Crossmark International Holdings Inc. Invests $278,000 in Snowflake Inc. (NYSE:SNOW)

Crossmark International Holdings Inc. purchased a brand new place in shares of Snowflake Inc. (NYSE:SNOWGet Score) within the third quarter, in response to the corporate in its most up-to-date disclosure with the Securities and Alternate Fee (SEC). The institutional investor purchased 1,635 shares of the corporate’s inventory, valued at roughly $278,000.

Different massive buyers have additionally modified their holdings of the corporate. Ronald Blue Belief Inc. grew its holdings in shares of Snowflake by 41.4% within the third quarter. Ronald Blue Belief Inc. now owns 198 shares of the corporate’s inventory valued at $28,000 after buying an extra 58 shares in the course of the interval. Jeppson Wealth Administration LLC grew its holdings in shares of Snowflake by 4.1% within the third quarter. Jeppson Wealth Administration LLC now owns 1,501 shares of the corporate’s inventory valued at $255,000 after buying an extra 59 shares in the course of the interval. Balentine LLC grew its holdings in shares of Snowflake by 2.8% within the third quarter. Balentine LLC now owns 2,703 shares of the corporate’s inventory valued at $459,000 after buying an extra 74 shares in the course of the interval. Fundamental Road Monetary Options LLC grew its holdings in shares of Snowflake by 4.6% within the second quarter. Fundamental Road Monetary Options LLC now owns 1,820 shares of the corporate’s inventory valued at $253,000 after buying an extra 80 shares in the course of the interval. Lastly, Dynamic Advisor Options LLC grew its holdings in shares of Snowflake by 3.3% within the third quarter. Dynamic Advisor Options LLC now owns 2,470 shares of the corporate’s inventory valued at $420,000 after buying an extra 80 shares in the course of the interval. Hedge funds and different institutional buyers personal 65.31% of the corporate’s inventory.

Insider Transactions at Snowflake

In different information, insider Benoit Dageville offered 724 shares of the agency’s inventory in a transaction that occurred on Friday, December ninth. The shares have been offered at a median worth of $142.59, for a complete transaction of $103,235.16. Following the transaction, the insider now straight owns 14,404 shares within the firm, valued at $2,053,866.36. The sale was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. In different information, CFO Michael Scarpelli offered 200,000 shares of the agency’s inventory in a transaction that occurred on Tuesday, December thirteenth. The shares have been offered at a median worth of $151.76, for a complete transaction of $30,352,000.00. Following the transaction, the chief monetary officer now straight owns 101,097 shares within the firm, valued at $15,342,480.72. The sale was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. Additionally, insider Benoit Dageville offered 724 shares of Snowflake inventory in a transaction on Friday, December ninth. The shares have been offered at a median worth of $142.59, for a complete transaction of $103,235.16. Following the completion of the transaction, the insider now owns 14,404 shares within the firm, valued at $2,053,866.36. The disclosure for this sale might be discovered right here. Over the past ninety days, insiders have offered 202,035 shares of firm inventory price $30,642,171. Insiders personal 8.90% of the corporate’s inventory.

Snowflake Worth Efficiency

SNOW inventory opened at $145.79 on Wednesday. Snowflake Inc. has a twelve month low of $110.26 and a twelve month excessive of $329.49. The corporate’s 50 day transferring common is $142.07 and its two-hundred day transferring common is $156.76.

Snowflake (NYSE:SNOWGet Score) final introduced its earnings outcomes on Wednesday, November thirtieth. The corporate reported ($0.60) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of ($0.46) by ($0.14). The enterprise had income of $557.03 million for the quarter, in comparison with analysts’ expectations of $535.81 million. Snowflake had a damaging return on fairness of 12.98% and a damaging internet margin of 38.79%. On common, equities analysis analysts anticipate that Snowflake Inc. will publish -2.08 earnings per share for the present fiscal 12 months.

Analysts Set New Worth Targets

Plenty of equities analysis analysts just lately issued studies on SNOW shares. Needham & Firm LLC dropped their worth goal on shares of Snowflake from $240.00 to $165.00 and set a “purchase” score for the corporate in a report on Thursday, December 1st. Rosenblatt Securities lowered their goal worth on shares of Snowflake to $200.00 in a analysis observe on Friday, December 2nd. Macquarie started protection on shares of Snowflake in a analysis observe on Wednesday, November 2nd. They set a “impartial” score and a $173.00 goal worth for the corporate. Robert W. Baird lowered their goal worth on shares of Snowflake from $215.00 to $185.00 in a analysis observe on Tuesday, November twenty second. Lastly, Cowen lowered their goal worth on shares of Snowflake from $235.00 to $225.00 in a analysis observe on Thursday, December 1st. 4 analysts have rated the inventory with a promote score, ten have issued a maintain score and twenty-six have issued a purchase score to the corporate’s inventory. Based mostly on information from MarketBeat, the corporate at the moment has a median score of “Average Purchase” and a median goal worth of $188.28.

About Snowflake

(Get Score)

Snowflake Inc gives a cloud-based information platform in the USA and internationally. The corporate’s platform affords Knowledge Cloud, which allows clients to consolidate information right into a single supply of reality to drive significant enterprise insights, construct data-driven purposes, and share information. Its platform is utilized by varied organizations of sizes in a variety of industries.

Beneficial Tales

Wish to see what different hedge funds are holding SNOW? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Snowflake Inc. (NYSE:SNOWGet Score).

Institutional Ownership by Quarter for Snowflake (NYSE:SNOW)

This immediate information alert was generated by narrative science expertise and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected]

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