Spotify Technology (NYSE:SPOT) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Spotify Technology (NYSE:SPOT). In a filing disclosed on December 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Spotify Technology stock on November 26th. 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 Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 11/20/2025.

Spotify Technology Stock Performance

NYSE:SPOT traded up $17.31 during trading hours on Friday, reaching $581.13. The stock had a trading volume of 343,446 shares, compared to its average volume of 2,087,579. The stock has a market capitalization of $119.65 billion, a PE ratio of 91.18, a PEG ratio of 1.87 and a beta of 1.66. Spotify Technology has a 52 week low of $443.21 and a 52 week high of $785.00. The company has a 50 day moving average price of $623.04 and a two-hundred day moving average price of $674.90.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings results on Tuesday, November 4th. The company reported $3.83 EPS for the quarter, topping the consensus estimate of $1.87 by $1.96. The company had revenue of $5.01 billion during the quarter, compared to analyst estimates of $4.23 billion. Spotify Technology had a return on equity of 21.68% and a net margin of 8.46%.The firm’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $1.45 earnings per share. Equities research analysts predict that Spotify Technology will post 10.3 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Spotify Technology during the first quarter valued at $559,000. HighTower Advisors LLC lifted its stake in Spotify Technology by 1.2% in the 1st quarter. HighTower Advisors LLC now owns 17,593 shares of the company’s stock valued at $9,677,000 after buying an additional 210 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in Spotify Technology by 87.2% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 7,045 shares of the company’s stock worth $3,875,000 after buying an additional 3,282 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Spotify Technology by 10.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 225,260 shares of the company’s stock worth $123,908,000 after buying an additional 21,494 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Spotify Technology by 28.1% during the first quarter. EverSource Wealth Advisors LLC now owns 962 shares of the company’s stock valued at $529,000 after acquiring an additional 211 shares during the last quarter. Hedge funds and other institutional investors own 84.09% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Argus initiated coverage on Spotify Technology in a research note on Monday, September 29th. They set a “buy” rating and a $845.00 price objective for the company. Rosenblatt Securities cut their price objective on shares of Spotify Technology from $700.00 to $670.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Wall Street Zen upgraded shares of Spotify Technology from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. The Goldman Sachs Group downgraded shares of Spotify Technology from a “buy” rating to a “neutral” rating and raised their target price for the company from $765.00 to $770.00 in a research note on Tuesday, September 30th. Finally, Phillip Securities raised Spotify Technology from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $760.23.

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.

Spotify Technology Company Profile

Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.