J.W. Cole Advisors Inc. Sells 1,645 Shares of Spotify Technology $SPOT

J.W. Cole Advisors Inc. lessened its stake in Spotify Technology (NYSE:SPOT) by 49.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,701 shares of the company’s stock after selling 1,645 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Spotify Technology were worth $1,187,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its position in shares of Spotify Technology by 1.7% during the 2nd quarter. State Street Corp now owns 4,574,228 shares of the company’s stock valued at $3,509,988,000 after acquiring an additional 74,256 shares during the last quarter. Fisher Asset Management LLC increased its position in Spotify Technology by 22.7% in the second quarter. Fisher Asset Management LLC now owns 2,489,013 shares of the company’s stock worth $1,909,920,000 after purchasing an additional 460,115 shares during the last quarter. Geode Capital Management LLC raised its stake in Spotify Technology by 3.3% during the second quarter. Geode Capital Management LLC now owns 1,568,502 shares of the company’s stock valued at $1,192,730,000 after purchasing an additional 49,377 shares in the last quarter. Invesco Ltd. lifted its position in Spotify Technology by 17.3% during the second quarter. Invesco Ltd. now owns 1,454,383 shares of the company’s stock valued at $1,116,007,000 after purchasing an additional 214,355 shares during the last quarter. Finally, Edgewood Management LLC lifted its position in Spotify Technology by 14.4% during the second quarter. Edgewood Management LLC now owns 1,249,791 shares of the company’s stock valued at $959,015,000 after purchasing an additional 157,567 shares during the last quarter. 84.09% of the stock is owned by hedge funds and other institutional investors.

Spotify Technology Trading Up 2.4%

NYSE SPOT opened at $422.57 on Monday. Spotify Technology has a 12 month low of $405.00 and a 12 month high of $785.00. The company’s 50-day moving average price is $544.79 and its 200-day moving average price is $627.98. The stock has a market cap of $87.00 billion, a PE ratio of 66.44, a PEG ratio of 0.81 and a beta of 1.66.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Rosenblatt Securities lowered their price target on shares of Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Benchmark decreased their price objective on Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. Erste Group Bank lowered Spotify Technology from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Spotify Technology in a report on Monday, December 29th. Finally, Pivotal Research cut their target price on Spotify Technology from $900.00 to $875.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $727.71.

Key Headlines Impacting Spotify Technology

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

• Positive Sentiment: Citi upgraded SPOT to Buy, citing accelerating price increases and faster buybacks as tangible catalysts for upside and better valuation support. Citi upgrades Spotify (SPOT) To Buy
• Positive Sentiment: Spotify announced a partnership with Bookshop.org to sell physical books through the app — a new commerce revenue channel that expands monetization beyond streaming and audiobooks. Spotify to let users buy physical books on app
• Positive Sentiment: Feature upgrades — global lyric translations, offline lyrics and “Page Match” for switching between book and audiobook reading — boost engagement and cross‑sell potential in Spotify’s content ecosystem. Product momentum supports long‑term ARPU upside if adoption scales. Spotify makes lyrics smarter
• Neutral Sentiment: Wall Street is parsing key Q4 metrics (user growth, average revenue per user, ad revenue) ahead of the earnings release — estimates guide expectations but outcomes remain binary around the print. Gear Up for Spotify Q4 Earnings
• Neutral Sentiment: Recent market weakness hit many richly valued names, dragging SPOT lower at times — a reminder that macro/momentum flows can move the stock independent of company fundamentals. Spotify Fell Along with Highly Valued Stocks
• Negative Sentiment: Zacks warns that despite expected Q4 EPS of ~$2.95 and ~14% revenue growth, Spotify’s history of earnings surprises and a comparatively rich valuation could temper upside if the quarter disappoints. Upcoming results are a key near‑term risk. Pre-Q4 Earnings: Should Spotify Stock be in Your Portfolio?

About Spotify Technology

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.