In a filing, Spotify Technology S.A revealed its Director and Chief Executive O Daniel Ek acquired Company’s shares for reported $28.22 million on Apr 16 ’25. In the deal valued at $564.48 per share,50,000 shares were bought.
Then, Daniel Ek bought 50,000 shares, generating $27,586,500 in total proceeds.
Before that, Daniel Ek bought 50,000 shares. Spotify Technology S.A shares valued at $28,474,000 were divested by the Director and Chief Executive O at a price of $569.48 per share.
Wolfe Research upgraded its Spotify Technology S.A [SPOT] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including FBN Securities’s analysts, who began to cover the stock in late March with a ‘”a Sector perform”‘ rating. China Renaissance began covering SPOT with “Buy” recommendation on March 26, 2025.
Price Performance Review of SPOT
On Monday, Spotify Technology S.A [NYSE:SPOT] saw its stock fall -3.70% to $597.73. Over the last five days, the stock has gained 6.96%. Spotify Technology S.A shares have risen nearly 33.61% since the year began. Nevertheless, the stocks have risen 112.54% over the past one year. While a 52-week high of $652.63 was reached on 02/13/25, a 52-week low of $280.37 was recorded on 01/02/25. SMA at 50 days reached $575.67, while 200 days put it at $453.66.
Levels Of Support And Resistance For SPOT Stock
The 24-hour chart illustrates a support level at 585.99, which if violated will result in even more drops to 574.24. On the upside, there is a resistance level at 618.49. A further resistance level may holdings at 639.24. The Relative Strength Index (RSI) on the 14-day chart is 55.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 36.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.87%. Stochastics %K at 89.00% indicates the stock is a selling.
How much short interest is there in Spotify Technology S.A?
A steep rise in short interest was recorded in Spotify Technology S.A stocks on 2025-04-15, growing by 0.34 million shares to a total of 7.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 6.89 million shares. There was a rise of 4.64%, which implies that there is a positive sentiment for the stock.
