Swiss National Bank Has $260.18 Million Stock Holdings in Spotify Technology $SPOT

Swiss National Bank trimmed its position in shares of Spotify Technology (NYSE:SPOT) by 2.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 448,040 shares of the company’s stock after selling 8,960 shares during the period. Swiss National Bank’s holdings in Spotify Technology were worth $260,181,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Spotify Technology during the 3rd quarter valued at about $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Spotify Technology during the 4th quarter worth $35,000. JPL Wealth Management LLC acquired a new position in shares of Spotify Technology during the 3rd quarter worth $35,000. Kozak & Associates Inc. increased its stake in shares of Spotify Technology by 1,700.0% during the 4th quarter. Kozak & Associates Inc. now owns 72 shares of the company’s stock worth $39,000 after purchasing an additional 68 shares during the last quarter. Finally, Eastern Bank increased its stake in shares of Spotify Technology by 110.5% during the 4th quarter. Eastern Bank now owns 80 shares of the company’s stock worth $46,000 after purchasing an additional 42 shares during the last quarter. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SPOT has been the topic of several analyst reports. UBS Group dropped their price target on shares of Spotify Technology from $760.00 to $735.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. The Goldman Sachs Group lowered their target price on shares of Spotify Technology from $670.00 to $600.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Barclays increased their target price on shares of Spotify Technology from $500.00 to $565.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. Morgan Stanley increased their target price on shares of Spotify Technology from $590.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. Finally, Wells Fargo & Company increased their target price on shares of Spotify Technology from $580.00 to $600.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Spotify Technology presently has an average rating of “Moderate Buy” and a consensus price target of $655.92.

Trending Headlines about Spotify Technology

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

Spotify Technology Trading Down 3.4%

Shares of Spotify Technology stock opened at $486.06 on Friday. The firm has a fifty day simple moving average of $482.58 and a 200-day simple moving average of $511.09. Spotify Technology has a 1-year low of $405.00 and a 1-year high of $785.00. The stock has a market capitalization of $100.07 billion, a price-to-earnings ratio of 38.73, a PEG ratio of 1.23 and a beta of 1.56.

Spotify Technology (NYSE:SPOT) last issued 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 net margin of 15.56% and a return on equity of 35.73%. The business had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the previous year, the company earned $1.07 earnings per share. Spotify Technology’s revenue for the quarter was up 8.2% on a year-over-year basis. As a group, research analysts predict that Spotify Technology will post 14.72 earnings per share for the current year.

Insiders Place Their Bets

In other Spotify Technology news, Director Thomas O. Staggs sold 5,477 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $526.00, for a total value of $2,880,902.00. Following the sale, the director owned 3,619 shares of the company’s stock, valued at $1,903,594. This trade represents a 60.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Christopher P. Marshall sold 2,650 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $519.86, for a total value of $1,377,629.00. Following the completion of the sale, the director directly owned 4,039 shares in the company, valued at $2,099,714.54. This trade represents a 39.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 111,442 shares of company stock valued at $54,647,508 in the last three months. Company insiders own 0.40% of the company’s stock.

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.