Geneva Partners LLC Reduces Holdings in Spotify Technology $SPOT

Geneva Partners LLC lowered its stake in shares of Spotify Technology (NYSE:SPOT) by 9.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,278 shares of the company’s stock after selling 1,218 shares during the quarter. Spotify Technology comprises approximately 3.1% of Geneva Partners LLC’s investment portfolio, making the stock its 12th largest holding. Geneva Partners LLC’s holdings in Spotify Technology were worth $8,570,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Knuff & Co LLC acquired a new position in Spotify Technology during the 2nd quarter valued at approximately $27,000. Total Investment Management Inc. purchased a new stake in shares of Spotify Technology during the second quarter valued at $29,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Spotify Technology in the 3rd quarter valued at $27,000. Greykasell Wealth Strategies Inc. raised its stake in Spotify Technology by 3,800.0% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock worth $27,000 after acquiring an additional 38 shares during the last quarter. Finally, Westfuller Advisors LLC purchased a new position in Spotify Technology in the 3rd quarter worth $29,000. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Spotify Technology Trading Up 3.7%

Shares of NYSE:SPOT opened at $514.02 on Monday. Spotify Technology has a 12-month low of $405.00 and a 12-month high of $785.00. The company has a market capitalization of $105.80 billion, a PE ratio of 53.32, a PEG ratio of 1.12 and a beta of 1.66. The business has a 50 day moving average of $512.60 and a two-hundred day moving average of $607.01.

Spotify Technology (NYSE:SPOT) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $2.00. The business had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.14 billion. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company earned $1.88 EPS. Equities research analysts predict that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

Spotify Technology News Roundup

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

• Positive Sentiment: Spotify is rolling out AI-powered Prompted Playlists (beta) and other personalization tools for Premium users — moves that can lift engagement, retention and ARPU if adoption scales. Spotify AI Tools And Curation Push Test Premium Engagement And Value
• Positive Sentiment: A research upgrade to Buy with a $586 price target (Arete Research) increases near-term upside expectations and likely contributed to buying interest. Finviz
• Positive Sentiment: Coverage noting improving profitability and “margin durability” helped spur further gains — analyst commentary on margin upside reinforces the narrative from Spotify’s recent strong quarterly beat. Spotify jumps as bullish analyst upgrade highlights margin upside
• Positive Sentiment: Product-level UX improvements like Smart Reorder (playlist sequencing) are live for users — small product upgrades that can incrementally increase time spent and perceived value of Premium. Give your Spotify playlist a mixologist with Smart Reorder
• Positive Sentiment: Recent quarterly results (strong EPS beat and margin improvement) remain a positive backdrop supporting upgrades and investor confidence in operating leverage.
• Neutral Sentiment: Spotify is expanding further into books/audiobooks — a diversification that could increase content revenue over time but is early-stage for material financial impact. Spotify continues its march into the book world
• Neutral Sentiment: Sector pieces reiterate streaming tailwinds from ads, subscriptions and AI personalization — supportive macro context but not SPOT-specific catalysts. Must-Track Streaming Stocks in the Evolving Media Landscape
• Negative Sentiment: Some odd publicity (a $495 “musical urn” product story) creates noise around brand messaging; not material to fundamentals but could distract from core narrative. Spend your afterlife inside Spotify’s latest device, a $495 musical urn
• Negative Sentiment: Guggenheim published a pessimistic near-term forecast for SPOT, which could limit upside for more conservative investors and weigh on sentiment if echoed by others. Guggenheim Issues Pessimistic Forecast for Spotify Technology (NYSE:SPOT) Stock Price

Analysts Set New Price Targets

SPOT has been the topic of a number of research reports. The Goldman Sachs Group raised Spotify Technology from a “neutral” rating to a “buy” rating and cut their price objective for the company from $735.00 to $700.00 in a report on Friday, January 23rd. Wall Street Zen raised Spotify Technology from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Moffett Nathanson initiated coverage on shares of Spotify Technology in a report on Tuesday, January 27th. They issued a “neutral” rating and a $487.00 price target on the stock. Citigroup raised shares of Spotify Technology from a “neutral” rating to a “buy” rating and set a $650.00 price target for the company in a research report on Friday, January 30th. Finally, Weiss Ratings cut shares of Spotify Technology from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Spotify Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $698.91.

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.