Napean Trading & Investment Co Singapore PTE Ltd Raises Stake in Snowflake Inc. $SNOW

Napean Trading & Investment Co Singapore PTE Ltd boosted its stake in shares of Snowflake Inc. (NYSE:SNOW) by 44.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,918 shares of the company’s stock after buying an additional 16,394 shares during the quarter. Snowflake makes up approximately 2.3% of Napean Trading & Investment Co Singapore PTE Ltd’s portfolio, making the stock its 14th largest holding. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in Snowflake were worth $11,936,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Snowflake during the 2nd quarter valued at approximately $944,895,000. Winslow Capital Management LLC purchased a new position in Snowflake in the second quarter valued at approximately $725,667,000. Jennison Associates LLC grew its holdings in Snowflake by 20.5% during the second quarter. Jennison Associates LLC now owns 8,000,667 shares of the company’s stock valued at $1,790,309,000 after purchasing an additional 1,363,389 shares during the period. Sei Investments Co. grew its holdings in Snowflake by 272.4% during the second quarter. Sei Investments Co. now owns 1,593,329 shares of the company’s stock valued at $356,543,000 after purchasing an additional 1,165,515 shares during the period. Finally, Vanguard Group Inc. increased its position in Snowflake by 3.1% in the third quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock worth $6,461,465,000 after buying an additional 857,832 shares during the last quarter. Institutional investors own 65.10% of the company’s stock.

Snowflake Price Performance

SNOW stock opened at $157.24 on Tuesday. The firm has a 50 day moving average of $203.13 and a 200-day moving average of $223.68. The firm has a market capitalization of $53.81 billion, a P/E ratio of -38.92 and a beta of 1.14. Snowflake Inc. has a 12 month low of $120.10 and a 12 month high of $280.67. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07.

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

Insiders Place Their Bets

In related news, SVP Vivek Raghunathan sold 11,801 shares of the business’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $220.44, for a total transaction of $2,601,412.44. Following the completion of the transaction, the senior vice president directly owned 218,020 shares in the company, valued at $48,060,328.80. The trade was a 5.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael L. Speiser sold 403 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $165.22, for a total value of $66,583.66. Following the completion of the transaction, the director owned 23,718 shares in the company, valued at $3,918,687.96. This represents a 1.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 713,681 shares of company stock worth $148,264,518. 6.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on SNOW shares. TD Cowen dropped their price target on Snowflake from $300.00 to $270.00 and set a “buy” rating on the stock in a research report on Friday. Macquarie Infrastructure boosted their price objective on Snowflake from $235.00 to $250.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Canaccord Genuity Group increased their target price on shares of Snowflake from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $250.00 target price on shares of Snowflake in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Snowflake from $250.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $265.63.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake expanded Cortex Code CLI to support non‑Snowflake data sources (dbt, Apache Airflow), broadening its developer tooling and AI workflows — a feature that can deepen enterprise adoption. Snowflake Cortex Code Expands Towards Supporting Any Data, Anywhere
• Positive Sentiment: Customer adoption update: Wolfspeed has expanded use of Snowflake’s AI Data Cloud to unify factory, supply‑chain and enterprise data — a concrete example of industry adoption that supports Snowflake’s AI platform story. Snowflake Inc. (SNOW) Expands AI Reach With Strategic Partnerships and Industry Adoption
• Positive Sentiment: Citi told investors the recent ~30% pullback looks like an overreaction and maintained a Buy stance, signaling confidence among some sell‑side analysts in Snowflake’s longer‑term growth despite recent volatility. Citi Notes Snowflake’s (SNOW) 30% Pull Back to Be an Overreaction
• Neutral Sentiment: Earnings event: Snowflake reports fiscal Q4 results after the close on Feb. 25 — investors will focus on revenue growth, margins and forward guidance for signs of enterprise spending stabilization. What’s Going On With Snowflake Stock Monday?
• Neutral Sentiment: Pre‑earnings commentary: Several analyst writeups (Zacks, market pieces) debate buy/hold/sell positions ahead of results — increasing short‑term volatility but not changing the company’s long‑term AI narrative. Should You Buy, Sell, or Hold SNOW Stock Before Q4 Earnings Release?
• Neutral Sentiment: BTIG lowered its price target (from $312 to $235) but kept a Buy rating — a mixed signal: bullish stance but tempered near‑term expectations. SNOW – Snowflake price target lowered by at BTIG
• Negative Sentiment: Fund selling: Artisan Mid Cap Fund sold its Snowflake position citing elevated valuation — a direct signal that some institutional holders are trimming exposure. Artisan Mid Cap Fund Sold Snowflake (SNOW) Due to Elevated Valuation
• Negative Sentiment: Insider selling: a Snowflake director recently sold roughly $17.7M of shares, and the move was flagged by market coverage — typically perceived as a negative near‑term signal. Insider Selling: Snowflake (NYSE:SNOW) Director Sells $17,691,000.00 in Stock
• Negative Sentiment: Additional analyst target cuts and the recent big pullback have reinforced valuation concerns; these headline revisions can pressure the stock even when fundamentals (revenue growth, product momentum) remain constructive. Analyst Coverage/Price Target Notes

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.