Theresa Condor Sells 1,201 Shares of Spire Global (NYSE:SPIR) Stock

Key Points

• Theresa Condor, CEO of Spire Global, sold 1,201 shares on July 21 at an average price of $12.45 under a Rule 10b5-1 plan to cover tax withholding from vested equity, only reducing her stake by about 0.11% to 1,072,568 shares.
• Spire's stock has been volatile—recently trading up to $21.45 on heavy volume—but faces headwinds after announcing a $70 million private placement and issuing trimmed FY‑2026 guidance, which prompted downside pressure.

Spire Global, Inc. (NYSE:SPIR - Get Free Report) CEO Theresa Condor sold 1,201 shares of the stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $12.45, for a total value of $14,952.45. Following the completion of the transaction, the chief executive officer directly owned 1,072,568 shares of the company's stock, valued at $13,353,471.60. This represents a 0.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through 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 shares were 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 on Friday, reaching $21.45. 6,214,090 shares of the company traded hands, compared to its average volume of 1,517,140. Spire Global, Inc. has a one year low of $6.60 and a one year high of $21.56. The company has a market cap of $718.71 million, a P/E ratio of 13.58 and a beta of 2.23. The firm has a fifty day simple moving average of $11.51 and a 200-day simple moving average of $10.61.

Trending Headlines about 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.

Institutional Trading of Spire Global

Institutional investors have recently added to or reduced their stakes in the business. AWM Investment Company Inc. boosted its stake in Spire Global by 1,044.0% during the 2nd quarter. AWM Investment Company Inc. now owns 266,545 shares of the company's stock valued at $3,172,000 after purchasing an additional 243,246 shares during the last quarter. Osaic Holdings Inc. purchased a new stake in Spire Global during the 2nd quarter valued at $25,000. Leonteq Securities AG purchased a new stake in Spire Global during the 4th quarter valued at $44,000. DNB Asset Management AS purchased a new stake in Spire Global during the 4th quarter valued at $933,000. Finally, Auxano Advisors LLC boosted its stake in Spire Global by 12.1% during the 4th quarter. Auxano Advisors LLC now owns 29,150 shares of the company's stock valued at $219,000 after purchasing an additional 3,150 shares during the last quarter. 19.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. HC Wainwright reaffirmed a "buy" rating and set a $19.00 price objective (up from $14.00) on shares of Spire Global in a research report on Friday, January 23rd. Alliance Global Partners lowered Spire Global from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $17.00 to $9.00 in a research report on Tuesday, December 23rd. Canaccord Genuity Group set a $22.00 price objective on Spire Global and gave the company a "buy" rating in a research report on Friday. Wall Street Zen lowered Spire Global from a "hold" rating to a "strong sell" rating in a research report on Sunday, December 21st. Finally, Weiss Ratings raised Spire Global from a "sell (d+)" rating to a "hold (c)" rating in a research report on Friday, March 20th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Spire Global presently has an average rating of "Moderate Buy" and an average 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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