Loading…
Loading…
Assetmark Inc. lowered its stake in shares of Spotify Technology (NYSE: SPOT) by 37.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,183 shares of the company's stock after selling 11,876 shares during the quarter. Assetmark Inc.'s holdings in
In the closing of the recent trading day, Spotify (SPOT) stood at $492.32, denoting a +2.97% move from the preceding trading day.
Boston Common Asset Management LLC grew its stake in Spotify Technology (NYSE: SPOT) by 64.0% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,596 shares of the company's stock after buying an additional 20,516 shares during the period.
Cantillon Capital Management LLC bought a new stake in Spotify Technology (NYSE: SPOT) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 439,353 shares of the company's stock, valued at approximately $213,047,000. Cantillon Capital Management LLC owned 0.21% of Spotify
SPOT is growing users and profits, but a rich valuation, royalty costs, and rising competition suggest the stock's risk-reward remains challenging.
In the latest trading session, Spotify (SPOT) closed at $476.08, marking a -1.92% move from the previous day.
Spotify Technology SA (NYSE:SPOT) is expected to report a steady second-quarter performance, with Jefferies maintaining a positive long-term view despite not anticipating a "narrative changing" earnings release. The investment bank reiterated its ‘Bu'y rating and $600 price target, implying upside from current levels of $485, ahead of the company's results, writing that it prefers to remain positioned for potential catalysts including a Warner Music Group remixing agreement and the launch of AI-powered remixing features.
Artisan Mid Cap Fund portfolio generated strong absolute returns and outpaced the Russell Midcap® Growth Index. Within IT, several semiconductor holdings produced exceptional returns, with multiple positions rising more than 100% during the period. During the quarter, we initiated new positions in Entegris, Modine Manufacturing and C.H. Robinson Worldwide.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
Click below to see what's inside, then upgrade to read every transcript for SPOT and 80,000+ other tickers.
Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.