Privium Fund Administration B.V. lifted its stake in Snowflake Inc. (– ) by 21.6% within the third quarter, in line with its most up-to-date submitting with the Securities and Alternate Fee (SEC). The institutional investor owned 120,550 shares of the corporate’s inventory after buying an extra 21,400 shares through the interval. Snowflake accounts for roughly 7.5% of Privium Fund Administration B.V.’s holdings, making the inventory its third largest place. Privium Fund Administration B.V.’s holdings in Snowflake have been value $20,534,000 as of its most up-to-date SEC submitting.
Different institutional traders additionally just lately purchased and offered shares of the corporate. ACT Capital Administration LLC bought a brand new stake in Snowflake within the third quarter value roughly $170,000. Instructor Retirement System of Texas boosted its place in shares of Snowflake by 117.1% within the third quarter. Instructor Retirement System of Texas now owns 71,759 shares of the corporate’s inventory value $12,196,000 after buying an extra 38,709 shares through the interval. Trustcore Monetary Providers LLC elevated its stake in shares of Snowflake by 106.6% within the third quarter. Trustcore Monetary Providers LLC now owns 1,436 shares of the corporate’s inventory value $244,000 after buying an extra 741 shares within the final quarter. Rockefeller Capital Administration L.P. raised its place in shares of Snowflake by 36.5% through the third quarter. Rockefeller Capital Administration L.P. now owns 83,189 shares of the corporate’s inventory valued at $14,137,000 after buying an extra 22,263 shares through the interval. Lastly, Sandy Spring Financial institution lifted its stake in shares of Snowflake by 344.8% through the third quarter. Sandy Spring Financial institution now owns 645 shares of the corporate’s inventory valued at $109,000 after shopping for an extra 500 shares within the final quarter. 65.31% of the inventory is owned by institutional traders.
Snowflake Inventory Efficiency
traded up $3.45 throughout buying and selling on Friday, hitting $138.69. The inventory had a buying and selling quantity of 51,394 shares, in comparison with its common quantity of 5,396,408. Snowflake Inc. has a one yr low of $110.26 and a one yr excessive of $329.49. The inventory has a 50 day easy shifting common of $142.52 and a 200 day easy shifting common of $156.79. The inventory has a market capitalization of $44.60 billion, a price-to-earnings ratio of -59.06 and a beta of 0.72.
Snowflake (– ) final issued its quarterly earnings outcomes on Wednesday, November thirtieth. The corporate reported ($0.60) earnings per share for the quarter, lacking the consensus estimate of ($0.46) by ($0.14). Snowflake had a unfavorable return on fairness of 12.98% and a unfavorable web margin of 38.79%. The enterprise had income of $557.03 million through the quarter, in comparison with analysts’ expectations of $535.81 million. On common, sell-side analysts predict that Snowflake Inc. will put up -2.08 EPS for the present yr.
Analysts Set New Worth Targets
A variety of equities analysis analysts have issued studies on the corporate. Raymond James lower their value goal on Snowflake from $197.00 to $180.00 in a analysis word on Thursday, December 1st. Sanford C. Bernstein initiated protection on Snowflake in a analysis word on Tuesday, October eleventh. They set a “market carry out” score on the inventory. Wells Fargo & Firm initiated protection on Snowflake in a analysis word on Friday, January sixth. They issued an “chubby” score and a $170.00 value goal for the corporate.started protection on shares of Snowflake in a analysis report on Wednesday, October twelfth. They set a “promote” score on the inventory. Lastly, Truist Monetary lowered their goal value on shares of Snowflake from $225.00 to $200.00 in a report on Tuesday, November eighth. 4 analysis analysts have rated the inventory with a promote score, ten have given a maintain score and twenty-six have issued a purchase score to the corporate’s inventory. In response to MarketBeat, the inventory has a consensus score of “Average Purchase” and a consensus goal value of $188.67.
Insiders Place Their Bets
In different information, CFOoffered 200,000 shares of the enterprise’s inventory in a transaction on Tuesday, December thirteenth. The shares have been offered at a median value of $151.76, for a complete transaction of $30,352,000.00. Following the completion of the sale, the chief monetary officer now immediately owns 101,097 shares of the corporate’s inventory, valued at $15,342,480.72. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which could be accessed by means of . In associated information, CFO offered 200,000 shares of Snowflake inventory in a transaction dated Tuesday, December thirteenth. The shares have been offered at a median value of $151.76, for a complete transaction of $30,352,000.00. Following the completion of the sale, the chief monetary officer now owns 101,097 shares within the firm, valued at roughly $15,342,480.72. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible at . Additionally, insider offered 724 shares of the corporate’s inventory in a transaction dated Friday, December ninth. The inventory was offered at a median value 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 could be discovered . Insiders have offered a complete of 202,035 shares of firm inventory value $30,642,171 during the last quarter. Firm insiders personal 8.90% of the corporate’s inventory.
Snowflake Firm Profile
Snowflake Inc offers a cloud-based knowledge platform in america and internationally. The corporate’s platform presents Knowledge Cloud, which permits clients to consolidate knowledge right into a single supply of fact to drive significant enterprise insights, construct data-driven functions, and share knowledge. Its platform is utilized by varied organizations of sizes in a variety of industries.
Need to see what different hedge funds are holding SNOW?to get the most recent 13F filings and insider trades for Snowflake Inc. ( – ).
This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with a view to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to [email protected]
Earlier than you think about Snowflake, you will wish to hear this.
MarketBeat retains monitor of Wall Road’s top-rated and greatest performing analysis analysts and the shares they suggest to their shoppers every day. MarketBeat has recognized thethat high analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Snowflake wasn’t on the listing.
Whereas Snowflake presently has a “Average Purchase” score amongst analysts, top-rated analysts consider these 5 shares are higher buys.