Natixis Advisors LLC increased its holdings in shares of Spotify Technology S.A. (NYSE:SPOT – Free Report) by 15.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,811 shares of the company’s stock after acquiring an additional 14,565 shares during the quarter. Natixis Advisors LLC’s holdings in Spotify Technology were worth $48,680,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of SPOT. Prime Capital Investment Advisors LLC acquired a new position in shares of Spotify Technology during the third quarter valued at approximately $244,000. Impax Asset Management Group plc increased its stake in shares of Spotify Technology by 36.5% during the third quarter. Impax Asset Management Group plc now owns 3,381 shares of the company’s stock valued at $1,246,000 after acquiring an additional 904 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in Spotify Technology by 38.9% during the third quarter. OneDigital Investment Advisors LLC now owns 1,074 shares of the company’s stock worth $396,000 after buying an additional 301 shares in the last quarter. Empowered Funds LLC boosted its holdings in Spotify Technology by 4.4% during the third quarter. Empowered Funds LLC now owns 18,041 shares of the company’s stock worth $6,649,000 after buying an additional 754 shares in the last quarter. Finally, Alpha Family Trust bought a new stake in Spotify Technology during the third quarter worth approximately $219,000. Institutional investors and hedge funds own 84.09% of the company’s stock.
Spotify Technology Trading Up 7.1 %
Shares of NYSE SPOT opened at $576.02 on Monday. Spotify Technology S.A. has a 1-year low of $249.58 and a 1-year high of $652.63. The company has a market cap of $117.92 billion, a PE ratio of 96.81 and a beta of 1.66. The company has a 50-day moving average of $555.35 and a two-hundred day moving average of $461.13.
Analyst Ratings Changes
Check Out Our Latest Stock Report on SPOT
Spotify Technology Profile
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.
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