Northbridge Financial Group LLC Takes $841,000 Position in Snowflake Inc. $SNOW

Northbridge Financial Group LLC bought a new stake in Snowflake Inc. (NYSE:SNOW) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,833 shares of the company’s stock, valued at approximately $841,000.

A number of other institutional investors also recently modified their holdings of the business. Banque Cantonale Vaudoise boosted its position in shares of Snowflake by 161.6% in the fourth quarter. Banque Cantonale Vaudoise now owns 8,151 shares of the company’s stock valued at $1,788,000 after acquiring an additional 5,035 shares during the period. Cullen Frost Bankers Inc. boosted its stake in shares of Snowflake by 8.7% in the fourth quarter. Cullen Frost Bankers Inc. now owns 65,704 shares of the company’s stock valued at $14,413,000 after buying an additional 5,252 shares during the period. Berbice Capital Management LLC boosted its stake in shares of Snowflake by 46.7% in the fourth quarter. Berbice Capital Management LLC now owns 220 shares of the company’s stock valued at $48,000 after buying an additional 70 shares during the period. Forefront Wealth Partners LLC boosted its stake in shares of Snowflake by 9.1% in the fourth quarter. Forefront Wealth Partners LLC now owns 1,296 shares of the company’s stock valued at $284,000 after buying an additional 108 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Snowflake in the fourth quarter valued at approximately $6,055,000. 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: Bank of America raised its price target on Snowflake to $205 from $195, kept a Buy rating, and said enterprise demand remains strong with early traction in Snowflake’s AI workflow tools. Snowflake seen delivering strong quarter as Bank of America lifts price target
• Positive Sentiment: Citizens JMP reaffirmed its Market Outperform rating and set a much higher $325 price target, reinforcing Wall Street’s bullish view on Snowflake’s long-term upside. Read More
• Positive Sentiment: AVEVA announced a collaboration with Snowflake to accelerate industrial AI and unify IT/OT data, which could expand Snowflake’s reach in enterprise and industrial data workflows. AVEVA Announces Collaboration with Snowflake to Accelerate Industrial AI and Unify IT/OT Data Ecosystems
• Neutral Sentiment: Recent coverage continues to highlight Snowflake as a leading AI software name, with comparisons to other infrastructure plays keeping attention on the stock. Snowflake vs. DELL: Which AI Infrastructure Stock Has the Edge?
• Neutral Sentiment: Articles noting SNOW’s recent strength and broad AI-stock interest may be adding to momentum, but they do not add new company-specific fundamentals. Snowflake (SNOW) stock is up, what you need to know
• Negative Sentiment: Some investor commentary also points to mixed signals around AI infrastructure competition and large insider sales, which can temper enthusiasm even as analysts stay constructive. Snowflake Inc. ($SNOW) CEO 2026 Pay Revealed

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SNOW. Citigroup reiterated a “buy” rating on shares of Snowflake in a research note on Monday. Wells Fargo & Company cut their price objective on shares of Snowflake from $290.00 to $210.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. The Goldman Sachs Group cut their price objective on shares of Snowflake from $286.00 to $246.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Citizens Jmp reaffirmed a “market outperform” rating and set a $325.00 price objective on shares of Snowflake in a research report on Tuesday. Finally, Monness Crespi & Hardt upped their price objective on shares of Snowflake from $275.00 to $282.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Snowflake currently has an average rating of “Moderate Buy” and an average target price of $242.19.

Insider Transactions at Snowflake

In other news, Director Michael L. Speiser sold 50,338 shares of the stock in a transaction 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 completion of the transaction, the director directly owned 30,236 shares in the company, valued at approximately $5,297,044.84. This represents a 62.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frank Slootman sold 88,701 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $175.93, for a total value of $15,605,166.93. Following the completion of the transaction, the director owned 38,046 shares of the company’s stock, valued at $6,693,432.78. The trade was a 69.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 284,313 shares of company stock valued at $46,617,373 over the last quarter. 6.80% of the stock is currently owned by insiders.

Snowflake Stock Up 3.1%

SNOW stock opened at $169.36 on Wednesday. The stock has a market capitalization of $58.55 billion, a P/E ratio of -42.88 and a beta of 1.08. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.18. The firm has a 50-day moving average price of $154.54 and a 200-day moving average price of $194.81. Snowflake Inc. has a 12 month low of $118.30 and a 12 month high of $280.67.

Snowflake (NYSE:SNOW) last issued 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. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.25 billion. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The firm’s revenue was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.30 EPS. As a group, equities research analysts anticipate that Snowflake Inc. will post -2.16 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.