DJE Kapital AG Buys Shares of 3,100 Spotify Technology $SPOT

DJE Kapital AG bought a new stake in shares of Spotify Technology (NYSE:SPOT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,100 shares of the company’s stock, valued at approximately $1,810,000.

Other hedge funds have also made changes to their positions in the company. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Spotify Technology during the third quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Spotify Technology during the fourth quarter valued at approximately $35,000. JPL Wealth Management LLC acquired a new position in shares of Spotify Technology during the third quarter valued at approximately $35,000. Kozak & Associates Inc. raised its holdings in shares of Spotify Technology by 1,700.0% during the fourth quarter. Kozak & Associates Inc. now owns 72 shares of the company’s stock valued at $39,000 after acquiring an additional 68 shares during the last quarter. Finally, Eastern Bank increased its holdings in shares of Spotify Technology by 110.5% in the fourth quarter. Eastern Bank now owns 80 shares of the company’s stock valued at $46,000 after purchasing an additional 42 shares during the last quarter. Institutional investors and hedge funds own 84.09% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on SPOT. Arete Research raised Spotify Technology from a “neutral” rating to a “buy” rating and set a $586.00 price target for the company in a report on Thursday, February 26th. Cantor Fitzgerald increased their price target on Spotify Technology from $430.00 to $520.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Benchmark cut their price target on Spotify Technology from $760.00 to $695.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. The Goldman Sachs Group cut their price target on Spotify Technology from $670.00 to $600.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Rosenblatt Securities increased their price target on Spotify Technology from $500.00 to $534.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Spotify Technology has a consensus rating of “Moderate Buy” and a consensus target price of $655.92.

Spotify Technology Stock Down 3.4%

SPOT opened at $486.06 on Friday. Spotify Technology has a 52 week low of $405.00 and a 52 week high of $785.00. The business has a fifty day simple moving average of $482.58 and a 200-day simple moving average of $511.09. The firm has a market cap of $100.07 billion, a P/E ratio of 38.73, a P/E/G ratio of 1.23 and a beta of 1.56.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings results on Tuesday, April 28th. The company reported $4.04 EPS for the quarter, topping the consensus estimate of $3.41 by $0.63. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.The business had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the business posted $1.07 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Sell-side analysts expect that Spotify Technology will post 14.72 earnings per share for the current year.

Insider Buying and Selling at Spotify Technology

In other news, Director Sven Hans Martin Lorentzon sold 35,380 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $525.73, for a total value of $18,600,327.40. Following the sale, the director directly owned 6,383 shares in the company, valued at approximately $3,355,734.59. This trade represents a 84.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Alex Norstrom sold 5,436 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $479.51, for a total value of $2,606,616.36. Following the completion of the sale, the chief executive officer owned 69,989 shares in the company, valued at approximately $33,560,425.39. The trade was a 7.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 111,442 shares of company stock valued at $54,647,508. Corporate insiders own 0.40% of the company’s stock.

Spotify Technology News Summary

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

• Positive Sentiment: Spotify’s Investor Day “North Star” outlook appears to have impressed investors, with the company signaling a clearer growth path and renewed confidence in its strategy. Spotify’s “North Star” Outlook Was Music to Investors Ears
• Positive Sentiment: Analysts remain constructive on SPOT, citing meaningful upside potential and a large majority of Buy ratings, which supports the case for longer-term gains. Analyst Remains Positive on Spotify (SPOT) Despite 14% Drop In 2026 So Far
• Neutral Sentiment: Recent coverage also said Spotify is not deliberately uploading AI artists or music, helping reduce confusion around that issue but not materially changing the investment story. No, Spotify isn’t deliberately uploading AI artists and music
• Negative Sentiment: Spotify is facing reputational pressure after reports that it removed more than 57,000 opioid-related podcasts, with criticism that it did not report the content to law enforcement sooner. Spotify quietly took down over 57,000 podcasts peddling opioids, a US senator says
• Negative Sentiment: Short-term trading has turned weaker, with SPOT slipping in the latest sessions and giving back some of the earlier post-Investor Day gains. Spotify (SPOT) Stock Slides as Market Rises: Facts to Know Before You Trade

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.