Spotify Technology S.A’s recent filing unveils that its Director and Chief Executive O Daniel Ek acquired Company’s shares for reported $28.85 million on Apr 30 ’25. In the deal valued at $576.94 per share,50,000 shares were bought.
Then, Daniel Ek bought 50,000 shares, generating $28,224,000 in total proceeds.
Before that, Daniel Ek bought 50,000 shares. Spotify Technology S.A shares valued at $27,586,500 were divested by the Director and Chief Executive O at a price of $551.73 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 -0.99% to $637.65. Over the last five days, the stock has gained 6.68%. Spotify Technology S.A shares have risen nearly 42.53% since the year began. Nevertheless, the stocks have risen 124.10% over the past one year. While a 52-week high of $653.32 was reached on 05/02/25, a 52-week low of $286.20 was recorded on 01/02/25. SMA at 50 days reached $574.05, while 200 days put it at $461.55.
Levels Of Support And Resistance For SPOT Stock
The 24-hour chart illustrates a support level at 626.84, which if violated will result in even more drops to 616.03. On the upside, there is a resistance level at 647.23. A further resistance level may holdings at 656.81. The Relative Strength Index (RSI) on the 14-day chart is 60.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 31.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.84%. Stochastics %K at 83.08% 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.
