Dockside LLC Takes Position in Spotify Technology $SPOT

Posted by ABMN Staff on Jun 15th, 2026

Dockside LLC purchased a new position in shares of Spotify Technology (NYSE:SPOT – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,543 shares of the company’s stock, valued at approximately $896,000.

Several other large investors also recently bought and sold shares of the company. Entropy Technologies LP acquired a new position in shares of Spotify Technology during the fourth quarter worth $6,399,000. Evelyn Partners Investment Management LLP lifted its position in shares of Spotify Technology by 4.8% during the fourth quarter. Evelyn Partners Investment Management LLP now owns 2,171 shares of the company’s stock worth $1,261,000 after purchasing an additional 100 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of Spotify Technology by 33.2% during the fourth quarter. Brown Advisory Inc. now owns 834,718 shares of the company’s stock worth $484,744,000 after purchasing an additional 207,902 shares in the last quarter. Aigen Investment Management LP acquired a new position in shares of Spotify Technology during the fourth quarter worth $1,182,000. Finally, Aptus Capital Advisors LLC lifted its position in shares of Spotify Technology by 17.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 979 shares of the company’s stock worth $569,000 after purchasing an additional 142 shares in the last quarter. Institutional investors and hedge funds own 84.09% of the company’s stock.

Spotify Technology Stock Down 0.3%

Shares of SPOT opened at $480.77 on Monday. The business’s 50 day moving average is $482.76 and its two-hundred day moving average is $510.35. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $785.00. The firm has a market cap of $98.98 billion, a price-to-earnings ratio of 38.31, a PEG ratio of 1.18 and a beta of 1.56.

Spotify Technology (NYSE:SPOT – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $4.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.41 by $0.63. The business had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.23 billion. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.The business’s revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.07 EPS. On average, equities analysts expect that Spotify Technology will post 14.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SPOT has been the topic of a number of recent research reports. Canaccord Genuity Group reduced their target price on shares of Spotify Technology from $750.00 to $720.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their target price on shares of Spotify Technology from $600.00 to $650.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. Wells Fargo & Company boosted their target price on shares of Spotify Technology from $580.00 to $600.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. UBS Group cut their target price on Spotify Technology from $760.00 to $735.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Finally, Benchmark cut their target price on Spotify Technology from $760.00 to $695.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $655.92.

Check Out Our Latest Stock Report on SPOT

Insider Buying and Selling at Spotify Technology

In related news, CEO Alex Norstrom sold 5,436 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $479.51, for a total transaction of $2,606,616.36. Following the sale, the chief executive officer directly owned 69,989 shares of the company’s stock, valued at approximately $33,560,425.39. This represents a 7.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Thomas O. Staggs sold 5,477 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $526.00, for a total value of $2,880,902.00. Following the sale, the director directly owned 3,619 shares in the company, valued at approximately $1,903,594. This represents a 60.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 111,442 shares of company stock worth $54,647,508. 0.40% of the stock is owned by insiders.

Key Spotify Technology News

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

Positive Sentiment: Spotify’s Investor Day emphasized long-term growth targets focused on increasing subscriber conversion and strengthening its broader brand and AI-driven strategy, which investors viewed favorably. Spotify’s “North Star” Outlook Was Music to Investors Ears
Positive Sentiment: Spotify also brought in a new head of PR and communications, signaling a stronger focus on reputation management and clearer messaging as it expands its content and AI initiatives. Will Spotify (SPOT) Elevate Its Brand Narrative As AI Strategy Deepens Under New PR Leadership?
Neutral Sentiment: Spotify reversed its iPhone app icon change after user backlash, a small brand-related issue that is unlikely to materially affect fundamentals. Spotify reverts iPhone app icon to original after disco-ball backlash
Negative Sentiment: Several analysts trimmed earnings estimates slightly, including Erste Group Bank lowering FY2026 and FY2027 EPS forecasts, which adds a modest headwind to sentiment. Spotify Technology (SPOT) analyst estimate updates
Negative Sentiment: Recent trading has also reflected broader weakness, with SPOT sliding in the latest sessions even as the market rose, suggesting investors are still cautious after a strong run. Spotify (SPOT) Stock Slides as Market Rises: Facts to Know Before You Trade

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.