Spire Global (NYSE:SPIR) CEO Sells $161,462.76 in Stock

Spire Global, Inc. (NYSE:SPIR) CEO Theresa Condor sold 18,474 shares of the business’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $8.74, for a total value of $161,462.76. Following the completion of the sale, the chief executive officer directly owned 1,096,906 shares of the company’s stock, valued at $9,586,958.44. The trade was a 1.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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.

Theresa Condor also recently made the following trade(s):

• On Wednesday, January 21st, Theresa Condor sold 1,201 shares of Spire Global stock. The shares were sold at an average price of $12.10, for a total value of $14,532.10.
• 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 value 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 value of $355,803.36.

Spire Global Stock Performance

Spire Global stock opened at $21.45 on Monday. Spire Global, Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $21.56. The company has a market capitalization of $718.71 million, a P/E ratio of 13.58 and a beta of 2.23. The stock has a 50-day simple moving average of $11.51 and a 200-day simple moving average of $10.59.

Key Spire Global News

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.

Hedge Funds Weigh In On Spire Global

Several institutional investors have recently added to or reduced their stakes in SPIR. Osaic Holdings Inc. acquired a new position in Spire Global in the 2nd quarter valued at about $25,000. Russell Investments Group Ltd. acquired a new position in Spire Global during the 3rd quarter worth approximately $25,000. Atlantic Private Wealth LLC increased its position in Spire Global by 50.0% during 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 period. BNP Paribas Financial Markets increased its position in Spire Global by 84.6% during 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 period. Finally, Leonteq Securities AG acquired a new position in Spire Global during the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 19.97% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on SPIR shares. iA Financial set a $9.00 target price on Spire Global in a report on Tuesday, December 23rd. HC Wainwright reissued a “buy” rating and issued a $19.00 target price (up from $14.00) on shares of Spire Global in a report on Friday, January 23rd. Stifel Nicolaus boosted their price target on Spire Global from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Wall Street Zen cut Spire Global from a “hold” rating to a “strong sell” rating in a research report on Sunday, December 21st. Finally, Canaccord Genuity Group set a $22.00 price target on Spire Global and gave the company a “buy” rating in a research report on Friday. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $14.67.

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.