Insider Selling: Spire Global (NYSE:SPIR) Chairman Sells $71,859.00 in Stock

Spire Global, Inc. (NYSE:SPIR) Chairman Peter Platzer sold 5,100 shares of Spire Global stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $14.09, for a total value of $71,859.00. Following the completion of the transaction, the chairman directly owned 1,473,468 shares of the company’s stock, valued at $20,761,164.12. This represents a 0.34% 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 the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Stock Down 1.2%

Shares of NYSE SPIR opened at $13.57 on Thursday. Spire Global, Inc. has a 12-month low of $6.60 and a 12-month high of $25.93. The firm’s 50-day simple moving average is $14.44 and its 200 day simple moving average is $15.03. The company has a market cap of $530.86 million, a price-to-earnings ratio of -5.08 and a beta of 2.55.

Spire Global (NYSE:SPIR) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($0.31) earnings per share 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 during the quarter, compared to analyst estimates of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. On average, equities analysts expect that Spire Global, Inc. will post -1.5 earnings per share for the current year.

Key Stories Impacting 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.

Institutional Investors Weigh In On Spire Global

Institutional investors have recently made changes to their positions in the stock. AWM Investment Company Inc. bought a new position in Spire Global during the 2nd quarter worth approximately $7,692,000. Lane Generational LLC raised its holdings in Spire Global by 40.4% in the fourth quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock worth $5,589,000 after purchasing an additional 214,532 shares during the period. Stifel Financial Corp boosted its position in shares of Spire Global by 32.9% during the fourth quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock worth $3,934,000 after purchasing an additional 129,990 shares in the last quarter. DNB Asset Management AS acquired a new position in shares of Spire Global in the 4th quarter valued at $933,000. Finally, Raymond James Financial Inc. grew its holdings in shares of Spire Global by 210.0% in the 2nd 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 period. 19.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SPIR has been the topic of several research reports. Benchmark reaffirmed a “buy” rating on shares of Spire Global in a report on Monday, August 3rd. Alliance Global Partners restated a “neutral” rating on shares of Spire Global in a research report on Thursday, May 14th. Weiss Ratings lowered Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Canaccord Genuity Group set a $22.50 price objective on Spire Global and gave the stock a “buy” rating in a research report on Thursday, May 14th. Finally, Stifel Nicolaus set a $24.00 price objective on Spire Global and gave the stock a “buy” rating in a report on Thursday, June 4th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Spire Global presently has an average 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.