Kornitzer Capital Management Inc. KS Has $13.25 Million Stock Holdings in Snowflake Inc. $SNOW
Kornitzer Capital Management Inc. KS increased its stake in Snowflake Inc. (NYSE:SNOW) by 13.2% in Q3, now holding 58,725 shares valued at approximately $13.25 million. Other investors also adjusted their positions, with significant increases noted. Snowflake's stock opened at $211.24, with a market cap of $72.29 billion. The company reported earnings of $0.35 per share, surpassing estimates, and revenue of $1.21 billion, up 28.7% year-over-year. Analysts have set target prices ranging from $270 to $312, with a consensus rating of "Moderate Buy."
