BlackRock reports 5.02% Snowflake (SNOW) stake: 17,032,444 shares
BlackRock, Inc. filed a Schedule 13G reporting beneficial ownership of 17,032,444 Snowflake (Class A) shares, representing 5.02% of the class as of the event date.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BlackRock, Inc. filed a Schedule 13G reporting beneficial ownership of 17,032,444 Snowflake (Class A) shares, representing 5.02% of the class as of the event date. BlackRock reports sole voting power over 15,080,351 shares and sole dispositive power over 17,032,444 shares, with no shared voting or dispositive power.
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The reporting person is classified as a parent holding company (HC).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Snowflake (SNOW) did BlackRock report?
What are BlackRock's voting and dispositive powers in SNOW?
What is the event date for BlackRock's SNOW Schedule 13G?
How is BlackRock classified in the Schedule 13G for SNOW?
Does BlackRock intend to influence control at Snowflake (SNOW)?
What is the CUSIP for Snowflake’s Class A stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.