Fluent Financial LLC Buys Shares of 24,957 Snowflake Inc. $SNOW

Fluent Financial LLC purchased a new stake in shares of Snowflake Inc. (NYSE:SNOW) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 24,957 shares of the company’s stock, valued at approximately $5,629,000. Snowflake accounts for approximately 2.2% of Fluent Financial LLC’s investment portfolio, making the stock its 13th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. OVERSEA CHINESE BANKING Corp Ltd bought a new stake in Snowflake during the second quarter valued at about $6,845,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Snowflake in the second quarter worth about $3,900,134,000. Bank of Hawaii purchased a new position in shares of Snowflake during the 1st quarter valued at about $1,019,000. Goldstream Capital Management Ltd bought a new position in shares of Snowflake during the 2nd quarter valued at approximately $3,801,000. Finally, Newbridge Financial Services Group Inc. grew its stake in shares of Snowflake by 81.6% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 20,141 shares of the company’s stock valued at $4,507,000 after acquiring an additional 9,052 shares during the period. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake Ventures led a strategic equity financing in AtScale, signaling continued investment in the partner/ecosystem layer (semantics/agentic AI) that could expand integration and future revenue channels. Read More. Read More.
• Neutral Sentiment: Snowflake released its Q3 2026 financial results; investors should review the quarter’s revenue, retention/cohort metrics and guidance for signals about durable growth. Read More.
• Neutral Sentiment: Increased retail/institutional attention: Zacks notes heavy investor searches for SNOW, which can drive short-term volatility and volume without changing fundamentals. Read More.
• Negative Sentiment: A Snowflake software update triggered a widespread outage lasting roughly 13 hours across ~10 regions, affecting many customers and raising questions about operational risk, SLAs and resilience — a near-term reputational and revenue-risk event. Read More. Read More.
• Negative Sentiment: Prominent TV commentator Jim Cramer warned Snowflake’s recent decline looks like a “cohort” problem — an explicit call to watch customer retention and cohort economics, which would be a meaningful profit-growth risk if true. Read More.
• Negative Sentiment: Insider selling: a Snowflake director sold about $1.64M of stock; media noted the share drop that followed. Insider sales aren’t definitive but can pressure sentiment and short-term price action. Read More. Read More.

Insider Transactions at Snowflake

In other news, Director Michael L. Speiser sold 403 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $230.65, for a total transaction of $92,951.95. Following the sale, the director directly owned 24,524 shares in the company, valued at approximately $5,656,460.60. This represents a 1.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frank Slootman sold 7,728 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $212.45, for a total transaction of $1,641,813.60. Following the completion of the transaction, the director directly owned 140,945 shares of the company’s stock, valued at approximately $29,943,765.25. The trade was a 5.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 221,537 shares of company stock worth $53,336,395 in the last three months. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

SNOW has been the topic of several analyst reports. Cantor Fitzgerald lifted their price target on shares of Snowflake from $275.00 to $278.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Morgan Stanley raised their price objective on shares of Snowflake from $272.00 to $299.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Monness Crespi & Hardt upped their target price on shares of Snowflake from $260.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Piper Sandler reiterated an “overweight” rating and issued a $285.00 price target on shares of Snowflake in a research note on Thursday, December 4th. Finally, Mizuho boosted their price objective on Snowflake from $260.00 to $285.00 and gave the company an “outperform” rating in a research report on Monday, November 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $275.32.

Snowflake Stock Up 0.6%

SNOW opened at $222.63 on Friday. The company has a market capitalization of $76.18 billion, a PE ratio of -55.11 and a beta of 1.09. The firm has a 50-day simple moving average of $247.74 and a two-hundred day simple moving average of $227.80. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake Inc. has a 52 week low of $120.10 and a 52 week high of $280.67.

Snowflake (NYSE:SNOW) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.04. The company 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%. Snowflake’s quarterly revenue was up 28.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 earnings per share. Analysts forecast that Snowflake Inc. will post -2.36 earnings per share for the current fiscal year.

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.