World Investment Advisors Purchases 1,165 Shares of Spotify Technology $SPOT

Posted by Stanley Muller on May 17th, 2026

World Investment Advisors increased its position in shares of Spotify Technology (NYSE:SPOT – Free Report) by 59.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,128 shares of the company’s stock after purchasing an additional 1,165 shares during the period. World Investment Advisors’ holdings in Spotify Technology were worth $1,816,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Greykasell Wealth Strategies Inc. raised its position in shares of Spotify Technology by 3,800.0% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock valued at $27,000 after purchasing an additional 38 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Spotify Technology during the 3rd quarter valued at $26,000. Westfuller Advisors LLC bought a new stake in Spotify Technology in the 3rd quarter valued at $29,000. JPL Wealth Management LLC bought a new stake in Spotify Technology in the 3rd quarter valued at $35,000. Finally, Chilton Capital Management LLC lifted its stake in Spotify Technology by 183.3% in the 3rd quarter. Chilton Capital Management LLC now owns 51 shares of the company’s stock worth $36,000 after purchasing an additional 33 shares in the last quarter. 84.09% of the stock is currently owned by institutional investors.

Key Headlines Impacting Spotify Technology

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

Positive Sentiment: Spotify said it will adopt Apple’s HLS video technology for podcasts, a move that should make it easier for creators to distribute and monetize video podcasts across platforms, including Apple Podcasts. That could broaden Spotify-hosted content’s reach and support engagement with creators. TechCrunch article
Positive Sentiment: Related coverage from multiple outlets emphasized that Spotify’s hosting platforms are adopting Apple’s video podcast technology, reinforcing the idea that the company is improving creator tools and cross-platform publishing. MacRumors article
Neutral Sentiment: Spotify also cut prices for its Premium Standard tier in India and discontinued Premium Lite there. The move could help subscriber growth in a key market, but it may also pressure average revenue per user, so the overall stock impact is unclear. Moneycontrol article
Negative Sentiment: Pomerantz LLP announced an investigation into claims on behalf of Spotify investors, adding a potential legal and headline-risk overhang that can weigh on sentiment. PR Newswire article

Spotify Technology Stock Up 1.0%

SPOT opened at $436.74 on Friday. The business has a fifty day moving average of $487.47 and a 200 day moving average of $530.60. The stock has a market cap of $89.92 billion, a P/E ratio of 34.80, a PEG ratio of 1.05 and a beta of 1.55. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $785.00.

Spotify Technology (NYSE:SPOT – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $4.04 earnings per share for the quarter, topping analysts’ consensus estimates of $3.41 by $0.63. The business had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.23 billion. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.The business’s revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.07 earnings per share. Equities analysts anticipate that Spotify Technology will post 14.87 EPS for the current fiscal year.

Insider Activity

In other Spotify Technology news, CEO Alex Norstrom sold 5,436 shares of the business’s 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 directly owned 69,989 shares of the company’s stock, valued at $33,560,425.39. The trade was a 7.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gustav Soderstrom sold 20,833 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $473.52, for a total transaction of $9,864,842.16. Following the completion of the transaction, the chief executive officer owned 20,609 shares in the company, valued at $9,758,773.68. This represents a 50.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 47,102 shares of company stock worth $21,444,648 in the last ninety days. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

SPOT has been the subject of several research reports. Cantor Fitzgerald dropped their price objective on shares of Spotify Technology from $525.00 to $430.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their target price on Spotify Technology from $700.00 to $600.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Daiwa Securities Group initiated coverage on Spotify Technology in a research report on Thursday, March 26th. They issued an “outperform” rating and a $535.00 target price on the stock. Pivotal Research dropped their price target on Spotify Technology from $420.00 to $400.00 and set a “hold” rating for the company in a research note on Wednesday, April 29th. Finally, Canaccord Genuity Group reduced their price objective on Spotify Technology from $750.00 to $720.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Spotify Technology currently has a consensus rating of “Moderate Buy” and an average target price of $645.77.

Check Out Our Latest Analysis on Spotify Technology

Spotify Technology Company Profile

(Free Report)

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.