--- title: "Harbour Investments Inc. Acquires 1,898 Shares of Spotify Technology $SPOT" description: "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 insti" type: "news" locale: "en" url: "https://longbridge.com/en/news/261719910.md" published_at: "2025-10-18T08:38:59.000Z" --- # Harbour Investments Inc. Acquires 1,898 Shares of Spotify Technology $SPOT > 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. 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. Get **Spotify Technology** alerts: - Get Exposure to Millennials' Purchasing Power With This ETF 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. ## Analysts Set New Price Targets 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 "overweight" rating on the stock in a report on Wednesday, July 30th. The Goldman Sachs Group cut shares of Spotify Technology from a "buy" rating to a "neutral" 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 "neutral" rating and issued a $679.00 target price on shares of Spotify Technology in a report on Wednesday, October 1st. JPMorgan Chase & Co. upped their target price on shares of Spotify Technology from $740.00 to $805.00 and gave the company an "overweight" 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 "buy" 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 "Moderate Buy" and an average price target of $731.16. - Spotify Could Surge Higher—Here’s the Hidden Earnings Signal **Get Our Latest Report on Spotify Technology** ## Spotify Technology Stock Performance 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. - Tencent Music Stock Outshines Spotify as China’s Music Giant 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. ## Spotify Technology Profile (Free Report) 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. ## Further Reading - Five stocks we like better than Spotify Technology - Health Care Stocks Explained: Why You Might Want to Invest - This AI Chip Giant Could Be the Market’s Next Big Winner - What Are Dividend Champions? How to Invest in the Champions - Broadcom Inks OpenAI Deal: Why It's A Huge Win for AVGO Stock - Conference Calls and Individual Investors - Institutions Are Fueling CrowdStrike’s Next Leg Higher **Want to see what other hedge funds are holding SPOT?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Spotify Technology (NYSE:SPOT - Free Report). *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.* ## Should You Invest $1,000 in Spotify Technology Right Now? Before you consider Spotify Technology, you'll want to hear this. 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. While Spotify Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [SPOT.US - Spotify](https://longbridge.com/en/quote/SPOT.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 新增用户数创纪录、利润增长 200%！“线上音乐巨头” Spotify“成功涨价” | Spotify 第四季度财报显示，得益于涨价策略的成功执行，公司净利润同比激增两倍至 11.7 亿欧元，每股收益远超市场预期。同时，月活跃用户数创纪录地增加了 3800 万，达到 7.51 亿，证明了用户对价格调整的接受度。受此提振，公司股 | [Link](https://longbridge.com/en/news/275526865.md) | | Spotify 股票（SPOT）的多头欢欣鼓舞，因为运营杠杆已成为其关键的增长催化剂 | Spotify（SPOT）已经从一个快速增长的流媒体服务演变为一个高利润的音频工具，成为用户不可或缺的部分。最近的第四季度财报突显了向盈利转变的趋势，随着内容成本的稳定和变现能力的提升，运营杠杆变得显著。公司的固定基础设施现在在全球庞大的受 | [Link](https://longbridge.com/en/news/276087160.md) | | Spotify 首席财务官表示，公司对去年推出的增强版免费层带来的早期收益感到 “非常鼓舞” | Spotify 首席财务官：由于公司去年推出的增强版免费服务，早期收益让公司感到 “非常鼓舞” | [Link](https://longbridge.com/en/news/275468504.md) | | 接下来是什么：Spotify Technology 的财报预览 | Spotify Technology（纽约证券交易所代码：SPOT）将于 2026 年 2 月 10 日公布季度财报，分析师预测每股收益（EPS）为 2.95 美元。该公司此前超出了每股收益的预期，但过去一年股价下跌了 32.18%。分析师 | [Link](https://longbridge.com/en/news/275328967.md) | | 分析师对 Spotify Technology 股票的评价 | 分析师对 Spotify Technology（纽约证券交易所代码：SPOT）的评级在过去一个季度显示出看涨和看跌情绪的混合。最近的评估表明，平均价格目标下降至 713.0 美元，比之前的估计下降了 8.72%。主要分析师下调了他们的评级和 | [Link](https://longbridge.com/en/news/275328689.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.