Fiera Capital Corp Increases Stake in Snowflake Inc. $SNOW

Fiera Capital Corp increased its stake in Snowflake Inc. (NYSE:SNOW) by 97.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,917 shares of the company’s stock after purchasing an additional 55,291 shares during the period. Fiera Capital Corp’s holdings in Snowflake were worth $25,243,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of SNOW. Grey Fox Wealth Advisors LLC purchased a new position in shares of Snowflake in the third quarter worth $25,000. Avion Wealth increased its position in shares of Snowflake by 76.6% in the 2nd quarter. Avion Wealth now owns 113 shares of the company’s stock valued at $25,000 after acquiring an additional 49 shares during the period. Tripletail Wealth Management LLC purchased a new position in Snowflake in the 3rd quarter worth $28,000. Rossby Financial LCC raised its stake in Snowflake by 4,233.3% in the 2nd quarter. Rossby Financial LCC now owns 130 shares of the company’s stock worth $29,000 after acquiring an additional 127 shares during the last quarter. Finally, SJS Investment Consulting Inc. lifted its position in Snowflake by 4,333.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock worth $30,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 65.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and issued a $280.00 price objective on shares of Snowflake in a report on Thursday, December 4th. KeyCorp dropped their target price on Snowflake from $285.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday. Cantor Fitzgerald increased their price target on shares of Snowflake from $275.00 to $278.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Evercore lifted their price objective on shares of Snowflake from $280.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, December 4th. Finally, Mizuho dropped their price objective on shares of Snowflake from $285.00 to $220.00 and set an “outperform” rating on the stock in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $269.84.

Insider Activity

In other Snowflake news, Director Frank Slootman sold 200,000 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $221.83, for a total value of $44,366,000.00. Following the completion of the transaction, the director owned 50,329 shares in the company, valued at approximately $11,164,482.07. This represents a 79.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael L. Speiser sold 50,338 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $230.65, for a total transaction of $11,610,459.70. Following the sale, the director directly owned 32,756 shares in the company, valued at approximately $7,555,171.40. The trade was a 60.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 713,681 shares of company stock worth $148,264,518 over the last three months. Corporate insiders own 6.80% of the company’s stock.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: AI monetization and partnerships: reports say Snowflake has hit an early ~$100M AI run rate and its AI product stack (Cortex, Document AI) plus large partnerships are driving enterprise adoption and new revenue streams. Snowflake Rides on Enterprise AI Adoption
• Positive Sentiment: Analyst/preview optimism and consumption trends: Oppenheimer and other previews expect a “solid” Q4 as consumption trends run above plan; Wells Fargo survey coverage also highlights upticks in consumption that could support near‑term demand. Snowflake Seen Delivering ‘Solid’ Q4
• Positive Sentiment: Partner and product integrations strengthen go‑to‑market: elevated partner tiers and product integrations (KPI Partners, Liquibase support) help enterprise adoption and channel reach. KPI Partners Elevates Partnership Tier
• Neutral Sentiment: Mixed analyst signals: some firms (Citigroup) warn downside and have trimmed expectations even as others (many buy ratings remain) keep constructive views — this creates conflicted near‑term guidance for traders. Citigroup Has Lowered Expectations for Snowflake
• Negative Sentiment: Insider selling: Director Frank Slootman sold 100,000 shares (~$17.7M at the sale price) in a disclosed trade, and recent repeated insider sales can spook investors and reduce perceived insider conviction. Frank Slootman Insider Sale Filing
• Negative Sentiment: Shareholder investigations and legal overhang: law firms (Pomerantz, Johnson Fistel) announced probes into investor losses, raising litigation risk and adding regulatory uncertainty that can pressure the stock. Pomerantz Investigation Notice
• Negative Sentiment: Analyst downgrades / price‑target cuts: several shops have trimmed targets (Mizuho, Goldman among others) or issued cautious notes, which reduces near‑term upside expectations and can amplify selling. Mizuho Lowers Snowflake Price Target

Snowflake Trading Down 3.7%

Snowflake stock opened at $172.49 on Friday. The firm has a market cap of $59.03 billion, a PE ratio of -42.70 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 stock’s 50 day simple moving average is $204.30 and its two-hundred day simple moving average is $223.81. 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 for the quarter, beating the consensus estimate of $0.31 by $0.04. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the previous year, the firm earned $0.20 EPS. The business’s quarterly revenue was up 28.7% on a year-over-year basis. Analysts anticipate that Snowflake Inc. will post -2.36 earnings per share for the current year.

Snowflake Company 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.