Schroder Investment Management Group Grows Holdings in Snowflake Inc. $SNOW

Schroder Investment Management Group raised its position in shares of Snowflake Inc. (NYSE:SNOW) by 9.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 618,104 shares of the company’s stock after acquiring an additional 52,932 shares during the quarter. Schroder Investment Management Group owned approximately 0.18% of Snowflake worth $139,413,000 as of its most recent SEC filing.

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

Insider Transactions at Snowflake

In other Snowflake news, Director Frank Slootman sold 200,000 shares of Snowflake stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $206.77, for a total transaction of $41,354,000.00. Following the transaction, the director owned 50,329 shares of the company’s stock, valued at $10,406,527.33. The trade was a 79.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Vivek Raghunathan sold 11,801 shares of the business’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $220.44, for a total value of $2,601,412.44. Following the completion of the transaction, the senior vice president owned 218,020 shares in the company, valued at $48,060,328.80. This trade represents a 5.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 711,140 shares of company stock valued at $144,037,791 in the last three months. 6.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

SNOW has been the topic of a number of recent analyst reports. Canaccord Genuity Group dropped their price objective on Snowflake from $270.00 to $240.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Zacks Research upgraded Snowflake from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Wells Fargo & Company decreased their price target on Snowflake from $290.00 to $210.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. Monness Crespi & Hardt increased their target price on shares of Snowflake from $275.00 to $282.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Finally, Robert W. Baird upped their price target on shares of Snowflake from $260.00 to $270.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. Two research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $248.58.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Analyst/feature bullishness — A recent deep-dive recommends SNOW as a buy, citing 30% revenue growth, strong bookings, raised product-revenue and margin guidance, and accelerating AI products (Cortex Code, Snowflake Intelligence) that added 740 customers last quarter — supportive for near- to medium-term growth expectations. Snowflake: A New Chapter In Its Growth Journey
• Positive Sentiment: Broader AI narrative and portfolio interest — Retail/press pieces highlight Snowflake alongside other AI leaders as a multi-year winner from AI and fintech adoption, which can drive renewed investor demand and multiple expansion on AI wins. Inside my 61% portfolio surge
• Neutral Sentiment: Mixed near-term performance review — Coverage notes a 19% three‑month decline due to margin pressure and competition, but still acknowledges strong AI adoption and enterprise deals; this frames the stock as a higher‑upside, higher‑volatility name. Is SNOW Stock a Buy, Hold, or Sell After a 19% Decline in Three Months?
• Negative Sentiment: Multiple securities class-action suits filed — Several law firms have announced lawsuits alleging Snowflake misrepresented the impact of product efficiency and pricing shifts on revenue (class period: June 27, 2023–Feb 28, 2024). Litigation increases legal/financial uncertainty and could pressure sentiment and the valuation multiple. Snowflake Faces Lawsuits As AI Expansion Reshapes Growth And Risk Profile
• Negative Sentiment: Insider stock sales — Director Michael L. Speiser reported large sales (50,338 shares at ~$175) on March 6, substantially reducing his holdings; significant insider selling can be viewed negatively by the market even if it’s for personal liquidity. SEC Form 4 — Michael L. Speiser

Snowflake Price Performance

SNOW opened at $182.63 on Tuesday. 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 company has a 50-day moving average of $193.01 and a 200-day moving average of $222.05. Snowflake Inc. has a 1-year low of $120.10 and a 1-year high of $280.67. The company has a market capitalization of $62.50 billion, a P/E ratio of -46.23 and a beta of 1.17.

Snowflake (NYSE:SNOW) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter last year, the business posted $0.30 EPS. The business’s revenue was up 30.1% on a year-over-year basis. Equities analysts expect that Snowflake Inc. will post -2.36 EPS 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.