Rokos Capital Management LLP Grows Stake in Spotify Technology $SPOT

Rokos Capital Management LLP lifted its holdings in shares of Spotify Technology (NYSE:SPOT) by 106.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 90,446 shares of the company’s stock after buying an additional 46,555 shares during the period. Rokos Capital Management LLP’s holdings in Spotify Technology were worth $43,852,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SPOT. Emmett Investment Management LP raised its holdings in Spotify Technology by 3.6% during the first quarter. Emmett Investment Management LP now owns 15,143 shares of the company’s stock worth $7,117,000 after purchasing an additional 530 shares in the last quarter. Evelyn Partners Investment Management LLP lifted its position in shares of Spotify Technology by 8.2% during the 1st quarter. Evelyn Partners Investment Management LLP now owns 2,350 shares of the company’s stock worth $1,140,000 after buying an additional 179 shares during the last quarter. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of Spotify Technology in the 1st quarter valued at $248,000. Evercore Wealth Management LLC boosted its holdings in shares of Spotify Technology by 31,048.6% in the 1st quarter. Evercore Wealth Management LLC now owns 151,382 shares of the company’s stock valued at $73,407,000 after buying an additional 150,896 shares in the last quarter. Finally, Maverick Capital Ltd. purchased a new position in shares of Spotify Technology in the 1st quarter valued at $694,000. Hedge funds and other institutional investors own 84.09% of the company’s stock.

Spotify Technology News Roundup

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

• Positive Sentiment: KeyCorp maintained an “Overweight” rating and a $680 price target, well above Spotify’s recent trading level. The firm’s FY2026 and FY2027 EPS forecasts of $16.64 and $21.61, respectively, remain above the current-year consensus estimate of $14.51, suggesting expectations for continued earnings growth. KeyCorp Spotify analyst estimates
• Positive Sentiment: An investment analysis described Spotify as a potential “buy-the-dip” opportunity, citing robust monthly active-user and premium-subscriber growth, geographic diversification, and improving monetization. The thesis argues that the stock’s decline from its all-time high was not justified by underlying business fundamentals. Spotify buy-the-dip analysis
• Neutral Sentiment: Recent market coverage highlighted Spotify’s stronger trading performance versus the market, but provided limited information on a new company-specific catalyst. The stock’s move appears to reflect favorable sentiment rather than a material earnings or product announcement. Spotify rises higher than market
• Negative Sentiment: KeyCorp reduced its EPS forecasts across multiple periods: Q2 2026 to $3.78 from $3.82, Q3 to $4.03 from $4.24, Q4 to $4.92 from $5.06, FY2026 to $16.64 from $17.11, and FY2027 to $21.61 from $22.78. These cuts indicate somewhat lower near- and long-term earnings expectations, despite the firm retaining its bullish rating and price target. KeyCorp lowers Spotify earnings estimates

Insider Activity

In other Spotify Technology news, Director Christopher P. Marshall sold 2,650 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $519.86, for a total transaction of $1,377,629.00. Following the completion of the sale, the director directly owned 4,039 shares of the company’s stock, valued at approximately $2,099,714.54. This trade represents a 39.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas O. Staggs sold 5,477 shares of Spotify Technology stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $526.00, for a total value of $2,880,902.00. Following the completion of the transaction, the director owned 3,619 shares in the company, valued at $1,903,594. This trade represents a 60.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 111,442 shares of company stock worth $54,757,553 over the last quarter. 0.40% of the stock is owned by insiders.

Spotify Technology Stock Performance

Shares of SPOT opened at $495.05 on Tuesday. Spotify Technology has a fifty-two week low of $405.00 and a fifty-two week high of $748.30. The company has a market capitalization of $101.92 billion, a price-to-earnings ratio of 39.45, a price-to-earnings-growth ratio of 1.19 and a beta of 1.56. The firm has a 50-day simple moving average of $482.63 and a 200-day simple moving average of $487.08.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings results on Tuesday, April 28th. The company reported $4.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.41 by $0.63. The firm had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.23 billion. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company posted $1.07 earnings per share. Equities research analysts forecast that Spotify Technology will post 14.51 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on SPOT. Canaccord Genuity Group cut their price target on shares of Spotify Technology from $750.00 to $720.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Rosenblatt Securities decreased their price objective on shares of Spotify Technology from $534.00 to $531.00 and set a “neutral” rating for the company in a research note on Thursday, July 9th. Citizens Jmp raised their price objective on Spotify Technology from $600.00 to $625.00 and gave the stock a “market outperform” rating in a report on Friday, May 22nd. Morgan Stanley lifted their target price on Spotify Technology from $590.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. Finally, JPMorgan Chase & Co. boosted their target price on Spotify Technology from $600.00 to $650.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $630.70.

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.