Spire Global (NYSE:SPIR) COO Perez Celia Pelez Sells 4,484 Shares of Stock

Spire Global, Inc. (NYSE:SPIR) COO Perez Celia Pelez sold 4,484 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $14.09, for a total transaction of $63,179.56. Following the sale, the chief operating officer directly owned 258,632 shares of the company’s stock, valued at approximately $3,644,124.88. The trade was a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Price Performance

Spire Global stock opened at $13.97 on Tuesday. Spire Global, Inc. has a 12-month low of $6.60 and a 12-month high of $25.93. The company has a market capitalization of $546.35 million, a price-to-earnings ratio of -5.23 and a beta of 2.55. The firm’s fifty day moving average price is $14.60 and its 200 day moving average price is $14.98.

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 analysts’ consensus estimates of ($0.26) by ($0.05). The firm had revenue of $18.05 million during the quarter, compared to analysts’ expectations of $18.53 million. Spire Global had a negative net margin of 145.22% and a negative return on equity of 54.03%. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. Analysts forecast that Spire Global, Inc. will post -1.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Spire Global

Large investors have recently modified their holdings of the stock. AWM Investment Company Inc. bought a new stake in Spire Global in the second quarter valued at about $7,692,000. Lane Generational LLC lifted its holdings in Spire Global by 40.4% during the 4th quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock worth $5,589,000 after buying an additional 214,532 shares during the last quarter. Stifel Financial Corp grew its position in shares of Spire Global by 32.9% in the 4th quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock worth $3,934,000 after acquiring an additional 129,990 shares in the last quarter. DNB Asset Management AS acquired a new position in shares of Spire Global in the 4th quarter worth approximately $933,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Spire Global by 210.0% in the 2nd quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock valued at $2,046,000 after acquiring an additional 116,488 shares during the last quarter. Institutional investors own 19.97% of the company’s stock.

Trending Headlines about Spire Global

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

• Positive Sentiment: Despite the sales, senior insiders continue to hold substantial positions. CEO Theresa Condor retained 948,686 shares, while Chairman Peter Platzer retained 1.47 million shares following the transactions.
• Neutral Sentiment: On August 20, Chairman Peter Platzer, COO Perez Celia Pelez, CTO Johann Gabriel Oehme, CEO Theresa Condor and CFO Alison K. Engel collectively sold 39,361 shares for approximately $554,600 at an average price of $14.09 per share. All five sales were attributed to tax withholding related to equity-award vesting. SEC insider transaction filings
• Negative Sentiment: The concentration of sales among Spire Global’s CEO, CFO, COO, CTO and chairman could nevertheless create near-term overhang for SPIR, particularly because investors may interpret broad insider selling as reduced conviction. The largest transaction was the CEO’s sale of 22,502 shares, reducing her direct holdings by 2.32%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on SPIR shares. 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. Wall Street Zen raised Spire Global from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Alliance Global Partners reiterated a “neutral” rating on shares of Spire Global in a research note on Thursday, May 14th. Weiss Ratings downgraded shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Finally, Benchmark restated a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently 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.