Vinva Investment Management Ltd grew its stake in Snowflake Inc. (NYSE:SNOW – Free Report) by 16.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,669 shares of the company’s stock after purchasing an additional 3,823 shares during the quarter. Vinva Investment Management Ltd’s holdings in Snowflake were worth $6,007,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. CreativeOne Wealth LLC grew its stake in Snowflake by 98.9% in the third quarter. CreativeOne Wealth LLC now owns 8,974 shares of the company’s stock worth $2,024,000 after purchasing an additional 4,463 shares in the last quarter. Guardian Partners Inc. acquired a new stake in Snowflake during the third quarter valued at approximately $1,452,000. Black Swift Group LLC raised its stake in Snowflake by 301.1% during the third quarter. Black Swift Group LLC now owns 16,545 shares of the company’s stock valued at $3,732,000 after buying an additional 12,420 shares in the last quarter. Natixis Advisors LLC lifted its holdings in Snowflake by 13.3% during the 3rd quarter. Natixis Advisors LLC now owns 22,686 shares of the company’s stock worth $5,117,000 after buying an additional 2,671 shares during the last quarter. Finally, Korea Investment CORP grew its position in shares of Snowflake by 34.8% in the 3rd quarter. Korea Investment CORP now owns 464,366 shares of the company’s stock worth $104,738,000 after acquiring an additional 120,008 shares in the last quarter. Institutional investors own 65.10% of the company’s stock.
Trending Headlines about Snowflake
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 Stock Performance
Snowflake (NYSE:SNOW – Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the company posted $0.30 EPS. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. On average, analysts predict that Snowflake Inc. will post -2.36 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on SNOW. Macquarie Infrastructure boosted 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. Evercore raised their price objective on Snowflake from $280.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, December 4th. Zacks Research raised shares of Snowflake from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. JPMorgan Chase & Co. dropped their target price on shares of Snowflake from $268.00 to $245.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Finally, Truist Financial reduced their price target on shares of Snowflake from $270.00 to $240.00 and set a “buy” rating on the stock in a research 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $248.58.
View Our Latest Stock Analysis on SNOW
Insiders Place Their Bets
In other news, Director Michael L. Speiser sold 50,338 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $221.16, for a total value of $11,132,752.08. Following the completion of the transaction, the director owned 31,916 shares of the company’s stock, valued at approximately $7,058,542.56. This represents a 61.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Frank Slootman sold 200,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $221.83, for a total value of $44,366,000.00. Following the transaction, the director directly owned 50,329 shares in the company, valued at $11,164,482.07. This trade represents a 79.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 662,940 shares of company stock worth $135,715,906. Insiders own 6.80% of the company’s stock.
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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