Spire Global, Inc. (NYSE:SPIR – Get Free Report) CEO Theresa Condor sold 22,502 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $14.09, for a total value of $317,053.18. Following the completion of the sale, the chief executive officer owned 948,686 shares of the company’s stock, valued at $13,366,985.74. The trade was a 2.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 stock has a market capitalization of $546.35 million, a P/E ratio of -5.23 and a beta of 2.55. Spire Global, Inc. has a one year low of $6.60 and a one year high of $25.93. The firm’s 50 day simple moving average is $14.60 and its two-hundred day simple moving average is $14.98.
Spire Global (NYSE:SPIR – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.05). The business had revenue of $18.05 million during the quarter, compared to the consensus estimate of $18.53 million. Spire Global had a negative return on equity of 54.03% and a negative net margin of 145.22%.Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. As a group, equities analysts expect that Spire Global, Inc. will post -1.21 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Report on Spire Global
Spire Global News Roundup
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%.
Institutional Trading of Spire Global
A number of institutional investors and hedge funds have recently bought and sold shares of SPIR. Russell Investments Group Ltd. bought a new position in shares of Spire Global in the third quarter worth approximately $25,000. Osaic Holdings Inc. purchased a new stake in Spire Global during the 2nd quarter valued at $25,000. BNP Paribas Financial Markets increased its holdings in shares of Spire Global by 84.6% in the 2nd 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 in the last quarter. Leonteq Securities AG purchased a new position in shares of Spire Global in the fourth quarter worth $44,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of Spire Global by 71.2% in the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock worth $49,000 after purchasing an additional 1,699 shares during the last quarter. 19.97% of the stock is currently owned by institutional investors.
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.
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