Spire Global, Inc. (NYSE:SPIR – Get Free Report) CEO Theresa Condor sold 1,201 shares of Spire Global stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $12.10, for a total transaction of $14,532.10. Following the sale, the chief executive officer directly owned 989,514 shares of the company’s stock, valued at approximately $11,973,119.40. This trade represents a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Theresa Condor also recently made the following trade(s):
- On Friday, March 20th, Theresa Condor sold 1,201 shares of Spire Global stock. The shares were sold at an average price of $12.86, for a total transaction of $15,444.86.
- On Friday, February 20th, Theresa Condor sold 41,712 shares of Spire Global stock. The shares were sold at an average price of $8.53, for a total transaction of $355,803.36.
Spire Global Price Performance
Shares of SPIR opened at $21.45 on Monday. Spire Global, Inc. has a 1-year low of $6.60 and a 1-year high of $21.56. The stock has a market cap of $718.71 million, a PE ratio of 13.58 and a beta of 2.23. The firm has a fifty day moving average price of $11.51 and a 200 day moving average price of $10.59.
Key Stories Impacting Spire Global
- Positive Sentiment: Unusually large call‑option buying (3,033 calls, ~+284% vs. typical daily volume) suggests bullish speculative flows or hedged buying that can amplify upward price moves.
- Positive Sentiment: Shares traded on significantly higher volume versus average (indicative of fresh buyer interest and short‑covering), supporting the intraday recovery.
- Neutral Sentiment: Analyst/coverage piece and product focus: expanded AI agriculture intelligence platform could be a longer‑term revenue catalyst, but timing and monetization are uncertain. Assessing Spire Global (SPIR) Valuation After Expanded AI Agriculture Intelligence Platform Launch
- Negative Sentiment: Spire announced a $70 million private placement to raise capital; the raise is dilutive and was the proximate cause of the initial selloff. Spire Global Announces $70.0 Million Private Placement
- Negative Sentiment: Market headlines emphasized the dilutive raise and drove sharp downside pressure shortly after the announcement. Spire Global Shares Sink on $70 Million Private Placement Spire Global stock tumbles 20% on dilutive private placement Spire Global to raise $70 million in private placement
- Negative Sentiment: Guidance was trimmed: FY‑2026 EPS and revenue ranges imply slightly worse EPS vs. consensus and a revenue midpoint roughly in line to below expectations; Q1 revenue and EPS guidance are notably below consensus — a clear short‑term headwind.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on SPIR shares. Stifel Nicolaus boosted their price target on shares of Spire Global from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Weiss Ratings raised shares of Spire Global from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, March 20th. Alliance Global Partners cut shares of Spire Global from a “buy” rating to a “neutral” rating and reduced their price target for the company from $17.00 to $9.00 in a research report on Tuesday, December 23rd. Wall Street Zen cut shares of Spire Global from a “hold” rating to a “strong sell” rating in a research report on Sunday, December 21st. Finally, HC Wainwright reissued a “buy” rating and issued a $19.00 price target (up from $14.00) on shares of Spire Global in a research report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.67.
Get Our Latest Stock Report on Spire Global
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC acquired a new position in Spire Global in the fourth quarter valued at $89,000. XTX Topco Ltd increased its stake in Spire Global by 26.8% in the fourth quarter. XTX Topco Ltd now owns 55,702 shares of the company’s stock valued at $418,000 after purchasing an additional 11,780 shares during the period. Tudor Investment Corp ET AL increased its stake in Spire Global by 24.0% in the fourth quarter. Tudor Investment Corp ET AL now owns 44,651 shares of the company’s stock valued at $335,000 after purchasing an additional 8,635 shares during the period. Quadrature Capital Ltd acquired a new position in Spire Global in the fourth quarter valued at $193,000. Finally, Engineers Gate Manager LP acquired a new position in Spire Global in the fourth quarter valued at $154,000. 19.97% of the stock is currently 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.
Read More
Receive News & Ratings for Spire Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spire Global and related companies with MarketBeat.com's FREE daily email newsletter.
