Spotify Technology $SPOT Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC lessened its position in Spotify Technology (NYSE:SPOT) by 6.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,493,012 shares of the company’s stock after selling 181,665 shares during the quarter. Fisher Asset Management LLC’s holdings in Spotify Technology were worth $1,215,045,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of SPOT. Montanova Capital LLC lifted its position in shares of Spotify Technology by 9,154.5% in the second quarter. Montanova Capital LLC now owns 101,800 shares of the company’s stock worth $46,739,000 after purchasing an additional 100,700 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in Spotify Technology in the second quarter valued at $100,867,000. HS Management Partners LLC bought a new position in Spotify Technology in the second quarter valued at $13,404,000. Ally Financial Inc. increased its stake in Spotify Technology by 100.0% in the 2nd quarter. Ally Financial Inc. now owns 7,000 shares of the company’s stock valued at $3,214,000 after buying an additional 3,500 shares during the last quarter. Finally, Plato Investment Management Ltd acquired a new stake in Spotify Technology in the 2nd quarter valued at $1,363,000. Institutional investors own 84.09% of the company’s stock.

Spotify Technology Price Performance

Shares of SPOT stock opened at $598.29 on Friday. The company has a fifty day moving average price of $541.90 and a two-hundred day moving average price of $502.45. Spotify Technology has a one year low of $405.00 and a one year high of $668.49. The stock has a market cap of $123.18 billion, a P/E ratio of 39.66, a P/E/G ratio of 1.90 and a beta of 1.49.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings data on Thursday, October 22nd. The company reported $2.81 earnings per share for the quarter, missing the consensus estimate of $3.18 by ($0.37). The firm had revenue of $5.63 billion for the quarter, compared to analyst estimates of $5.64 billion. Spotify Technology had a return on equity of 35.64% and a net margin of 15.74%. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.28 earnings per share. As a group, equities research analysts anticipate that Spotify Technology will post 13.60 EPS for the current fiscal year.

Insider Buying and Selling

In other Spotify Technology news, CEO Gustav Söderström sold 20,913 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $544.19, for a total transaction of $11,380,645.47. Following the transaction, the chief executive officer owned 20,025 shares of the company’s stock, valued at $10,897,404.75. The trade was a 51.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.40% of the company’s stock.

Top Spotify Technology Stories

These are some of the SPOT stories that stood out recently:

• Positive Sentiment: A Baron Capital fund disclosed initiating a position in Spotify, a modest endorsement from an institutional investor, though the report does not indicate the size or timing of the holding. Article
• Positive Sentiment: A Motley Fool article included Spotify among growth companies it believes could outperform over the next decade, citing continued business expansion and above-average revenue growth despite a decline in the shares during 2026. This is a long-term opinion rather than a new company announcement. Article
• Neutral Sentiment: Spotify added nine AI DJ voices, including an Indian-accented option, and gave Premium users a way to reduce or turn off spoken commentary. These updates may support personalization and engagement, but no subscriber or revenue impact was reported. Article

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Morgan Stanley boosted their price target on shares of Spotify Technology from $640.00 to $700.00 and gave the stock an “overweight” rating in a research report on Friday, October 23rd. Benchmark decreased their price objective on Spotify Technology from $695.00 to $650.00 and set a “buy” rating for the company in a report on Wednesday, July 22nd. Stonex Financial cut Spotify Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 14th. Guggenheim lifted their target price on Spotify Technology from $575.00 to $650.00 and gave the company a “buy” rating in a research report on Friday, October 23rd. Finally, Wells Fargo & Company upped their target price on Spotify Technology from $570.00 to $660.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. Twenty-three analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $620.07.

Spotify Technology Company Profile

Spotify Technology operates a digital audio streaming platform offering music, podcasts and audiobooks. Listeners can use the service through a free, advertising-supported option or paid subscriptions, with features for discovering, organizing and sharing audio content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon, Spotify launched its streaming service in 2008. The company serves listeners and creators in markets around the world and provides tools and services for artists, podcasters, authors and other content partners.