Spire Global (NYSE:SPIR) CTO Johann Gabriel Oehme Sells 2,989 Shares of Stock

Spire Global, Inc. (NYSE:SPIR) CTO Johann Gabriel Oehme sold 2,989 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $14.09, for a total value of $42,115.01. Following the completion of the transaction, the chief technology officer directly owned 215,107 shares in the company, valued at $3,030,857.63. This trade represents a 1.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Price Performance

Shares of NYSE SPIR opened at $13.97 on Tuesday. The company has a market capitalization of $546.35 million, a price-to-earnings ratio of -5.23 and a beta of 2.55. The business has a 50-day moving average of $14.60 and a two-hundred day moving average of $14.98. Spire Global, Inc. has a 1 year low of $6.60 and a 1 year high of $25.93.

Spire Global (NYSE:SPIR) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.05). Spire Global had a negative net margin of 145.22% and a negative return on equity of 54.03%. The business had revenue of $18.05 million during the quarter, compared to analysts’ expectations of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. As a group, equities research analysts expect that Spire Global, Inc. will post -1.21 earnings per share for the current year.

Key Headlines Impacting Spire Global

Here are the key news stories impacting Spire Global this week:

• Positive Sentiment: Despite the sales, senior insiders continue to hold substantial positions. CEO Theresa Condor retained 948,686 shares, while Chairman Peter Platzer retained 1.47 million shares following the transactions.
• Neutral Sentiment: On August 20, Chairman Peter Platzer, COO Perez Celia Pelez, CTO Johann Gabriel Oehme, CEO Theresa Condor and CFO Alison K. Engel collectively sold 39,361 shares for approximately $554,600 at an average price of $14.09 per share. All five sales were attributed to tax withholding related to equity-award vesting. SEC insider transaction filings
• Negative Sentiment: The concentration of sales among Spire Global’s CEO, CFO, COO, CTO and chairman could nevertheless create near-term overhang for SPIR, particularly because investors may interpret broad insider selling as reduced conviction. The largest transaction was the CEO’s sale of 22,502 shares, reducing her direct holdings by 2.32%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SPIR shares. Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a report on Thursday, May 14th. Stifel Nicolaus set a $24.00 target price on shares of Spire Global and gave the company a “buy” rating in a research report on Thursday, June 4th. Canaccord Genuity Group set a $22.50 price target on shares of Spire Global and gave the stock a “buy” rating in a research note on Thursday, May 14th. Wall Street Zen raised shares of Spire Global from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Finally, Benchmark restated a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell 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 $16.70.

Hedge Funds Weigh In On Spire Global

Institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new stake in Spire Global during the 3rd quarter worth approximately $25,000. Osaic Holdings Inc. purchased a new stake in shares of Spire Global during the second quarter worth approximately $25,000. BNP Paribas Financial Markets lifted its holdings in shares of Spire Global by 84.6% during the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock worth $33,000 after purchasing an additional 1,260 shares during the period. Leonteq Securities AG acquired a new stake in shares of Spire Global during the fourth quarter worth $44,000. Finally, Tower Research Capital LLC TRC grew its position in Spire Global by 71.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock valued at $49,000 after buying an additional 1,699 shares during the last quarter. 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.