Spotify Technology $SPOT Shares Bought by Sei Investments Co.

Key Points

• Sei Investments raised its stake in Spotify by 15.1%, buying 77,875 shares to hold 593,472 shares (~0.29% of the company) worth about $414.25 million, while institutional investors now own roughly 84.09% of SPOT and other large managers (e.g., Capital World Investors) also meaningfully increased positions.
• Spotify posted a big quarterly beat with EPS $5.16 vs. $3.16 expected and revenue of $5.32 billion, showing strong profitability (ROE 31.35%, net margin 13.16%), and Wall Street holds a consensus "Moderate Buy" with an average price target near $703.87.

Sei Investments Co. raised its holdings in Spotify Technology (NYSE:SPOT - Free Report) by 15.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 593,472 shares of the company's stock after buying an additional 77,875 shares during the period. Sei Investments Co. owned approximately 0.29% of Spotify Technology worth $414,247,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. State Street Corp increased its position in shares of Spotify Technology by 1.7% during the second quarter. State Street Corp now owns 4,574,228 shares of the company's stock worth $3,509,988,000 after acquiring an additional 74,256 shares during the period. Capital World Investors boosted its holdings in Spotify Technology by 40.7% in the third quarter. Capital World Investors now owns 2,730,713 shares of the company's stock valued at $1,906,260,000 after purchasing an additional 789,755 shares during the period. Fisher Asset Management LLC grew its stake in Spotify Technology by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 2,602,625 shares of the company's stock worth $1,816,632,000 after purchasing an additional 113,612 shares in the last quarter. Geode Capital Management LLC grew its stake in Spotify Technology by 3.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,568,502 shares of the company's stock worth $1,192,730,000 after purchasing an additional 49,377 shares in the last quarter. Finally, Sands Capital Management LLC increased its holdings in Spotify Technology by 14.2% during the 3rd quarter. Sands Capital Management LLC now owns 1,547,640 shares of the company's stock worth $1,080,253,000 after purchasing an additional 192,837 shares during the period. Institutional investors and hedge funds own 84.09% of the company's stock.

Spotify Technology Price Performance

Shares of NYSE SPOT opened at $508.98 on Friday. The business has a 50-day moving average of $503.50 and a two-hundred day moving average of $597.31. The company has a market capitalization of $104.79 billion, a price-to-earnings ratio of 52.80, a price-to-earnings-growth ratio of 1.13 and a beta of 1.66. Spotify Technology has a 1 year low of $405.00 and a 1 year high of $785.00.

Spotify Technology (NYSE:SPOT - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $5.16 EPS for the quarter, beating 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 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 business posted $1.88 EPS. The business's revenue for the quarter was up 6.8% on a year-over-year basis. As a group, equities research analysts expect that Spotify Technology will post 10.3 earnings per share for the current year.

Key Headlines Impacting 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

A number of equities research analysts have issued reports on the company. Benchmark reduced their price target on Spotify Technology from $860.00 to $760.00 and set a "buy" rating on the stock in a research report on Friday, January 16th. Barclays boosted their price objective on Spotify Technology from $625.00 to $650.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 11th. Citigroup upgraded shares of Spotify Technology from a "neutral" rating to a "buy" rating and set a $650.00 target price on the stock in a research note on Friday, January 30th. The Goldman Sachs Group raised shares of Spotify Technology from a "neutral" rating to a "buy" rating and reduced their target price for the company from $735.00 to $700.00 in a report on Friday, January 23rd. Finally, Sanford C. Bernstein decreased their price target on shares of Spotify Technology from $830.00 to $650.00 and set an "outperform" rating for the company in a research note on Wednesday, January 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $703.87.

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.

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