Perez Celia Pelez Sells 4,484 Shares of Spire Global (NYSE:SPIR) Stock

Spire Global, Inc. (NYSE:SPIR) COO Perez Celia Pelez sold 4,484 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $14.09, for a total value of $63,179.56. Following the transaction, the chief operating officer directly owned 258,632 shares in the company, valued at approximately $3,644,124.88. This represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Price Performance

NYSE:SPIR opened at $13.72 on Wednesday. The company has a market capitalization of $536.57 million, a price-to-earnings ratio of -5.14 and a beta of 2.55. The business has a 50 day moving average of $14.53 and a 200 day moving average of $15.00. Spire Global, Inc. has a 1-year low of $6.60 and a 1-year high of $25.93.

Spire Global (NYSE:SPIR) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.05). The business had revenue of $18.05 million for the quarter, compared to the consensus estimate 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. As a group, sell-side analysts anticipate that Spire Global, Inc. will post -1.5 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on SPIR. Weiss Ratings cut shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Benchmark reaffirmed a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Wall Street Zen upgraded Spire Global from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Canaccord Genuity Group set a $22.50 target price on Spire Global and gave the company a “buy” rating in a research note on Thursday, May 14th. Finally, Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a research note on Thursday, May 14th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Spire Global has a consensus rating of “Moderate Buy” and a consensus target price of $16.70.

More Spire Global News

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

• Positive Sentiment: Spire Global secured a roughly €4 million, one-year contract renewal and expansion from EUMETSAT, Europe’s meteorological satellite agency. The agreement expands Spire’s delivery of satellite-based radio occultation weather data and builds on a previously announced approximately €3 million contract, improving revenue visibility and validating demand for the company’s weather-intelligence products. EUMETSAT contract announcement
• Neutral Sentiment: Several senior executives—including the CEO, CFO, COO, CTO and chairman—sold shares on August 20 at approximately $14.09 each to cover tax-withholding obligations tied to vested equity awards. Collectively, they sold 39,361 shares worth about $554,600, but continued to hold substantial stakes in SPIR. SEC insider transaction filing
• Negative Sentiment: Director Stephen Messer separately sold 17,986 Class A shares for approximately $252,883, reducing his position by 17.69% to 83,667 shares. Because the filing does not identify the transaction as tax-related, the larger proportional reduction could create additional near-term selling pressure or raise questions about insider conviction. Stephen Messer insider sale
• Negative Sentiment: The contract news is being offset by Spire Global’s ongoing financial risk. The company recently missed quarterly EPS and revenue expectations, remains unprofitable, and has negative margins. Analysts expect a full-year loss, making execution on new contracts important for supporting the stock’s valuation.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System raised its holdings in Spire Global by 382.3% during the 2nd quarter. California State Teachers Retirement System now owns 7,645 shares of the company’s stock valued at $142,000 after buying an additional 6,060 shares during the last quarter. AWM Investment Company Inc. purchased a new stake in Spire Global during the 2nd quarter valued at $7,692,000. Bank of New York Mellon Corp bought a new stake in Spire Global in the 2nd quarter worth $1,737,000. Bank of America Corp DE grew its holdings in Spire Global by 27.1% in the 1st quarter. Bank of America Corp DE now owns 76,101 shares of the company’s stock worth $957,000 after acquiring an additional 16,227 shares during the last quarter. Finally, Parvin Asset Management LLC increased its position in shares of Spire Global by 11.4% in the first quarter. Parvin Asset Management LLC now owns 11,725 shares of the company’s stock valued at $148,000 after acquiring an additional 1,200 shares during the period. 19.97% of the stock is owned by hedge funds and other institutional investors.

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.