Dakota Wealth Management Has $955,000 Position in Spotify Technology $SPOT

Dakota Wealth Management lessened its stake in shares of Spotify Technology (NYSE:SPOT) by 93.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,644 shares of the company’s stock after selling 22,082 shares during the period. Dakota Wealth Management’s holdings in Spotify Technology were worth $955,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. State Street Corp lifted its position in shares of Spotify Technology by 1.1% during the 3rd quarter. State Street Corp now owns 4,622,298 shares of the company’s stock valued at $3,226,364,000 after acquiring an additional 48,070 shares during the period. Capital World Investors increased its position in shares of Spotify Technology by 40.7% in the third quarter. Capital World Investors now owns 2,730,713 shares of the company’s stock worth $1,906,260,000 after purchasing an additional 789,755 shares during the period. Fisher Asset Management LLC raised its stake in Spotify Technology by 4.6% in the third quarter. Fisher Asset Management LLC now owns 2,602,625 shares of the company’s stock valued at $1,816,632,000 after purchasing an additional 113,612 shares in the last quarter. Coatue Management LLC raised its stake in Spotify Technology by 13.3% in the third quarter. Coatue Management LLC now owns 1,803,173 shares of the company’s stock valued at $1,258,615,000 after purchasing an additional 212,006 shares in the last quarter. Finally, Sands Capital Management LLC lifted its position in Spotify Technology by 14.2% during the third quarter. Sands Capital Management LLC now owns 1,547,640 shares of the company’s stock worth $1,080,253,000 after purchasing an additional 192,837 shares during the period. 84.09% of the stock is owned by institutional investors and hedge funds.

Spotify Technology News Summary

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

• Positive Sentiment: Daiwa Capital (Daiwa Securities Group) initiated coverage with a Buy/Outperform and a $535 price target, signaling institutional conviction and providing a near‑term catalyst for investors seeking analyst-driven flow. Read More.
• Positive Sentiment: Spotify launched SongDNA in beta for Premium users — a discovery/credits feature that could boost engagement, creator relationships and retention if broadly adopted, supporting long‑term monetization. Read More.
• Neutral Sentiment: Analysis pieces are focusing on valuation after a recent slowdown in share momentum; the stock’s short‑term weakness has drawn attention to whether current prices better reflect longer‑term growth prospects. This is analysis‑driven news rather than a direct operational update. Read More.
• Neutral Sentiment: Note: a press item in the feed refers to an unrelated company using the SPOT ticker (EarthLabs Inc., TSXV: SPOT). That is not Spotify Technology — avoid ticker confusion when reading secondary coverage. Read More.
• Negative Sentiment: Coverage highlights leadership challenges and strategic questions (“Spotify’s crossroads”), which can raise investor concern about execution risk and slow sentiment recovery while management addresses open fronts. Read More.
• Negative Sentiment: Market reports show recent session declines and short‑term selling pressure, reinforcing the momentum headwinds cited in valuation writeups and contributing to the share price pullback. Read More.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Arete Research raised shares of Spotify Technology from a “neutral” rating to a “buy” rating and set a $586.00 target price on the stock in a report on Thursday, February 26th. Moffett Nathanson started coverage on shares of Spotify Technology in a report on Tuesday, January 27th. They set a “neutral” rating and a $487.00 price target for the company. Barclays increased their price target on shares of Spotify Technology from $625.00 to $650.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Benchmark decreased their price objective on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Finally, Cantor Fitzgerald lowered their price objective on shares of Spotify Technology from $615.00 to $525.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Spotify Technology presently has an average rating of “Moderate Buy” and a consensus target price of $699.00.

Spotify Technology Trading Up 0.2%

SPOT stock opened at $473.45 on Monday. The stock has a market capitalization of $97.48 billion, a P/E ratio of 49.11, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66. Spotify Technology has a 12 month low of $405.00 and a 12 month high of $785.00. The firm has a 50-day moving average price of $492.21 and a 200-day moving average price of $580.11.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $2.00. The company had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.14 billion. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.88 EPS. As a group, equities analysts predict that Spotify Technology will post 10.3 EPS for the current fiscal year.

Spotify Technology Profile

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.