Lombard Odier Asset Management USA Corp Invests $1.30 Million in Spotify Technology $SPOT

Posted by Latisha Jones on Jul 26th, 2026

Lombard Odier Asset Management USA Corp bought a new position in Spotify Technology (NYSE:SPOT – Free Report) during the 1st quarter, HoldingsChannel reports. The fund bought 2,675 shares of the company’s stock, valued at approximately $1,297,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPOT. JPL Wealth Management LLC bought a new stake in Spotify Technology in the 3rd quarter worth $35,000. Kemnay Advisory Services Inc. purchased a new position in shares of Spotify Technology in the fourth quarter valued at about $32,000. Newbridge Financial Services Group Inc. bought a new position in shares of Spotify Technology during the fourth quarter valued at about $35,000. Osbon Capital Management LLC bought a new position in shares of Spotify Technology during the fourth quarter valued at about $35,000. Finally, Wilmington Savings Fund Society FSB boosted its holdings in shares of Spotify Technology by 85.7% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 65 shares of the company’s stock worth $38,000 after purchasing an additional 30 shares during the period. 84.09% of the stock is currently owned by institutional investors.

Spotify Technology Price Performance

Shares of NYSE SPOT opened at $483.27 on Friday. Spotify Technology has a 1 year low of $405.00 and a 1 year high of $748.30. The company’s 50-day moving average is $481.62 and its 200 day moving average is $488.36. The stock has a market capitalization of $99.49 billion, a P/E ratio of 38.51, a P/E/G ratio of 1.19 and a beta of 1.56.

Spotify Technology (NYSE:SPOT – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $4.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.41 by $0.63. Spotify Technology had a net margin of 15.56% and a return on equity of 35.73%. The company had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the prior year, the firm earned $1.07 earnings per share. Spotify Technology’s revenue was up 8.2% on a year-over-year basis. Research analysts anticipate that Spotify Technology will post 14.51 earnings per share for the current year.

Analysts Set New Price Targets

SPOT has been the topic of several recent analyst reports. Citizens Jmp raised their target price on Spotify Technology from $600.00 to $625.00 and gave the stock a “market outperform” rating in a research note on Friday, May 22nd. Morgan Stanley upped their price target on Spotify Technology from $590.00 to $610.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Wall Street Zen cut Spotify Technology from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings lowered Spotify Technology from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. Finally, JPMorgan Chase & Co. boosted their target price on Spotify Technology from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $630.70.

Check Out Our Latest Research Report on SPOT

Spotify Technology News Roundup

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

Positive Sentiment: Several recent articles frame Spotify as a potentially attractive value or buy candidate compared with peers, which can support sentiment around the stock. XYZ or SPOT: Which Is the Better Value Stock Right Now?
Positive Sentiment: Spotify is being highlighted as a trending stock with strong analyst interest, reinforcing the idea that Wall Street remains broadly constructive on the name. Is It Worth Investing in Spotify (SPOT) Based on Wall Street’s Bullish Views?
Neutral Sentiment: Benchmark reportedly lowered its expectations for Spotify, which could temper enthusiasm but does not appear severe enough on its own to dominate trading. Benchmark Has Lowered Expectations for Spotify Technology (NYSE:SPOT) Stock Price
Negative Sentiment: A report that Spotify deleted more than 500,000 fake streams tied to Malcolm Todd has raised fraud and integrity concerns, which could be viewed as a reputational headwind for the platform. EXCLUSIVE: Spotify Deleted 500,000 Fake Malcolm Todd Streams. A Former SEC Lawyer Says the Bots May Have Committed a Federal Crime

Insider Activity

In other news, Director Thomas O. Staggs sold 5,477 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $526.00, for a total value of $2,880,902.00. Following the completion of the transaction, the director owned 3,619 shares in the company, valued at $1,903,594. This trade represents a 60.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sven Hans Martin Lorentzon sold 35,380 shares of Spotify Technology stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $525.73, for a total value of $18,600,327.40. Following the sale, the director owned 6,383 shares in the company, valued at $3,355,734.59. This represents a 84.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 111,442 shares of company stock worth $54,757,553. Company insiders own 0.40% of the company’s stock.

Spotify Technology Profile

(Free Report)

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.