SEC Form SC 13G/A filed by Snowflake Inc. (Amendment)

12/12/22 5:00:39 PM ET

Computer Software: Prepackaged Software

Technology

Get the next $SNOW alert in real time by email

SC 13G/A 1 Snowflake.txt MS AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.5)* Snowflake Inc. ----------------------------------------------------- (Name of Issuer) Class A Common Stock ----------------------------------------------------- (Title of Class of Securities) 833445109 ----------------------------------------------------- (CUSIP Number) November 30, 2022 ----------------------------------------------------- (Date Of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-06) CUSIP No.833445109 13G Page 2 of 5 Pages -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: Morgan Stanley I.R.S. # 36-3145972 -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3. SEC USE ONLY: -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware. -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER: SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER: EACH 12,621,561 REPORTING -------------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER: WITH: 0 -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER: 14,262,468 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 14,262,468 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 4.4% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON: HC, CO -------------------------------------------------------------------------------- CUSIP No.833445109 13G Page 3 of 5 Pages -------------------------------------------------------------------------------- Item 1. (a) Name of Issuer: Snowflake Inc. -------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices: 106 EAST BABCOCK STREET SUITE 3A BOZEMAN MT 59715 UNITED STATES OF AMERICA -------------------------------------------------------------- Item 2. (a) Name of Person Filing: (1) Morgan Stanley -------------------------------------------------------------- (b) Address of Principal Business Office, or if None, Residence: (1) 1585 Broadway New York, NY 10036 -------------------------------------------------------------- (c) Citizenship: (1) Delaware. -------------------------------------------------------------- (d) Title of Class of Securities: Class A Common Stock -------------------------------------------------------------- (e) CUSIP Number: 833445109 -------------------------------------------------------------- Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with Sections 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [x] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] A non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J); (k) [ ] Group, in accordance with sections 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with sections 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Not Applicable CUSIP No.833445109 13G Page 4 of 5 Pages -------------------------------------------------------------------------------- Item 4. Ownership as of November 30, 2022.* (a) Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s). (b) Percent of Class: See the response(s) to Item 11 on the attached cover page(s). (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s). (ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s). (iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s). (iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s). Item 5. Ownership of Five Percent or Less of a Class. (1) As of the date hereof, Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class of securities. Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. (1) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release. CUSIP No.833445109 13G Page 5 of 5 Pages -------------------------------------------------------------------------------- Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: December 12, 2022 Signature: /s/ Christopher O'Hara -------------------------------------------------------------------- Name/Title: Christopher O'Hara/Authorized Signatory, Morgan Stanley -------------------------------------------------------------------- MORGAN STANLEY

Get the next $SNOW alert in real time by email

Recent Analyst Ratings for

$SNOW

Date	Price Target	Rating	Analyst
2/26/2026	$275.00 → $282.00	Buy	Monness Crespi & Hardt
1/12/2026	$250.00	Buy	Goldman
1/12/2026	$250.00	Overweight → Equal Weight	Barclays
1/8/2026		Hold → Buy	Argus
12/4/2025	$260.00 → $275.00	Buy	Monness Crespi & Hardt
10/1/2025	$275.00	Overweight	Wells Fargo
8/28/2025	$245.00 → $260.00	Buy	Monness Crespi & Hardt
8/20/2025	$240.00	Neutral → Buy	BofA Securities

More analyst ratings

SEC Form SC 13G/A filed by Snowflake Inc. (Amendment)

12/12/22 5:00:39 PM ET

$SNOW

Computer Software: Prepackaged Software

Technology

Get the next $SNOW alert in real time by email

Recent Analyst Ratings for

$SNOW

Date	Price Target	Rating	Analyst
2/26/2026	$275.00 → $282.00	Buy	Monness Crespi & Hardt
1/12/2026	$250.00	Buy	Goldman
1/12/2026	$250.00	Overweight → Equal Weight	Barclays
1/8/2026		Hold → Buy	Argus
12/4/2025	$260.00 → $275.00	Buy	Monness Crespi & Hardt
10/1/2025	$275.00	Overweight	Wells Fargo
8/28/2025	$245.00 → $260.00	Buy	Monness Crespi & Hardt
8/20/2025	$240.00	Neutral → Buy	BofA Securities

More analyst ratings

SEC Form SC 13G/A filed by Snowflake Inc. (Amendment)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$SNOW

SEC Form SC 13G/A filed by Snowflake Inc. (Amendment)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$SNOW

$SNOW
Analyst Ratings

Monness Crespi & Hardt reiterated coverage on Snowflake with a new price target

Goldman resumed coverage on Snowflake with a new price target

Snowflake downgraded by Barclays with a new price target

$SNOW
Press Releases

Snowflake Launches Project SnowWork, Bringing Outcome-Driven AI to Every Business User

RESAAS Appoints Michael Dziekan as Director of Data Strategy

Snowflake Research Reveals 85% of Healthcare Leaders View Interoperability as Foundational to Scaling AI

$SNOW
Insider Trading

SEC Form 4 filed by Slootman Frank

SEC Form 4 filed by Raghunathan Vivek

SEC Form 4 filed by Ho Emily

$SNOW
Insider Purchases

Director Speiser Michael L bought $9,989,012 worth of shares (76,200 units at $131.09) (SEC Form 4)

Ramaswamy Sridhar bought $5,000,038 worth of shares (31,542 units at $158.52) (SEC Form 4)

Mclaughlin Mark D bought $501,313 worth of shares (3,030 units at $165.45), increasing direct ownership by 35% to 11,687 units (SEC Form 4)

$SNOW
SEC Filings

SEC Form S-8 filed by Snowflake Inc.

SEC Form 10-K filed by Snowflake Inc.

SEC Form 144 filed by Snowflake Inc.

$SNOW
Leadership Updates

RESAAS Appoints Michael Dziekan as Director of Data Strategy

Snowflake Intelligence Brings Agentic AI to the Enterprise

USA Bobsled/Skeleton Taps Snowflake Intelligence to Redefine Speed and Precision on Ice

$SNOW
Financials

Snowflake Reports Financial Results for the Fourth Quarter and Full-Year of Fiscal 2026

Snowflake to Announce Financial Results for the Fourth Quarter and Full Year of Fiscal 2026 on February 25, 2026

Snowflake Reports Financial Results for the Third Quarter of Fiscal 2026

$SNOW
Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Snowflake Inc.

Amendment: SEC Form SC 13G/A filed by Snowflake Inc.