Spotify Technology $SPOT Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Spotify Technology (NYSE:SPOT) by 1,382.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,247,182 shares of the company’s stock after purchasing an additional 1,163,045 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Spotify Technology were worth $724,251,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Polymer Capital Management HK LTD grew its holdings in Spotify Technology by 29.3% in the 4th quarter. Polymer Capital Management HK LTD now owns 2,695 shares of the company’s stock valued at $1,565,000 after buying an additional 611 shares during the period. Van Lanschot Kempen Investment Management N.V. boosted its holdings in Spotify Technology by 28.9% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 421,613 shares of the company’s stock worth $244,835,000 after acquiring an additional 94,614 shares during the period. Korea Investment CORP boosted its holdings in Spotify Technology by 1.4% in the 4th quarter. Korea Investment CORP now owns 175,802 shares of the company’s stock worth $102,090,000 after acquiring an additional 2,348 shares during the period. Banco Santander S.A. boosted its holdings in Spotify Technology by 118.5% in the 4th quarter. Banco Santander S.A. now owns 1,250 shares of the company’s stock worth $726,000 after acquiring an additional 678 shares during the period. Finally, Wealthspire Advisors LLC boosted its holdings in Spotify Technology by 27.4% in the 4th quarter. Wealthspire Advisors LLC now owns 991 shares of the company’s stock worth $576,000 after acquiring an additional 213 shares during the period. Hedge funds and other institutional investors own 84.09% of the company’s stock.

Insider Buying and Selling

In other news, CEO Alex Norstrom sold 5,436 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $479.51, for a total value of $2,606,616.36. Following the completion of the transaction, the chief executive officer owned 69,989 shares of the company’s stock, valued at approximately $33,560,425.39. This represents a 7.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Christopher P. Marshall sold 2,650 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $519.86, for a total value of $1,377,629.00. Following the completion of the transaction, the director directly owned 4,039 shares of the company’s stock, valued at approximately $2,099,714.54. The trade was a 39.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 111,442 shares of company stock valued at $54,647,508. Company insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on SPOT shares. Citizens Jmp upped their price target on Spotify Technology from $600.00 to $625.00 and gave the stock a “market outperform” rating in a report on Friday, May 22nd. JPMorgan Chase & Co. upped their price target on Spotify Technology from $600.00 to $650.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. UBS Group cut their target price on Spotify Technology from $760.00 to $735.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Canaccord Genuity Group cut their target price on Spotify Technology from $750.00 to $720.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Finally, Arete Research raised Spotify Technology from a “neutral” rating to a “buy” rating and set a $586.00 target price on the stock in a research report on Thursday, February 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $655.92.

Spotify Technology Price Performance

Shares of NYSE SPOT opened at $480.77 on Friday. Spotify Technology has a 1-year low of $405.00 and a 1-year high of $785.00. The business’s fifty day moving average price is $482.76 and its two-hundred day moving average price is $510.88. The firm has a market capitalization of $98.98 billion, a PE ratio of 38.31, a P/E/G ratio of 1.19 and a beta of 1.56.

Spotify Technology (NYSE:SPOT) last issued its earnings results on Tuesday, April 28th. The company reported $4.04 earnings per share 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 firm had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the company earned $1.07 earnings per share. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. Equities research analysts expect that Spotify Technology will post 14.71 earnings per share for the current fiscal year.

Spotify Technology News Summary

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

• Positive Sentiment: Spotify’s Investor Day emphasized long-term growth targets focused on increasing subscriber conversion and strengthening its broader brand and AI-driven strategy, which investors viewed favorably. Spotify’s “North Star” Outlook Was Music to Investors Ears
• Positive Sentiment: Spotify also brought in a new head of PR and communications, signaling a stronger focus on reputation management and clearer messaging as it expands its content and AI initiatives. Will Spotify (SPOT) Elevate Its Brand Narrative As AI Strategy Deepens Under New PR Leadership?
• Neutral Sentiment: Spotify reversed its iPhone app icon change after user backlash, a small brand-related issue that is unlikely to materially affect fundamentals. Spotify reverts iPhone app icon to original after disco-ball backlash
• Negative Sentiment: Several analysts trimmed earnings estimates slightly, including Erste Group Bank lowering FY2026 and FY2027 EPS forecasts, which adds a modest headwind to sentiment. Spotify Technology (SPOT) analyst estimate updates
• Negative Sentiment: Recent trading has also reflected broader weakness, with SPOT sliding in the latest sessions even as the market rose, suggesting investors are still cautious after a strong run. Spotify (SPOT) Stock Slides as Market Rises: Facts to Know Before You Trade

Spotify Technology Company 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.