, the director owned 32,756 shares of the company’s stock, valued at approximately $7,555,171.40. The trade was a 60.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 713,681 shares of company stock valued at $148,264,518 in the last quarter. 6.80% of the stock is currently owned by company insiders.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: AI monetization and partnerships: reports say Snowflake has hit an early ~$100M AI run rate and its AI product stack (Cortex, Document AI) plus large partnerships are driving enterprise adoption and new revenue streams. Snowflake Rides on Enterprise AI Adoption
• Positive Sentiment: Analyst/preview optimism and consumption trends: Oppenheimer and other previews expect a “solid” Q4 as consumption trends run above plan; Wells Fargo survey coverage also highlights upticks in consumption that could support near‑term demand. Snowflake Seen Delivering ‘Solid’ Q4
• Positive Sentiment: Partner and product integrations strengthen go‑to‑market: elevated partner tiers and product integrations (KPI Partners, Liquibase support) help enterprise adoption and channel reach. KPI Partners Elevates Partnership Tier
• Neutral Sentiment: Mixed analyst signals: some firms (Citigroup) warn downside and have trimmed expectations even as others (many buy ratings remain) keep constructive views — this creates conflicted near‑term guidance for traders. Citigroup Has Lowered Expectations for Snowflake
• Negative Sentiment: Insider selling: Director Frank Slootman sold 100,000 shares (~$17.7M at the sale price) in a disclosed trade, and recent repeated insider sales can spook investors and reduce perceived insider conviction. Frank Slootman Insider Sale Filing
• Negative Sentiment: Shareholder investigations and legal overhang: law firms (Pomerantz, Johnson Fistel) announced probes into investor losses, raising litigation risk and adding regulatory uncertainty that can pressure the stock. Pomerantz Investigation Notice
• Negative Sentiment: Analyst downgrades / price‑target cuts: several shops have trimmed targets (Mizuho, Goldman among others) or issued cautious notes, which reduces near‑term upside expectations and can amplify selling. Mizuho Lowers Snowflake Price Target

Snowflake Price Performance

NYSE SNOW opened at $172.49 on Monday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.37 and a current ratio of 1.37. The stock has a market cap of $59.03 billion, a price-to-earnings ratio of -42.70 and a beta of 1.14. The business has a 50 day simple moving average of $204.30 and a 200 day simple moving average of $224.03. Snowflake Inc. has a 52-week low of $120.10 and a 52-week high of $280.67.

Snowflake (NYSE:SNOW) last released its quarterly earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.04. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the prior year, the company earned $0.20 earnings per share. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. Analysts anticipate that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

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.