Spire Global, Inc. (NYSE:SPIR – Get Free Report) Chairman Peter Platzer sold 1,801 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $12.10, for a total transaction of $21,792.10. Following the completion of the sale, the chairman directly owned 1,487,552 shares of the company’s stock, valued at $17,999,379.20. The trade was a 0.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.
Peter Platzer also recently made the following trade(s):
- On Friday, March 20th, Peter Platzer sold 1,801 shares of Spire Global stock. The shares were sold at an average price of $12.86, for a total transaction of $23,160.86.
- On Friday, February 20th, Peter Platzer sold 58,428 shares of Spire Global stock. The shares were sold at an average price of $8.53, for a total transaction of $498,390.84.
Spire Global Stock Down 0.5%
NYSE:SPIR opened at $21.45 on Monday. Spire Global, Inc. has a 52 week low of $6.60 and a 52 week high of $21.56. The firm has a 50 day moving average of $11.51 and a 200 day moving average of $10.59. The stock has a market capitalization of $718.71 million, a price-to-earnings ratio of 13.58 and a beta of 2.23.
Analyst Upgrades and Downgrades
Get Our Latest Research Report on SPIR
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. purchased a new position in shares of Spire Global in the second quarter worth $25,000. Russell Investments Group Ltd. purchased a new position in shares of Spire Global in the third quarter worth $25,000. Atlantic Private Wealth LLC raised its holdings in shares of Spire Global by 50.0% in the third quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company’s stock worth $33,000 after buying an additional 1,000 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Spire Global by 84.6% in the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock worth $33,000 after buying an additional 1,260 shares during the last quarter. Finally, Leonteq Securities AG purchased a new position in shares of Spire Global in the fourth quarter worth $44,000. Hedge funds and other institutional investors own 19.97% of the company’s stock.
Spire Global News Roundup
Here are the key news stories impacting Spire Global this week:
- 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.
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.
Further Reading
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