Handelsbanken Fonder AB Has $121.95 Million Stock Position in Spotify Technology $SPOT

Handelsbanken Fonder AB boosted its holdings in Spotify Technology (NYSE:SPOT) by 8.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 174,708 shares of the company’s stock after buying an additional 13,149 shares during the period. Handelsbanken Fonder AB owned approximately 0.08% of Spotify Technology worth $121,946,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPOT. Sage Mountain Advisors LLC increased its position in Spotify Technology by 6.3% during the third quarter. Sage Mountain Advisors LLC now owns 289 shares of the company’s stock worth $201,000 after acquiring an additional 17 shares during the period. Cloud Capital Management LLC boosted its holdings in Spotify Technology by 4.8% in the 2nd quarter. Cloud Capital Management LLC now owns 392 shares of the company’s stock valued at $301,000 after purchasing an additional 18 shares during the period. Fullerton Fund Management Co Ltd. grew its position in Spotify Technology by 7.0% in the 2nd quarter. Fullerton Fund Management Co Ltd. now owns 276 shares of the company’s stock worth $212,000 after purchasing an additional 18 shares during the last quarter. Huntington National Bank grew its position in Spotify Technology by 3.9% in the 2nd quarter. Huntington National Bank now owns 506 shares of the company’s stock worth $388,000 after purchasing an additional 19 shares during the last quarter. Finally, Granite Group Advisors LLC raised its position in shares of Spotify Technology by 2.6% during the third quarter. Granite Group Advisors LLC now owns 756 shares of the company’s stock valued at $528,000 after buying an additional 19 shares during the last quarter. 84.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Citizens Jmp initiated coverage on Spotify Technology in a research report on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 target price on the stock. DZ Bank raised Spotify Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Guggenheim lowered their price objective on Spotify Technology from $720.00 to $600.00 and set a “buy” rating on the stock in a research report on Tuesday. Wells Fargo & Company cut their target price on Spotify Technology from $750.00 to $710.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Finally, Wall Street Zen raised Spotify Technology from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $698.91.

Key Headlines Impacting Spotify Technology

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

• Positive Sentiment: Analyst upgrades and price-target lift: Arete Research moved SPOT from neutral to buy with a $586 target, and a separate research upgrade highlighted stronger premium gross margins and “margin durability” — both signals that helped reduce investor concern about profitability and likely triggered buying. Arete Research / Finviz
• Positive Sentiment: Analyst note + market reaction: Coverage noting margin upside and manageable AI-related risks was flagged in market commentary as a reason for momentum following Spotify’s recent earnings reset (investor repositioning around improving operating leverage). QuiverQuant: Analyst Upgrade & Margin Upside
• Positive Sentiment: Sector tailwinds: industry pieces highlight that streaming platforms (including Spotify) are benefiting from a mix of ad growth, subscriptions and AI-driven personalization — a backdrop that supports higher monetization potential and investor appetite. Yahoo Finance: Must-Track Streaming Stocks
• Positive Sentiment: Product update that may boost engagement: Spotify rolled out “Smart Reorder” for playlists, a feature aimed at improving listening experience and playlist utility — a small but positive UX/engagement catalyst over time. Android Police: Smart Reorder
• Neutral Sentiment: Valuation and pullback analysis: Commentary assessing whether the recent price pullback makes SPOT attractive flags mixed signals — solid long-term gains but notable YTD and 1‑year declines that keep valuation debate active among investors. Yahoo Finance: Is Spotify Now Attractive?
• Negative Sentiment: Bearish outlook from Guggenheim: A recent pessimistic forecast raises downside concerns and reminds investors there is still disagreement on fair valuation and long-term upside, which could cap gains if more firms adopt a cautious view. American Banking News: Guggenheim Pessimistic Forecast

Spotify Technology Price Performance

Spotify Technology stock opened at $495.71 on Friday. The business has a 50 day simple moving average of $513.96 and a 200 day simple moving average of $609.42. The company has a market capitalization of $102.03 billion, a PE ratio of 51.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.66. Spotify Technology has a one year low of $405.00 and a one year high of $785.00.

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

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.