Daniel Ek's Spotify Stock Sales Surge Past $433 Million in Just 12 Months
Spotify CEO Daniel Ek has continued his substantial stock selloff into early 2025, with total sales now exceeding $433 million over the past year. In January 2025 alone, Ek sold 120,000 shares for approximately $57 million.
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Recent Stock Sales Breakdown:
- January 22nd, 2025: $29,250,600
- January 8th, 2025: $27,835,800
- December 23rd, 2024: $27,720,000
- December 11th, 2024: $28,294,800
- December 4th, 2024: $36,999,000
- November 26th, 2024: $36,103,500
- November 20th, 2024: $34,787,250
- November 15th, 2024: $35,812,500
- April 24th, 2024: $118,800,000
- February 7th, 2024: $57,505,000
Total: $433,108,450
Despite the extensive selloff, Spotify's stock continues to perform well, currently trading at $501.50 per share, near its all-time high of $511.
The motivation behind these sales appears linked to Ek's personal and professional investments, including:
- A $31 million Spanish mansion purchase
- His commitment to invest $1 billion in European startups by 2030
- Recent investments in AI defense company Helsing ($469M Series C)
- Funding for Neko Health, his preventative healthcare company ($260M Series B)
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