I find it very interesting to look at who exactly owns a company. The businesses may be similar, or work together. We can't be certain but it is quite possible this is a strategic stake. We can see that public companies hold 8.7% of the Spotify Technology shares on issue. Private companies may also have a strategic interest in the company. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. It might be worth looking deeper into this.

We can see that Private Companies own 11%, of the shares on issue. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

The general public holds a 12% stake in Spotify Technology. You can check here to see if those insiders have been buying recently. It is good to see this level of investment. Insiders own US$3.6b worth of shares (at current prices). We can see that insiders own shares in Spotify Technology S.A. However, on some occasions too much power is concentrated within this group. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

The same can be achieved by studying analyst sentiments. Researching institutional ownership is a good way to gauge and filter a stock's expected performance.

We did some more digging and found that 6 of the top shareholders account for roughly 53% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.

Who owns spotify technology s.a