Spire Global, Inc. (NYSE:SPIR – Get Free Report) CFO Alison Engel sold 4,286 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $14.09, for a total value of $60,389.74. Following the sale, the chief financial officer directly 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 is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Spire Global Stock Performance
NYSE SPIR opened at $13.72 on Wednesday. Spire Global, Inc. has a one year low of $6.60 and a one year high of $25.93. The stock has a 50-day moving average of $14.53 and a 200 day moving average of $15.00. The company has a market capitalization of $536.57 million, a price-to-earnings ratio of -5.14 and a beta of 2.55.
Spire Global (NYSE:SPIR – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported ($0.31) earnings per share (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. On average, equities analysts predict that Spire Global, Inc. will post -1.5 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on Spire Global
Institutional Trading of Spire Global
Several hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. purchased a new stake in Spire Global in the second quarter worth about $25,000. Russell Investments Group Ltd. purchased a new position in shares of Spire Global during the 3rd quarter valued at about $25,000. 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 valued at $33,000 after buying an additional 1,260 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Spire Global by 71.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock valued at $49,000 after acquiring an additional 1,699 shares during the period. Finally, Leonteq Securities AG bought a new position in shares of Spire Global during the 4th quarter valued at approximately $44,000. Institutional investors own 19.97% of the company’s stock.
Key Headlines Impacting Spire Global
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.
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.
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