Insider Selling: Spire Global (NYSE:SPIR) Chairman Sells 5,100 Shares of Stock

Key Points

• Spire Global Chairman Peter Platzer sold 5,100 shares at an average price of $14.09, totaling $71,859. The sale covered tax-withholding obligations tied to vested equity awards and reduced his stake by 0.34%.
• Spire Global reported a quarterly loss of $0.31 per share, missing estimates by $0.05, while revenue of $18.05 million also fell short of expectations. The company maintains negative profitability metrics and issued fiscal 2026 EPS guidance of -$0.95 to -$0.81.
• Shares traded near $13.97, below the analyst consensus price target of $16.70. Analyst sentiment remains a “Moderate Buy,” although ratings range from Buy to Sell, and institutional investors own about 19.97% of the company.

Spire Global, Inc. (NYSE:SPIR - Get Free Report) Chairman Peter Platzer sold 5,100 shares of the company's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $14.09, for a total transaction of $71,859.00. Following the sale, the chairman directly owned 1,473,468 shares of the company's stock, valued at $20,761,164.12. The trade was a 0.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Stock Performance

Shares of NYSE SPIR traded up $0.03 during mid-day 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 moving average of $14.60 and a two-hundred day moving average of $14.98. The stock has a market capitalization of $546.28 million, a P/E ratio of -5.23 and a beta of 2.55. Spire Global, Inc. has a 1-year low of $6.60 and a 1-year high of $25.93.

Spire Global (NYSE:SPIR - Get Free Report) last posted 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). Spire Global had a negative return on equity of 54.03% and a negative net margin of 145.22%.The business had revenue of $18.05 million for the quarter, compared to analyst estimates of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950--0.810 EPS. Analysts predict that Spire Global, Inc. will post -1.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SPIR. Stifel Nicolaus set a $24.00 target price on shares of Spire Global and gave the company a "buy" rating in a 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. 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. Benchmark reissued a "buy" rating on shares of Spire Global in a research report on Monday, August 3rd. Finally, Alliance Global Partners reiterated a "neutral" rating on shares of Spire Global in a research note on Thursday, May 14th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Spire Global presently has an average rating of "Moderate Buy" and an average price target of $16.70.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. acquired a new position in Spire Global in the 2nd quarter valued at about $25,000. Russell Investments Group Ltd. acquired a new position in shares of Spire Global in the third quarter valued at approximately $25,000. BNP Paribas Financial Markets lifted its stake in shares of Spire Global by 84.6% during the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company's stock valued at $33,000 after buying an additional 1,260 shares during the period. Tower Research Capital LLC TRC boosted its position in Spire Global by 71.2% during the second 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. Finally, Leonteq Securities AG purchased a new stake in Spire Global in the 4th quarter worth approximately $44,000. Hedge funds and other institutional investors own 19.97% of the company's stock.

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.

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