4,016 Snowflake Inc. $SNOW Shares Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC grew its position in shares of Snowflake Inc. (NYSE:SNOW) by 233.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,739 shares of the company’s stock after purchasing an additional 4,016 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Snowflake were worth $1,949,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SNOW. Janus Henderson Group PLC lifted its position in shares of Snowflake by 22.2% in the 1st quarter. Janus Henderson Group PLC now owns 2,997,385 shares of the company’s stock worth $452,014,000 after purchasing an additional 544,960 shares during the period. Pictet Asset Management Holding SA boosted its stake in shares of Snowflake by 44.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,600,571 shares of the company’s stock valued at $392,259,000 after purchasing an additional 803,110 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Snowflake by 134.5% during the third quarter. Assenagon Asset Management S.A. now owns 790,291 shares of the company’s stock worth $268,351,000 after buying an additional 453,342 shares during the period. Swedbank AB increased its position in shares of Snowflake by 24.0% during the first quarter. Swedbank AB now owns 1,649,771 shares of the company’s stock worth $248,818,000 after buying an additional 319,356 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Snowflake by 76.9% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,171,833 shares of the company’s stock worth $176,736,000 after buying an additional 509,230 shares during the period. Institutional investors own 65.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Snowflake in a research note on Tuesday, September 8th. Yorkville Ives initiated coverage on shares of Snowflake in a research report on Monday, October 5th. They set an “outperform” rating and a $400.00 price target on the stock. Guggenheim reaffirmed a “neutral” rating on shares of Snowflake in a research report on Thursday, September 3rd. Raymond James Financial increased their price target on Snowflake from $275.00 to $425.00 and gave the stock an “outperform” rating in a report on Thursday, September 3rd. Finally, Mizuho set a $425.00 price objective on Snowflake in a research report on Thursday, September 3rd. Thirty-six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Snowflake presently has a consensus rating of “Moderate Buy” and an average target price of $413.87.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake was highlighted as the stronger enterprise AI investment compared with Broadcom, with coverage citing accelerating product revenue, robust AI adoption and a history of earnings surprises. Snowflake vs. Broadcom article
• Positive Sentiment: Brown Advisory’s Q3 2026 investor commentary pointed to momentum in Snowflake’s AI opportunity, reinforcing the view that the company could benefit from continued enterprise spending on AI infrastructure and data platforms. Brown Advisory AI momentum article
• Positive Sentiment: Analysts continue to view the broader AI spending cycle as being in its early stages, potentially supporting a multiyear growth opportunity for Snowflake’s cloud data and AI products. AI buildout article
• Neutral Sentiment: Snowflake’s “Global Startup Challenge 2026” is intended to expand its developer and startup ecosystem, but the initiative is not expected to have an immediate effect on financial results. Global Startup Challenge article
• Negative Sentiment: Director Frank Slootman sold 300,000 shares for approximately $94.9 million, reducing his position by about 94%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, which limits its signaling value, but its size can still weigh on investor sentiment. Slootman insider sale article
• Negative Sentiment: Investors remain sensitive to Snowflake’s high valuation and lack of consistent profitability. The company’s rapid revenue growth and AI potential are supportive, but losses and the timing of AI monetization remain key risks. Snowflake AI monetization article

Snowflake Price Performance

Snowflake stock opened at $313.33 on Friday. The stock has a market capitalization of $110.54 billion, a price-to-earnings ratio of -98.53 and a beta of 1.35. Snowflake Inc. has a 52-week low of $118.30 and a 52-week high of $384.56. The stock’s 50 day moving average price is $331.82 and its two-hundred day moving average price is $260.29. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.94 and a current ratio of 0.94.

Snowflake (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.45 by $0.17. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.48 billion. Snowflake had a negative net margin of 20.07% and a negative return on equity of 46.32%. The company’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 EPS. On average, equities analysts predict that Snowflake Inc. will post -1.44 earnings per share for the current year.

Insider Activity at Snowflake

In related news, Director Michael Speiser sold 50,338 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $324.06, for a total transaction of $16,312,532.28. Following the transaction, the director directly owned 26,036 shares of the company’s stock, valued at $8,437,226.16. This represents a 65.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank Slootman sold 300,000 shares of the firm’s stock in a transaction on Monday, October 19th. The stock was sold at an average price of $316.43, for a total transaction of $94,929,000.00. Following the completion of the sale, the director owned 19,024 shares of the company’s stock, valued at $6,019,764.32. The trade was a 94.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,246,429 shares of company stock worth $408,832,628 over the last quarter. 4.80% of the stock is currently owned by insiders.

Snowflake Company Profile

Snowflake Inc is a cloud-based data platform company that helps organizations store, process, analyze and share data across public cloud environments. Its platform is designed to support data warehousing, data lakes, data engineering, data applications and analytics without requiring customers to manage the underlying hardware or software infrastructure.

Snowflake offers services for data sharing and collaboration, allowing organizations to securely exchange data with internal teams, customers, partners and third-party providers.