Spire Global (NYSE:SPIR) COO Sells $63,179.56 in Stock

Spire Global, Inc. (NYSE:SPIR) COO Perez Celia Pelez sold 4,484 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 $63,179.56. Following the completion of the transaction, the chief operating officer directly owned 258,632 shares of the company’s stock, valued at $3,644,124.88. This represents a 1.70% 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 company’s 50-day moving average price is $14.44 and its two-hundred day moving average price is $15.03. The firm has a market cap of $530.86 million, a P/E 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. As a group, equities analysts predict that Spire Global, Inc. will post -1.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Spire Global

Several institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. bought a new stake in shares of Spire Global in the 2nd quarter valued at about $25,000. Russell Investments Group Ltd. bought a new position in Spire Global during the 3rd quarter worth approximately $25,000. BNP Paribas Financial Markets grew its holdings in Spire Global by 84.6% during the second 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 during the period. Tower Research Capital LLC TRC grew its holdings in Spire Global by 71.2% during the second 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. Finally, Leonteq Securities AG acquired a new position in Spire Global during the fourth quarter valued at approximately $44,000. 19.97% of the stock is currently owned by institutional investors and hedge funds.

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.

Analysts Set New Price Targets

Several research firms have issued reports on SPIR. Alliance Global Partners reaffirmed a “neutral” rating on shares of Spire Global in a report on Thursday, May 14th. Benchmark reiterated a “buy” rating on shares of Spire Global in a research report on Monday, August 3rd. Weiss Ratings cut Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Canaccord Genuity Group set a $22.50 target price on shares of Spire Global and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, Stifel Nicolaus set a $24.00 target price on shares of Spire Global and gave the company a “buy” rating in a research note on Thursday, June 4th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.70.

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.