Spire Global (NYSE:SPIR) Director Stephen Messer Sells 17,986 Shares

Spire Global, Inc. (NYSE:SPIR) Director Stephen Messer sold 17,986 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $14.06, for a total transaction of $252,883.16. Following the sale, the director owned 83,667 shares in the company, valued at $1,176,358.02. This trade represents a 17.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Spire Global Stock Performance

NYSE SPIR opened at $13.72 on Wednesday. The firm has a 50 day simple moving average of $14.53 and a 200-day simple moving average of $15.00. Spire Global, Inc. has a one year low of $6.60 and a one year high of $25.93. The firm has a market cap of $536.57 million, a price-to-earnings ratio of -5.14 and a beta of 2.55.

Spire Global (NYSE:SPIR) last announced its earnings results on Wednesday, August 12th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.05). The business had revenue of $18.05 million for the quarter, compared to analysts’ expectations of $18.53 million. Spire Global had a negative return on equity of 54.03% and a negative net margin of 145.22%.Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. Equities analysts predict that Spire Global, Inc. will post -1.5 EPS for the current fiscal year.

Hedge Funds Weigh In On Spire Global

Several hedge funds and other institutional investors have recently bought and sold shares of the company. DNB Asset Management AS purchased a new position in Spire Global during the 4th quarter valued at about $933,000. AWM Investment Company Inc. acquired a new stake in shares of Spire Global in the second quarter valued at approximately $7,692,000. Auxano Advisors LLC increased its stake in shares of Spire Global by 12.1% during the 4th quarter. Auxano Advisors LLC now owns 29,150 shares of the company’s stock worth $219,000 after purchasing an additional 3,150 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Spire Global during the 2nd quarter worth approximately $1,737,000. Finally, Bank of America Corp DE raised its position in shares of Spire Global by 27.1% during the 1st quarter. Bank of America Corp DE now owns 76,101 shares of the company’s stock worth $957,000 after purchasing an additional 16,227 shares during the last quarter. 19.97% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Spire Global

Here are the key news stories impacting Spire Global this week:

• Positive Sentiment: Spire Global secured a roughly €4 million, one-year contract renewal and expansion from EUMETSAT, Europe’s meteorological satellite agency. The agreement expands Spire’s delivery of satellite-based radio occultation weather data and builds on a previously announced approximately €3 million contract, improving revenue visibility and validating demand for the company’s weather-intelligence products. EUMETSAT contract announcement
• Neutral Sentiment: Several senior executives—including the CEO, CFO, COO, CTO and chairman—sold shares on August 20 at approximately $14.09 each to cover tax-withholding obligations tied to vested equity awards. Collectively, they sold 39,361 shares worth about $554,600, but continued to hold substantial stakes in SPIR. SEC insider transaction filing
• Negative Sentiment: Director Stephen Messer separately sold 17,986 Class A shares for approximately $252,883, reducing his position by 17.69% to 83,667 shares. Because the filing does not identify the transaction as tax-related, the larger proportional reduction could create additional near-term selling pressure or raise questions about insider conviction. Stephen Messer insider sale
• Negative Sentiment: The contract news is being offset by Spire Global’s ongoing financial risk. The company recently missed quarterly EPS and revenue expectations, remains unprofitable, and has negative margins. Analysts expect a full-year loss, making execution on new contracts important for supporting the stock’s valuation.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Canaccord Genuity Group set a $22.50 price objective on shares of Spire Global and gave the stock a “buy” rating in a research report on Thursday, May 14th. Weiss Ratings cut shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Wall Street Zen upgraded Spire Global from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Alliance Global Partners reiterated a “neutral” rating on shares of Spire Global in a research note on Thursday, May 14th. Finally, Benchmark reaffirmed a “buy” rating on shares of Spire Global in a report on Monday, August 3rd. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $16.70.

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.