Spire Global (NYSE:SPIR) Director Sells $252,883.16 in Stock

Spire Global, Inc. (NYSE:SPIR) Director Stephen Messer sold 17,986 shares of Spire Global stock in a transaction on Monday, August 24th. The shares were sold at an average price of $14.06, for a total value of $252,883.16. Following the sale, the director directly owned 83,667 shares of the company’s stock, valued at approximately $1,176,358.02. This trade represents a 17.69% 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.

Spire Global Trading Up 4.0%

SPIR opened at $14.08 on Friday. Spire Global, Inc. has a 12-month low of $6.60 and a 12-month high of $25.93. The business’s fifty day simple moving average is $14.35 and its 200-day simple moving average is $15.05. The company has a market capitalization of $550.89 million, a price-to-earnings ratio of -5.27 and a beta of 2.55.

Spire Global (NYSE:SPIR) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $18.05 million during the quarter, compared to the consensus estimate of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. On average, equities research analysts predict that Spire Global, Inc. will post -1.5 EPS for the current year.

Institutional Investors Weigh In On Spire Global

A number of hedge funds and other institutional investors have recently bought and sold shares of SPIR. AWM Investment Company Inc. acquired a new stake in Spire Global in the second quarter valued at approximately $7,692,000. Lane Generational LLC lifted its holdings in shares of Spire Global by 40.4% during the 4th quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock valued at $5,589,000 after purchasing an additional 214,532 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Spire Global by 32.9% during the 4th quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock valued at $3,934,000 after purchasing an additional 129,990 shares during the last quarter. DNB Asset Management AS acquired a new stake in shares of Spire Global in the 4th quarter worth $933,000. Finally, Raymond James Financial Inc. boosted its position in shares of Spire Global by 210.0% in the 2nd quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock worth $2,046,000 after purchasing an additional 116,488 shares in the last quarter. Hedge funds and other institutional investors own 19.97% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Weiss Ratings lowered shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Canaccord Genuity Group set a $22.50 target price on Spire Global and gave the company a “buy” rating in a research report on Thursday, May 14th. Benchmark reiterated a “buy” rating on shares of Spire Global in a report on Monday, August 3rd. Wall Street Zen raised Spire Global from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Finally, Stifel Nicolaus set a $24.00 price objective on Spire Global and gave the stock a “buy” rating in a research note on Thursday, June 4th. Four equities research 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’s stock. According to MarketBeat, Spire Global has a consensus rating of “Moderate Buy” and an average price target of $16.70.

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.