Spire Global (NYSE:SPIR) CFO Alison Engel Sells 4,286 Shares of Stock

Spire Global, Inc. (NYSE:SPIR) CFO Alison Engel sold 4,286 shares of Spire Global stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $14.09, for a total transaction of $60,389.74. Following the completion of the sale, the chief financial officer owned 261,552 shares in the company, valued at $3,685,267.68. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Stock Up 0.2%

Shares of SPIR stock opened at $13.97 on Tuesday. Spire Global, Inc. has a 12 month low of $6.60 and a 12 month high of $25.93. The company’s fifty day simple moving average is $14.60 and its 200-day simple moving average is $14.98. The firm has a market cap of $546.35 million, a PE ratio of -5.23 and a beta of 2.55.

Spire Global (NYSE:SPIR) last released its 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 net margin of 145.22% and a negative return on equity of 54.03%. The business had revenue of $18.05 million during the quarter, compared to the consensus estimate of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. On average, equities analysts predict that Spire Global, Inc. will post -1.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Spire Global

Hedge funds have recently bought and sold shares of the company. AWM Investment Company Inc. acquired a new stake in Spire Global in the 2nd quarter valued at about $7,692,000. Lane Generational LLC increased its position in Spire Global by 40.4% during the fourth quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock worth $5,589,000 after buying an additional 214,532 shares during the last quarter. Stifel Financial Corp raised its stake in Spire Global by 32.9% in the fourth quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock valued at $3,934,000 after buying an additional 129,990 shares during the period. DNB Asset Management AS bought a new stake in Spire Global in the fourth quarter valued at approximately $933,000. Finally, Raymond James Financial Inc. lifted its position in shares of Spire Global by 210.0% in the second quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock valued at $2,046,000 after buying an additional 116,488 shares during the last quarter. 19.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SPIR has been the topic of a number of recent research reports. Stifel Nicolaus set a $24.00 target price on Spire Global and gave the company a “buy” rating in a research report on Thursday, June 4th. Benchmark reissued a “buy” rating on shares of Spire Global in a research report on Monday, August 3rd. Wall Street Zen raised Spire Global from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Weiss Ratings downgraded Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Finally, Canaccord Genuity Group set a $22.50 target price on shares of Spire Global and gave the company a “buy” rating in a research note on Thursday, May 14th. 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $16.70.

Key Spire Global News

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

• Positive Sentiment: Despite the sales, senior insiders continue to hold substantial positions. CEO Theresa Condor retained 948,686 shares, while Chairman Peter Platzer retained 1.47 million shares following the transactions.
• Neutral Sentiment: On August 20, Chairman Peter Platzer, COO Perez Celia Pelez, CTO Johann Gabriel Oehme, CEO Theresa Condor and CFO Alison K. Engel collectively sold 39,361 shares for approximately $554,600 at an average price of $14.09 per share. All five sales were attributed to tax withholding related to equity-award vesting. SEC insider transaction filings
• Negative Sentiment: The concentration of sales among Spire Global’s CEO, CFO, COO, CTO and chairman could nevertheless create near-term overhang for SPIR, particularly because investors may interpret broad insider selling as reduced conviction. The largest transaction was the CEO’s sale of 22,502 shares, reducing her direct holdings by 2.32%.

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.