Insider Selling: Spire Global (NYSE:SPIR) Chairman Sells $415,878.87 in Stock

Spire Global, Inc. (NYSE:SPIR) Chairman Peter Platzer sold 54,793 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $7.59, for a total value of $415,878.87. Following the sale, the chairman owned 1,491,155 shares of the company’s stock, valued at approximately $11,317,866.45. This trade represents a 3.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 Wednesday, January 21st, Peter Platzer sold 1,801 shares of Spire Global stock. The shares were sold at an average price of $12.10, for a total value of $21,792.10.
• On Friday, March 20th, Peter Platzer sold 1,801 shares of Spire Global stock. The stock was sold at an average price of $12.86, for a total value of $23,160.86.
• On Friday, February 20th, Peter Platzer sold 58,428 shares of Spire Global stock. The stock was sold at an average price of $8.53, for a total value of $498,390.84.

Spire Global Stock Down 0.5%

NYSE:SPIR opened at $21.45 on Monday. The business’s 50 day moving average is $11.51 and its two-hundred day moving average is $10.59. Spire Global, Inc. has a 52 week low of $6.60 and a 52 week high of $21.56. The company has a market cap of $718.71 million, a PE ratio of 13.58 and a beta of 2.23.

Institutional Trading of Spire Global

Hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. bought a new stake in shares of Spire Global in the 2nd quarter worth approximately $25,000. Russell Investments Group Ltd. bought a new stake in shares of Spire Global in the 3rd quarter worth approximately $25,000. BNP Paribas Financial Markets lifted its holdings 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 worth $33,000 after purchasing an additional 1,260 shares during the last quarter. Atlantic Private Wealth LLC lifted its holdings in shares of Spire Global by 50.0% in the 3rd quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company’s stock worth $33,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Spire Global by 71.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock worth $49,000 after purchasing an additional 1,699 shares during the last quarter. 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.

Analysts Set New Price Targets

SPIR has been the topic of a number of research analyst reports. iA Financial set a $9.00 target price on Spire Global in a report on Tuesday, December 23rd. HC Wainwright reaffirmed a “buy” rating and set a $19.00 target price (up from $14.00) on shares of Spire Global in a report on Friday, January 23rd. Wall Street Zen downgraded Spire Global from a “hold” rating to a “strong sell” rating in a report on Sunday, December 21st. Stifel Nicolaus increased their target price on Spire Global from $14.00 to $16.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, Canaccord Genuity Group set a $22.00 target price on Spire Global and gave the stock a “buy” rating in a report on Friday. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Spire Global has a consensus rating of “Moderate Buy” and a consensus target price of $14.67.

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.