Spire Global (NYSE:SPIR) CEO Sells $317,053.18 in Stock

Spire Global, Inc. (NYSE:SPIR) CEO Theresa Condor sold 22,502 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 transaction of $317,053.18. Following the completion of the sale, the chief executive officer owned 948,686 shares of the company’s stock, valued at $13,366,985.74. The trade was a 2.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Trading Down 1.2%

Shares of NYSE SPIR opened at $13.57 on Thursday. Spire Global, Inc. has a 1-year low of $6.60 and a 1-year high of $25.93. The company has a 50-day moving average of $14.44 and a two-hundred day moving average of $15.03. The company has a market cap of $530.86 million, a PE ratio of -5.08 and a beta of 2.55.

Spire Global (NYSE:SPIR) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate 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 company had revenue of $18.05 million for 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. As a group, equities research analysts forecast that Spire Global, Inc. will post -1.5 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new stake in shares of Spire Global in the third quarter worth about $25,000. Osaic Holdings Inc. bought a new position in shares of Spire Global during the 2nd quarter valued at about $25,000. BNP Paribas Financial Markets lifted its holdings 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 valued at $33,000 after purchasing an additional 1,260 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of Spire Global in the 4th quarter valued at approximately $44,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Spire Global by 71.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock valued at $49,000 after purchasing an additional 1,699 shares during the period. Institutional investors own 19.97% of the company’s stock.

Trending Headlines about Spire Global

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

• Positive Sentiment: NOAA awarded Spire a two-year, $28 million contract to advance hyperspectral microwave sounding technology for weather forecasting. Spire will use its existing satellite technology and infrastructure to build and qualify a satellite system aimed at eventual operational use. The award improves revenue visibility, strengthens Spire’s government business and validates its weather-data capabilities. NOAA contract announcement
• Positive Sentiment: Spire also secured an approximately €4 million, one-year renewal and expansion from EUMETSAT for satellite-based radio occultation weather data. The agreement builds on a previous contract of roughly €3 million and provides further evidence of demand from institutional weather agencies. EUMETSAT contract announcement
• Neutral Sentiment: CTO Johann Gabriel Oehme sold 2,989 shares, worth about $42,115, to cover tax withholding related to vested equity awards. Because the sale represented only 1.37% of his holdings and he retained more than 215,000 shares, the transaction appears less concerning than a discretionary reduction. CTO insider transaction filing
• Negative Sentiment: Director Stephen Messer sold 17,986 shares for approximately $252,883, reducing his position by 17.69%. The filing did not describe the sale as tax-related, potentially creating a near-term insider-selling overhang. Stephen Messer insider sale
• Negative Sentiment: Spire’s latest quarterly results remain a concern: the company missed both EPS and revenue estimates, posted a deeply negative net margin and continues to forecast a full-year loss. Investors will likely focus on whether the new contracts can accelerate growth and improve the company’s path to profitability.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SPIR. Canaccord Genuity Group set a $22.50 target price on Spire Global and gave the stock a “buy” rating in a research report on Thursday, May 14th. Alliance Global Partners reiterated a “neutral” rating on shares of Spire Global in a research report on Thursday, May 14th. Weiss Ratings cut Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Wall Street Zen raised shares of Spire Global from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, 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. Four equities 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. According to data from MarketBeat, Spire Global currently has a consensus rating of “Moderate Buy” and an average target price of $16.70.

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.