Spire Global (NYSE:SPIR) COO Perez Celia Pelez Sells 19,134 Shares of Stock

Spire Global, Inc. (NYSE:SPIR) COO Perez Celia Pelez sold 19,134 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $8.53, for a total value of $163,213.02. Following the transaction, the chief operating officer directly owned 267,776 shares in the company, valued at approximately $2,284,129.28. The trade was a 6.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Spire Global Stock Performance

Spire Global stock opened at $8.85 on Wednesday. The company has a market capitalization of $292.84 million, a P/E ratio of 23.28 and a beta of 2.46. Spire Global, Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $14.52. The stock has a 50-day simple moving average of $9.89 and a 200-day simple moving average of $9.94.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on SPIR shares. HC Wainwright reissued a “buy” rating and issued a $19.00 price objective (up from $14.00) on shares of Spire Global in a report on Friday, January 23rd. Wall Street Zen cut 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. Stifel Nicolaus set a $14.00 target price on shares of Spire Global and gave the company a “buy” rating in a report on Thursday, December 18th. Finally, Canaccord Genuity Group lowered their price target on Spire Global from $12.00 to $10.50 and set a “buy” rating on the stock in a report on Monday, December 22nd. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.42.

Hedge Funds Weigh In On Spire Global

A number of large investors have recently bought and sold shares of the company. Osaic Holdings Inc. purchased a new stake in shares of Spire Global in the second quarter valued at about $25,000. Russell Investments Group Ltd. purchased a new stake in Spire Global in the 3rd quarter valued at approximately $25,000. Atlantic Private Wealth LLC increased its position in Spire Global by 50.0% during the 3rd quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company’s stock worth $33,000 after purchasing an additional 1,000 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Spire Global by 84.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock worth $33,000 after buying an additional 1,260 shares in the last quarter. Finally, Leonteq Securities AG acquired a new stake in shares of Spire Global in the 4th quarter valued at approximately $44,000. Hedge funds and other institutional investors own 19.97% of the company’s stock.

About Spire Global

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.