FNY Investment Advisers LLC Has $380,000 Stock Position in Spotify Technology $SPOT

FNY Investment Advisers LLC lowered its stake in Spotify Technology (NYSE:SPOT) by 72.4% during the third quarter, HoldingsChannel reports. The firm owned 545 shares of the company’s stock after selling 1,428 shares during the period. FNY Investment Advisers LLC’s holdings in Spotify Technology were worth $380,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPOT. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Spotify Technology in the third quarter worth about $26,000. Knuff & Co LLC acquired a new stake in shares of Spotify Technology during the second quarter valued at approximately $27,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of Spotify Technology in the 3rd quarter valued at approximately $27,000. Greykasell Wealth Strategies Inc. lifted 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 in the last quarter. Finally, Total Investment Management Inc. acquired a new position in Spotify Technology in the 2nd quarter worth approximately $29,000. Institutional investors and hedge funds own 84.09% of the company’s stock.

Trending Headlines about Spotify Technology

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

• Positive Sentiment: Spotify rolled out a Windows “Exclusive Mode” / bit‑perfect playback aimed at audiophiles — a product differentiator that could support higher engagement and premium conversion among high‑value users. Article Title
• Positive Sentiment: Wear OS app update introduces a refreshed interface and gesture controls, improving UX on wearables and potentially boosting on‑device listening and retention. Article Title
• Positive Sentiment: Some sell‑side analysts (e.g., Jefferies) see near‑term upside — citing upcoming Q1 results, an analyst day and potential margin beat that could prompt upward estimate revisions. Article Title
• Neutral Sentiment: Leaks indicate Spotify is preparing XR smart‑glasses support and other device initiatives — a product expansion with longer‑term upside but uncertain near‑term revenue impact. Article Title
• Negative Sentiment: Investor anxiety over a posted Form 144 / proposed sale notice plus recent analyst downgrades has increased perceived near‑term supply risk, weighing on the stock despite solid fundamentals. Reports also note a small regulatory fine in Türkiye — all of which can pressure sentiment. Article Title
• Negative Sentiment: Spotify acknowledged a glitch that caused some Premium users to hear ads — a reputational / churn risk that can raise near‑term subscription concerns until fully resolved. Article Title

Spotify Technology Stock Performance

Spotify Technology stock opened at $482.27 on Friday. Spotify Technology has a twelve month low of $405.00 and a twelve month high of $785.00. The firm has a market cap of $99.29 billion, a PE ratio of 50.03, a P/E/G ratio of 1.13 and a beta of 1.66. The firm’s 50 day moving average price is $497.55 and its two-hundred day moving average price is $591.13.

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

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Moffett Nathanson initiated coverage on shares of Spotify Technology in a research report on Tuesday, January 27th. They set a “neutral” rating and a $487.00 price objective on the stock. Sanford C. Bernstein reduced their target price on Spotify Technology from $830.00 to $650.00 and set an “outperform” rating for the company in a report on Wednesday, January 14th. Wells Fargo & Company decreased their target price on Spotify Technology from $750.00 to $710.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Citigroup upgraded Spotify Technology from a “neutral” rating to a “buy” rating and set a $650.00 price target on the stock in a report on Friday, January 30th. Finally, Barclays upped their price target on Spotify Technology from $625.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Two research 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $703.87.

About Spotify Technology

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.