Artisan Partners Limited Partnership Adds $160M in Spotify Technology S.A. ($SPOT)
Key Points
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Artisan Partners Limited Partnership increased its position in Spotify Technology S.A. ($SPOT) by 34.08% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,306,047 shares of Spotify Technology S.A. after buying 331,960 shares during the quarter. Artisan Partners Limited Partnership's holdings in Spotify Technology S.A. were worth $629.51 million as of its most recent filing.
Spotify Technology S.A. Stock Down 12.0%
Shares of Spotify Technology S.A. ($SPOT) traded around $482 on Saturday, down 12.0% for the day.
Spotify Technology S.A. Earnings
Analysts Set New Price Targets
About Spotify Technology S.A.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.
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