Flossbach Von Storch SE Invests $33.02 Million in Spotify Technology $SPOT

Posted by Stanley Muller on Aug 20th, 2026

Flossbach Von Storch SE acquired a new stake in shares of Spotify Technology (NYSE:SPOT – Free Report) during the second quarter, HoldingsChannel.com reports. The fund acquired 71,921 shares of the company’s stock, valued at approximately $33,021,000.

Other institutional investors have also made changes to their positions in the company. JPL Wealth Management LLC bought a new stake in Spotify Technology during the third quarter worth approximately $35,000. Kemnay Advisory Services Inc. acquired a new position in Spotify Technology during the fourth quarter valued at approximately $32,000. Osbon Capital Management LLC bought a new position in shares of Spotify Technology in the fourth quarter valued at approximately $35,000. Wilmington Savings Fund Society FSB raised its position in shares of Spotify Technology by 85.7% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 65 shares of the company’s stock valued at $38,000 after purchasing an additional 30 shares during the period. Finally, Portus Wealth Advisors LLC acquired a new stake in shares of Spotify Technology in the first quarter worth $32,000. 84.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

SPOT has been the subject of several recent analyst reports. Barclays upped their price objective on shares of Spotify Technology from $500.00 to $565.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. JPMorgan Chase & Co. boosted their target price on shares of Spotify Technology from $600.00 to $650.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. Guggenheim restated a “buy” rating and set a $565.00 price target on shares of Spotify Technology in a report on Wednesday, August 5th. Cantor Fitzgerald raised their price target on Spotify Technology from $510.00 to $530.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, KeyCorp dropped their price objective on Spotify Technology from $745.00 to $680.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $609.05.

Check Out Our Latest Report on Spotify Technology

Spotify Technology Trading Up 3.3%

Shares of SPOT stock opened at $533.36 on Thursday. The firm has a market capitalization of $109.81 billion, a P/E ratio of 33.21, a price-to-earnings-growth ratio of 1.26 and a beta of 1.58. Spotify Technology has a 1 year low of $405.00 and a 1 year high of $745.00. The firm’s fifty day simple moving average is $484.25 and its 200 day simple moving average is $484.94.

Spotify Technology (NYSE:SPOT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $2.98 earnings per share for the quarter, missing analysts’ consensus estimates of $3.16 by ($0.18). The company had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.47 billion. Spotify Technology had a net margin of 18.44% and a return on equity of 41.39%. Spotify Technology’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period last year, the company earned ($0.42) earnings per share. Equities research analysts anticipate that Spotify Technology will post 14.3 EPS for the current fiscal year.

Insider Buying and Selling at Spotify Technology

In other news, Director Christopher P. Marshall sold 2,650 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $519.86, for a total transaction of $1,377,629.00. Following the completion of the transaction, the director owned 4,039 shares of the company’s stock, valued at approximately $2,099,714.54. This represents a 39.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas O. Staggs sold 5,477 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $526.00, for a total transaction of $2,880,902.00. Following the completion of the sale, the director owned 3,619 shares of the company’s stock, valued at approximately $1,903,594. The trade was a 60.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 116,878 shares of company stock valued at $59,081,110 in the last three months. Company insiders own 0.40% of the company’s stock.

About Spotify Technology

(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.