Spotify Technology (NYSE:SPOT) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Spotify Technology (NYSE:SPOT). In a filing disclosed on January 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Spotify Technology stock on December 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
  • Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
  • Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
  • Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
  • Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
  • Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
  • Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
  • Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
  • Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
  • Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

Spotify Technology Price Performance

NYSE:SPOT opened at $528.66 on Thursday. The firm has a market cap of $108.85 billion, a PE ratio of 83.12, a P/E/G ratio of 0.96 and a beta of 1.66. The firm has a 50 day simple moving average of $587.18 and a 200-day simple moving average of $655.15. Spotify Technology has a 1-year low of $475.01 and a 1-year high of $785.00.

Spotify Technology (NYSE:SPOTGet Free Report) last announced its earnings results on Tuesday, November 4th. The company reported $3.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $1.96. The firm had revenue of $5.01 billion for the quarter, compared to analyst estimates of $4.23 billion. Spotify Technology had a net margin of 8.46% and a return on equity of 21.68%. Spotify Technology’s revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.45 earnings per share. As a group, sell-side analysts expect that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

Key Spotify Technology News

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

  • Positive Sentiment: Product differentiation — an MSN piece highlights “5 Spotify features no other music app gets right,” reinforcing Spotify’s competitive strengths that support user engagement and monetization potential. Article Title
  • Positive Sentiment: Analyst backing remains — Wells Fargo trimmed its price target from $750 to $710 but kept an “overweight” rating, implying roughly ~34% upside from current levels and signaling continued institutional confidence. Article Title
  • Neutral Sentiment: Investor interest/attention — Zacks flagged SPOT as a trending stock and published a primer on factors that could affect the name, useful context but not news-driving by itself. Article Title
  • Neutral Sentiment: Wall Street roundup — a Yahoo Finance piece aggregates analyst views and market commentary; it helps explain prevailing sentiment but doesn’t introduce a new catalyst. Article Title
  • Negative Sentiment: Price-target cut from Sanford C. Bernstein — Bernstein lowered its target sharply from $830 to $650 (although it kept an “outperform” rating), which can weigh on sentiment because it reduces upside expectation from prior levels. Article Title
  • Negative Sentiment: User/artist backlash over AI content — reporting shows Spotify users and some creators criticizing AI-generated music (“AI slop”), a reputational and potential regulatory risk that could pressure engagement or invite policy changes. Article Title

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SPOT. The Goldman Sachs Group downgraded Spotify Technology from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $765.00 to $770.00 in a research report on Tuesday, September 30th. Pivotal Research reduced their target price on Spotify Technology from $900.00 to $875.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Spotify Technology in a report on Monday, December 29th. Cantor Fitzgerald dropped their price objective on shares of Spotify Technology from $675.00 to $615.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Finally, Guggenheim cut their price objective on shares of Spotify Technology from $800.00 to $750.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $747.23.

Check Out Our Latest Research Report on SPOT

Institutional Trading of Spotify Technology

A number of institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its position in Spotify Technology by 99.5% during the first quarter. Geneos Wealth Management Inc. now owns 790 shares of the company’s stock valued at $435,000 after buying an additional 394 shares in the last quarter. Private Client Services LLC purchased a new position in shares of Spotify Technology in the 2nd quarter valued at $256,000. Kera Capital Partners Inc. purchased a new position in shares of Spotify Technology in the 2nd quarter valued at $239,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Spotify Technology by 1,958.8% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,400 shares of the company’s stock valued at $1,074,000 after acquiring an additional 1,332 shares in the last quarter. Finally, Verde Capital Management boosted its position in Spotify Technology by 0.8% during the 2nd quarter. Verde Capital Management now owns 8,645 shares of the company’s stock worth $6,634,000 after purchasing an additional 69 shares during the period. Hedge funds and other institutional investors own 84.09% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Spotify Technology

(Get 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.

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