<div id="readability-page-1"><p>Harbour Investments Inc. grew its holdings in shares of  Spotify Technology (NYSE:SPOT - Free Report) by 935.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 2,101 shares of the company's stock after buying an additional 1,898 shares during the quarter. Harbour Investments Inc.'s holdings in Spotify Technology were worth $1,612,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Spotify Technology</strong> alerts:</span></p></div><ul><li>Get Exposure to Millennials' Purchasing Power With This ETF</li></ul><p>Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPOT. Goldman Sachs Group Inc. lifted its position in  Spotify Technology by 1,151.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,740,803 shares of the company's stock worth $957,494,000 after buying an additional 1,601,653 shares in the last quarter.  Jennison Associates LLC lifted its position in  Spotify Technology by 42.3% during the 1st quarter. Jennison Associates LLC now owns 4,247,940 shares of the company's stock worth $2,336,494,000 after buying an additional 1,262,614 shares in the last quarter.  Nuveen LLC bought a new stake in  Spotify Technology during the 1st quarter worth about $383,139,000.  Axiom Investors LLC DE lifted its position in  Spotify Technology by 216.8% during the 1st quarter. Axiom Investors LLC DE now owns 719,682 shares of the company's stock worth $395,847,000 after buying an additional 492,504 shares in the last quarter.  Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in  Spotify Technology by 39.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,178,907 shares of the company's stock worth $648,434,000 after buying an additional 336,162 shares in the last quarter. 84.09% of the stock is owned by institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts have recently issued reports on SPOT shares. KeyCorp dropped their target price on shares of Spotify Technology from $860.00 to $830.00 and set an &#34;overweight&#34; rating on the stock in a report on Wednesday, July 30th. The Goldman Sachs Group cut shares of Spotify Technology from a &#34;buy&#34; rating to a &#34;neutral&#34; rating and upped their target price for the company from $765.00 to $770.00 in a report on Tuesday, September 30th. Rosenblatt Securities  reaffirmed a &#34;neutral&#34; rating and issued a $679.00 target price on shares of Spotify Technology in a report on Wednesday, October 1st. JPMorgan Chase &amp; Co. upped their target price on shares of Spotify Technology from $740.00 to $805.00 and gave the company an &#34;overweight&#34; rating in a report on Monday, September 29th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Spotify Technology from $700.00 to $775.00 and gave the company a &#34;buy&#34; rating in a report on Wednesday, July 23rd. One investment analyst  has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and twelve have issued  a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $731.16.</p><ul><li>Spotify Could Surge Higher—Here’s the Hidden Earnings Signal</li></ul><p><b>Get Our Latest Report on Spotify Technology</b></p><h2>Spotify Technology Stock Performance</h2><p>Shares of SPOT opened at $671.04 on Friday. Spotify Technology has a 52 week low of $369.42 and a 52 week high of $785.00. The firm has a market cap of $137.37 billion, a P/E ratio of 162.87, a price-to-earnings-growth ratio of 3.17 and a beta of 1.67. The firm's 50-day simple moving average is $699.44 and its 200 day simple moving average is $670.87. </p><ul><li>Tencent Music Stock Outshines Spotify as China’s Music Giant</li></ul><p>Spotify Technology (NYSE:SPOT - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported ($0.42) EPS for the quarter, missing analysts' consensus estimates of $2.00 by ($2.42). Spotify Technology had a net margin of 4.76% and a return on equity of 13.67%. The company had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.29 billion. During the same quarter last year, the company posted $1.33 EPS. The firm's quarterly revenue was up 10.1% on a year-over-year basis.  Spotify Technology has set its Q3 2025 guidance at  EPS. As a group, equities analysts forecast that  Spotify Technology will post 10.3 earnings per share for the current year. </p><h2>Spotify Technology Profile</h2> (Free Report)<p>Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Spotify Technology</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>This AI Chip Giant Could Be the Market’s Next Big Winner</li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>Broadcom Inks OpenAI Deal: Why It's A Huge Win for AVGO Stock</li><li>Conference Calls and Individual Investors</li><li>Institutions Are Fueling CrowdStrike’s Next Leg Higher</li></ul><p><strong>Want to see what other hedge funds are holding SPOT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Spotify Technology (NYSE:SPOT - Free Report).</p><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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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>Harbour Investments Inc. increased its stake in Spotify Technology (NYSE:SPOT) by 935% in Q2, acquiring 1,898 additional shares, bringing its total to 2,101 shares valued at $1.61 million. Other institutional investors, including Goldman Sachs and Jennison Associates, also significantly increased their holdings. Analysts have mixed ratings on Spotify, with a consensus rating of "Moderate Buy" and an average price target of $731.16. Spotify's stock opened at $671.04, with a 52-week range of $369.42 to $785.00, and reported a revenue of $4.94 billion in its last quarterly earnings.</p>

Harbour Investments Inc. Acquires 1,898 Shares of Spotify Technology $SPOT