Perez Celia Pelez Sells 4,484 Shares of Spire Global (NYSE:SPIR) Stock

Key Points

• Spire Global COO Perez Celia Pelez sold 4,484 shares at an average price of $14.09, generating $63,179.56. The sale covered tax-withholding obligations tied to vested equity awards, and the COO retained 258,632 shares.
• Spire Global recently reported weaker-than-expected quarterly results, with an adjusted loss of $0.31 per share versus the $0.26 consensus estimate and revenue of $18.05 million, below expectations.
• Analyst sentiment remains mixed but leans positive: the stock has a “Moderate Buy” consensus rating and a $16.70 average price target, while shares recently traded near $13.97.

Spire Global, Inc. (NYSE:SPIR - Get Free Report) COO Perez Celia Pelez sold 4,484 shares of the business'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 $63,179.56. Following the transaction, the chief operating officer owned 258,632 shares in the company, valued at approximately $3,644,124.88. This represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Price Performance

Shares of NYSE:SPIR traded up $0.03 during midday trading on Monday, hitting $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 twelve month low of $6.60 and a twelve month high of $25.93. The stock has a market cap of $546.28 million, a price-to-earnings ratio of -5.23 and a beta of 2.55. The business's 50-day simple moving average is $14.60 and its 200-day simple moving average is $14.98.

Spire Global (NYSE:SPIR - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates 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. As a group, sell-side analysts forecast that Spire Global, Inc. will post -1.21 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on SPIR shares. 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. Benchmark reaffirmed a "buy" rating on shares of Spire Global in a research note on Monday, August 3rd. Alliance Global Partners reiterated a "neutral" rating on shares of Spire Global in a 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. Finally, 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. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $16.70.

Hedge Funds Weigh In On Spire Global

Hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. acquired a new stake in Spire Global in the 2nd quarter valued at approximately $25,000. Russell Investments Group Ltd. purchased a new position in shares of Spire Global during the third quarter worth $25,000. BNP Paribas Financial Markets boosted its position 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 worth $33,000 after buying an additional 1,260 shares during the period. Tower Research Capital LLC TRC grew its stake 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 buying an additional 1,699 shares in the last quarter. Finally, Leonteq Securities AG purchased a new stake in shares of Spire Global in the 4th quarter valued at $44,000. Hedge funds and other institutional investors 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.

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