<div id="readability-page-1"><p>Natixis Advisors LLC trimmed its holdings in shares of  Spotify Technology (NYSE:SPOT - Free Report) by 55.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,396 shares of the company's stock after selling 87,802 shares during the quarter. Natixis Advisors LLC's holdings in Spotify Technology were worth $41,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>Spotify Technology</strong> alerts:</span></p></div><ul><li>Peloton Stock Gives Back Gains After Upbeat Earnings Report</li></ul><p>Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. AXQ Capital LP grew its holdings in shares of  Spotify Technology by 152.7% during the fourth quarter. AXQ Capital LP now owns 1,170 shares of the company's stock valued at $679,000 after buying an additional 707 shares during the last quarter.  Thompson Siegel &amp; Walmsley LLC grew its holdings in shares of  Spotify Technology by 32.3% during the fourth quarter. Thompson Siegel &amp; Walmsley LLC now owns 14,345 shares of the company's stock valued at $8,330,000 after buying an additional 3,500 shares during the last quarter.  Peapack Gladstone Financial Corp grew its holdings in shares of  Spotify Technology by 7.0% during the fourth quarter. Peapack Gladstone Financial Corp now owns 10,225 shares of the company's stock valued at $5,938,000 after buying an additional 665 shares during the last quarter.  Nomura Asset Management Co. Ltd. grew its holdings in shares of  Spotify Technology by 4.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 53,668 shares of the company's stock valued at $31,166,000 after buying an additional 2,066 shares during the last quarter.  Finally, AXS Investments LLC grew its holdings in shares of  Spotify Technology by 12.3% during the fourth quarter. AXS Investments LLC now owns 4,064 shares of the company's stock valued at $2,360,000 after buying an additional 444 shares during the last quarter. 84.09% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Analyst Ratings Changes</h2><p>Several research firms have commented on SPOT. Barclays upped their price target on shares of Spotify Technology from $500.00 to $565.00 and gave the company an &#34;overweight&#34; rating in a report on Friday, May 22nd. Daiwa Securities Group began coverage on shares of Spotify Technology in a report on Thursday, March 26th. They issued an &#34;outperform&#34; rating and a $535.00 price target on the stock. Arete Research raised shares of Spotify Technology from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and set a $586.00 price target on the stock in a report on Thursday, February 26th. KeyCorp lowered their price target on shares of Spotify Technology from $745.00 to $680.00 and set an &#34;overweight&#34; rating on the stock in a report on Wednesday, April 29th. Finally, Pivotal Research lowered their price target on shares of Spotify Technology from $420.00 to $400.00 and set a &#34;hold&#34; rating on the stock in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned  a Buy rating and six have issued  a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $655.92.</p><ul><li>MarketBeat Week in Review – 04/27 - 05/01</li></ul><p><b>Read Our Latest Stock Analysis on Spotify Technology</b></p><h2>Spotify Technology Trading Down 2.6%</h2><p>SPOT stock opened at $488.24 on Thursday. The company has a market cap of $100.52 billion, a price-to-earnings ratio of 38.90, a PEG ratio of 1.22 and a beta of 1.56. Spotify Technology has a 12 month low of $405.00 and a 12 month high of $785.00. The firm has a 50-day moving average of $480.38 and a two-hundred day moving average of $516.21. </p><ul><li>Spotify’s Ad Slump Raises a Bigger Question Than You Think</li></ul><p>Spotify Technology (NYSE:SPOT - Get Free Report) last released 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. The company had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.23 billion. Spotify Technology had a net margin of 15.56% and a return on equity of 35.73%. Spotify Technology's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.07 EPS.  As a group, equities analysts forecast that  Spotify Technology will post 14.72 earnings per share for the current year. </p><h2>Insider Buying and Selling</h2><p>In other Spotify Technology news, CEO Alex Norstrom sold 5,436 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $479.51, for a total value of $2,606,616.36. Following the completion of the sale, the chief executive officer owned 69,989 shares in the company, valued at approximately $33,560,425.39. This represents a 7.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, Director Sven Hans Martin Lorentzon sold 35,380 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $525.73, for a total transaction of $18,600,327.40. Following the completion of the sale, the director owned 6,383 shares of the company's stock, valued at approximately $3,355,734.59. The trade was a 84.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 111,442 shares of company stock worth $54,647,508 in the last 90 days. Corporate insiders own  0.40% of the company's stock. </p><h2>About Spotify Technology</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Spotify Technology</li><li>Coke's $10B India IPO Plan Pops the Top on Hidden Value</li><li>FedEx Unboxes Billions in Post-Spinoff Value</li><li>Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow</li><li>Palo Alto Networks Accelerates Growth 31% on AI Demand</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNQT1Q?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNQT1Q"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Spotify Technology Right Now?</h2><p>Before you consider Spotify Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spotify Technology wasn't on the list.</p><p>While Spotify Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SPOT

<p>Natixis Advisors LLC reduced its Spotify Technology holdings by 55.2% in Q4, selling 87,802 shares to retain 71,396 shares valued at $41.46 million. Conversely, several other institutions increased their stakes: AXQ Capital LP rose 152.7%, Thompson Siegel & Walmsley LLC grew 32.3%, Peapack Gladstone Financial Corp added 7.0%, Nomura Asset Management Co. Ltd. increased 4.0%, and AXS Investments LLC grew 12.3%. Institutional ownership stands at 84.09%. Analyst ratings remain predominantly positive with a 'Moderate Buy' consensus.</p>

Market Beat

Spotify

Peloton Interactive

Peapack-Gladstone

Nomura

Nomura Holdings, Inc.

Barclays

Daiwa Securities Group Inc.

KeyCorp

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Spotify Technology $SPOT Shares Sold by Natixis Advisors LLC