Spire Global (NYSE:SPIR) Chairman Sells $609,626.16 in Stock

Spire Global, Inc. (NYSE:SPIR) Chairman Peter Platzer sold 53,289 shares of the company’s stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $11.44, for a total value of $609,626.16. Following the completion of the transaction, the chairman directly owned 1,607,965 shares in the company, valued at $18,395,119.60. This represents a 3.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 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 Stock Performance

NYSE SPIR opened at $21.45 on Monday. The stock has a market capitalization of $718.71 million, a P/E ratio of 13.58 and a beta of 2.23. Spire Global, Inc. has a 1 year low of $6.60 and a 1 year high of $21.56. The business’s fifty day moving average is $11.51 and its two-hundred day moving average is $10.59.

Institutional Trading of Spire Global

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

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.

Wall Street Analysts Forecast Growth

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