Snowflake Inc (NYSE: SNOW) is -13.54% lower on its value in year-to-date trading and has touched a low of $107.13 and a high of $194.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNOW stock was last observed hovering at around $131.04 in the last trading session, with the day’s gains setting it 2.47%.
Currently trading at $133.51, the stock is -11.54% and -20.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.92 million and changing 1.88% at the moment leaves the stock -6.89% off its SMA200. SNOW registered -13.23% loss for a year compared to 6-month gain of 16.38%. The firm has a 50-day simple moving average (SMA 50) of $166.997 and a 200-day simple moving average (SMA200) of $143.38605.
The stock witnessed a -9.54% loss in the last 1 month and extending the period to 3 months gives it a -18.13%, and is -10.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.47% over the week and 4.76% over the month.
Snowflake Inc (SNOW) has around 7834 employees, a market worth around $44.61B and $3.63B in sales. Fwd P/E is 83.96. Profit margin for the company is -35.45%. Distance from 52-week low is 24.62% and -31.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.76%).
with sales reaching $1.01B over the same period.The EPS is expected to grow by 41.01% this year, but quarterly earnings will post 23.61% year-over-year. Quarterly sales are estimated to grow 21.45% in year-over-year returns.
Snowflake Inc (SNOW) Top Institutional Holders
1505.0 institutions hold shares in Snowflake Inc (SNOW), with institutional investors hold 68.17% of the company’s shares. The shares outstanding are 333.87M, and float is at 311.21M with Short Float at 3.54%. Institutions hold 65.10% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.5 million shares valued at $3.04 billion. The investor’s holdings represent 6.7438% of the SNOW Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.78 million shares valued at $2.27 billion to account for 5.0214 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 12.37 million shares representing 3.7018% and valued at over $1.67 billion, while ALTIMETER CAPITAL MANAGEMENT, LP holds 2.8589 of the shares totaling 9.55 million with a market value of $1.29 billion.
Snowflake Inc (SNOW) Insider Activity
The most recent transaction is an insider sale by Speiser Michael L, the company’s Director. SEC filings show that Speiser Michael L sold 50,338 shares of the company’s common stock on Apr 04 ’25 at a price of $129.25 per share for a total of $6.51 million. Following the sale, the insider now owns 39476.0 shares.
Snowflake Inc disclosed in a document filed with the SEC on Apr 04 ’25 that Speiser Michael L (Director) sold a total of 403 shares of the company’s common stock. The trade occurred on Apr 04 ’25 and was made at $129.25 per share for $52087.0. Following the transaction, the insider now directly holds 26375.0 shares of the SNOW stock.
Still, SEC filings show that on Apr 04 ’25, Speiser Michael L (Affiliate) Proposed Sale 50,741 shares at an average price of $129.33 for $6.56 million. The insider now directly holds shares of Snowflake Inc (SNOW).
