Insider Selling: Spire Global (NYSE:SPIR) CFO Sells $60,389.74 in Stock

Spire Global, Inc. (NYSE:SPIR) CFO Alison Engel sold 4,286 shares of the firm’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 transaction of $60,389.74. Following the sale, the chief financial officer 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. 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 during trading on Monday, hitting $13.97. The company had a trading volume of 796,263 shares, compared to its average volume of 1,207,394. The company has a market capitalization of $546.28 million, a PE ratio of -5.23 and a beta of 2.55. Spire Global, Inc. has a one year low of $6.60 and a one year high of $25.93. The firm’s 50-day moving average price is $14.60 and its 200 day moving average price is $14.98.

Spire Global (NYSE:SPIR) last released its quarterly earnings results 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 firm 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. Sell-side analysts forecast that Spire Global, Inc. will post -1.21 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. acquired a new stake in Spire Global during the third quarter worth about $25,000. Osaic Holdings Inc. acquired a new position in shares of Spire Global in the 2nd quarter valued at approximately $25,000. BNP Paribas Financial Markets raised its position in shares of Spire Global by 84.6% in 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. Leonteq Securities AG bought a new stake in shares of Spire Global during the 4th quarter worth approximately $44,000. Finally, Tower Research Capital LLC TRC lifted its holdings 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 worth $49,000 after acquiring an additional 1,699 shares during the period. Institutional investors and hedge funds own 19.97% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Canaccord Genuity Group set a $22.50 price objective on Spire Global and gave the company a “buy” rating in a research note on Thursday, May 14th. Alliance Global Partners reiterated a “neutral” rating on shares of Spire Global in a research note on Thursday, May 14th. Weiss Ratings downgraded Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Stifel Nicolaus set a $24.00 price target on Spire Global and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, Benchmark reiterated a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. 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 data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus 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.