Spotify Technology $SPOT Holdings Lessened by Privium Fund Management B.V.

Key Points

• Privium Fund Management B.V. reduced its stake in Spotify Technology by 21.4%, selling 31,000 shares, but still holds the largest position in the company, representing 18.3% of its total holdings.
• Spotify reported a quarterly loss of ($0.42) earnings per share, significantly missing analysts' expectations, despite revenue growth of 10.1% year-over-year.
• Research analysts have varied price targets for Spotify, with Barclays and Morgan Stanley lowering their targets, while others like Sanford C. Bernstein increased theirs, indicating a consensus rating of "Moderate Buy".

Privium Fund Management B.V. lowered its position in shares of Spotify Technology (NYSE:SPOT - Free Report) by 21.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 114,000 shares of the company's stock after selling 31,000 shares during the period. Spotify Technology comprises about 18.3% of Privium Fund Management B.V.'s holdings, making the stock its largest position. Privium Fund Management B.V. owned 0.06% of Spotify Technology worth $84,822,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SPOT. Tsfg LLC acquired a new position in Spotify Technology during the first quarter worth approximately $28,000. Cornerstone Planning Group LLC boosted its holdings in shares of Spotify Technology by 512.5% in the first quarter. Cornerstone Planning Group LLC now owns 49 shares of the company's stock valued at $29,000 after acquiring an additional 41 shares during the period. Sound Income Strategies LLC grew its position in shares of Spotify Technology by 156.3% during the second quarter. Sound Income Strategies LLC now owns 41 shares of the company's stock worth $31,000 after acquiring an additional 25 shares during the last quarter. GFG Capital LLC acquired a new position in shares of Spotify Technology in the 2nd quarter valued at $33,000. Finally, Truvestments Capital LLC purchased a new stake in Spotify Technology in the 1st quarter valued at $34,000. 84.09% of the stock is owned by institutional investors and hedge funds.

Spotify Technology Trading Up 0.5%

NYSE SPOT opened at $675.03 on Tuesday. The stock has a market capitalization of $138.19 billion, a price-to-earnings ratio of 163.84, a PEG ratio of 3.20 and a beta of 1.67. The business's 50 day moving average is $699.14 and its two-hundred day moving average is $673.60. Spotify Technology has a 12-month low of $376.00 and a 12-month high of $785.00.

Spotify Technology (NYSE:SPOT - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported ($0.42) earnings per share for the quarter, missing analysts' consensus estimates of $2.00 by ($2.42). The business had revenue of $4.94 billion during the quarter, compared to analysts' expectations of $4.29 billion. Spotify Technology had a net margin of 4.76% and a return on equity of 13.67%. The firm's quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.33 earnings per share. Spotify Technology has set its Q3 2025 guidance at EPS. Equities analysts forecast that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Barclays lowered their price objective on shares of Spotify Technology from $800.00 to $750.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. Morgan Stanley lowered their price target on Spotify Technology from $850.00 to $800.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Sanford C. Bernstein upped their price objective on Spotify Technology from $825.00 to $840.00 and gave the company an "outperform" rating in a research note on Tuesday, July 8th. Rosenblatt Securities reaffirmed a "neutral" rating and set a $679.00 price objective on shares of Spotify Technology in a research report on Wednesday, October 1st. Finally, UBS Group dropped their target price on Spotify Technology from $895.00 to $850.00 and set a "buy" rating on the stock in a report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $731.16.

Spotify Technology Company Profile

Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

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