Aviva PLC Has $98.63 Million Stock Holdings in Spotify Technology $SPOT

Aviva PLC grew its holdings in Spotify Technology (NYSE:SPOT) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 169,843 shares of the company’s stock after buying an additional 7,278 shares during the quarter. Aviva PLC’s holdings in Spotify Technology were worth $98,630,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Banco BTG Pactual S.A. acquired a new stake in Spotify Technology in the fourth quarter worth about $257,000. Kovack Advisors Inc. grew its position in shares of Spotify Technology by 21.6% during the 4th quarter. Kovack Advisors Inc. now owns 602 shares of the company’s stock worth $320,000 after buying an additional 107 shares during the period. Polen Capital Management LLC grew its position in shares of Spotify Technology by 547.0% during the 4th quarter. Polen Capital Management LLC now owns 71,658 shares of the company’s stock worth $41,612,000 after buying an additional 60,583 shares during the period. Nuveen LLC raised its holdings in Spotify Technology by 4.1% during the 4th quarter. Nuveen LLC now owns 798,010 shares of the company’s stock worth $463,412,000 after buying an additional 31,778 shares during the period. Finally, Xponance LLC raised its holdings in Spotify Technology by 3.6% during the 4th quarter. Xponance LLC now owns 24,345 shares of the company’s stock worth $14,137,000 after buying an additional 851 shares during the period. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Spotify Technology News Roundup

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

• Positive Sentiment: Spotify’s Investor Day “North Star” outlook appears to have impressed investors, with the company signaling a clearer growth path and renewed confidence in its strategy. Spotify’s “North Star” Outlook Was Music to Investors Ears
• Positive Sentiment: Analysts remain constructive on SPOT, citing meaningful upside potential and a large majority of Buy ratings, which supports the case for longer-term gains. Analyst Remains Positive on Spotify (SPOT) Despite 14% Drop In 2026 So Far
• Neutral Sentiment: Recent coverage also said Spotify is not deliberately uploading AI artists or music, helping reduce confusion around that issue but not materially changing the investment story. No, Spotify isn’t deliberately uploading AI artists and music
• Negative Sentiment: Spotify is facing reputational pressure after reports that it removed more than 57,000 opioid-related podcasts, with criticism that it did not report the content to law enforcement sooner. Spotify quietly took down over 57,000 podcasts peddling opioids, a US senator says
• Negative Sentiment: Short-term trading has turned weaker, with SPOT slipping in the latest sessions and giving back some of the earlier post-Investor Day gains. Spotify (SPOT) Stock Slides as Market Rises: Facts to Know Before You Trade

Insider Buying and Selling at Spotify Technology

In other news, Director Thomas O. Staggs sold 5,477 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $526.00, for a total transaction of $2,880,902.00. Following the sale, the director directly owned 3,619 shares of the company’s stock, valued at approximately $1,903,594. This represents a 60.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sven Hans Martin Lorentzon sold 35,380 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $525.73, for a total value of $18,600,327.40. Following the sale, the director directly owned 6,383 shares in the company, valued at approximately $3,355,734.59. This trade represents a 84.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 111,442 shares of company stock valued at $54,647,508 in the last quarter. Company insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Benchmark cut their target price on Spotify Technology from $760.00 to $695.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. The Goldman Sachs Group dropped their price objective on Spotify Technology from $670.00 to $600.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Cantor Fitzgerald boosted their target price on Spotify Technology from $430.00 to $520.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Rosenblatt Securities boosted their target price on Spotify Technology from $500.00 to $534.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Finally, Canaccord Genuity Group decreased their target price on Spotify Technology from $750.00 to $720.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $655.92.

Spotify Technology Trading Down 3.4%

SPOT stock opened at $486.06 on Friday. The firm has a market capitalization of $100.07 billion, a PE ratio of 38.73, a PEG ratio of 1.23 and a beta of 1.56. Spotify Technology has a 1-year low of $405.00 and a 1-year high of $785.00. The business’s 50 day simple moving average is $482.58 and its 200 day simple moving average is $511.09.

Spotify Technology (NYSE:SPOT) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $4.04 EPS for the quarter, beating analysts’ consensus estimates of $3.41 by $0.63. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.The firm had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period in the prior year, the firm posted $1.07 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. As a group, sell-side analysts predict that Spotify Technology will post 14.72 EPS for the current fiscal 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.