Meitav Investment House Ltd. Increases Stock Position in Spotify Technology $SPOT

Meitav Investment House Ltd. grew its position in shares of Spotify Technology (NYSE:SPOT) by 857.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,993 shares of the company’s stock after purchasing an additional 24,173 shares during the period. Meitav Investment House Ltd.’s holdings in Spotify Technology were worth $18,791,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Pallas Capital Advisors LLC boosted its stake in Spotify Technology by 33.7% during the second quarter. Pallas Capital Advisors LLC now owns 547 shares of the company’s stock valued at $420,000 after buying an additional 138 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Spotify Technology during the 2nd quarter worth approximately $312,000. Focus Financial Network Inc. boosted its position in shares of Spotify Technology by 11.3% during the 2nd quarter. Focus Financial Network Inc. now owns 642 shares of the company’s stock valued at $493,000 after acquiring an additional 65 shares during the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Spotify Technology in the second quarter valued at $56,000. Finally, SeaCrest Wealth Management LLC grew its holdings in shares of Spotify Technology by 3.9% in the second quarter. SeaCrest Wealth Management LLC now owns 2,652 shares of the company’s stock valued at $2,035,000 after purchasing an additional 100 shares in the last quarter. 84.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

SPOT has been the topic of a number of recent research reports. Citizens Jmp assumed coverage on shares of Spotify Technology in a research note on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 price target on the stock. DZ Bank upgraded shares of Spotify Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Barclays decreased their target price on shares of Spotify Technology from $750.00 to $700.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Erste Group Bank lowered Spotify Technology from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Guggenheim reduced their price objective on Spotify Technology from $800.00 to $750.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $743.90.

Spotify Technology News Roundup

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

• Positive Sentiment: Analysts and bullish commentators argue the $1 increase to the U.S. Individual plan ($11.99 → $12.99) will meaningfully lift revenue and operating leverage because incremental subscription dollars have high flow-through and low acquisition cost; MarketBeat’s deep dive highlights stronger margins, record free cash flow and a path to improved EPS. Spotify’s Price Hike: Why Subscribers Will Pay Up
• Positive Sentiment: Some buy-side commentary views the pullback as a buying opportunity; Seeking Alpha recommends “buy the dip,” arguing the price increase should boost margins and EPS with limited churn. Spotify: Buy The Dip As $12.99 Price Takes Hold
• Positive Sentiment: Benchmark cut its price target from $860 to $760 but kept a Buy rating — signaling continued analyst confidence in longer-term upside despite the reset. Benzinga coverage of Benchmark target change
• Neutral Sentiment: Multiple outlets (Reuters, CNBC, TechCrunch, WSJ) reported Spotify will raise Premium prices in the U.S., Estonia and Latvia effective next month — a factual development that triggered immediate market reaction but whose net impact depends on realized churn and royalty margins. Spotify to raise premium subscription price to $12.99 a month in select markets
• Negative Sentiment: Near-term market response was negative: the stock pulled back after the announcement, reflecting investor concern about potential subscriber cancellations and investor rotation away from richly valued growth names. Spotify (SPOT) Stock Dips While Market Gains: Key Facts
• Negative Sentiment: Some institutional notes are cautious—Wells Fargo published a pessimistic forecast highlighting downside risk if churn accelerates or competitive pricing pressure intensifies. Wells Fargo & Company Issues Pessimistic Forecast for Spotify
• Negative Sentiment: Critical coverage frames the raise as another consumer-cost squeeze amid broader inflation concerns, which could amplify sensitivity to future price actions. Spotify just announced another price hike. Here’s what’s really driving it

Spotify Technology Stock Performance

SPOT opened at $505.04 on Friday. The stock’s 50 day moving average price is $582.72 and its 200-day moving average price is $651.80. Spotify Technology has a one year low of $475.01 and a one year high of $785.00. The stock has a market cap of $103.98 billion, a price-to-earnings ratio of 79.41, a P/E/G ratio of 0.96 and a beta of 1.66.

Spotify Technology (NYSE:SPOT) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $3.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $1.96. Spotify Technology had a return on equity of 21.68% and a net margin of 8.46%.The company had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $4.23 billion. During the same quarter in the previous year, the business earned $1.45 EPS. Spotify Technology’s revenue was up 7.1% compared to the same quarter last year. As a group, analysts predict that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

Spotify Technology Company 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.