1,027 Spotify Technology $SPOT Shares Bought by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC increased its position in shares of Spotify Technology (NYSE:SPOT) by 110.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,961 shares of the company’s stock after acquiring an additional 1,027 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Spotify Technology were worth $956,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SPOT. Moneco Advisors LLC acquired a new stake in Spotify Technology during the 3rd quarter worth approximately $200,000. Keybank National Association OH grew its holdings in Spotify Technology by 12.3% during the 3rd quarter. Keybank National Association OH now owns 64,467 shares of the company’s stock worth $31,420,000 after acquiring an additional 7,073 shares during the last quarter. Nemes Rush Group LLC increased its position in Spotify Technology by 1.7% in the 3rd quarter. Nemes Rush Group LLC now owns 3,268 shares of the company’s stock valued at $1,593,000 after acquiring an additional 54 shares during the period. Fairscale Capital LLC increased its position in Spotify Technology by 35.2% in the 3rd quarter. Fairscale Capital LLC now owns 73 shares of the company’s stock valued at $36,000 after acquiring an additional 19 shares during the period. Finally, AlphaCore Capital LLC increased its position in Spotify Technology by 67.3% in the 3rd quarter. AlphaCore Capital LLC now owns 1,106 shares of the company’s stock valued at $539,000 after acquiring an additional 445 shares during the period. Institutional investors and hedge funds own 84.09% of the company’s stock.

Spotify Technology Stock Performance

NYSE:SPOT opened at $598.29 on Friday. Spotify Technology has a fifty-two week low of $405.00 and a fifty-two week high of $668.49. The company has a 50 day simple moving average of $541.90 and a two-hundred day simple moving average of $502.45. The company has a market capitalization of $123.18 billion, a PE ratio of 39.66, a P/E/G ratio of 1.90 and a beta of 1.49.

Spotify Technology (NYSE:SPOT) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $2.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.18 by ($0.37). Spotify Technology had a return on equity of 35.64% and a net margin of 15.74%. The firm had revenue of $5.63 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the firm posted $3.28 EPS. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. Research analysts predict that Spotify Technology will post 13.60 EPS for the current year.

Spotify Technology News Roundup

Here’s some of the latest news about SPOT:

• Positive Sentiment: Spotify launched audiobooks in India, including Hindi and regional-language titles, with a plan priced at ₹199 per month for 15 hours of listening. The move broadens its offerings and could help attract subscribers and deepen engagement in a large market. Article
• Positive Sentiment: A Motley Fool article included Spotify among growth companies it believes could outperform over the next decade, citing continued business expansion and above-average revenue growth despite a decline in the shares during 2026. This is a long-term opinion rather than a new company announcement. Article
• Neutral Sentiment: Zacks coverage noted increased investor attention to SPOT but did not identify a new company development or specific change to its outlook. Article

Insiders Place Their Bets

In related news, CEO Gustav Söderström sold 20,913 shares of Spotify Technology stock in a transaction on Monday, September 14th. The shares were sold at an average price of $544.19, for a total transaction of $11,380,645.47. Following the completion of the transaction, the chief executive officer owned 20,025 shares of the company’s stock, valued at $10,897,404.75. This trade represents a 51.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SPOT. Rosenblatt Securities reaffirmed a “neutral” rating and set a $527.00 price target on shares of Spotify Technology in a research note on Tuesday, October 20th. Oppenheimer boosted their price objective on shares of Spotify Technology from $550.00 to $650.00 and gave the stock an “outperform” rating in a research note on Friday, October 23rd. Piper Sandler restated a “neutral” rating and issued a $580.00 price objective (up from $540.00) on shares of Spotify Technology in a report on Friday, October 23rd. Phillip Securities lowered Spotify Technology from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, October 26th. Finally, Benchmark cut their target price on Spotify Technology from $695.00 to $650.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. Twenty-three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Spotify Technology currently has an average rating of “Moderate Buy” and an average target price of $620.07.

Spotify Technology Profile

Spotify Technology operates a digital audio streaming platform offering music, podcasts and audiobooks. Listeners can use the service through a free, advertising-supported option or paid subscriptions, with features for discovering, organizing and sharing audio content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon, Spotify launched its streaming service in 2008. The company serves listeners and creators in markets around the world and provides tools and services for artists, podcasters, authors and other content partners.