Spotify Technology $SPOT Stock: Nisa Investment Advisors LLC Boosts Holdings

Nisa Investment Advisors LLC boosted its stake in Spotify Technology (NYSE:SPOT) by 15.9% in the third quarter, HoldingsChannel.com reports. The firm owned 21,398 shares of the company’s stock after buying an additional 2,943 shares during the period. Nisa Investment Advisors LLC’s holdings in Spotify Technology were worth $10,429,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Pin Oak Investment Advisors Inc. acquired a new position in Spotify Technology during the 2nd quarter worth about $27,000. Portus Wealth Advisors LLC acquired a new stake in shares of Spotify Technology during the first quarter worth $32,000. Whipplewood Advisors LLC grew its stake in Spotify Technology by 423.1% during the first quarter. Whipplewood Advisors LLC now owns 68 shares of the company’s stock worth $33,000 after purchasing an additional 55 shares during the period. Palladiem LLC bought a new stake in Spotify Technology in the first quarter valued at $34,000. Finally, Tsfg LLC grew its stake in shares of Spotify Technology by 39.7% in the 2nd quarter. Tsfg LLC now owns 81 shares of the company’s stock valued at $37,000 after buying an additional 23 shares during the period. 84.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on SPOT shares. Benchmark reduced their price objective on shares of Spotify Technology from $695.00 to $650.00 and set a “buy” rating for the company in a report on Wednesday, July 22nd. Wall Street Zen lowered shares of Spotify Technology from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Stonex Financia lowered shares of Spotify Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 14th. UBS Group cut their target price on Spotify Technology from $690.00 to $675.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Finally, KeyCorp dropped their price objective on Spotify Technology from $680.00 to $660.00 and set an “overweight” rating on the stock in a research note on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $610.25.

Spotify Technology News Summary

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

• Positive Sentiment: Spotify reached 306 million premium subscribers in the third quarter, up 9% year over year and roughly one million above expectations. Growth was reported across all regions, while monthly active users rose 11% to 788 million. Spotify Stock Surges on Q3 Subscriber Beat And Bullish Forecast
• Positive Sentiment: Third-quarter revenue increased approximately 16% year over year to nearly €5 billion, while operating income reached €672 million. Improving margins and user growth strengthened the investment case. Spotify revenue rises 16% as subscribers and margins improve
• Positive Sentiment: Management forecast fourth-quarter operating profit above Wall Street expectations, supported by continued subscriber momentum and investments in artificial-intelligence-powered personalization and discovery features. Spotify forecasts fourth-quarter profit above estimates on AI bets
• Positive Sentiment: Spotify is expanding audiobooks to more than 180 markets and sees AI agents as a potential future distribution channel, while new features could support engagement and monetization. Spotify: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: The company said it removed or blocked 50 million spam and AI-generated “slop” tracks this year, potentially improving recommendation quality and protecting the user experience. Spotify says it removed 50 million slop and spam AI tracks this year
• Neutral Sentiment: Spotify confirmed tighter Family Plan sharing verification, describing it as a routine improvement. The measure could improve paid conversion, although it may create some customer friction. Spotify confirms Family Plan crackdown
• Negative Sentiment: Quarterly EPS missed consensus estimates, and revenue was slightly below expectations in several reports, highlighting near-term pressure despite strong user growth. Spotify Q3 Earnings Miss Estimates

Spotify Technology Stock Performance

Spotify Technology stock opened at $581.70 on Friday. Spotify Technology has a fifty-two week low of $405.00 and a fifty-two week high of $683.96. The firm’s 50-day simple moving average is $525.20 and its 200 day simple moving average is $497.27. The stock has a market cap of $119.76 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 1.63 and a beta of 1.61.

Spotify Technology (NYSE:SPOT) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $3.03 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.13). Spotify Technology had a net margin of 18.44% and a return on equity of 41.39%. The firm had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.47 billion. During the same quarter last year, the business posted ($0.42) EPS. The company’s quarterly revenue was up 13.9% on a year-over-year basis. As a group, analysts predict that Spotify Technology will post 13.66 EPS for the current fiscal year.

Insiders Place Their Bets

In other Spotify Technology news, CEO Gustav Söderström sold 20,910 shares of the business’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $530.13, for a total value of $11,085,018.30. Following the transaction, the chief executive officer owned 19,908 shares of the company’s stock, valued at approximately $10,553,828.04. The trade was a 51.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Alex Norström sold 5,436 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $502.10, for a total value of $2,729,415.60. Following the completion of the transaction, the chief executive officer owned 66,773 shares of the company’s stock, valued at $33,526,723.30. This trade represents a 7.53% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 68,092 shares of company stock worth $35,762,410 over the last quarter. 0.40% of the stock is currently owned by corporate insiders.

Spotify Technology Company Profile

Spotify Technology SA is an audio streaming company that operates the Spotify platform, offering users access to music, podcasts and audiobooks through internet-connected devices. Its catalog includes licensed recordings from music labels and artists, as well as podcasts and other audio content from creators and publishers.

Spotify provides both an ad-supported service and subscription-based Premium plans. Premium subscribers generally receive ad-free listening and additional features, while the advertising-supported service allows users to access content without a paid subscription.