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AWM Investment Company Inc. Invests $7.69 Million in Spire Global, Inc. $SPIR

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AWM Investment Company Inc. purchased a new position in shares of Spire Global, Inc. (NYSE:SPIR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 413,522 shares of the company's stock, valued at approximately $7,692,000. AWM Investment Company Inc. owned about 1.07% of Spire Global at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in Spire Global in the third quarter valued at about $25,000. Osaic Holdings Inc. acquired a new stake in shares of Spire Global in the 2nd quarter valued at approximately $25,000. BNP Paribas Financial Markets raised its position in shares of Spire Global by 84.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company's stock valued at $33,000 after acquiring an additional 1,260 shares during the period. Leonteq Securities AG bought a new position in Spire Global during the 4th quarter worth approximately $44,000. Finally, Tower Research Capital LLC TRC boosted its stake in Spire Global by 71.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company's stock worth $49,000 after acquiring an additional 1,699 shares during the last quarter. 19.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SPIR. Canaccord Genuity Group set a $22.50 price objective on Spire Global and gave the company a "buy" rating in a report on Thursday, May 14th. Weiss Ratings cut Spire Global from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday, August 13th. Alliance Global Partners restated a "neutral" rating on shares of Spire Global in a 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 note on Thursday, June 4th. Finally, Wall Street Zen upgraded shares of Spire Global from a "strong sell" rating to a "sell" rating in a 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 assigned a Sell rating to the stock. According to MarketBeat, Spire Global has an average rating of "Moderate Buy" and an average target price of $16.70.

Read Our Latest Stock Analysis on SPIR

Insider Buying and Selling

In other news, COO Perez Celia Pelez sold 4,484 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $14.09, for a total value of $63,179.56. Following the completion of the transaction, the chief operating officer owned 258,632 shares of the company's stock, valued at approximately $3,644,124.88. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman Peter Platzer sold 5,100 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $14.09, for a total transaction of $71,859.00. Following the completion of the transaction, the chairman directly owned 1,473,468 shares of the company's stock, valued at approximately $20,761,164.12. The trade was a 0.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 57,347 shares of company stock worth $807,480. 13.04% of the stock is owned by company insiders.

Spire Global News Summary

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.

Spire Global Stock Down 1.1%

SPIR opened at $13.72 on Wednesday. Spire Global, Inc. has a 12-month low of $6.60 and a 12-month high of $25.93. The stock has a market cap of $536.57 million, a price-to-earnings ratio of -5.14 and a beta of 2.55. The business has a 50 day moving average of $14.53 and a 200-day moving average of $15.00.

Spire Global (NYSE:SPIR - Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported ($0.31) EPS 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 company had revenue of $18.05 million during the quarter, compared to analyst estimates of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950--0.810 EPS. As a group, analysts expect that Spire Global, Inc. will post -1.5 earnings per share for the current year.

Spire Global Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding SPIR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Spire Global, Inc. (NYSE:SPIR - Free Report).

Institutional Ownership by Quarter for Spire Global (NYSE:SPIR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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