Safety Profit Life Insurance coverage Co. KS raised its place in Snowflake Inc. (NYSE:SNOW – Get Ranking) by 13.3% through the third quarter, in response to its most up-to-date submitting with the SEC. The agency owned 98,970 shares of the corporate’s inventory after buying an extra 11,591 shares through the interval. Snowflake accounts for roughly 1.6% of Safety Profit Life Insurance coverage Co. KS’s portfolio, making the inventory its tenth largest place. Safety Profit Life Insurance coverage Co. KS’s holdings in Snowflake have been value $16,821,000 on the finish of the newest reporting interval.

Different hedge funds and different institutional buyers have additionally not too long ago modified their holdings of the corporate. Vanguard Group Inc. lifted its place in shares of Snowflake by 8.3% through the third quarter. Vanguard Group Inc. now owns 17,293,889 shares of the corporate’s inventory valued at $2,939,269,000 after buying an extra 1,327,410 shares through the interval. BlackRock Inc. lifted its place in shares of Snowflake by 25.7% through the third quarter. BlackRock Inc. now owns 12,567,822 shares of the corporate’s inventory valued at $2,136,029,000 after buying an extra 2,569,953 shares through the interval. Worth T Rowe Associates Inc. MD lifted its place in shares of Snowflake by 17.0% through the 2nd quarter. Worth T Rowe Associates Inc. MD now owns 8,741,955 shares of the corporate’s inventory valued at $1,215,656,000 after buying an extra 1,270,181 shares through the interval. Sands Capital Administration LLC lifted its place in shares of Snowflake by 6.6% through the 2nd quarter. Sands Capital Administration LLC now owns 5,721,972 shares of the corporate’s inventory valued at $795,697,000 after buying an extra 354,757 shares through the interval. Lastly, State Avenue Corp lifted its place in shares of Snowflake by 30.6% through the third quarter. State Avenue Corp now owns 5,657,938 shares of the corporate’s inventory valued at $961,623,000 after buying an extra 1,324,033 shares through the interval. Institutional buyers and hedge funds personal 65.31% of the corporate’s inventory.

Snowflake Buying and selling Down 1.5 %

Shares of SNOW traded down $2.13 throughout mid-day buying and selling on Wednesday, reaching $137.69. 1,852,541 shares of the inventory traded palms, in comparison with its common quantity of 5,859,038. The agency has a fifty day shifting common worth of $148.84 and a 200 day shifting common worth of $155.67. The corporate has a market cap of $44.28 billion, a price-to-earnings ratio of -54.51 and a beta of 0.75. Snowflake Inc. has a 1 yr low of $110.26 and a 1 yr excessive of $246.52.

Insider Transactions at Snowflake

In different information, insider Benoit Dageville bought 57,564 shares of Snowflake inventory in a transaction on Wednesday, March eighth. The shares have been bought at a median worth of $140.13, for a complete transaction of $8,066,443.32. Following the completion of the sale, the insider now immediately owns 14,404 shares of the corporate’s inventory, valued at roughly $2,018,432.52. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible by this hyperlink. In associated information, Director John Dennis Mcmahon bought 1,000 shares of the agency’s inventory in a transaction that occurred on Monday, March sixth. The inventory was bought at a median worth of $142.65, for a complete transaction of $142,650.00. Following the transaction, the director now immediately owns 154,902 shares within the firm, valued at roughly $22,096,770.30. The transaction was disclosed in a submitting with the SEC, which is offered by this hyperlink. Additionally, insider Benoit Dageville bought 57,564 shares of the agency’s inventory in a transaction that occurred on Wednesday, March eighth. The inventory was bought at a median worth of $140.13, for a complete worth of $8,066,443.32. Following the transaction, the insider now owns 14,404 shares within the firm, valued at $2,018,432.52. The disclosure for this sale might be discovered right here. Within the final ninety days, insiders bought 70,318 shares of firm inventory valued at $9,856,800. Insiders personal 8.90% of the corporate’s inventory.

Wall Avenue Analysts Forecast Progress

SNOW has been the topic of plenty of latest analysis stories. Guggenheim decreased their worth goal on shares of Snowflake to $105.00 in a analysis word on Friday, December 2nd. Deutsche Financial institution Aktiengesellschaft dropped their worth goal on shares of Snowflake from $185.00 to $170.00 in a analysis report on Monday, January twenty third. Cowen dropped their worth goal on shares of Snowflake from $235.00 to $225.00 in a analysis report on Thursday, December 1st. Stifel Nicolaus dropped their worth goal on shares of Snowflake from $180.00 to $150.00 in a analysis report on Thursday, December 1st. Lastly, Robert W. Baird dropped their worth goal on shares of Snowflake from $185.00 to $180.00 in a analysis report on Thursday, March 2nd. 4 equities 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 inventory. In accordance with knowledge from MarketBeat.com, the corporate has a consensus score of “Reasonable Purchase” and a median worth goal of $187.75.

Snowflake Firm Profile

(Get Ranking)

Snowflake Inc offers a cloud-based knowledge platform in the USA and internationally. The corporate’s platform gives Information Cloud, which permits prospects 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 numerous organizations of sizes in a spread of industries.

Learn Extra

Wish to see what different hedge funds are holding SNOW? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Snowflake Inc. (NYSE:SNOW – Get Ranking).

This instantaneous information alert was generated by narrative science know-how and monetary knowledge from MarketBeat so as 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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