Plato Investment Management Ltd Sells 1,567 Shares of Spotify Technology $SPOT

Plato Investment Management Ltd lowered its stake in Spotify Technology (NYSE:SPOT) by 33.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,094 shares of the company’s stock after selling 1,567 shares during the period. Plato Investment Management Ltd’s holdings in Spotify Technology were worth $2,143,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Knuff & Co LLC bought a new stake in shares of Spotify Technology during the 2nd quarter valued at about $27,000. Heartwood Wealth Advisors LLC purchased a new stake in Spotify Technology in the third quarter worth about $27,000. Greykasell Wealth Strategies Inc. boosted its position in Spotify Technology by 3,800.0% during 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. Total Investment Management Inc. bought a new stake in Spotify Technology during the 2nd quarter valued at approximately $29,000. Finally, Westfuller Advisors LLC purchased a new position in shares of Spotify Technology during the 3rd quarter worth approximately $29,000. 84.09% of the stock is owned by hedge funds and other institutional investors.

Spotify Technology News Summary

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

• Positive Sentiment: Citi upgraded SPOT to Buy, citing accelerating price increases and faster buybacks as tangible catalysts for upside and better valuation support. Citi upgrades Spotify (SPOT) To Buy
• Positive Sentiment: Spotify announced a partnership with Bookshop.org to sell physical books through the app — a new commerce revenue channel that expands monetization beyond streaming and audiobooks. Spotify to let users buy physical books on app
• Positive Sentiment: Feature upgrades — global lyric translations, offline lyrics and “Page Match” for switching between book and audiobook reading — boost engagement and cross‑sell potential in Spotify’s content ecosystem. Product momentum supports long‑term ARPU upside if adoption scales. Spotify makes lyrics smarter
• Neutral Sentiment: Wall Street is parsing key Q4 metrics (user growth, average revenue per user, ad revenue) ahead of the earnings release — estimates guide expectations but outcomes remain binary around the print. Gear Up for Spotify Q4 Earnings
• Neutral Sentiment: Recent market weakness hit many richly valued names, dragging SPOT lower at times — a reminder that macro/momentum flows can move the stock independent of company fundamentals. Spotify Fell Along with Highly Valued Stocks
• Negative Sentiment: Zacks warns that despite expected Q4 EPS of ~$2.95 and ~14% revenue growth, Spotify’s history of earnings surprises and a comparatively rich valuation could temper upside if the quarter disappoints. Upcoming results are a key near‑term risk. Pre-Q4 Earnings: Should Spotify Stock be in Your Portfolio?

Spotify Technology Stock Performance

NYSE:SPOT opened at $422.57 on Friday. The firm has a market cap of $87.00 billion, a P/E ratio of 66.44, a P/E/G ratio of 0.81 and a beta of 1.66. Spotify Technology has a fifty-two week low of $405.00 and a fifty-two week high of $785.00. The firm has a 50-day simple moving average of $544.79 and a two-hundred day simple moving average of $628.30.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Citigroup upgraded Spotify Technology from a “neutral” rating to a “buy” rating and set a $650.00 target price for the company in a research note on Friday, January 30th. The Goldman Sachs Group raised Spotify Technology from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $735.00 to $700.00 in a research report on Friday, January 23rd. Benchmark dropped their target price on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a report on Friday, January 16th. DZ Bank upgraded shares of Spotify Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Finally, Cantor Fitzgerald dropped their price objective on shares of Spotify Technology from $675.00 to $615.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Spotify Technology currently has an average rating of “Moderate Buy” and an average price target of $727.71.

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.