Groupama Asset Managment Decreases Holdings in Spotify Technology $SPOT

Groupama Asset Managment reduced its stake in Spotify Technology (NYSE:SPOT) by 39.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,876 shares of the company’s stock after selling 1,226 shares during the period. Groupama Asset Managment’s holdings in Spotify Technology were worth $910,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Portus Wealth Advisors LLC purchased a new stake in shares of Spotify Technology during the 1st quarter valued at about $32,000. Kemnay Advisory Services Inc. purchased a new position in Spotify Technology in the 4th quarter worth approximately $32,000. Whipplewood Advisors LLC boosted its holdings in Spotify Technology by 423.1% in the 1st quarter. Whipplewood Advisors LLC now owns 68 shares of the company’s stock worth $33,000 after acquiring an additional 55 shares during the period. Palladiem LLC purchased a new stake in shares of Spotify Technology during the first quarter valued at approximately $34,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Spotify Technology during the fourth quarter valued at approximately $35,000. 84.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Barclays boosted 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. Benchmark cut their price objective on shares of Spotify Technology from $695.00 to $650.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. UBS Group lowered their target price on Spotify Technology from $735.00 to $690.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Morgan Stanley boosted their price target on Spotify Technology from $590.00 to $610.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Finally, KeyCorp reduced their price target on Spotify Technology from $745.00 to $680.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $629.73.

More Spotify Technology News

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

• Positive Sentiment: Spotify enters the earnings release with a substantial user base of 761 million monthly active users and 293 million subscribers. Investors will look for continued subscriber additions, low churn and improved monetization. Wall Street projections for Spotify’s second-quarter metrics
• Positive Sentiment: New product initiatives could strengthen Spotify’s long-term growth story, including a “Campaign Lift” measurement tool for advertisers, conversational discovery features, video and audiobooks, and the new User Notes personalization feature. Spotify is also reportedly gaining ground on South Korea’s Melon, suggesting potential international share gains. Spotify adds Campaign Lift to Discovery Mode
• Neutral Sentiment: Analyst sentiment remains broadly constructive: recent reports include buy or overweight ratings, and the median 12-month price target is reported at $610. However, target estimates vary widely, indicating uncertainty around the earnings outlook and valuation. Is Spotify fully valued going into earnings?
• Negative Sentiment: Erste Group Bank lowered its FY2026 EPS forecast to $14.24 from $14.35, below the $14.45 consensus estimate. KeyCorp also reduced its second-quarter earnings estimate and issued a FY2028 forecast, reinforcing concerns about near-term earnings momentum. Analyst estimate changes for Spotify
• Negative Sentiment: A recent analyst target reduction highlighted risks to gross-margin stability, operating-expense growth, advertising momentum and the pace at which AI-driven features generate revenue. Spotify’s product investments may support future growth but could weigh on profitability before producing meaningful returns.
• Negative Sentiment: Insider activity has been one-sided, with 31 reported open-market sales and no purchases over the past six months. Institutional positioning was mixed, with 609 investors adding shares and 677 reducing positions, adding to caution ahead of the report. Why Spotify stock is down today

Spotify Technology Price Performance

NYSE SPOT opened at $501.45 on Friday. Spotify Technology has a 12 month low of $405.00 and a 12 month high of $748.30. The company has a market capitalization of $103.24 billion, a price-to-earnings ratio of 39.96, a price-to-earnings-growth ratio of 1.24 and a beta of 1.56. The company’s fifty day moving average price is $486.15 and its two-hundred day moving average price is $486.45.

Insiders Place Their Bets

In other news, Director Sven Hans Martin Lorentzon sold 35,380 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $525.73, for a total value of $18,600,327.40. Following the sale, the director owned 6,383 shares in the company, valued at approximately $3,355,734.59. This represents a 84.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thomas O. Staggs sold 5,477 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $526.00, for a total transaction of $2,880,902.00. Following the transaction, the director directly owned 3,619 shares in the company, valued at $1,903,594. The trade was a 60.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 111,442 shares of company stock worth $54,757,553. Company insiders own 0.40% of the company’s stock.

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.