Artisan Partners Limited Partnership Increases Stake in Spotify Technology $SPOT

Artisan Partners Limited Partnership increased its position in shares of Spotify Technology (NYSE:SPOT) by 45.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 940,457 shares of the company’s stock after buying an additional 295,854 shares during the period. Spotify Technology accounts for 0.9% of Artisan Partners Limited Partnership’s holdings, making the stock its 29th biggest position. Artisan Partners Limited Partnership owned about 0.46% of Spotify Technology worth $656,439,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in SPOT. Sivia Capital Partners LLC purchased a new position in Spotify Technology in the 2nd quarter valued at about $312,000. Brighton Jones LLC raised its stake in Spotify Technology by 998.6% during the second quarter. Brighton Jones LLC now owns 656 shares of the company’s stock worth $503,000 after purchasing an additional 729 shares during the period. Wealthfront Advisers LLC increased its stake in Spotify Technology by 19.4% during the second quarter. Wealthfront Advisers LLC now owns 1,401 shares of the company’s stock worth $1,075,000 after acquiring an additional 228 shares during the last quarter. Advisory Alpha LLC purchased a new stake in Spotify Technology in the 2nd quarter valued at about $226,000. Finally, New York Life Investment Management LLC purchased a new position in shares of Spotify Technology during the 2nd quarter worth approximately $246,000. 84.09% of the stock is currently owned by institutional investors and hedge funds.

More Spotify Technology News

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

• Positive Sentiment: Analyst upgrades and price-target lift: Arete Research moved SPOT from neutral to buy with a $586 target, and a separate research upgrade highlighted stronger premium gross margins and “margin durability” — both signals that helped reduce investor concern about profitability and likely triggered buying. Arete Research / Finviz
• Positive Sentiment: Analyst note + market reaction: Coverage noting margin upside and manageable AI-related risks was flagged in market commentary as a reason for momentum following Spotify’s recent earnings reset (investor repositioning around improving operating leverage). QuiverQuant: Analyst Upgrade & Margin Upside
• Positive Sentiment: Sector tailwinds: industry pieces highlight that streaming platforms (including Spotify) are benefiting from a mix of ad growth, subscriptions and AI-driven personalization — a backdrop that supports higher monetization potential and investor appetite. Yahoo Finance: Must-Track Streaming Stocks
• Positive Sentiment: Product update that may boost engagement: Spotify rolled out “Smart Reorder” for playlists, a feature aimed at improving listening experience and playlist utility — a small but positive UX/engagement catalyst over time. Android Police: Smart Reorder
• Neutral Sentiment: Valuation and pullback analysis: Commentary assessing whether the recent price pullback makes SPOT attractive flags mixed signals — solid long-term gains but notable YTD and 1‑year declines that keep valuation debate active among investors. Yahoo Finance: Is Spotify Now Attractive?
• Negative Sentiment: Bearish outlook from Guggenheim: A recent pessimistic forecast raises downside concerns and reminds investors there is still disagreement on fair valuation and long-term upside, which could cap gains if more firms adopt a cautious view. American Banking News: Guggenheim Pessimistic Forecast

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on SPOT shares. Benchmark reduced their price target on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. Rosenblatt Securities lowered their target price on shares of Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Wall Street Zen raised Spotify Technology from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Citizens Jmp began coverage on Spotify Technology in a research note on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 price objective for the company. Finally, Erste Group Bank lowered shares of Spotify Technology from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Spotify Technology has a consensus rating of “Moderate Buy” and an average target price of $698.91.

Spotify Technology Stock Up 7.0%

Shares of NYSE:SPOT opened at $495.71 on Friday. The company has a market capitalization of $102.03 billion, a P/E ratio of 51.42, a P/E/G ratio of 1.01 and a beta of 1.66. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $785.00. The stock’s fifty day simple moving average is $513.96 and its 200-day simple moving average is $609.42.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings data 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. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The business had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.14 billion. During the same quarter in the prior year, the firm posted $1.88 earnings per share. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Spotify Technology will post 10.3 earnings per share for the current year.

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.