<div id="readability-page-1"><p>Strs Ohio lifted its position in shares of  Snowflake Inc. (NYSE:SNOW - Free Report) by 34.4% in the 4th quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The fund owned 327,404 shares of the company's stock after buying an additional 83,722 shares during the quarter. Strs Ohio owned approximately 0.10% of Snowflake worth $71,819,000 at the end of the most recent quarter.</p><ul><li>Let It SNOW: Can Cortex Power Snowflake’s Stock to New Highs?</li></ul><p>Several other hedge funds and other institutional investors have also made changes to their positions in the company. Composition Wealth LLC raised its stake in shares of  Snowflake by 16.5% during the 4th quarter. Composition Wealth LLC now owns 1,374 shares of the company's stock worth $301,000 after buying an additional 195 shares during the last quarter.  PFA Pension Forsikringsaktieselskab acquired a new position in  Snowflake in the 4th quarter valued at about $38,614,000.  Syntax Research Inc. acquired a new position in  Snowflake in the 4th quarter valued at about $2,098,000.  Danske Bank A S raised its stake in  Snowflake by 9.3% in the 4th quarter. Danske Bank A S now owns 178,480 shares of the company's stock valued at $39,151,000 after purchasing an additional 15,112 shares during the last quarter.  Finally, Citizens Business Bank raised its stake in  Snowflake by 2.5% in the 4th quarter. Citizens Business Bank now owns 23,995 shares of the company's stock valued at $5,264,000 after purchasing an additional 583 shares during the last quarter. Institutional investors and hedge funds own  65.10% of the company's stock. </p><h2>Snowflake Trading Up 3.5%</h2><p>NYSE SNOW opened at $141.28 on Friday. Snowflake Inc. has a 12 month low of $118.30 and a 12 month high of $280.67. The company has a 50-day moving average of $158.11 and a 200-day moving average of $203.04. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.30 and a quick ratio of 1.30. The company has a market cap of $48.84 billion, a P/E ratio of -35.77 and a beta of 1.08. </p><ul><li>Snowflake’s AI Bet: Can Project SnowWork Stop the 2026 SaaS Sell-Off Spiral?</li></ul><p>Snowflake (NYSE:SNOW - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.05. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the company posted $0.30 EPS. The company's quarterly revenue was up 30.1% compared to the same quarter last year.  As a group, equities analysts predict that  Snowflake Inc. will post -2.16 earnings per share for the current year. </p><h2>Insider Buying and Selling at Snowflake</h2><p>In other news, SVP Vivek Raghunathan sold 3,876 shares of the business's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $152.80, for a total transaction of $592,252.80. Following the completion of the sale, the senior vice president owned 273,323 shares in the company, valued at approximately $41,763,754.40. The trade was a 1.40% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank Slootman sold 11,299 shares of the business's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $175.25, for a total value of $1,980,149.75. Following the sale, the director owned 38,046 shares of the company's stock, valued at $6,667,561.50. The trade was a 22.90% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 394,313 shares of company stock worth $67,477,780. Company insiders own  6.80% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Is Snowflake’s Stock Meltdown Over? Signs Point to a Bottom</li></ul><p>Several brokerages recently weighed in on SNOW. Cantor Fitzgerald  reissued an &#34;overweight&#34; rating and issued a $250.00 target price on shares of Snowflake in a research note on Monday, February 23rd. TD Cowen cut their target price on shares of Snowflake from $270.00 to $255.00 and set a &#34;buy&#34; rating for the company in a research note on Thursday, February 26th. Morgan Stanley cut their target price on shares of Snowflake from $270.00 to $245.00 and set an &#34;overweight&#34; rating for the company in a research note on Thursday, February 26th. Truist Financial  set a $125.00 target price on shares of Snowflake in a research note on Wednesday, April 15th. Finally, Raymond James Financial  reissued an &#34;outperform&#34; rating on shares of Snowflake in a research note on Monday, February 2nd. One equities research analyst  has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and two have assigned  a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $242.19.</p><p><b>Get Our Latest Report on SNOW</b></p><h2>Snowflake Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Snowflake</li></ul><p><strong>Want to see what other hedge funds are holding SNOW?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Snowflake Inc. (NYSE:SNOW - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNOT1c?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNOT1c"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Snowflake Right Now?</h2><p>Before you consider Snowflake, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Snowflake wasn't on the list.</p><p>While Snowflake currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Strs Ohio increased its stake in Snowflake Inc. (NYSE:SNOW) by 34.4% in Q4, owning 327,404 shares valued at $71.8 million. Other institutional investors also raised their positions. Snowflake's stock opened at $141.28, with a 12-month range of $118.30 to $280.67. The company reported a quarterly EPS of $0.32, exceeding estimates, with revenue of $1.28 billion, up 30.1% year-over-year. Insider trading included sales by SVP Vivek Raghunathan and Director Frank Slootman. Analysts maintain positive ratings, with target prices ranging from $245 to $250.</p>

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Snowflake Inc. $SNOW Shares Acquired by Strs Ohio