O Shaughnessy Asset Management LLC Grows Position in Snowflake Inc. $SNOW

O Shaughnessy Asset Management LLC boosted its stake in Snowflake Inc. (NYSE:SNOW) by 10.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 37,603 shares of the company’s stock after acquiring an additional 3,530 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Snowflake were worth $8,249,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. GoalVest Advisory LLC grew its holdings in Snowflake by 221.4% in the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the period. Physician Wealth Advisors Inc. grew its holdings in Snowflake by 56.0% in the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock valued at $31,000 after purchasing an additional 51 shares during the period. HHM Wealth Advisors LLC grew its stake in Snowflake by 50.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock worth $33,000 after buying an additional 50 shares during the period. Ameriflex Group Inc. grew its stake in Snowflake by 252.2% during the third quarter. Ameriflex Group Inc. now owns 162 shares of the company’s stock worth $37,000 after buying an additional 116 shares during the period. Finally, JPL Wealth Management LLC purchased a new stake in Snowflake during the third quarter worth approximately $39,000. 65.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Morgan Stanley boosted their price objective on shares of Snowflake from $245.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Barclays boosted their price objective on shares of Snowflake from $272.00 to $285.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 4th. Piper Sandler boosted their price objective on shares of Snowflake from $295.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Loop Capital boosted their price objective on shares of Snowflake from $290.00 to $320.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, TD Cowen reiterated a “buy” rating and set a $300.00 price objective on shares of Snowflake in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $291.77.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Bank of America named Snowflake one of its “Fab Five” infrastructure software stocks to watch, suggesting the company can build on its recent rally. Infrastructure Software Stocks Look Strong. Snowflake Among Analyst’s ‘Fab Five’ To Watch.
• Positive Sentiment: Barclays raised its price target on Snowflake to $285 from $272, and Truist lifted its target to $300 from $275, reinforcing the view that Wall Street sees further upside. Barclays Lifts PT on Snowflake (SNOW) – Here’s Why Truist Raises Snowflake Inc. (SNOW) Price Target to $300 from $275
• Positive Sentiment: Snowflake’s Summit-related announcements, including new AI assistant and governance/security updates, support the company’s push to position itself as more than a cloud data warehouse provider and strengthen its AI story. Snowflake debuts CoCo AI assistant for Slack Excel VS Code Snowflake expands AI governance and security with Horizon catalog updates
• Positive Sentiment: Snowflake also announced partner momentum, with MegazoneCloud winning 2026 APJ Snowflake Resale Partner of the Year, pointing to healthy ecosystem traction. MegazoneCloud Wins 2026 APJ Snowflake Resale Partner of the Year
• Neutral Sentiment: Some market commentary says Snowflake has had a big run recently and asks whether the stock is still a buy at current levels, which may temper enthusiasm even as the long-term narrative stays constructive. Is It Too Late To Consider Snowflake (SNOW) After Recent Share Price Volatility?
• Neutral Sentiment: Snowflake’s recent investor-day and conference headlines have also kept the stock in focus, but the details mostly reinforce the same themes of AI expansion, governance, and platform broadening rather than a single major new catalyst. Snowflake stock gets a bold AI call from Wall Street

Snowflake Price Performance

Shares of SNOW stock opened at $239.64 on Thursday. The company has a market capitalization of $83.06 billion, a PE ratio of -68.08 and a beta of 1.35. The firm has a fifty day simple moving average of $170.26 and a 200-day simple moving average of $189.87. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.18. Snowflake Inc. has a twelve month low of $118.30 and a twelve month high of $284.99.

Snowflake (NYSE:SNOW) last announced its earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.07. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. Snowflake had a negative net margin of 23.79% and a negative return on equity of 50.50%. The business’s quarterly revenue was up 33.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 earnings per share. Equities research analysts anticipate that Snowflake Inc. will post -1.87 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Michael L. Speiser sold 50,338 shares of the company’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $148.21, for a total value of $7,460,594.98. Following the completion of the transaction, the director directly owned 29,396 shares in the company, valued at approximately $4,356,781.16. This represents a 63.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Garrett sold 100,000 shares of the company’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $250.00, for a total transaction of $25,000,000.00. Following the completion of the transaction, the director owned 8,801 shares of the company’s stock, valued at $2,200,250. This trade represents a 91.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,589,550 shares of company stock worth $359,438,410. 4.80% of the stock is currently owned by company insiders.

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.