Marietta Investment Partners LLC Acquires New Stake in Snowflake Inc. $SNOW

Marietta Investment Partners LLC bought a new position in shares of Snowflake Inc. (NYSE:SNOW) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,295 shares of the company’s stock, valued at approximately $1,871,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Grey Fox Wealth Advisors LLC bought a new position in shares of Snowflake in the third quarter worth approximately $25,000. Tripletail Wealth Management LLC purchased a new position in Snowflake in the 3rd quarter worth approximately $28,000. SJS Investment Consulting Inc. increased its holdings in shares of Snowflake by 4,333.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 133 shares of the company’s stock worth $30,000 after buying an additional 130 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of Snowflake by 417.2% during the 2nd quarter. Golden State Wealth Management LLC now owns 150 shares of the company’s stock valued at $34,000 after buying an additional 121 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in shares of Snowflake during the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Jefferies Financial Group set a $300.00 target price on Snowflake in a research note on Monday, November 24th. The Goldman Sachs Group reduced their price objective on Snowflake from $286.00 to $246.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Guggenheim reissued a “neutral” rating on shares of Snowflake in a report on Wednesday, February 18th. JPMorgan Chase & Co. dropped their target price on Snowflake from $268.00 to $245.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. Finally, Scotiabank reduced their price target on shares of Snowflake from $290.00 to $205.00 and set a “sector outperform” rating on the stock in a research report on Thursday, February 26th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $248.58.

Insider Activity

In other news, Director Frank Slootman sold 100,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $176.91, for a total transaction of $17,691,000.00. Following the completion of the transaction, the director directly owned 50,329 shares of the company’s stock, valued at approximately $8,903,703.39. This represents a 66.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Vivek Raghunathan sold 11,801 shares of the firm’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $220.44, for a total value of $2,601,412.44. Following the completion of the sale, 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 SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 662,940 shares of company stock worth $135,715,906. 6.80% of the stock is currently owned by corporate insiders.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4 / FY2026 beat and AI positioning underpin optimism — Snowflake’s recent quarter showed product‑revenue strength and management emphasized AI platform momentum, which appears to be driving post‑earnings follow‑through. Snowflake shares rise 4.4%
• Positive Sentiment: Wall Street remains constructive with several buy/overweight ratings and above‑consensus price targets (median targets well above the current price), supporting upside expectations for a recovery if AI consumption grows. Wall Street Thinks SNOW Can Gain 40%
• Positive Sentiment: Broker and industry coverage (including Goldman/others) highlight potential AI upside from Snowflake’s platform and partner integrations — a catalyst for investors betting on accelerating consumption. Snowflake earnings beat
• Neutral Sentiment: Insider sale disclosed — EVP Christian Kleinerman sold 10,000 shares in early March; the sale is relatively small versus his remaining stake but may be noticed by short‑term traders. SEC Form 4
• Neutral Sentiment: Investor events and presentations (e.g., Morgan Stanley conference transcript) provide management color on strategy and AI roadmap — useful for modeling but not an immediate market mover. Morgan Stanley transcript
• Negative Sentiment: Multiple securities‑class action filings and investor alerts allege misleading disclosures tied to product/pricing after Snowflake’s AI offerings — the volume of filings increases headline risk, could pressure sentiment, and may result in legal costs or management distraction. Rosen Law Firm notice Pomerantz investor alert

Snowflake Price Performance

SNOW opened at $177.48 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.37 and a quick ratio of 1.37. The stock’s 50 day simple moving average is $194.68 and its 200 day simple moving average is $221.87. The firm has a market cap of $60.73 billion, a price-to-earnings ratio of -44.93 and a beta of 1.16. Snowflake Inc. has a 1 year low of $120.10 and a 1 year high of $280.67.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the firm posted $0.30 earnings per share. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. As a group, analysts predict that Snowflake Inc. will post -2.36 earnings per share for the current 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.