Snowflake Inc (NYSE: SNOW) is 3.85% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SNOW stock was last observed hovering at around $158.96 in the last trading session, with the day’s gains setting it 1.39%.
Currently trading at $160.35, the stock is 9.81% and 2.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.33 million and changing 0.87% at the moment leaves the stock 11.13% off its SMA200. SNOW registered 5.15% gain for a year compared to 6-month gain of 39.53%. The firm has a 50-day simple moving average (SMA 50) of $156.6432 and a 200-day simple moving average (SMA200) of $144.29565.
The stock witnessed a 6.45% loss in the last 1 month and extending the period to 3 months gives it a -14.72%, and is 14.35% up 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 3.51% over the week and 5.50% over the month.
Snowflake Inc (SNOW) has around 7834 employees, a market worth around $53.57B and $3.63B in sales. Fwd P/E is 100.79. Profit margin for the company is -35.45%. Distance from 52-week low is 49.68% and -17.52% 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 41.18% this year, but quarterly earnings will post 23.03% year-over-year. Quarterly sales are estimated to grow 21.32% in year-over-year returns.
Snowflake Inc (SNOW) Top Institutional Holders
1515.0 institutions hold shares in Snowflake Inc (SNOW), with institutional investors hold 68.46% of the company’s shares. The shares outstanding are 333.87M, and float is at 311.26M with Short Float at 3.21%. Institutions hold 65.38% 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 6.7339% 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 Kleinerman Christian, the company’s EVP, Product Management. SEC filings show that Kleinerman Christian sold 10,000 shares of the company’s common stock on Apr 25 ’25 at a price of $160.00 per share for a total of $1.6 million. Following the sale, the insider now owns 0.59 million shares.
Still, SEC filings show that on Apr 23 ’25, Dageville Benoit (President of Products) disposed off 6,250 shares at an average price of $150.00 for $0.94 million. The insider now directly holds 65,054 shares of Snowflake Inc (SNOW).
