Spire Global (NYSE:SPIR) Director Stephen Messer Sells 17,986 Shares

Spire Global, Inc. (NYSE:SPIR) Director Stephen Messer sold 17,986 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $14.06, for a total value of $252,883.16. Following the transaction, the director owned 83,667 shares in the company, valued at $1,176,358.02. This trade represents a 17.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Spire Global Price Performance

NYSE SPIR traded down $0.28 on Tuesday, hitting $13.59. The company had a trading volume of 134,259 shares, compared to its average volume of 1,200,626. The company’s fifty day moving average price is $14.60 and its 200-day moving average price is $14.98. The company has a market capitalization of $531.64 million, a PE ratio of -5.09 and a beta of 2.55. Spire Global, Inc. has a 12-month low of $6.60 and a 12-month high of $25.93.

Spire Global (NYSE:SPIR) last posted its quarterly earnings data 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 analysts’ expectations of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. On average, sell-side analysts anticipate that Spire Global, Inc. will post -1.21 EPS for the current year.

Analyst Ratings Changes

SPIR has been the topic of several research analyst reports. Wall Street Zen upgraded Spire Global from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Alliance Global Partners restated a “neutral” rating on shares of Spire Global in a research report on Thursday, May 14th. Canaccord Genuity Group set a $22.50 price target on Spire Global and gave the stock a “buy” rating 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 report on Thursday, August 13th. Finally, Stifel Nicolaus set a $24.00 target price on shares of 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 assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $16.70.

Institutional Trading of Spire Global

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Russell Investments Group Ltd. acquired a new stake in shares of Spire Global during the third quarter worth about $25,000. Osaic Holdings Inc. purchased a new stake in shares of Spire Global during the second quarter worth $25,000. BNP Paribas Financial Markets increased its position in shares of Spire Global by 84.6% during the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock worth $33,000 after acquiring an additional 1,260 shares during the period. Leonteq Securities AG acquired a new stake in shares of Spire Global in the fourth quarter valued at $44,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of Spire Global by 71.2% in the second 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 in the last quarter. 19.97% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Spire Global

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

• Positive Sentiment: European meteorological agency EUMETSAT awarded Spire an approximately €4 million, one-year contract renewal and expansion for satellite radio-occultation weather data. The agreement builds on a prior €3 million contract, strengthening Spire’s recurring revenue base and validating demand for its weather-intelligence services. EUMETSAT awards Spire Global contract renewal and expansion
• Neutral Sentiment: Analyst opinion remains mixed but leans favorable: four analysts rate SPIR Buy, one rates it Hold and one rates it Sell. The consensus rating is Moderate Buy, with an average price target of $16.70, while Weiss Ratings recently downgraded the shares to Sell. Recent institutional activity has also included several position increases.
• Neutral Sentiment: Spire’s CEO, CFO, COO, CTO and chairman collectively sold 39,361 shares for about $554,600 at $14.09 per share. The filings state that the sales were made to cover tax withholding tied to vested equity awards, and the executives retained substantial holdings, reducing the significance of the transactions as a direct bearish signal. Spire Global insider transactions
• Negative Sentiment: The company remains unprofitable and recently reported quarterly EPS of negative $0.31, below the negative $0.26 consensus estimate, while revenue of $18.05 million also missed expectations. Spire’s negative net margin and continued projected losses leave execution and cash generation as important risks despite the contract win.

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.