Spire Global (NYSE:SPIR) CTO Sells $42,115.01 in Stock

Spire Global, Inc. (NYSE:SPIR) CTO Johann Gabriel Oehme sold 2,989 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $14.09, for a total value of $42,115.01. Following the sale, the chief technology officer owned 215,107 shares of the company’s stock, valued at approximately $3,030,857.63. The trade was a 1.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Stock Up 0.2%

SPIR traded up $0.03 on Monday, reaching $13.97. The company’s stock had a trading volume of 796,263 shares, compared to its average volume of 1,207,394. The stock has a 50 day moving average of $14.60 and a two-hundred day moving average of $14.98. 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, Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $25.93.

Spire Global (NYSE:SPIR) last released 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). Spire Global had a negative return on equity of 54.03% and a negative net margin of 145.22%.The company had revenue of $18.05 million for the quarter, compared to analyst estimates of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. As a group, analysts anticipate that Spire Global, Inc. will post -1.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Spire Global

Several institutional investors and hedge funds have recently made changes to their positions in SPIR. Lane Generational LLC grew its stake in Spire Global by 40.4% in the 4th quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock valued at $5,589,000 after acquiring an additional 214,532 shares during the last quarter. State Street Corp lifted its holdings in shares of Spire Global by 1.4% in the fourth quarter. State Street Corp now owns 528,164 shares of the company’s stock valued at $3,961,000 after purchasing an additional 7,253 shares in the last quarter. Stifel Financial Corp grew its position in shares of Spire Global by 32.9% in the fourth quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock valued at $3,934,000 after purchasing an additional 129,990 shares during the last quarter. AWM Investment Company Inc. grew its position in shares of Spire Global by 25.7% in the fourth quarter. AWM Investment Company Inc. now owns 418,287 shares of the company’s stock valued at $3,137,000 after purchasing an additional 85,492 shares during the last quarter. Finally, Marshall Wace LLP increased its stake in shares of Spire Global by 58.0% during the 2nd quarter. Marshall Wace LLP now owns 269,401 shares of the company’s stock worth $3,206,000 after purchasing an additional 98,925 shares in the last quarter. 19.97% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on SPIR. Weiss Ratings lowered Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a report on Thursday, May 14th. Stifel Nicolaus set a $24.00 target price on shares of Spire Global and gave the company a “buy” rating in a report on Thursday, June 4th. Benchmark reiterated a “buy” rating on shares of Spire Global in a research report on Monday, August 3rd. Finally, Wall Street Zen raised Spire Global from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Four investment 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.