--- title: "China Universal Asset Management Co. Ltd. Has $1.22 Million Stake in Spotify Technology $SPOT" description: "China Universal Asset Management Co. Ltd. reduced its stake in Spotify Technology (NYSE:SPOT) by 61.5% in Q3, now holding 1,750 shares valued at $1.22 million. Other institutional investors also adjus" type: "news" locale: "en" url: "https://longbridge.com/en/news/276509263.md" published_at: "2026-02-21T09:29:16.000Z" --- # China Universal Asset Management Co. Ltd. Has $1.22 Million Stake in Spotify Technology $SPOT > China Universal Asset Management Co. Ltd. reduced its stake in Spotify Technology (NYSE:SPOT) by 61.5% in Q3, now holding 1,750 shares valued at $1.22 million. Other institutional investors also adjusted their positions, with notable increases from Y.D. More Investments Ltd and Prakash Investment Advisors LLC. Analysts have mixed ratings on Spotify, with a consensus price target of $706.42. The stock opened at $490.98, with a market cap of $101.06 billion and a P/E ratio of 50.93. Spotify reported strong earnings, exceeding estimates with $5.16 EPS and $5.32 billion in revenue for the last quarter. China Universal Asset Management Co. Ltd. trimmed its stake in Spotify Technology (NYSE:SPOT - Free Report) by 61.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,750 shares of the company's stock after selling 2,800 shares during the quarter. China Universal Asset Management Co. Ltd.'s holdings in Spotify Technology were worth $1,222,000 as of its most recent SEC filing. Get **Spotify Technology** alerts: - Spotify Just Crushed Earnings—So Why Is the Stock Still Down 34%? Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Y.D. More Investments Ltd grew its holdings in shares of Spotify Technology by 1.1% during the third quarter. Y.D. More Investments Ltd now owns 6,105 shares of the company's stock valued at $4,261,000 after buying an additional 65 shares during the last quarter. Prakash Investment Advisors LLC lifted its position in Spotify Technology by 25.7% in the 3rd quarter. Prakash Investment Advisors LLC now owns 9,300 shares of the company's stock valued at $6,491,000 after acquiring an additional 1,900 shares in the last quarter. Compass Wealth Management LLC acquired a new position in Spotify Technology during the 3rd quarter valued at about $8,398,000. Fiera Capital Corp increased its holdings in Spotify Technology by 15.8% during the 3rd quarter. Fiera Capital Corp now owns 11,835 shares of the company's stock worth $8,261,000 after purchasing an additional 1,613 shares in the last quarter. Finally, L & S Advisors Inc increased its holdings in Spotify Technology by 0.7% during the 3rd quarter. L & S Advisors Inc now owns 3,455 shares of the company's stock worth $2,412,000 after purchasing an additional 25 shares in the last quarter. 84.09% of the stock is owned by institutional investors. ## Analysts Set New Price Targets Several research analysts recently issued reports on SPOT shares. Wells Fargo & Company cut their target price on Spotify Technology from $750.00 to $710.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 13th. Moffett Nathanson initiated coverage on Spotify Technology in a research report on Tuesday, January 27th. They issued a "neutral" rating and a $487.00 price target for the company. DZ Bank raised shares of Spotify Technology from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 4th. Weiss Ratings upgraded shares of Spotify Technology from a "hold (c)" rating to a "buy (b-)" rating in a research note on Wednesday, February 11th. Finally, Cantor Fitzgerald dropped their price target on shares of Spotify Technology from $615.00 to $525.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Spotify Technology currently has an average rating of "Moderate Buy" and a consensus price target of $706.42. - 2 Subscription Economy Winners That Still Dominate Their Niches **View Our Latest Stock Analysis on SPOT** ## Spotify Technology Price Performance NYSE SPOT opened at $490.98 on Friday. The business's fifty day moving average is $521.83 and its 200-day moving average is $615.08. The stock has a market capitalization of $101.06 billion, a price-to-earnings ratio of 50.93, a PEG ratio of 1.07 and a beta of 1.66. Spotify Technology has a one year low of $405.00 and a one year high of $785.00. - The Sound of Money: How Spotify Turned Audio Into Profit Power Spotify Technology (NYSE:SPOT - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $3.16 by $2.00. The company had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.14 billion. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.88 earnings per share. Research analysts expect that Spotify Technology will post 10.3 EPS for the current fiscal year. ## 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. ## Read More - Five stocks we like better than Spotify Technology - The gold chart Wall Street is terrified of… - Buy this Gold Stock Before May 2026 - What a Former CIA Agent Knows About the Coming Collapse - This $15 Stock Could Go Down as the #1 Stock of 2026 - New gold price target **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 reporting and unbiased coverage. 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 | |-------|-------------|-----| | Spotify 股票（SPOT）的多頭歡欣鼓舞，因為運營槓桿已成為其關鍵的增長催化劑 | Spotify（SPOT）已經從一個快速增長的流媒體服務演變為一個高利潤的音頻工具，成為用户不可或缺的部分。最近的第四季度財報突顯了向盈利轉變的趨勢，隨着內容成本的穩定和變現能力的提升，運營槓桿變得顯著。公司的固定基礎設施現在在全球龐大的受 | [Link](https://longbridge.com/en/news/276087160.md) | | Fortis Group Advisors LLC 減少了其在 Spotify Technology $SPOT 的持股 | Fortis Group Advisors LLC 在第三季度減少了對 Spotify Technology (NYSE:SPOT) 的持股，降幅為 55.2%，目前持有 2,122 股，價值 139 萬美元。其他機構投資者，包括 Stat | [Link](https://longbridge.com/en/news/276231861.md) | | Lone Pine Capital LLC 報告其持有 Spotify Technology 和 Medline 的股份，同時在 Starbucks 中撤資 | Lone Pine Capital LLC 報告在 Spotify Technology 中持有 17,762 股股份，並已解除在 Starbucks Corp 和 Meta Platforms Inc 的股份。此外，它將在菲利普莫里斯的股 | [Link](https://longbridge.com/en/news/276174364.md) | | SeatGeek 與 Spotify 攜手合作，在音樂平台內提供演唱會門票銷售服務 | SeatGeek 與 Spotify 合作，將演唱會門票銷售直接整合到音樂平台中，提升用户的購票體驗。該功能目前在 SeatGeek 作為主要售票商的特定場館中可用，包括美國主要城市。此次合作旨在將 Spotify 的數百萬活躍用户轉化為購 | [Link](https://longbridge.com/en/news/276263419.md) | | Spotify 首席財務官表示，公司對去年推出的增強版免費層帶來的早期收益感到 “非常鼓舞” | Spotify 首席財務官：由於公司去年推出的增強版免費服務，早期收益讓公司感到 “非常鼓舞” | [Link](https://longbridge.com/en/news/275468504.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.