Insider Selling: Spire Global (NYSE:SPIR) CTO Sells 2,989 Shares

Spire Global, Inc. (NYSE:SPIR) CTO Johann Gabriel Oehme sold 2,989 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 $42,115.01. Following the completion of the sale, the chief technology officer owned 215,107 shares of the company’s stock, valued at $3,030,857.63. This trade represents a 1.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Stock Up 0.2%

NYSE:SPIR traded up $0.03 during trading hours on Monday, reaching $13.97. 796,263 shares of the stock were exchanged, compared to its average volume of 1,207,394. The business has a 50-day moving average of $14.60 and a two-hundred day moving average of $14.98. Spire Global, Inc. has a twelve month low of $6.60 and a twelve month high of $25.93. The company has a market capitalization of $546.28 million, a price-to-earnings ratio of -5.23 and a beta of 2.55.

Spire Global (NYSE:SPIR) last issued 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 firm had revenue of $18.05 million during the quarter, compared to analyst estimates of $18.53 million. Spire Global had a negative net margin of 145.22% and a negative return on equity of 54.03%. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. On average, research analysts forecast that Spire Global, Inc. will post -1.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Stifel Nicolaus set a $24.00 price target on shares of Spire Global and gave the stock a “buy” rating in a research note on Thursday, June 4th. Canaccord Genuity Group set a $22.50 price objective on shares of Spire Global and gave the company a “buy” rating in a report on Thursday, May 14th. Benchmark reaffirmed a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Alliance Global Partners reaffirmed a “neutral” rating on shares of Spire Global in a research report on Thursday, May 14th. Finally, Wall Street Zen upgraded Spire Global from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Spire Global has an average rating of “Moderate Buy” and a consensus target price of $16.70.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. ARS Investment Partners LLC increased its position in shares of Spire Global by 2.6% in the 1st quarter. ARS Investment Partners LLC now owns 31,497 shares of the company’s stock valued at $396,000 after purchasing an additional 785 shares during the last quarter. Parvin Asset Management LLC lifted its position in shares of Spire Global by 11.4% during the 1st quarter. Parvin Asset Management LLC now owns 11,725 shares of the company’s stock worth $148,000 after purchasing an additional 1,200 shares during the last quarter. BNP Paribas Financial Markets lifted its position 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Spire Global by 12.7% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,025 shares of the company’s stock worth $179,000 after purchasing an additional 1,695 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of Spire Global by 71.2% during the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock worth $49,000 after purchasing an additional 1,699 shares in the last quarter. Hedge funds and other institutional investors own 19.97% of the company’s stock.

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.