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

Dakota Wealth Management cut its holdings in shares of Spotify Technology (NYSE:SPOT) by 93.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,644 shares of the company’s stock after selling 22,082 shares during the quarter. Dakota Wealth Management’s holdings in Spotify Technology were worth $955,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SPOT. Quadcap Wealth Management LLC increased its position in shares of Spotify Technology by 5.7% in the third quarter. Quadcap Wealth Management LLC now owns 295 shares of the company’s stock valued at $206,000 after acquiring an additional 16 shares during the last quarter. Sage Mountain Advisors LLC boosted its position in Spotify Technology by 6.3% during the third quarter. Sage Mountain Advisors LLC now owns 289 shares of the company’s stock valued at $201,000 after purchasing an additional 17 shares during the last quarter. Fullerton Fund Management Co Ltd. grew its stake in Spotify Technology by 7.0% in the second quarter. Fullerton Fund Management Co Ltd. now owns 276 shares of the company’s stock valued at $212,000 after purchasing an additional 18 shares in the last quarter. Sagespring Wealth Partners LLC grew its stake in Spotify Technology by 2.9% in the fourth quarter. Sagespring Wealth Partners LLC now owns 636 shares of the company’s stock valued at $370,000 after purchasing an additional 18 shares in the last quarter. Finally, Granite Group Advisors LLC increased its position in shares of Spotify Technology by 2.6% during the 3rd quarter. Granite Group Advisors LLC now owns 756 shares of the company’s stock worth $528,000 after purchasing an additional 19 shares during the last quarter. 84.09% of the stock is currently 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

A number of brokerages have recently issued reports on SPOT. The Goldman Sachs Group upgraded Spotify Technology from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $735.00 to $700.00 in a research note on Friday, January 23rd. Moffett Nathanson began coverage on shares of Spotify Technology in a research note on Tuesday, January 27th. They issued a “neutral” rating and a $487.00 target price for the company. Barclays upped 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. Weiss Ratings cut shares of Spotify Technology from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, February 26th. Finally, Wells Fargo & Company decreased their price objective on shares of Spotify Technology from $750.00 to $710.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $699.00.

Spotify Technology Trading Up 0.2%

Spotify Technology stock opened at $473.45 on Monday. The stock’s 50 day moving average is $492.21 and its 200-day moving average is $580.11. Spotify Technology has a 12 month low of $405.00 and a 12 month high of $785.00. The company has a market capitalization of $97.48 billion, a price-to-earnings ratio of 49.11, a PEG ratio of 1.03 and a beta of 1.66.

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