Spotify Technology $SPOT Shares Sold by TIAA Trust National Association

TIAA Trust National Association cut its position in shares of Spotify Technology (NYSE:SPOT) by 16.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 21,164 shares of the company’s stock after selling 4,303 shares during the period. TIAA Trust National Association’s holdings in Spotify Technology were worth $14,772,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Banco Santander S.A. raised its stake in shares of Spotify Technology by 22.7% during the 3rd quarter. Banco Santander S.A. now owns 572 shares of the company’s stock worth $399,000 after buying an additional 106 shares during the last quarter. Artisan Partners Limited Partnership increased its holdings in Spotify Technology by 45.9% during the 3rd quarter. Artisan Partners Limited Partnership now owns 940,457 shares of the company’s stock valued at $656,439,000 after acquiring an additional 295,854 shares in the last quarter. Xponance Inc. increased its holdings in Spotify Technology by 3.5% during the 3rd quarter. Xponance Inc. now owns 23,494 shares of the company’s stock valued at $16,399,000 after acquiring an additional 804 shares in the last quarter. Integrated Advisors Network LLC raised its position in Spotify Technology by 5.7% during the third quarter. Integrated Advisors Network LLC now owns 3,387 shares of the company’s stock worth $2,364,000 after acquiring an additional 183 shares during the last quarter. Finally, DNB Asset Management AS lifted its holdings in shares of Spotify Technology by 3.8% in the third quarter. DNB Asset Management AS now owns 40,363 shares of the company’s stock valued at $28,173,000 after purchasing an additional 1,473 shares in the last quarter. Institutional investors and hedge funds own 84.09% of the company’s stock.

Spotify Technology News Summary

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

Spotify Technology Stock Performance

Shares of SPOT stock opened at $514.02 on Friday. The firm has a market capitalization of $105.80 billion, a price-to-earnings ratio of 53.32, a price-to-earnings-growth ratio of 1.08 and a beta of 1.66. Spotify Technology has a one year low of $405.00 and a one year high of $785.00. The company has a 50 day moving average price of $512.60 and a 200 day moving average price of $608.20.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $2.00. The company had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.14 billion. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.88 EPS. As a group, equities analysts forecast that Spotify Technology will post 10.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SPOT. Rosenblatt Securities dropped their price objective 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. Cantor Fitzgerald reduced their price objective on Spotify Technology from $615.00 to $525.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Phillip Securities upgraded Spotify Technology from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 10th. KeyCorp reduced their target price 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, Pivotal Research cut shares of Spotify Technology from a “buy” rating to a “hold” rating and decreased their price target for the stock from $875.00 to $420.00 in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Spotify Technology currently has an average rating of “Moderate Buy” and a consensus price target of $698.91.

Spotify Technology 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.