Womack Financial LLC Sells 4,582 Shares of Snowflake Inc. $SNOW

Womack Financial LLC decreased its position in Snowflake Inc. (NYSE:SNOW) by 49.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,632 shares of the company’s stock after selling 4,582 shares during the quarter. Womack Financial LLC’s holdings in Snowflake were worth $1,016,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of Snowflake in the 4th quarter worth $1,357,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Snowflake by 14.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 63,753 shares of the company’s stock worth $13,985,000 after acquiring an additional 7,928 shares in the last quarter. Jupiter Asset Management Ltd. grew its position in Snowflake by 173.2% during the fourth quarter. Jupiter Asset Management Ltd. now owns 217,730 shares of the company’s stock valued at $47,761,000 after buying an additional 138,029 shares during the period. Intech Investment Management LLC grew its position in Snowflake by 28.2% during the fourth quarter. Intech Investment Management LLC now owns 17,375 shares of the company’s stock valued at $3,811,000 after buying an additional 3,817 shares during the period. Finally, Foundations Investment Advisors LLC bought a new position in Snowflake during the fourth quarter valued at about $474,000. Institutional investors own 65.10% of the company’s stock.

Insider Buying and Selling at Snowflake

In other Snowflake news, Director Michael L. Speiser sold 50,338 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $175.19, for a total transaction of $8,818,714.22. Following the completion of the transaction, the director owned 30,236 shares in the company, valued at $5,297,044.84. This trade represents a 62.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Frank Slootman sold 144,650 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $175.45, for a total transaction of $25,378,842.50. Following the transaction, the director owned 38,046 shares of the company’s stock, valued at $6,675,170.70. This represents a 79.18% decrease in their position. 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 484,313 shares of company stock worth $81,766,598 over the last ninety days. Company insiders own 4.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SNOW shares. Citigroup restated a “market outperform” rating on shares of Snowflake in a research report on Thursday. Sanford C. Bernstein increased their price target on shares of Snowflake from $195.00 to $250.00 and gave the company a “market perform” rating in a research report on Thursday. Guggenheim restated a “neutral” rating on shares of Snowflake in a research report on Wednesday, February 18th. JPMorgan Chase & Co. increased their price target on shares of Snowflake from $245.00 to $285.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Raymond James Financial restated an “outperform” rating and set a $275.00 price target on shares of Snowflake in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $283.74.

Snowflake Price Performance

Shares of NYSE:SNOW opened at $239.22 on Friday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $82.70 billion, a PE ratio of -67.96 and a beta of 1.08. Snowflake Inc. has a twelve month low of $118.30 and a twelve month high of $280.67. The company has a 50-day moving average price of $155.03 and a two-hundred day moving average price of $190.49.

Snowflake (NYSE:SNOW) last issued its earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.32 billion. Snowflake had a negative net margin of 23.79% and a negative return on equity of 49.29%. The company’s quarterly revenue was up 33.5% on a year-over-year basis. During the same quarter last year, the business earned $0.24 earnings per share. Equities analysts forecast that Snowflake Inc. will post -2.16 EPS for the current year.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake beat expectations, reporting EPS of $0.39 versus $0.32 expected and revenue of $1.39 billion versus $1.32 billion expected, with sales up 33.5% year over year. Article Title
• Positive Sentiment: The company raised full-year product revenue guidance, signaling management sees continued demand for its cloud data and AI offerings. Article Title
• Positive Sentiment: Snowflake announced a $6 billion, five-year strategic collaboration with AWS, tied to Graviton processors and AI infrastructure, which investors view as a major growth catalyst for enterprise agentic AI adoption. Article Title
• Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets, reflecting confidence that AI demand and the AWS deal could support further upside. Article Title
• Positive Sentiment: Snowflake also said it will acquire Natoma, adding governance and identity tools for AI agents, another sign it is building out its AI platform. Article Title
• Neutral Sentiment: Director Frank Slootman disclosed a pre-planned sale of shares under a 10b5-1 trading plan; while noteworthy, it does not appear tied to the operating outlook. Article Title

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.