Snowflake Inc (NYSE: SNOW) is 34.86% higher on its value in year-to-date trading and has touched a low of $107.13 and a high of $214.83 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 $210.85 in the last trading session, with the day’s loss setting it -2.61%.
Currently trading at $208.24, the stock is 5.08% and 21.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.33 million and changing -1.24% at the moment leaves the stock 35.88% off its SMA200. SNOW registered 57.71% gain for a year compared to 6-month loss of 13.76%. The firm has a 50-day simple moving average (SMA 50) of $171.1652 and a 200-day simple moving average (SMA200) of $153.2499.
The stock witnessed a 19.58% gain in the last 1 month and extending the period to 3 months gives it a 38.92%, and is -0.44% 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 0.74% over the week and 3.06% over the month.
Snowflake Inc (SNOW) has around 7834 employees, a market worth around $69.48B and $3.84B in sales. Fwd P/E is 133.79. Profit margin for the company is -36.43%. Distance from 52-week low is 94.38% and -3.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.65%).
with sales reaching $1.09B over the same period.The EPS is expected to grow by 32.75% this year, but quarterly earnings will post 24.74% year-over-year. Quarterly sales are estimated to grow 25.06% in year-over-year returns.
Snowflake Inc (SNOW) Top Institutional Holders
1589.0 institutions hold shares in Snowflake Inc (SNOW), with institutional investors hold 70.38% of the company’s shares. The shares outstanding are 333.64M, and float is at 317.27M with Short Float at 2.97%. Institutions hold 67.46% 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
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Still, SEC filings show that on Jun 10 ’25, Dageville Benoit (Officer) Proposed Sale 548 shares at an average price of $209.96 for $0.12 million. The insider now directly holds shares of Snowflake Inc (SNOW).
