Spire Global (NYSE:SPIR) Chairman Sells $266,972.04 in Stock

Spire Global, Inc. (NYSE:SPIR) Chairman Peter Platzer sold 30,546 shares of the firm’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 $266,972.04. Following the sale, the chairman owned 1,661,254 shares in the company, valued at approximately $14,519,359.96. The trade was a 1.81% decrease in their ownership of the stock. 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 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%

SPIR stock 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 stock’s 50 day moving average is $11.51 and its two-hundred day moving average is $10.59. The company has a market capitalization of $718.71 million, a PE ratio of 13.58 and a beta of 2.23.

Institutional Investors Weigh In On Spire Global

Several institutional investors and hedge funds have recently bought and sold shares of SPIR. AWM Investment Company Inc. raised its stake 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 acquiring an additional 243,246 shares during the period. Lane Generational LLC boosted its position in Spire Global by 40.4% during the 4th quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock valued at $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 4th quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock valued at $3,934,000 after purchasing an additional 129,990 shares during the period. DNB Asset Management AS acquired a new position in Spire Global during the 4th quarter valued at approximately $933,000. Finally, Raymond James Financial Inc. boosted its position in Spire Global by 210.0% during the 2nd quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock valued at $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.

Analysts Set New Price Targets

Several research analysts have recently commented on SPIR shares. Alliance Global Partners lowered Spire Global from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $17.00 to $9.00 in a research report on Tuesday, December 23rd. HC Wainwright reiterated a “buy” rating and issued a $19.00 target price (up from $14.00) on shares of Spire Global in a research report on Friday, January 23rd. Stifel Nicolaus lifted their target price on Spire Global from $14.00 to $16.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Wall Street Zen lowered Spire Global from a “hold” rating to a “strong sell” rating in a research report on Sunday, December 21st. Finally, iA Financial set a $9.00 target price on Spire Global in a research report on Tuesday, December 23rd. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.

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.