Van Lanschot Kempen Investment Management N.V. Raises Stock Holdings in Spotify Technology $SPOT

Van Lanschot Kempen Investment Management N.V. increased its stake in shares of Spotify Technology (NYSE:SPOT) by 28.9% in the fourth quarter, HoldingsChannel reports. The firm owned 421,613 shares of the company’s stock after buying an additional 94,614 shares during the period. Spotify Technology makes up approximately 2.1% of Van Lanschot Kempen Investment Management N.V.’s investment portfolio, making the stock its 14th largest position. Van Lanschot Kempen Investment Management N.V.’s holdings in Spotify Technology were worth $244,835,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Quadcap Wealth Management LLC lifted its position in Spotify Technology by 5.7% during the third quarter. Quadcap Wealth Management LLC now owns 295 shares of the company’s stock worth $206,000 after buying an additional 16 shares in the last quarter. Sagespring Wealth Partners LLC lifted its position in Spotify Technology by 2.9% during the fourth quarter. Sagespring Wealth Partners LLC now owns 636 shares of the company’s stock worth $370,000 after buying an additional 18 shares in the last quarter. Ameritas Advisory Services LLC lifted its position in Spotify Technology by 7.9% during the third quarter. Ameritas Advisory Services LLC now owns 260 shares of the company’s stock worth $181,000 after buying an additional 19 shares in the last quarter. Aprio Wealth Management LLC lifted its position in Spotify Technology by 3.1% during the third quarter. Aprio Wealth Management LLC now owns 633 shares of the company’s stock worth $442,000 after buying an additional 19 shares in the last quarter. Finally, Petra Financial Advisors Inc. lifted its position in Spotify Technology by 1.2% during the third quarter. Petra Financial Advisors Inc. now owns 1,639 shares of the company’s stock worth $1,144,000 after buying an additional 20 shares in the last quarter. 84.09% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Gustav Soderstrom sold 20,833 shares of Spotify Technology stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $496.52, for a total value of $10,344,001.16. Following the completion of the sale, the chief executive officer directly owned 20,376 shares of the company’s stock, valued at approximately $10,117,091.52. The trade was a 50.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas O. Staggs sold 5,477 shares of Spotify Technology stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $526.00, for a total value of $2,880,902.00. Following the completion of the sale, the director directly owned 3,619 shares of the company’s stock, valued at $1,903,594. The trade was a 60.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 111,442 shares of company stock valued at $54,647,508. Insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on SPOT shares. Barclays lifted their target price on Spotify Technology from $500.00 to $565.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Citizens Jmp lifted their target price on Spotify Technology from $600.00 to $625.00 and gave the company a “market outperform” rating in a research report on Friday, May 22nd. Daiwa Securities Group started coverage on Spotify Technology in a research report on Thursday, March 26th. They issued an “outperform” rating and a $535.00 target price on the stock. Canaccord Genuity Group reduced their target price on Spotify Technology from $750.00 to $720.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Finally, Arete Research upgraded Spotify Technology from a “neutral” rating to a “buy” rating and set a $586.00 target price on the stock in a research report on Thursday, February 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $655.92.

Spotify Technology Trading Down 1.1%

Shares of NYSE SPOT opened at $480.77 on Friday. Spotify Technology has a twelve month low of $405.00 and a twelve month high of $785.00. The stock has a fifty day simple moving average of $482.76 and a 200-day simple moving average of $510.88. The stock has a market capitalization of $98.98 billion, a PE ratio of 38.31, a PEG ratio of 1.19 and a beta of 1.56.

Spotify Technology (NYSE:SPOT) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $4.04 earnings per share for the quarter, beating analysts’ consensus estimates of $3.41 by $0.63. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.The business had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the previous year, the firm posted $1.07 earnings per share. The company’s revenue was up 8.2% on a year-over-year basis. On average, equities analysts predict that Spotify Technology will post 14.71 earnings per share for the current year.

Spotify Technology News Roundup

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

• Positive Sentiment: Spotify’s Investor Day emphasized long-term growth targets focused on increasing subscriber conversion and strengthening its broader brand and AI-driven strategy, which investors viewed favorably. Spotify’s “North Star” Outlook Was Music to Investors Ears
• Positive Sentiment: Spotify also brought in a new head of PR and communications, signaling a stronger focus on reputation management and clearer messaging as it expands its content and AI initiatives. Will Spotify (SPOT) Elevate Its Brand Narrative As AI Strategy Deepens Under New PR Leadership?
• Neutral Sentiment: Spotify reversed its iPhone app icon change after user backlash, a small brand-related issue that is unlikely to materially affect fundamentals. Spotify reverts iPhone app icon to original after disco-ball backlash
• Negative Sentiment: Several analysts trimmed earnings estimates slightly, including Erste Group Bank lowering FY2026 and FY2027 EPS forecasts, which adds a modest headwind to sentiment. Spotify Technology (SPOT) analyst estimate updates
• Negative Sentiment: Recent trading has also reflected broader weakness, with SPOT sliding in the latest sessions even as the market rose, suggesting investors are still cautious after a strong run. Spotify (SPOT) Stock Slides as Market Rises: Facts to Know Before You Trade

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.