Spire Global, Inc. (NYSE:SPIR – Get Free Report) CEO Theresa Condor sold 1,212 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $12.02, for a total value of $14,568.24. Following the completion of the transaction, the chief executive officer directly owned 1,031,036 shares in the company, valued at $12,393,052.72. The trade was a 0.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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.
Theresa Condor also recently made the following trade(s):
- On Wednesday, January 21st, Theresa Condor sold 1,201 shares of Spire Global stock. The stock was sold at an average price of $12.10, for a total value of $14,532.10.
- On Friday, March 20th, Theresa Condor sold 1,201 shares of Spire Global stock. The stock was sold at an average price of $12.86, for a total value of $15,444.86.
- On Friday, February 20th, Theresa Condor sold 41,712 shares of Spire Global stock. The stock was sold at an average price of $8.53, for a total value of $355,803.36.
Spire Global Price Performance
Shares of SPIR opened at $21.45 on Friday. The company 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 one year low of $6.60 and a one year high of $21.56. The business’s 50 day simple moving average is $11.51 and its 200-day simple moving average is $10.60.
Wall Street Analysts Forecast Growth
View Our Latest Report on Spire Global
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.
Institutional Investors Weigh In On Spire Global
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPIR. Royal Bank of Canada increased its holdings in Spire Global by 164.6% in the first quarter. Royal Bank of Canada now owns 46,728 shares of the company’s stock valued at $378,000 after purchasing an additional 29,066 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Spire Global by 78.3% in the second quarter. JPMorgan Chase & Co. now owns 19,119 shares of the company’s stock valued at $228,000 after purchasing an additional 8,395 shares during the last quarter. Rhumbline Advisers increased its holdings in Spire Global by 22.3% in the second quarter. Rhumbline Advisers now owns 39,240 shares of the company’s stock valued at $467,000 after purchasing an additional 7,165 shares during the last quarter. Invesco Ltd. increased its holdings in Spire Global by 19.5% in the second quarter. Invesco Ltd. now owns 12,623 shares of the company’s stock valued at $150,000 after purchasing an additional 2,062 shares during the last quarter. Finally, Marshall Wace LLP increased its holdings in Spire Global by 58.0% in the second quarter. Marshall Wace LLP now owns 269,401 shares of the company’s stock valued at $3,206,000 after purchasing an additional 98,925 shares during the last quarter. 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.
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