Spire Global (NYSE:SPIR) CEO Theresa Condor Sells 1,208 Shares

Key Points

• Theresa Condor sold 1,208 shares of Spire on Sept. 22 at an average price of $10.42 under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding, trimming her position by 0.12% to 1,032,248 shares.
• Shares have been volatile, trading as high as $21.45 on heavy volume recently, but the stock faced a sharp selloff after a dilutive $70 million private placement that poses a near‑term headwind.
• Sentiment is mixed: analysts are split between Buy and Hold (consensus "Moderate Buy") with an average price target of $14.67, while management trimmed FY‑2026 guidance, pressuring short‑term expectations.

Spire Global, Inc. (NYSE:SPIR - Get Free Report) CEO Theresa Condor sold 1,208 shares of the company's stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $10.42, for a total value of $12,587.36. Following the completion of the sale, the chief executive officer owned 1,032,248 shares in the company, valued at $10,756,024.16. The trade was a 0.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 stock was sold at an average price of $12.10, for a total value of $14,532.10.
• On Friday, March 20th, Theresa Condor sold 1,201 shares of Spire Global stock. The stock was sold at an average price of $12.86, for a total value of $15,444.86.
• On Friday, February 20th, Theresa Condor sold 41,712 shares of Spire Global stock. The stock was sold at an average price of $8.53, for a total value of $355,803.36.

Spire Global Price Performance

SPIR stock traded up $3.53 during mid-day trading on Friday, reaching $21.45. 6,214,090 shares of the company's stock were exchanged, compared to its average volume of 1,517,140. The company has a market cap of $718.71 million, a price-to-earnings ratio of 13.58 and a beta of 2.23. The stock's 50 day moving average is $11.51 and its 200 day moving average is $10.61. Spire Global, Inc. has a 12-month low of $6.60 and a 12-month high of $21.56.

Hedge Funds Weigh In On Spire Global

Hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. acquired a new position in shares of Spire Global during the second quarter valued at approximately $25,000. Russell Investments Group Ltd. acquired a new position in shares of Spire Global during the third quarter valued at approximately $25,000. Atlantic Private Wealth LLC raised its holdings in shares of Spire Global by 50.0% during the third quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company's stock valued at $33,000 after acquiring an additional 1,000 shares during the last quarter. BNP Paribas Financial Markets raised its holdings 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 acquiring an additional 1,260 shares during the last quarter. Finally, Leonteq Securities AG acquired a new stake in shares of Spire Global in the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 19.97% of the company's stock.

Key Headlines Impacting Spire Global

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.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on SPIR shares. Weiss Ratings upgraded Spire Global from a "sell (d+)" rating to a "hold (c)" rating in a research report on Friday, March 20th. iA Financial set a $9.00 price target on Spire Global in a research report on Tuesday, December 23rd. Stifel Nicolaus increased their price target on Spire Global from $14.00 to $16.00 and gave the stock a "buy" rating in a research report on Thursday, March 19th. Canaccord Genuity Group set a $22.00 target price on Spire Global and gave the company a "buy" rating in a report on Friday. Finally, Wall Street Zen cut Spire Global from a "hold" rating to a "strong sell" rating in a report on Sunday, December 21st. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Spire Global currently has a consensus rating of "Moderate Buy" and an average price target of $14.67.

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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