Spotify Technology $SPOT Holdings Lifted by Choreo LLC

Choreo LLC raised its position in Spotify Technology (NYSE:SPOT) by 19.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,218 shares of the company’s stock after purchasing an additional 1,689 shares during the quarter. Choreo LLC’s holdings in Spotify Technology were worth $4,980,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Janus Henderson Group PLC increased its holdings in shares of Spotify Technology by 20.1% during the first quarter. Janus Henderson Group PLC now owns 1,711,015 shares of the company’s stock valued at $829,641,000 after purchasing an additional 286,844 shares during the period. Tiger Global Management LLC lifted its holdings in Spotify Technology by 25.3% in the first quarter. Tiger Global Management LLC now owns 1,580,761 shares of the company’s stock worth $766,527,000 after purchasing an additional 319,300 shares during the period. Amundi lifted its holdings in Spotify Technology by 20.0% in the first quarter. Amundi now owns 1,104,484 shares of the company’s stock worth $535,575,000 after purchasing an additional 183,994 shares during the period. Principal Financial Group Inc. grew its position in Spotify Technology by 53.4% in the 1st quarter. Principal Financial Group Inc. now owns 989,667 shares of the company’s stock valued at $479,899,000 after buying an additional 344,471 shares in the last quarter. Finally, Sei Investments Co. grew its position in Spotify Technology by 1.8% in the 1st quarter. Sei Investments Co. now owns 749,495 shares of the company’s stock valued at $363,415,000 after buying an additional 13,381 shares in the last quarter. Institutional investors own 84.09% of the company’s stock.

More Spotify Technology News

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

• Positive Sentiment: Paid AI remix service could create a new revenue stream. Spotify reportedly plans to launch an AI-powered service in the first quarter of 2027 that would allow subscribers to create personalized remixes and cover versions of existing songs. The company is considering an additional charge of approximately $4 to $5 per month, potentially increasing average revenue per user and improving the economics of its AI investments. Spotify Gains 6% on Early 2027 AI Remix Launch Plan and Price Hikes
• Positive Sentiment: Investors are rewarding a monetization strategy while the market penalizes costly AI initiatives. The reported subscription add-on gives Spotify a clearer path to generating revenue from AI capabilities, easing concerns that the technology could simply raise expenses or threaten the company’s existing music business. Spotify Climbs on Report of Paid AI Remix Service
• Positive Sentiment: An analyst raised Spotify’s fiscal 2026 EPS estimate, providing an additional favorable signal for earnings expectations. FY2026 EPS Estimate for Spotify Technology Raised by Analyst
• Neutral Sentiment: The AI launch remains a report rather than a finalized product announcement. Its financial impact will depend on pricing, subscriber adoption, licensing arrangements and the company’s ability to address copyright concerns involving AI-generated music. Spotify Targets 2027 Launch AI Remix Service
• Negative Sentiment: Phillip Securities downgraded Spotify to “Moderate Buy,” indicating less conviction in the stock’s near-term upside despite the positive AI news. Spotify Technology Cut to Moderate Buy

Insiders Place Their Bets

In other Spotify Technology news, CEO Alex Norström sold 5,436 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $502.10, for a total value of $2,729,415.60. Following the completion of the sale, the chief executive officer owned 66,773 shares of the company’s stock, valued at $33,526,723.30. The trade was a 7.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gustav Söderström sold 20,910 shares of the company’s stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $530.13, for a total value of $11,085,018.30. Following the sale, the chief executive officer owned 19,908 shares of the company’s stock, valued at approximately $10,553,828.04. This trade represents a 51.23% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 68,092 shares of company stock valued at $35,762,410 over the last quarter. 0.40% of the stock is currently owned by corporate insiders.

Spotify Technology Trading Up 6.8%

Shares of NYSE SPOT opened at $595.20 on Friday. The firm has a market capitalization of $122.54 billion, a PE ratio of 39.46, a PEG ratio of 1.72 and a beta of 1.61. The business has a 50-day moving average price of $530.67 and a two-hundred day moving average price of $498.22. Spotify Technology has a one year low of $405.00 and a one year high of $668.49.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $2.81 EPS for the quarter, missing the consensus estimate of $3.18 by ($0.37). The firm had revenue of $5.63 billion during the quarter, compared to the consensus estimate of $5.64 billion. Spotify Technology had a net margin of 15.74% and a return on equity of 35.64%. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.28 EPS. Research analysts anticipate that Spotify Technology will post 13.74 EPS for the current year.

Wall Street Analyst Weigh In

SPOT has been the topic of a number of recent analyst reports. Guggenheim boosted their price target on shares of Spotify Technology from $575.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, October 23rd. Phillip Securities cut shares of Spotify Technology from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, October 26th. Zacks Research lowered shares of Spotify Technology from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 22nd. UBS Group dropped their target price on Spotify Technology from $690.00 to $675.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Finally, Piper Sandler restated a “neutral” rating and issued a $580.00 target price (up from $540.00) on shares of Spotify Technology in a research report on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $620.07.

Spotify Technology Profile

Spotify Technology SA is an audio streaming company that operates the Spotify platform, offering users access to music, podcasts and audiobooks through internet-connected devices. Its catalog includes licensed recordings from music labels and artists, as well as podcasts and other audio content from creators and publishers.

Spotify provides both an ad-supported service and subscription-based Premium plans. Premium subscribers generally receive ad-free listening and additional features, while the advertising-supported service allows users to access content without a paid subscription.