Spire Global (NYSE:SPIR) CEO Sells $11,943.68 in Stock

Key Points

• CEO sale: Theresa Condor sold 1,204 shares at an average $9.92 under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding, trimming her position by 0.11% to 1,073,769 shares (≈$10.65M).
• Stock jump: Shares surged 19.7% to $21.45 on heavy volume (6.21M vs. avg. 1.52M), driven by large call buying and significant intraday buying/short covering.
• Dilution and guidance risk: The company announced a $70 million private placement that spurred a selloff, trimmed FY‑2026 guidance (Q1 revenue/EPS below consensus), and left analysts mixed with a consensus target of $14.67.

Spire Global, Inc. (NYSE:SPIR - Get Free Report) CEO Theresa Condor sold 1,204 shares of Spire Global stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $9.92, for a total transaction of $11,943.68. Following the sale, the chief executive officer directly owned 1,073,769 shares of the company's stock, valued at $10,651,788.48. This trade represents a 0.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Theresa Condor also recently made the following trade(s):

• On Wednesday, January 21st, Theresa Condor sold 1,201 shares of Spire Global stock. The shares were sold at an average price of $12.10, for a total transaction of $14,532.10.
• On Friday, March 20th, Theresa Condor sold 1,201 shares of Spire Global stock. The shares were sold at an average price of $12.86, for a total transaction of $15,444.86.
• On Friday, February 20th, Theresa Condor sold 41,712 shares of Spire Global stock. The shares were sold at an average price of $8.53, for a total transaction of $355,803.36.

Spire Global Stock Up 19.7%

Shares of NYSE:SPIR traded up $3.53 during trading on Friday, reaching $21.45. 6,214,090 shares of the company traded hands, compared to its average volume of 1,517,140. The firm has a fifty day simple moving average of $11.51 and a 200 day simple moving average of $10.61. The firm has a market cap of $718.71 million, a P/E ratio of 13.58 and a beta of 2.23. Spire Global, Inc. has a 1-year low of $6.60 and a 1-year high of $21.56.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. bought a new position in Spire Global in the 2nd quarter worth $25,000. Russell Investments Group Ltd. bought a new position in Spire Global in the 3rd quarter worth $25,000. Atlantic Private Wealth LLC increased its holdings in shares of Spire Global by 50.0% during the 3rd quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company's stock worth $33,000 after purchasing an additional 1,000 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Spire Global by 84.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company's stock worth $33,000 after purchasing an additional 1,260 shares during the period. Finally, Leonteq Securities AG bought a new position in shares of Spire Global during the 4th quarter worth about $44,000. Institutional investors own 19.97% of the company's stock.

Key Spire Global News

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

• Positive Sentiment: Unusually large call‑option buying (3,033 calls, ~+284% vs. typical daily volume) suggests bullish speculative flows or hedged buying that can amplify upward price moves.
• Positive Sentiment: Shares traded on significantly higher volume versus average (indicative of fresh buyer interest and short‑covering), supporting the intraday recovery.
• Neutral Sentiment: Analyst/coverage piece and product focus: expanded AI agriculture intelligence platform could be a longer‑term revenue catalyst, but timing and monetization are uncertain. Assessing Spire Global (SPIR) Valuation After Expanded AI Agriculture Intelligence Platform Launch
• Negative Sentiment: Spire announced a $70 million private placement to raise capital; the raise is dilutive and was the proximate cause of the initial selloff. Spire Global Announces $70.0 Million Private Placement
• Negative Sentiment: Market headlines emphasized the dilutive raise and drove sharp downside pressure shortly after the announcement. Spire Global Shares Sink on $70 Million Private Placement Spire Global stock tumbles 20% on dilutive private placement Spire Global to raise $70 million in private placement
• Negative Sentiment: Guidance was trimmed: FY‑2026 EPS and revenue ranges imply slightly worse EPS vs. consensus and a revenue midpoint roughly in line to below expectations; Q1 revenue and EPS guidance are notably below consensus — a clear short‑term headwind.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SPIR. iA Financial set a $9.00 price target on shares of Spire Global in a report on Tuesday, December 23rd. Weiss Ratings upgraded shares of Spire Global from a "sell (d+)" rating to a "hold (c)" rating in a report on Friday, March 20th. Wall Street Zen downgraded shares of Spire Global from a "hold" rating to a "strong sell" rating in a report on Sunday, December 21st. Alliance Global Partners downgraded shares of Spire Global from a "buy" rating to a "neutral" rating and cut their price target for the company from $17.00 to $9.00 in a report on Tuesday, December 23rd. Finally, Canaccord Genuity Group set a $22.00 price target on shares of Spire Global and gave the company a "buy" rating in a report on Friday. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $14.67.

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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