Hyperion Asset Management Ltd Sells 128,932 Shares of Spotify Technology $SPOT

Hyperion Asset Management Ltd lowered its holdings in Spotify Technology (NYSE:SPOT) by 54.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,725 shares of the company’s stock after selling 128,932 shares during the period. Spotify Technology makes up about 1.3% of Hyperion Asset Management Ltd’s portfolio, making the stock its 18th largest holding. Hyperion Asset Management Ltd owned approximately 0.05% of Spotify Technology worth $49,460,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Northside Capital Management LLC acquired a new position in Spotify Technology during the second quarter valued at approximately $523,000. Wasatch Advisors LP boosted its holdings in shares of Spotify Technology by 7.2% in the 2nd quarter. Wasatch Advisors LP now owns 1,054 shares of the company’s stock valued at $484,000 after purchasing an additional 71 shares in the last quarter. Community Financial Services Group LLC acquired a new stake in shares of Spotify Technology in the 2nd quarter valued at $52,000. Arista Wealth Management LLC increased its stake in shares of Spotify Technology by 62.0% in the 2nd quarter. Arista Wealth Management LLC now owns 2,439 shares of the company’s stock valued at $1,120,000 after purchasing an additional 933 shares during the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in shares of Spotify Technology by 77.6% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,387 shares of the company’s stock valued at $637,000 after purchasing an additional 606 shares during the last quarter. 84.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SPOT has been the subject of several recent analyst reports. Wells Fargo & Company dropped their price objective on Spotify Technology from $600.00 to $570.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Wall Street Zen cut Spotify Technology from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Benchmark lowered their target price on Spotify Technology from $695.00 to $650.00 and set a “buy” rating for the company in a research note on Wednesday, July 22nd. Morgan Stanley increased their target price on shares of Spotify Technology from $590.00 to $610.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. Finally, Weiss Ratings downgraded shares of Spotify Technology from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $630.00.

Spotify Technology Stock Down 1.9%

Shares of SPOT stock opened at $502.03 on Wednesday. Spotify Technology has a twelve month low of $405.00 and a twelve month high of $748.30. The stock’s fifty day simple moving average is $483.08 and its 200 day simple moving average is $484.99. The firm has a market capitalization of $103.36 billion, a P/E ratio of 31.26, a P/E/G ratio of 1.25 and a beta of 1.58.

Insider Activity at Spotify Technology

In other Spotify Technology news, Director Christopher P. Marshall sold 2,650 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $519.86, for a total transaction of $1,377,629.00. Following the sale, the director directly owned 4,039 shares of the company’s stock, valued at $2,099,714.54. The trade was a 39.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sven Hans Martin Lorentzon sold 35,380 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $525.73, for a total transaction of $18,600,327.40. Following the completion of the transaction, the director owned 6,383 shares of the company’s stock, valued at approximately $3,355,734.59. This trade represents a 84.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 116,878 shares of company stock valued at $59,081,110. Corporate insiders own 0.40% of the company’s stock.

More Spotify Technology News

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

• Positive Sentiment: Strong Q2 performance supports the stock: Spotify reached 300 million Premium subscribers, delivered record gross margin of 33.4%, and reported operating income of €655 million. Premium net additions exceeded guidance, while the company forecast further growth in the third quarter. The results and ongoing share repurchases reinforce the investment case around profitability, cash generation and scale. Spotify Q2 2026 Earnings Call Transcript
• Positive Sentiment: Profit estimates edged higher: Erste Group raised its Spotify EPS forecasts to $14.31 for fiscal 2026 and $17.86 for fiscal 2027. Although the revisions were modest, they indicate continued analyst confidence in margin expansion and earnings growth. Spotify Technology analyst estimates
• Positive Sentiment: Fan-remix licensing could improve engagement: Spotify’s agreement with Merlin allows participating independent artists to opt into fan-made covers and remix tools. The feature could increase user interaction and content discovery, although its revenue contribution is not yet clear. Spotify fan remix licensing agreement
• Neutral Sentiment: AI Persona labels create a transparency trade-off: Beginning in mid-September, Spotify plans to identify some AI-generated artist profiles and exclude their music from editorial and algorithmic recommendations. The policy may strengthen trust and address user complaints, but restricting AI content could also reduce available catalog volume and listening activity. Spotify AI Persona badges
• Negative Sentiment: Podcast advertising faces a potential headwind: Spotify is testing a “Skip Ahead” feature that would let Premium subscribers bypass some podcast advertisements, except ads sold directly by Spotify. Wider adoption could weaken third-party podcast ad impressions and monetization, adding uncertainty to Spotify’s podcast strategy. Spotify tests podcast ad-skip feature

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.