Insider Selling: Spire Global (NYSE:SPIR) Chairman Sells $71,859.00 in Stock

Spire Global, Inc. (NYSE:SPIR) Chairman Peter Platzer sold 5,100 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $14.09, for a total transaction of $71,859.00. Following the transaction, the chairman owned 1,473,468 shares in the company, valued at approximately $20,761,164.12. The trade was a 0.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Stock Performance

Spire Global stock traded up $0.03 during trading on Monday, reaching $13.97. The company had a trading volume of 796,263 shares, compared to its average volume of 1,207,394. Spire Global, Inc. has a 12-month low of $6.60 and a 12-month high of $25.93. The stock’s 50 day moving average price is $14.60 and its two-hundred day moving average price is $14.98. The firm has a market capitalization of $546.28 million, a price-to-earnings ratio of -5.23 and a beta of 2.55.

Spire Global (NYSE:SPIR) last announced its quarterly earnings results on Wednesday, August 12th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.05). The company had revenue of $18.05 million during the quarter, compared to analyst estimates of $18.53 million. Spire Global had a negative net margin of 145.22% and a negative return on equity of 54.03%. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. As a group, research analysts expect that Spire Global, Inc. will post -1.21 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SPIR has been the topic of several research analyst reports. Alliance Global Partners reaffirmed a “neutral” rating on shares of Spire Global in a research note on Thursday, May 14th. Canaccord Genuity Group set a $22.50 target price on shares of Spire Global and gave the stock a “buy” rating in a research report on Thursday, May 14th. Stifel Nicolaus set a $24.00 price target on shares of Spire Global and gave the company a “buy” rating in a research report on Thursday, June 4th. Weiss Ratings downgraded shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Finally, Wall Street Zen raised shares of Spire Global from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.70.

Institutional Investors Weigh In On Spire Global

A number of large investors have recently modified their holdings of SPIR. Russell Investments Group Ltd. purchased a new stake in shares of Spire Global during the 3rd quarter valued at about $25,000. Osaic Holdings Inc. purchased a new position in Spire Global in the 2nd quarter worth approximately $25,000. BNP Paribas Financial Markets boosted its holdings in Spire Global by 84.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock worth $33,000 after acquiring an additional 1,260 shares during the period. Leonteq Securities AG acquired a new stake in Spire Global in the fourth quarter valued at approximately $44,000. Finally, Tower Research Capital LLC TRC grew its position in Spire Global by 71.2% in the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock valued at $49,000 after acquiring an additional 1,699 shares in the last quarter. Institutional investors and hedge funds own 19.97% of the company’s stock.

Spire Global Company Profile

Spire Global (NYSE: SPIR) is a space-to-cloud data and analytics company that operates a constellation of low Earth orbit nanosatellites to collect radio occultation, maritime Automatic Identification System (AIS), and aviation tracking data. By leveraging proprietary satellite hardware and ground infrastructure, Spire captures precise, near-real-time observations of Earth’s atmosphere, oceans, and surface traffic to power downstream analytics for weather forecasting, fleet optimization, and safety monitoring.

The company’s core offerings include weather and climate intelligence derived from GPS radio occultation, which enhances numerical weather prediction models; maritime domain awareness services that track vessel movements and supply chain dynamics; and aviation analytics that monitor air traffic for efficiency and security applications.