Entropy Technologies LP Acquires New Shares in Spotify Technology $SPOT

Entropy Technologies LP acquired a new stake in Spotify Technology (NYSE:SPOT) during the fourth quarter, Holdings Channel reports. The fund acquired 11,020 shares of the company’s stock, valued at approximately $6,399,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Quadcap Wealth Management LLC lifted its holdings in Spotify Technology by 5.7% in the third quarter. Quadcap Wealth Management LLC now owns 295 shares of the company’s stock valued at $206,000 after acquiring an additional 16 shares during the last quarter. Sagespring Wealth Partners LLC lifted its holdings in Spotify Technology by 2.9% in the fourth quarter. Sagespring Wealth Partners LLC now owns 636 shares of the company’s stock valued at $370,000 after acquiring an additional 18 shares during the last quarter. Ameritas Advisory Services LLC lifted its holdings in Spotify Technology by 7.9% in the third quarter. Ameritas Advisory Services LLC now owns 260 shares of the company’s stock valued at $181,000 after acquiring an additional 19 shares during the last quarter. Aprio Wealth Management LLC lifted its holdings in Spotify Technology by 3.1% in the third quarter. Aprio Wealth Management LLC now owns 633 shares of the company’s stock valued at $442,000 after acquiring an additional 19 shares during the last quarter. Finally, Petra Financial Advisors Inc. lifted its holdings in Spotify Technology by 1.2% in the third quarter. Petra Financial Advisors Inc. now owns 1,639 shares of the company’s stock valued at $1,144,000 after acquiring an additional 20 shares during the last quarter. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Spotify Technology

In other news, CEO Gustav Soderstrom sold 20,833 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $496.52, for a total transaction of $10,344,001.16. Following the sale, the chief executive officer owned 20,376 shares of the company’s stock, valued at approximately $10,117,091.52. This represents a 50.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Christopher P. Marshall sold 2,650 shares of the company’s 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 sale, the director directly owned 4,039 shares in the company, valued at $2,099,714.54. This represents a 39.62% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 111,442 shares of company stock valued at $54,647,508. Insiders own 0.40% of the company’s stock.

Trending Headlines about Spotify Technology

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 Stock Down 1.1%

Shares of NYSE SPOT opened at $480.77 on Friday. The firm has a market cap of $98.98 billion, a price-to-earnings ratio of 38.31, a PEG ratio of 1.18 and a beta of 1.56. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $785.00. The business’s 50 day moving average is $482.76 and its two-hundred day moving average is $510.88.

Spotify Technology (NYSE:SPOT) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $4.04 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $5.23 billion. During the same quarter in the prior year, the company earned $1.07 earnings per share. The company’s revenue was up 8.2% on a year-over-year basis. Analysts anticipate that Spotify Technology will post 14.71 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on SPOT shares. Pivotal Research cut their target price on Spotify Technology from $420.00 to $400.00 and set a “hold” rating on the stock in a research report on Wednesday, April 29th. 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. Daiwa Securities Group started coverage on Spotify Technology in a research report on Thursday, March 26th. They issued an “outperform” rating and a $535.00 target price on the stock. Weiss Ratings raised Spotify Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $655.92.

Spotify Technology 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.