Spotify Technology $SPOT Shares Sold by US Bancorp DE

US Bancorp DE decreased its holdings in Spotify Technology (NYSE:SPOT) by 5.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 47,182 shares of the company’s stock after selling 2,466 shares during the period. US Bancorp DE’s holdings in Spotify Technology were worth $32,933,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Knuff & Co LLC acquired a new position in Spotify Technology in the 2nd quarter worth $27,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Spotify Technology in the 3rd quarter valued at about $27,000. Greykasell Wealth Strategies Inc. lifted its holdings in shares of Spotify Technology by 3,800.0% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock worth $27,000 after purchasing an additional 38 shares during the last quarter. Total Investment Management Inc. bought a new position in Spotify Technology in the 2nd quarter worth about $29,000. Finally, Westfuller Advisors LLC acquired a new stake in Spotify Technology in the 3rd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 84.09% of the company’s stock.

Key Headlines Impacting Spotify Technology

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

• Positive Sentiment: Spotify is rolling out AI-powered Prompted Playlists (beta) and other personalization tools for Premium users — moves that can lift engagement, retention and ARPU if adoption scales. Spotify AI Tools And Curation Push Test Premium Engagement And Value
• Positive Sentiment: A research upgrade to Buy with a $586 price target (Arete Research) increases near-term upside expectations and likely contributed to buying interest. Finviz
• Positive Sentiment: Coverage noting improving profitability and “margin durability” helped spur further gains — analyst commentary on margin upside reinforces the narrative from Spotify’s recent strong quarterly beat. Spotify jumps as bullish analyst upgrade highlights margin upside
• Positive Sentiment: Product-level UX improvements like Smart Reorder (playlist sequencing) are live for users — small product upgrades that can incrementally increase time spent and perceived value of Premium. Give your Spotify playlist a mixologist with Smart Reorder
• Positive Sentiment: Recent quarterly results (strong EPS beat and margin improvement) remain a positive backdrop supporting upgrades and investor confidence in operating leverage.
• Neutral Sentiment: Spotify is expanding further into books/audiobooks — a diversification that could increase content revenue over time but is early-stage for material financial impact. Spotify continues its march into the book world
• Neutral Sentiment: Sector pieces reiterate streaming tailwinds from ads, subscriptions and AI personalization — supportive macro context but not SPOT-specific catalysts. Must-Track Streaming Stocks in the Evolving Media Landscape
• Negative Sentiment: Some odd publicity (a $495 “musical urn” product story) creates noise around brand messaging; not material to fundamentals but could distract from core narrative. Spend your afterlife inside Spotify’s latest device, a $495 musical urn
• Negative Sentiment: Guggenheim published a pessimistic near-term forecast for SPOT, which could limit upside for more conservative investors and weigh on sentiment if echoed by others. Guggenheim Issues Pessimistic Forecast for Spotify Technology (NYSE:SPOT) Stock Price

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. UBS Group dropped their target price on Spotify Technology from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, January 9th. Erste Group Bank lowered Spotify Technology from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Rosenblatt Securities decreased their target price on shares of Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. KeyCorp cut their price target on shares of Spotify Technology from $830.00 to $720.00 and set an “overweight” rating on the stock in a report on Monday, February 9th. Finally, The Goldman Sachs Group upgraded Spotify Technology from a “neutral” rating to a “buy” rating and lowered their price target for the company from $735.00 to $700.00 in a report on Friday, January 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Spotify Technology currently has an average rating of “Moderate Buy” and an average target price of $698.91.

Spotify Technology Stock Up 3.7%

NYSE SPOT opened at $514.02 on Friday. The firm has a market cap of $105.80 billion, a P/E ratio of 53.32, a price-to-earnings-growth ratio of 1.08 and a beta of 1.66. The company’s 50 day moving average is $512.60 and its 200-day moving average is $608.20. Spotify Technology has a 12-month low of $405.00 and a 12-month high of $785.00.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $2.00. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.14 billion. During the same period in the prior year, the firm posted $1.88 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Equities analysts expect 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.