Faithward Advisors LLC Invests $4.16 Million in Snowflake Inc. $SNOW

Faithward Advisors LLC acquired a new stake in shares of Snowflake Inc. (NYSE:SNOW) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,445 shares of the company’s stock, valued at approximately $4,160,000.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Snowflake by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock worth $6,461,465,000 after acquiring an additional 857,832 shares during the last quarter. Jennison Associates LLC lifted its position in Snowflake by 13.5% during the 3rd quarter. Jennison Associates LLC now owns 9,083,889 shares of the company’s stock worth $2,048,871,000 after acquiring an additional 1,083,222 shares during the period. State Street Corp grew its stake in Snowflake by 1.4% during the 2nd quarter. State Street Corp now owns 6,887,073 shares of the company’s stock valued at $1,541,120,000 after purchasing an additional 94,293 shares during the last quarter. Artisan Partners Limited Partnership grew its stake in Snowflake by 15.2% during the 2nd quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company’s stock valued at $1,108,045,000 after purchasing an additional 652,485 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Snowflake in the second quarter valued at about $944,895,000. 65.10% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Frank Slootman sold 200,000 shares of Snowflake stock in a transaction on 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 sale, the director owned 50,329 shares of the company’s stock, valued at approximately $11,164,482.07. This trade represents a 79.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael L. Speiser sold 50,338 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $221.16, for a total transaction of $11,132,752.08. Following the completion of the sale, the director directly owned 31,916 shares of the company’s stock, valued at approximately $7,058,542.56. The trade was a 61.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 703,029 shares of company stock worth $142,236,823. Corporate insiders own 6.80% of the company’s stock.

Snowflake Stock Performance

NYSE SNOW opened at $174.87 on Wednesday. The stock has a market capitalization of $59.84 billion, a price-to-earnings ratio of -44.27 and a beta of 1.17. The stock has a 50-day moving average of $187.47 and a 200 day moving average of $220.60. 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 Inc. has a twelve month low of $120.10 and a twelve 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 company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.Snowflake’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the company earned $0.30 earnings per share. Sell-side analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4/product beat and revenue momentum: Snowflake reported product revenue growth that beat expectations (roughly 30% YoY reported in recent coverage), supporting the company’s cloud/AI adoption story. InsiderMonkey: Revenue Beats
• Positive Sentiment: Bank of America reiterates conviction: After an investor meeting with CFO Brian Robins, BofA kept a Buy rating and $275 price target, reinforcing bullish analyst backing for Snowflake’s long‑term growth potential. ProactiveInvestors: BofA Reiterates Buy
• Positive Sentiment: AI narrative and new features broaden addressable market: Coverage highlights Snowflake’s Q4 strength, rapid customer adds, and >430 new AI features plus partnerships (Anthropic, Google Cloud, OpenAI), which could extend revenue upside if adoption continues. Yahoo Finance: AI-Powered Q4
• Neutral Sentiment: Macquarie remains cautious: One report pairs the revenue beat with Macquarie maintaining a Neutral stance, underscoring that some brokers still see valuation/near‑term execution risks. InsiderMonkey: Macquarie Neutral
• Neutral Sentiment: New leadership progress but challenges persist: Analysis of Snowflake’s first full year under CEO Sridhar Ramaswamy notes progress on product and positioning, but flags competitive and valuation headwinds that keep the story mixed. 247WallSt: Leadership Review
• Negative Sentiment: Options/market positioning shows skepticism: A pieces suggests traders are using bear call spreads to express limited upside expectations, implying short‑term sentiment may cap gains. Yahoo Finance: Options Strategy
• Negative Sentiment: Wave of class‑action notices and litigation risk: Multiple law firms (Pomerantz, Rosen, Bronstein Gewirtz & Grossman, Schall, Bernstein Liebhard, Faruqi & Faruqi, Robbins Geller, DJS, Gross) have issued filings or investor alerts alleging securities claims tied to prior disclosures—this surge in litigation notices increases legal overhang and could pressure investor sentiment or lead to costs. GlobeNewswire: Pomerantz Alert BusinessWire: Robbins Geller Notice

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Citigroup reduced their price objective on Snowflake from $300.00 to $270.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Monness Crespi & Hardt upped their target price on Snowflake from $275.00 to $282.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Stifel Nicolaus set a $205.00 price target on shares of Snowflake in a report on Thursday, February 26th. TD Cowen reduced their price target on shares of Snowflake from $270.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Finally, Morgan Stanley decreased their price objective on shares of Snowflake from $270.00 to $245.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $248.58.

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.