Spire Global (NYSE:SPIR) Chairman Sells $18,870.62 in Stock

Spire Global, Inc. (NYSE:SPIR) Chairman Peter Platzer sold 1,811 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $10.42, for a total value of $18,870.62. Following the completion of the transaction, the chairman owned 1,547,765 shares in the company, valued at $16,127,711.30. This represents a 0.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 shares were 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 shares were sold at an average price of $8.53, for a total value of $498,390.84.

Spire Global Price Performance

Shares of SPIR opened at $21.45 on Monday. The company has a market capitalization of $718.71 million, a price-to-earnings ratio of 13.58 and a beta of 2.23. Spire Global, Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $21.56. The business’s 50-day moving average is $11.51 and its 200-day moving average is $10.59.

Wall Street Analysts Forecast Growth

SPIR has been the topic of a number of research reports. HC Wainwright reiterated 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. iA Financial set a $9.00 target price on Spire Global in a report on Tuesday, December 23rd. Stifel Nicolaus upped their target price on Spire Global from $14.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Weiss Ratings upgraded Spire Global from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, March 20th. Finally, Alliance Global Partners downgraded 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. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Spire Global currently has an average rating of “Moderate Buy” and a consensus target price of $14.67.

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.

Hedge Funds Weigh In On Spire Global

A number of hedge funds have recently added to or reduced their stakes in the company. AWM Investment Company Inc. boosted its position in Spire Global by 1,044.0% during 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 period. Lane Generational LLC boosted its position in Spire Global by 40.4% during 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 period. Stifel Financial Corp boosted its position in Spire Global by 32.9% during 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 period. DNB Asset Management AS bought a new stake in Spire Global during the fourth quarter worth approximately $933,000. Finally, Raymond James Financial Inc. boosted its position in Spire Global by 210.0% during 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 period. Institutional investors and hedge funds own 19.97% of the company’s stock.

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.