Fayez Sarofim & Co bought a brand new place in Snowflake Inc. (NYSE:SNOW – Get Ranking) through the third quarter, in keeping with the corporate in its most up-to-date Type 13F submitting with the Securities and Alternate Fee. The agency bought 1,250 shares of the corporate’s inventory, valued at roughly $212,000.

Different massive traders have additionally added to or decreased their stakes within the firm. Credit score Suisse AG grew its holdings in Snowflake by 5.3% within the third quarter. Credit score Suisse AG now owns 300,472 shares of the corporate’s inventory value $51,068,000 after buying an extra 15,034 shares over the last quarter. E&G Advisors LP lifted its place in shares of Snowflake by 7.1% within the third quarter. E&G Advisors LP now owns 1,820 shares of the corporate’s inventory value $309,000 after buying an extra 120 shares through the interval. Oppenheimer Asset Administration Inc. lifted its place in shares of Snowflake by 54.7% within the 2nd quarter. Oppenheimer Asset Administration Inc. now owns 6,624 shares of the corporate’s inventory value $921,000 after buying an extra 2,342 shares through the interval. Nordea Funding Administration AB lifted its place in shares of Snowflake by 12.0% within the third quarter. Nordea Funding Administration AB now owns 256,210 shares of the corporate’s inventory value $44,594,000 after buying an extra 27,383 shares through the interval. Lastly, Sumitomo Mitsui Belief Holdings Inc. lifted its place in shares of Snowflake by 8.6% within the third quarter. Sumitomo Mitsui Belief Holdings Inc. now owns 662,261 shares of the corporate’s inventory value $112,558,000 after buying an extra 52,666 shares through the interval. Institutional traders personal 65.31% of the corporate’s inventory.

Snowflake Buying and selling Up 1.5 %

Shares of NYSE SNOW opened at $139.82 on Wednesday. The agency has a 50 day shifting common of $148.84 and a 200 day shifting common of $155.67. The agency has a market capitalization of $44.97 billion, a price-to-earnings ratio of -55.93 and a beta of 0.75. Snowflake Inc. has a 12-month low of $110.26 and a 12-month excessive of $246.52.

Insider Exercise at Snowflake

In associated information, Director John Dennis Mcmahon offered 10,053 shares of the enterprise’s inventory in a transaction that occurred on Friday, March third. The shares had been offered at a mean worth of $139.98, for a complete transaction of $1,407,218.94. Following the completion of the sale, the director now straight owns 155,902 shares within the firm, valued at $21,823,161.96. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible by means of this hyperlink. In different Snowflake information, Director John Dennis Mcmahon offered 10,053 shares of Snowflake inventory in a transaction that occurred on Friday, March third. The shares had been offered at a mean worth of $139.98, for a complete transaction of $1,407,218.94. Following the transaction, the director now owns 155,902 shares of the corporate’s inventory, valued at $21,823,161.96. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is offered by means of the SEC web site. Additionally, insider Benoit Dageville offered 57,564 shares of Snowflake inventory in a transaction that occurred on Wednesday, March eighth. The shares had been offered at a mean worth of $140.13, for a complete transaction of $8,066,443.32. Following the transaction, the insider now straight owns 14,404 shares within the firm, valued at roughly $2,018,432.52. The disclosure for this sale might be discovered right here. Over the past ninety days, insiders offered 70,318 shares of firm inventory value $9,856,800. 8.90% of the inventory is owned by firm insiders.

Wall Avenue Analysts Forecast Progress

A number of analysis companies have not too long ago commented on SNOW. Oppenheimer dropped their goal worth on shares of Snowflake from $230.00 to $190.00 in a analysis report on Thursday, December 1st. Guggenheim dropped their goal worth on shares of Snowflake to $105.00 in a analysis report on Friday, December 2nd. Mizuho dropped their goal worth on shares of Snowflake from $195.00 to $185.00 and set a “purchase” score for the corporate in a analysis report on Thursday, March 2nd. Credit score Suisse Group lowered their worth goal on shares of Snowflake from $250.00 to $200.00 and set an “outperform” score for the corporate in a analysis report on Monday, December fifth. Lastly, Needham & Firm LLC lifted their worth goal on shares of Snowflake from $165.00 to $180.00 and gave the corporate a “purchase” score in a analysis report on Thursday, March 2nd. 4 analysis analysts have rated the inventory with a promote score, ten have assigned a maintain score and twenty-seven have issued a purchase score to the corporate. In response to knowledge from MarketBeat.com, the inventory has a consensus score of “Average Purchase” and a mean goal worth of $187.75.

Snowflake Firm Profile

(Get Ranking)

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

Additional Studying

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:SNOW – Get Ranking).

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