Stableford Capital II LLC Takes Position in Snowflake Inc. $SNOW

Stableford Capital II LLC bought a new stake in Snowflake Inc. (NYSE:SNOW) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 3,814 shares of the company’s stock, valued at approximately $837,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its position 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 purchasing an additional 29,320 shares during the period. Intech Investment Management LLC grew its position in Snowflake by 24.0% in the 1st quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock valued at $1,637,000 after purchasing an additional 2,167 shares during the period. Geneos Wealth Management Inc. grew its position in Snowflake by 29.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock valued at $47,000 after purchasing an additional 73 shares during the period. AlphaCore Capital LLC bought a new stake in Snowflake during the 2nd quarter valued at $94,000. Finally, CreativeOne Wealth LLC increased its stake in Snowflake by 149.6% during the 2nd quarter. CreativeOne Wealth LLC now owns 4,511 shares of the company’s stock valued at $1,009,000 after purchasing an additional 2,704 shares in the last quarter. 65.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

SNOW has been the topic of a number of recent research reports. Wedbush reaffirmed an “outperform” rating and issued a $270.00 price objective on shares of Snowflake in a research note on Thursday, December 4th. DA Davidson decreased their target price on shares of Snowflake from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. BTIG Research lowered their target price on shares of Snowflake from $312.00 to $235.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Truist Financial dropped 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. Finally, Robert W. Baird lifted their price target on Snowflake from $260.00 to $270.00 and gave the company an “outperform” rating in a research note on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Snowflake currently has an average rating of “Moderate Buy” and an average target price of $248.58.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Stifel reaffirmed a Buy and raised conviction after management meetings, keeping a high price target that supports investor confidence in Snowflake’s growth trajectory. Read More.
• Positive Sentiment: Product/AI catalyst — Project SnowWork (Snowflake’s agentic AI initiative) and continued emphasis on AI integration are being cited as meaningful growth levers that could drive enterprise adoption and higher long‑term revenue multiple. Read More.
• Positive Sentiment: Partnerships and ecosystem momentum (e.g., third‑party integrations and platform tie‑ins) are reinforcing product adoption and cross‑sell potential, helping underpin the near‑term bullish narrative. Read More.
• Neutral Sentiment: Context pieces note Snowflake’s strong revenue growth and AI tailwinds but highlight intensifying cloud competition — supportive for longer‑term upside but mixed for near‑term multiples. Read More.
• Negative Sentiment: Legal headline risk — multiple law firms have filed investor alerts and class‑action notices with an April 27, 2026 lead‑plaintiff deadline, creating ongoing headline and litigation risk that can weigh on the stock. Read More.
• Negative Sentiment: Insider selling — recent SEC filings show sales by senior executives (EVP and CAO); such disclosures have driven short‑term selling and negative headlines. Read More.
• Negative Sentiment: Sector volatility — broader SaaS/AI market swings (e.g., new AI agent capabilities from competitors) are amplifying short‑term outflows and can pressure Snowflake alongside peers. Read More.

Snowflake Stock Up 1.1%

SNOW opened at $162.35 on Friday. Snowflake Inc. has a fifty-two week low of $120.10 and a fifty-two week high of $280.67. The firm has a market capitalization of $55.56 billion, a P/E ratio of -41.10 and a beta of 1.16. The company’s 50-day moving average is $180.57 and its 200 day moving average is $217.72. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.30 and a quick ratio of 1.37.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.27 by $0.05. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter last year, the business posted $0.30 EPS. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. Research analysts expect that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Frank Slootman sold 11,299 shares of Snowflake stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $175.25, for a total transaction of $1,980,149.75. Following the sale, the director directly owned 38,046 shares in the company, valued at approximately $6,667,561.50. This trade represents a 22.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Emily Ho sold 2,141 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $173.97, for a total value of $372,469.77. Following the completion of the transaction, the chief accounting officer directly owned 44,553 shares in the company, valued at approximately $7,750,885.41. This represents a 4.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 612,238 shares of company stock valued at $116,741,495. 6.80% of the stock is owned by insiders.

Snowflake Profile

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.