Spire Global (NYSE:SPIR) CEO Theresa Condor Sells 22,502 Shares

Spire Global, Inc. (NYSE:SPIR) CEO Theresa Condor sold 22,502 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $14.09, for a total value of $317,053.18. Following the transaction, the chief executive officer directly owned 948,686 shares of the company’s stock, valued at approximately $13,366,985.74. This trade represents a 2.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Trading Up 0.2%

Shares of NYSE SPIR traded up $0.03 during midday trading on Monday, reaching $13.97. The company’s stock had a trading volume of 796,263 shares, compared to its average volume of 1,207,394. The stock has a 50 day simple moving average of $14.69 and a 200-day simple moving average of $14.96. The stock has a market capitalization of $546.28 million, a price-to-earnings ratio of -5.23 and a beta of 2.55. Spire Global, Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $25.93.

Spire Global (NYSE:SPIR) last released its 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). Spire Global had a negative net margin of 145.22% and a negative return on equity of 54.03%. The business had revenue of $18.05 million during the quarter, compared to the consensus estimate of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. As a group, equities analysts anticipate that Spire Global, Inc. will post -1.21 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on SPIR. Alliance Global Partners restated a “neutral” rating on shares of Spire Global in a research note on Thursday, May 14th. Stifel Nicolaus set a $24.00 price objective on Spire Global and gave the company a “buy” rating in a report on Thursday, June 4th. Wall Street Zen raised shares of Spire Global from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Weiss Ratings lowered shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Finally, Benchmark reiterated a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.70.

Institutional Trading of Spire Global

A number of hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. bought a new position in shares of Spire Global during the 2nd quarter worth approximately $25,000. Russell Investments Group Ltd. acquired a new position in shares of Spire Global in the third quarter valued at $25,000. BNP Paribas Financial Markets raised its position in shares of Spire Global by 84.6% in the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock valued at $33,000 after purchasing an additional 1,260 shares during the period. Tower Research Capital LLC TRC raised its position in shares of 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 purchasing an additional 1,699 shares during the period. Finally, Leonteq Securities AG acquired a new stake in shares of Spire Global during the 4th quarter worth about $44,000. 19.97% of the stock is owned by institutional investors and hedge funds.

About Spire Global

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.