CreativeOne Wealth LLC Sells 1,026 Shares of Spotify Technology $SPOT

CreativeOne Wealth LLC lessened its holdings in shares of Spotify Technology (NYSE:SPOT) by 53.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 885 shares of the company’s stock after selling 1,026 shares during the period. CreativeOne Wealth LLC’s holdings in Spotify Technology were worth $618,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Helios Capital Management PTE. Ltd. increased its stake in shares of Spotify Technology by 56.3% in the third quarter. Helios Capital Management PTE. Ltd. now owns 7,500 shares of the company’s stock valued at $5,235,000 after buying an additional 2,700 shares during the period. Bessemer Group Inc. lifted its stake in shares of Spotify Technology by 35.1% in the third quarter. Bessemer Group Inc. now owns 682,639 shares of the company’s stock worth $476,483,000 after acquiring an additional 177,310 shares during the period. Truxt Investmentos Ltda. acquired a new position in shares of Spotify Technology in the third quarter worth approximately $2,093,000. Ownership Capital B.V. bought a new stake in Spotify Technology in the third quarter valued at approximately $2,769,000. Finally, Generali Asset Management SPA SGR boosted its holdings in Spotify Technology by 30.9% in the third quarter. Generali Asset Management SPA SGR now owns 68,023 shares of the company’s stock valued at $46,692,000 after acquiring an additional 16,054 shares during the last quarter. Institutional investors own 84.09% of the company’s stock.

Trending Headlines about Spotify Technology

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

• Positive Sentiment: SongDNA beta is getting strong early-user feedback — the new discovery/metadata feature could boost engagement and differentiation versus rivals, supporting longer-term subscriber and ad revenue growth. Spotify’s SongDNA is already a hit with early access beta listeners
• Positive Sentiment: Product stickiness highlighted — a user-focused piece lists features that keep customers from leaving, underscoring retention advantages (playlists, discovery, cross-platform UX) that help monetization and reduce churn risk. I tried to quit Spotify, but these 4 features keep bringing me back
• Positive Sentiment: Investor attention rising — analysts and retail interest point to Spotify’s improving fundamentals and product initiatives as reasons investors are watching SPOT more closely, which can support multiple expansion if growth continues. Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Valuation debate after a sharp short-term rally — commentary examines whether the recent share-price surge already prices in expected subscriber and ad growth; valuation appears stretched to some investors despite strong recent returns. Is Spotify (SPOT) Still Attractive After Its Recent Share Price Surge?
• Negative Sentiment: Industry criticism resurfaces — pieces questioning Spotify’s claim that it “saved” the music industry highlight ongoing disputes over royalties and artist relations, which could invite reputational or regulatory scrutiny. Spotify says it’s saved the music industry, but not everyone is convinced
• Negative Sentiment: Near-term volatility noted — market reports flag recent daily declines where SPOT fell more than the broader market, reflecting profit-taking after the rally and sensitivity to macro/tech flows. Spotify (SPOT) Declines More Than Market: Some Information for Investors

Wall Street Analyst Weigh In

Several research analysts have issued reports on SPOT shares. Arete Research upgraded shares of Spotify Technology from a “neutral” rating to a “buy” rating and set a $586.00 price target for the company in a report on Thursday, February 26th. Wells Fargo & Company reduced their price objective on shares of Spotify Technology from $750.00 to $710.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 13th. Citizens Jmp initiated coverage on shares of Spotify Technology in a research report on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 price objective for the company. Cantor Fitzgerald lowered their target price on shares of Spotify Technology from $615.00 to $525.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Finally, Erste Group Bank lowered shares of Spotify Technology from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $703.87.

Spotify Technology Stock Performance

Spotify Technology stock opened at $508.98 on Friday. The stock has a market capitalization of $104.79 billion, a price-to-earnings ratio of 52.80, a PEG ratio of 1.13 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 50 day moving average price is $503.50 and its two-hundred day moving average price is $597.31.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $5.16 EPS for the quarter, topping 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 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 posted $1.88 EPS. The company’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities research analysts forecast that Spotify Technology will post 10.3 EPS 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.