2 weeks Ago By Defense World Staff
AQR Capital Management LLC boosted its position in Snowflake Inc. ( NYSE:SNOW – Free Report ) by 210.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 974,576 shares of the company’s stock after acquiring an additional 660,168 shares during the quarter. AQR Capital Management LLC owned 0.29% of Snowflake worth $131,656,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also added to or reduced their stakes in SNOW. Accent Capital Management LLC purchased a new stake in shares of Snowflake in the 4th quarter valued at $25,000. LRI Investments LLC bought a new stake in Snowflake in the first quarter worth $29,000.
FinTrust Capital Advisors LLC lifted its stake in Snowflake by 193.9% in the fourth quarter. FinTrust Capital Advisors LLC now owns 194 shares of the company’s stock worth $39,000 after purchasing an additional 128 shares during the last quarter.
Riverview Trust Co purchased a new stake in Snowflake during the first quarter valued at about $31,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of Snowflake during the first quarter valued at about $32,000. Hedge funds and other institutional investors own 65.
10% of the company’s stock. Insider Activity at Snowflake In other Snowflake news, EVP Christian Kleinerman sold 15,000 shares of the business’s stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $142.
98, for a total value of $2,144,700.00. Following the completion of the transaction, the executive vice president now owns 733,773 shares of the company’s stock, valued at approximately $104,914,863.
54. The sale was disclosed in a legal filing with the SEC, which is available through this link . In related news, Director Teresa Briggs sold 848 shares of Snowflake stock in a transaction on Friday, July 5th.
The stock was sold at an average price of $142.98, for a total value of $121,247.04.
Following the completion of the sale, the director now owns 4,247 shares of the company’s stock, valued at $607,236.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink .
Also, EVP Christian Kleinerman sold 15,000 shares of the company’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $142.98, for a total value of $2,144,700.
00. Following the sale, the executive vice president now owns 733,773 shares of the company’s stock, valued at approximately $104,914,863.54.
The disclosure for this sale can be found here . Insiders have sold 45,386 shares of company stock valued at $5,715,941 over the last ninety days. Insiders own 7.
80% of the company’s stock. Wall Street Analysts Forecast Growth View Our Latest Stock Report on SNOW Snowflake Stock Down 0.2 % NYSE:SNOW opened at $112.
43 on Friday. The stock has a market cap of $37.69 billion, a price-to-earnings ratio of -40.
15 and a beta of 0.83. The company’s 50 day moving average price is $119.
19 and its 200-day moving average price is $138.07. Snowflake Inc.
has a 52 week low of $107.13 and a 52 week high of $237.72.
Snowflake ( NYSE:SNOW – Get Free Report ) last issued its earnings results on Wednesday, August 21st. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.
16 by $0.02. Snowflake had a negative return on equity of 19.
62% and a negative net margin of 31.73%. The business had revenue of $868.
80 million for the quarter, compared to the consensus estimate of $851.72 million. During the same period last year, the business posted ($0.
52) EPS. The company’s revenue was up 28.9% compared to the same quarter last year.
As a group, sell-side analysts anticipate that Snowflake Inc. will post -2.41 earnings per share for the current year.
Snowflake Profile ( Free Report ) Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems. See Also Five stocks we like better than Snowflake Stock Ratings and Recommendations: Understanding Analyst Ratings Rocket Lab Stock Soars: Should Investors Chase the Rally? What is a Stock Market Index and How Do You Use Them? KB Home Slips After Earnings: What’s Next for Homebuilders? REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Receive News & Ratings for Snowflake Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snowflake and related companies with MarketBeat.
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