Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Spotify Technology (NYSE:SPOT). In a filing disclosed on January 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Spotify Technology stock on December 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
- Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
- Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.
Spotify Technology Trading Down 1.1%
Shares of SPOT traded down $5.98 during trading hours on Wednesday, reaching $528.66. 2,353,600 shares of the company traded hands, compared to its average volume of 1,521,948. The stock’s fifty day moving average price is $587.18 and its 200 day moving average price is $655.15. The firm has a market cap of $108.85 billion, a price-to-earnings ratio of 83.12, a PEG ratio of 0.96 and a beta of 1.66. Spotify Technology has a 12-month low of $475.01 and a 12-month high of $785.00.
Hedge Funds Weigh In On Spotify Technology
Institutional investors and hedge funds have recently bought and sold shares of the company. Knuff & Co LLC acquired a new stake in shares of Spotify Technology during the second quarter worth about $27,000. Total Investment Management Inc. purchased a new position in Spotify Technology during the 2nd quarter worth approximately $29,000. Heartwood Wealth Advisors LLC acquired a new stake in Spotify Technology during the 3rd quarter valued at approximately $27,000. Greykasell Wealth Strategies Inc. boosted its holdings 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 during the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Spotify Technology in the third quarter worth $26,000. 84.09% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on SPOT. Argus assumed coverage on shares of Spotify Technology in a research note on Monday, September 29th. They issued a “buy” rating and a $845.00 price objective for the company. Pivotal Research reduced their price target on shares of Spotify Technology from $900.00 to $875.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Wells Fargo & Company dropped their price objective on shares of Spotify Technology from $750.00 to $710.00 and set an “overweight” rating on the stock in a research note on Tuesday. BNP Paribas Exane assumed coverage on shares of Spotify Technology in a research note on Tuesday, September 16th. They issued an “outperform” rating and a $900.00 price objective for the company. Finally, Rosenblatt Securities lowered their target price on Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $747.23.
View Our Latest Stock Report on Spotify Technology
Spotify Technology News Roundup
Here are the key news stories impacting Spotify Technology this week:
- Positive Sentiment: Product differentiation — an MSN piece highlights “5 Spotify features no other music app gets right,” reinforcing Spotify’s competitive strengths that support user engagement and monetization potential. Article Title
- Positive Sentiment: Analyst backing remains — Wells Fargo trimmed its price target from $750 to $710 but kept an “overweight” rating, implying roughly ~34% upside from current levels and signaling continued institutional confidence. Article Title
- Neutral Sentiment: Investor interest/attention — Zacks flagged SPOT as a trending stock and published a primer on factors that could affect the name, useful context but not news-driving by itself. Article Title
- Neutral Sentiment: Wall Street roundup — a Yahoo Finance piece aggregates analyst views and market commentary; it helps explain prevailing sentiment but doesn’t introduce a new catalyst. Article Title
- Negative Sentiment: Price-target cut from Sanford C. Bernstein — Bernstein lowered its target sharply from $830 to $650 (although it kept an “outperform” rating), which can weigh on sentiment because it reduces upside expectation from prior levels. Article Title
- Negative Sentiment: User/artist backlash over AI content — reporting shows Spotify users and some creators criticizing AI-generated music (“AI slop”), a reputational and potential regulatory risk that could pressure engagement or invite policy changes. Article Title
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
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