Centurion Wealth Management LLC Has $314,000 Holdings in Snowflake Inc. (NYSE:SNOW)

Centurion Wealth Management LLC lifted its stake in shares of Snowflake Inc. (NYSE:SNOW) by 6.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,036 shares of the company’s stock after buying an additional 132 shares during the quarter. Centurion Wealth Management LLC’s holdings in Snowflake were worth $314,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Asset Dedication LLC grew its position in shares of Snowflake by 6.8% during the 4th quarter. Asset Dedication LLC now owns 922 shares of the company’s stock worth $142,000 after buying an additional 59 shares during the period. Breakwater Capital Group grew its position in shares of Snowflake by 2.2% during the 4th quarter. Breakwater Capital Group now owns 2,938 shares of the company’s stock worth $454,000 after buying an additional 62 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its position in shares of Snowflake by 0.6% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 12,191 shares of the company’s stock worth $2,077,000 after buying an additional 69 shares during the period. Larson Financial Group LLC grew its position in shares of Snowflake by 21.8% during the 4th quarter. Larson Financial Group LLC now owns 413 shares of the company’s stock worth $64,000 after buying an additional 74 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Snowflake by 31.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $59,000 after buying an additional 90 shares during the period. Institutional investors and hedge funds own 65.10% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on SNOW. JMP Securities reissued a “market outperform” rating and issued a $190.00 price target on shares of Snowflake in a research report on Tuesday, December 3rd. Rosenblatt Securities lifted their price target on shares of Snowflake from $186.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Cantor Fitzgerald lifted their price target on shares of Snowflake from $201.00 to $228.00 and gave the company an “overweight” rating in a research report on Thursday, February 27th. StockNews.com raised shares of Snowflake from a “sell” rating to a “hold” rating in a research report on Friday, February 28th. Finally, Wells Fargo & Company lifted their price target on shares of Snowflake from $210.00 to $215.00 and gave the company an “overweight” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $202.92.

Insider Buying and Selling at Snowflake

In other Snowflake news, CRO Christopher William Degnan sold 12,782 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $181.87, for a total transaction of $2,324,662.34. Following the transaction, the executive now directly owns 308,164 shares in the company, valued at $56,045,786.68. This trade represents a 3.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Christian Kleinerman sold 3,029 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $171.00, for a total value of $517,959.00. Following the sale, the executive vice president now directly owns 684,639 shares of the company’s stock, valued at approximately $117,073,269. This trade represents a 0.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 297,391 shares of company stock worth $50,053,371 over the last ninety days. Insiders own 7.80% of the company’s stock.

Snowflake Stock Up 4.4 %

Shares of NYSE SNOW opened at $156.41 on Friday. Snowflake Inc. has a one year low of $107.13 and a one year high of $194.40. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.88 and a quick ratio of 1.88. The firm’s 50 day simple moving average is $173.24 and its two-hundred day simple moving average is $148.09. The stock has a market capitalization of $51.63 billion, a P/E ratio of -46.14 and a beta of 1.07.

About Snowflake

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.