Spire Global (NYSE:SPIR) CEO Sells $250,913.52 in Stock

Spire Global, Inc. (NYSE:SPIR) CEO Theresa Condor sold 21,933 shares of the firm’s stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $11.44, for a total transaction of $250,913.52. Following the completion of the transaction, the chief executive officer directly owned 1,074,973 shares of the company’s stock, valued at approximately $12,297,691.12. The trade was a 2.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 transaction 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 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 Stock Performance

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 company has a market capitalization of $718.71 million, a P/E ratio of 13.58 and a beta of 2.23. The company has a fifty day moving average of $11.51 and a 200-day moving average of $10.59.

More 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.

Analyst Ratings Changes

SPIR has been the subject of a number of research analyst reports. Alliance Global Partners downgraded shares of Spire Global from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $17.00 to $9.00 in a report on Tuesday, December 23rd. iA Financial set a $9.00 price objective on shares of Spire Global in a report on Tuesday, December 23rd. HC Wainwright reaffirmed a “buy” rating and set a $19.00 price objective (up from $14.00) on shares of Spire Global in a report on Friday, January 23rd. Canaccord Genuity Group set a $22.00 price objective on shares of Spire Global and gave the stock a “buy” rating in a report on Friday. Finally, Stifel Nicolaus lifted their price objective on shares of Spire Global from $14.00 to $16.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.67.

Institutional Trading of Spire Global

Several hedge funds have recently added to or reduced their stakes in SPIR. AWM Investment Company Inc. lifted its stake in Spire Global by 1,044.0% in the second quarter. AWM Investment Company Inc. now owns 266,545 shares of the company’s stock worth $3,172,000 after purchasing an additional 243,246 shares during the last quarter. Lane Generational LLC lifted its stake in Spire Global by 40.4% in the fourth quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock worth $5,589,000 after purchasing an additional 214,532 shares during the last quarter. Stifel Financial Corp lifted its stake in Spire Global by 32.9% in the fourth quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock worth $3,934,000 after purchasing an additional 129,990 shares during the last quarter. DNB Asset Management AS bought a new stake in Spire Global in the fourth quarter worth $933,000. Finally, Raymond James Financial Inc. lifted its stake in Spire Global by 210.0% in the second quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock worth $2,046,000 after purchasing an additional 116,488 shares during the last quarter. 19.97% of the stock is owned by institutional investors.

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.