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 dated Thursday, August 20th. The stock was sold at an average price of $14.09, for a total transaction of $42,115.01. Following the transaction, the chief technology officer owned 215,107 shares in the company, valued at approximately $3,030,857.63. The trade was a 1.37% decrease in their position. The transaction was disclosed in a document filed 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 Stock Performance

Shares of SPIR opened at $13.57 on Thursday. The company has a 50-day simple moving average of $14.44 and a 200-day simple moving average of $15.03. Spire Global, Inc. has a 52 week low of $6.60 and a 52 week high of $25.93. The firm has a market capitalization of $530.86 million, a P/E ratio of -5.08 and a beta of 2.55.

Spire Global (NYSE:SPIR) last issued its quarterly earnings results 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). The firm had revenue of $18.05 million for the quarter, compared to the consensus estimate 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. As a group, equities analysts forecast that Spire Global, Inc. will post -1.5 earnings per share for the current year.

Spire Global News Roundup

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.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SPIR. Weiss Ratings cut shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Wall Street Zen upgraded shares of Spire Global from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Benchmark reissued a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a research report on Thursday, May 14th. Finally, Canaccord Genuity Group set a $22.50 price target on shares of Spire Global and gave the stock a “buy” rating in a research note on Thursday, May 14th. Four equities research 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’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $16.70.

Institutional Investors Weigh In On Spire Global

Hedge funds and other institutional investors have recently bought and sold shares of the business. AWM Investment Company Inc. acquired a new stake in shares of Spire Global during the 2nd quarter worth about $7,692,000. 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 buying an additional 214,532 shares during the last quarter. Stifel Financial Corp raised its holdings in Spire Global by 32.9% in the 4th quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock valued at $3,934,000 after acquiring an additional 129,990 shares during the period. DNB Asset Management AS bought a new position in Spire Global in the 4th quarter valued at about $933,000. Finally, Raymond James Financial Inc. lifted its position in Spire Global by 210.0% during the second quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock worth $2,046,000 after acquiring an additional 116,488 shares during the last quarter. 19.97% of the stock is owned by institutional investors and hedge funds.

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.