CTC Adds $1M in Snowflake Inc. ($SNOW)
Key Points
- CTC changed its Snowflake Inc. ($SNOW) stake by 226.4% last quarter, boosting to 8,529 shares worth $2.02 million.
- Wall Street's consensus rating on $SNOW is Strong Buy and an average price target of $291.70.
- $SNOW last traded around $236.96.
CTC increased its position in Snowflake Inc. ($SNOW) by 226.4% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,529 shares of Snowflake Inc. after buying 5,916 shares during the quarter. CTC's holdings in Snowflake Inc. were worth $2.02 million as of its most recent filing.
Snowflake Inc. ($SNOW) Stock
Snowflake Inc. Earnings
Analysts Set New Price Targets
About Snowflake Inc.
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. The company's platform includes artificial intelligence (AI) Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products, as well as applies AI for solving business problems. It serves financial services, advertising, media and entertainment, retail and consumer goods, healthcare and life sciences, manufacturing, technology, telecom, travel and hospitality, and government and defense industries, as well as the public sector. the company has a collaboration with OpenAI, L.L.C. for the development of AI solutions for joint enterprise customers that deliver tangible return on investment. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Menlo Park, California.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.