Spotify Technology $SPOT Shares Bought by Capital International Inc. CA

Capital International Inc. CA boosted its stake in shares of Spotify Technology (NYSE:SPOT) by 127.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,891 shares of the company’s stock after purchasing an additional 8,344 shares during the period. Capital International Inc. CA’s holdings in Spotify Technology were worth $10,394,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Knuff & Co LLC acquired a new stake in shares of Spotify Technology during the second quarter worth $27,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Spotify Technology in the 3rd quarter valued at $27,000. Greykasell Wealth Strategies Inc. increased its position in shares of Spotify Technology by 3,800.0% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock valued at $27,000 after acquiring an additional 38 shares during the period. Total Investment Management Inc. purchased a new position in Spotify Technology in the 2nd quarter worth $29,000. Finally, Westfuller Advisors LLC acquired a new stake in Spotify Technology during the 3rd quarter worth about $29,000. Institutional investors and hedge funds own 84.09% of the company’s stock.

Spotify Technology Trading Down 2.7%

Shares of NYSE:SPOT opened at $530.27 on Wednesday. Spotify Technology has a 12-month low of $405.00 and a 12-month high of $785.00. The business has a 50 day moving average of $506.30 and a two-hundred day moving average of $598.51. The company has a market capitalization of $109.17 billion, a PE ratio of 55.01, a PEG ratio of 1.19 and a beta of 1.66.

Spotify Technology (NYSE:SPOT) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $2.00. The business had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.14 billion. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company earned $1.88 EPS. Equities research analysts predict that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

Spotify Technology News Roundup

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

• Positive Sentiment: Strong recent fundamentals: SPOT reported a big EPS beat in its latest quarter and revenue growth, supporting a higher long‑term valuation case and giving bulls ammunition. Earnings/Performance Summary
• Positive Sentiment: New and expanding institutional interest: some long‑term managers (e.g., Polen Capital, D.E. Shaw additions cited in filings) have added positions, signaling conviction in podcasts/audiobooks and ad monetization upside. Polen Capital / Institutional Activity
• Neutral Sentiment: Short‑term service disruption resolved: users reported outages across multiple platforms including Spotify, but the company’s app and website were reported as “much better now,” suggesting limited lasting user‑impact if recovery holds. Outage Recovery
• Neutral Sentiment: Momentum and valuation check: analysis pieces highlight that SPOT has seen large recent share swings (notably a strong 1‑month gain) and renewed attention on valuation metrics — useful context but not an immediate catalyst. Valuation Analysis
• Neutral Sentiment: Platform dynamics: research on music discovery (TikTok vs Spotify) underscores changing consumption patterns—important for long‑term content strategy but incremental versus near‑term earnings catalysts. Consumption Trends
• Negative Sentiment: Analyst downgrades and reduced sentiment: Wolfe Research, Pivotal and others have trimmed ratings/targets citing valuation and execution risk after price hikes; this has prompted near‑term profit taking. Analyst Downgrades
• Negative Sentiment: Lowered estimates from brokers: Erste Group and others have trimmed earnings forecasts, adding pressure to the stock’s near‑term outlook as investors reassess growth vs. valuation. Broker Estimate Cuts
• Negative Sentiment: Broader risk‑off market backdrop: higher macro risk and rotation away from long‑duration growth names have amplified selling pressure on high‑multiple stocks like SPOT. Investor Rotation / Mixed Institutional Activity

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on SPOT shares. Sanford C. Bernstein cut their price objective on Spotify Technology from $830.00 to $650.00 and set an “outperform” rating on the stock in a report on Wednesday, January 14th. Arete Research upgraded 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. Pivotal Research lowered shares of Spotify Technology from a “buy” rating to a “hold” rating and reduced their price target for the stock from $875.00 to $420.00 in a research report on Wednesday, February 11th. The Goldman Sachs Group raised shares of Spotify Technology from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $735.00 to $700.00 in a report on Friday, January 23rd. Finally, Erste Group Bank cut shares of Spotify Technology from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $703.87.

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.