Spire Global (NYSE:SPIR) Chairman Sells $474,420.78 in Stock

Spire Global, Inc. (NYSE:SPIR) Chairman Peter Platzer sold 54,783 shares of Spire Global stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $8.66, for a total value of $474,420.78. Following the sale, the chairman owned 1,549,576 shares of the company’s stock, valued at approximately $13,419,328.16. This trade represents a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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 transaction 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 transaction of $498,390.84.

Spire Global Price Performance

NYSE:SPIR opened at $21.45 on Monday. Spire Global, Inc. has a 1-year low of $6.60 and a 1-year high of $21.56. The company has a 50-day moving average of $11.51 and a 200 day moving average of $10.59. The firm has a market cap of $718.71 million, a PE ratio of 13.58 and a beta of 2.23.

Hedge Funds Weigh In On Spire Global

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. purchased a new position in Spire Global in the second quarter valued at about $25,000. Russell Investments Group Ltd. purchased a new position in Spire Global in the third quarter valued at about $25,000. Atlantic Private Wealth LLC grew its stake in Spire Global by 50.0% in the third quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company’s stock valued at $33,000 after purchasing an additional 1,000 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Spire Global by 84.6% in the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock valued at $33,000 after purchasing an additional 1,260 shares during the last quarter. Finally, Leonteq Securities AG purchased a new stake in shares of Spire Global during the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 19.97% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wall Street Zen lowered shares of Spire Global from a “hold” rating to a “strong sell” rating in a research note on Sunday, December 21st. iA Financial set a $9.00 price objective on shares of Spire Global in a research note on Tuesday, December 23rd. Canaccord Genuity Group set a $22.00 price objective on shares of Spire Global and gave the stock a “buy” rating in a research note on Friday. Alliance Global Partners lowered Spire Global from a “buy” rating to a “neutral” rating and cut their target price for the company from $17.00 to $9.00 in a research note on Tuesday, December 23rd. Finally, Stifel Nicolaus lifted their target price on Spire Global from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $14.67.

Trending Headlines about Spire Global

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.