Bedell Frazier Investment Counselling LLC Acquires 13,651 Shares of Snowflake Inc. $SNOW

Bedell Frazier Investment Counselling LLC boosted its holdings in shares of Snowflake Inc. (NYSE:SNOW) by 992.8% during the 3rd quarter, Holdings Channel reports. The firm owned 15,026 shares of the company’s stock after buying an additional 13,651 shares during the period. Bedell Frazier Investment Counselling LLC’s holdings in Snowflake were worth $3,389,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. William Blair Investment Management LLC bought a new position in Snowflake in the 3rd quarter worth approximately $116,882,000. Creekmur Asset Management LLC lifted its holdings in shares of Snowflake by 42.8% in the third quarter. Creekmur Asset Management LLC now owns 12,791 shares of the company’s stock worth $2,885,000 after buying an additional 3,831 shares in the last quarter. APG Asset Management N.V. boosted its position in shares of Snowflake by 0.3% during the third quarter. APG Asset Management N.V. now owns 196,655 shares of the company’s stock worth $44,356,000 after acquiring an additional 500 shares during the last quarter. Sierra Summit Advisors LLC boosted its position in shares of Snowflake by 7.0% during the third quarter. Sierra Summit Advisors LLC now owns 55,285 shares of the company’s stock worth $12,470,000 after acquiring an additional 3,610 shares during the last quarter. Finally, Wealthedge Investment Advisors LLC grew its stake in Snowflake by 9.6% during the third quarter. Wealthedge Investment Advisors LLC now owns 4,271 shares of the company’s stock valued at $963,000 after acquiring an additional 374 shares in the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Christian Kleinerman sold 10,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $197.09, for a total transaction of $1,970,900.00. Following the transaction, the executive vice president directly owned 461,351 shares in the company, valued at approximately $90,927,668.59. This represents a 2.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael L. Speiser sold 50,338 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $165.22, for a total transaction of $8,316,844.36. Following the completion of the sale, the director directly owned 31,076 shares of the company’s stock, valued at approximately $5,134,376.72. The trade was a 61.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 713,681 shares of company stock worth $148,264,518 over the last 90 days. Insiders own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. BTIG Research decreased their price target on shares of Snowflake from $312.00 to $235.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Snowflake in a research report on Wednesday, January 21st. DA Davidson dropped their price target on Snowflake from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday. Royal Bank Of Canada set a $245.00 price objective on Snowflake in a research note on Wednesday, February 11th. Finally, TD Cowen decreased their price objective on Snowflake from $270.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Snowflake has a consensus rating of “Moderate Buy” and a consensus target price of $248.58.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4 beat and healthy demand: Snowflake reported ~30% y/y revenue growth and an EPS beat, with improving cash flow and strong customer metrics that underpin medium‑term revenue momentum. Snowflake Stock Surges After Q4 Revenue Jumps 30%, EPS Tops Estimates
• Positive Sentiment: AI positioning and market opportunity: Management highlighted agentic AI capabilities, partnerships (OpenAI/Anthropic integrations) and accelerating enterprise AI adoption — including faster growth in India — supporting a durable addressable market for Snowflake’s data cloud. Snowflake sees high levels of AI adoption among India Inc; country growth faster than global
• Positive Sentiment: Market technical/bull case: Some analysts and MarketBeat argue the sell‑off is overdone, institutions have been accumulating, and Snowflake’s cross‑cloud data position makes it central to AI workflows — a potential catalyst for a recovery. Is Snowflake’s Stock Meltdown Over? Signs Point to a Bottom
• Neutral Sentiment: Analyst repositioning: Many firms kept Buy/Overweight ratings but trimmed price targets after the quarter (UBS, Morgan Stanley, JPMorgan, Canaccord, etc.), leaving a mix of upside potential and reduced near‑term analyst support. These Analysts Slash Their Forecasts On Snowflake After Q4 Results
• Negative Sentiment: Mixed outlook disappointed some investors: Management’s FY27 product revenue guide (~27%) was viewed as conservative relative to some buyside expectations, contributing to a share pullback despite the beat. Snowflake’s stock dips as the software company gives a mixed outlook
• Negative Sentiment: Rising legal risk: Multiple law firms and class‑action notices were filed or publicized this week, creating legal overhang and increasing near‑term uncertainty for shareholders. Deadlines for lead‑plaintiff filings are being emphasized. Bronstein, Gewirtz & Grossman LLC Urges Snowflake Inc. Investors to Act: Class Action Filed
• Negative Sentiment: Profitability concerns persist: Commentary (e.g., Motley Fool) notes that while growth is strong, durable GAAP profitability remains elusive — a point that keeps some investors sidelined despite the AI narrative. Why I’m Still Not Buying Snowflake Stock

Snowflake Price Performance

NYSE:SNOW opened at $168.42 on Friday. The firm has a market capitalization of $57.63 billion, a price-to-earnings ratio of -42.64 and a beta of 1.14. 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 business has a 50 day simple moving average of $198.95 and a 200-day simple moving average of $222.78. Snowflake Inc. has a 1 year low of $120.10 and a 1 year high of $280.67.

Snowflake (NYSE:SNOW) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.25 billion. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.Snowflake’s revenue was up 30.1% on a year-over-year basis. During the same period last year, the company earned $0.30 earnings per share. Equities analysts forecast that Snowflake Inc. will post -2.36 EPS for the current year.

About Snowflake

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.