

dropped their price target on shares of Spotify Technology from $150.00 to $145.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 29th.


Wall Street Analyst Weigh InĪ number of analysts have commented on SPOT shares. will post -2.03 earnings per share for the current fiscal year. On average, equities analysts forecast that Spotify Technology S.A. During the same period in the prior year, the firm earned ($0.23) earnings per share. The business’s revenue was up 22.9% on a year-over-year basis. Spotify Technology had a negative return on equity of 1.15% and a negative net margin of 0.24%. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.82 billion. The company reported ($0.91) EPS for the quarter, missing the consensus estimate of ($0.68) by ($0.23). Spotify Technology ( NYSE:SPOT – Get Rating) last posted its earnings results on Wednesday, July 27th. 55.32% of the stock is owned by institutional investors and hedge funds. Samalin Investment Counsel LLC now owns 1,121 shares of the company’s stock worth $262,000 after buying an additional 1,026 shares in the last quarter. Finally, Samalin Investment Counsel LLC raised its position in shares of Spotify Technology by 1,080.0% during the 4th quarter. now owns 172,364 shares of the company’s stock worth $40,239,000 after buying an additional 118,659 shares in the last quarter. raised its position in shares of Spotify Technology by 220.9% during the 4th quarter. bought a new stake in shares of Spotify Technology during the 4th quarter worth about $231,000. Mackenzie Financial Corp now owns 11,320 shares of the company’s stock worth $2,649,000 after buying an additional 325 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Spotify Technology by 3.0% during the 4th quarter. MML Investors Services LLC now owns 8,778 shares of the company’s stock valued at $2,054,000 after purchasing an additional 461 shares during the period. MML Investors Services LLC boosted its stake in Spotify Technology by 5.5% during the 4th quarter. Cambridge Investment Research Advisors Inc.’s holdings in Spotify Technology were worth $555,000 as of its most recent filing with the Securities & Exchange Commission.Ī number of other hedge funds and other institutional investors have also recently bought and sold shares of SPOT. The firm owned 5,918 shares of the company’s stock after acquiring an additional 655 shares during the period. ( NYSE:SPOT – Get Rating) by 12.4% in the second quarter, HoldingsChannel reports. raised its position in shares of Spotify Technology S.A. Cambridge Investment Research Advisors Inc.
