Lbp Am Sa Has $44.57 Million Position in Spotify Technology $SPOT

Lbp Am Sa decreased its position in shares of Spotify Technology (NYSE:SPOT) by 17.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,859 shares of the company’s stock after selling 13,245 shares during the quarter. Lbp Am Sa’s holdings in Spotify Technology were worth $44,574,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Helios Capital Management PTE. Ltd. lifted its position in Spotify Technology by 56.3% in the 3rd quarter. Helios Capital Management PTE. Ltd. now owns 7,500 shares of the company’s stock valued at $5,235,000 after acquiring an additional 2,700 shares in the last quarter. Generali Asset Management SPA SGR lifted its holdings in shares of Spotify Technology by 30.9% in the third quarter. Generali Asset Management SPA SGR now owns 68,023 shares of the company’s stock valued at $46,692,000 after purchasing an additional 16,054 shares in the last quarter. Cynosure Group LLC bought a new position in shares of Spotify Technology during the third quarter worth about $2,862,000. Commonwealth Equity Services LLC boosted its position in Spotify Technology by 12.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 18,676 shares of the company’s stock worth $13,036,000 after acquiring an additional 2,032 shares during the last quarter. Finally, Elite Wealth Management Inc. acquired a new position in Spotify Technology during the 3rd quarter worth approximately $3,179,000. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Key Spotify Technology News

Here are the key news stories impacting Spotify Technology this week:

• Positive Sentiment: Goldman Sachs upgraded SPOT to Buy with a $700 price target, calling the recent selloff an attractive entry point ahead of results; that upgrade is a primary driver of the rally. Spotify Stock Rises After Buy Upgrade. Why Goldman Is Singing Its Praises.
• Positive Sentiment: Spotify rolled out an AI-driven “prompted playlist” for U.S. and Canadian Premium users that customizes playlists from natural-language prompts — a product improvement that may boost engagement and retention. Spotify launches AI-driven ‘prompted playlist’ for premium users in US, Canada
• Positive Sentiment: Spotify is also deploying other AI playlist tools and personalization features across markets — incremental product wins that support higher user engagement and upsell potential. Spotify Rolls Out AI-Driven Playlist Generator for U.S. and Canadian Premium Users
• Positive Sentiment: Reports that Spotify may let users sync audiobooks with physical books indicate new product expansion into audiobooks/reading-adjacent features — potential longer-term revenue diversification. Spotify might soon let you sync audiobooks with real books
• Neutral Sentiment: Tech press highlights how Spotify’s new playlist features differ from Apple Music — useful competitive context but not an immediate earnings driver. Spotify’s newest playlist feature is unlike anything on Apple Music
• Negative Sentiment: Analysts and commentators warn U.S. price hikes for Premium could test growth and raise churn risk, which is a near-term headwind for subscriber-led revenue. Spotify (SPOT) Valuation Check As New Premium Price Hikes Test Growth And Churn Concerns
• Negative Sentiment: Barclays issued a pessimistic forecast for SPOT, adding downside pressure and reminding investors valuation and execution risk remain. Barclays Issues Pessimistic Forecast for Spotify Technology (NYSE:SPOT) Stock Price
• Negative Sentiment: Commentators including Jim Cramer have flagged Spotify’s high P/E as a drag on the stock — valuation sensitivity means sentiment shifts can move the shares sharply. Jim Cramer says high price-to-earnings multiples are hurting Spotify stock

Wall Street Analyst Weigh In

Several brokerages have issued reports on SPOT. Pivotal Research lowered their price target on shares of Spotify Technology from $900.00 to $875.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. UBS Group cut their price objective on Spotify Technology from $850.00 to $800.00 and set a “buy” rating for the company in a report on Friday, January 9th. Citizens Jmp started coverage on shares of Spotify Technology in a research report on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 price target on the stock. Erste Group Bank downgraded shares of Spotify Technology from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of Spotify Technology from $740.00 to $805.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $739.07.

Spotify Technology Trading Up 2.8%

NYSE:SPOT opened at $512.45 on Monday. Spotify Technology has a 1-year low of $475.01 and a 1-year high of $785.00. The stock has a market cap of $105.51 billion, a P/E ratio of 80.57, a PEG ratio of 0.97 and a beta of 1.66. The stock has a 50 day simple moving average of $569.50 and a 200 day simple moving average of $643.67.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings results on Tuesday, November 4th. The company reported $3.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $1.96. The company had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $4.23 billion. Spotify Technology had a net margin of 8.46% and a return on equity of 21.68%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.45 earnings per share. As a group, sell-side analysts forecast that Spotify Technology will post 10.3 EPS for the current year.

Spotify Technology Company Profile

Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams.