Warren Buffett acquired 6.13 Million Snowflake shares worth $1.15 Billion. That's 0.34% of their equity portfolio (21st largest holding). The investor owns 1.85% of the outstanding Snowflake stock. Warren Buffett acquired their 6.13 Million shares in Q3 2020. So far they never sold any shares in the company. The investor's estimated purchase price is $1.46 Billion, resulting in a loss of 21%.
When Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) CEO Warren Buffett loads up on a stock, you might be tempted to do what he does. That’s understandable, ...
Investors can buy fast-growing Snowflake at a relatively cheaper price than when Berkshire bought it.
Certain Wall Street analysts see downside for Apple and Snowflake shareholders.
Snowflake shareholders could make some quick money if this Wall Street analyst is right.