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

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

Spire Global Stock Performance

Shares of NYSE SPIR opened at $13.72 on Wednesday. Spire Global, Inc. has a 1 year low of $6.60 and a 1 year high of $25.93. The firm’s 50 day moving average price is $14.53 and its 200 day moving average price is $15.00. The firm has a market cap of $536.57 million, a P/E ratio of -5.14 and a beta of 2.55.

Spire Global (NYSE:SPIRGet Free Report) last released its earnings results on Wednesday, August 12th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.05). Spire Global had a negative return on equity of 54.03% and a negative net margin of 145.22%.The firm 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 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 institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its stake in Spire Global by 382.3% during the second quarter. California State Teachers Retirement System now owns 7,645 shares of the company’s stock worth $142,000 after acquiring an additional 6,060 shares during the last quarter. AWM Investment Company Inc. acquired a new position in shares of Spire Global in the 2nd quarter valued at about $7,692,000. Bank of New York Mellon Corp purchased a new stake in shares of Spire Global during the 2nd quarter worth about $1,737,000. Bank of America Corp DE increased its position in Spire Global by 27.1% during the 1st quarter. Bank of America Corp DE now owns 76,101 shares of the company’s stock worth $957,000 after purchasing an additional 16,227 shares in the last quarter. Finally, Parvin Asset Management LLC increased its position in Spire Global by 11.4% during the 1st quarter. Parvin Asset Management LLC now owns 11,725 shares of the company’s stock worth $148,000 after purchasing an additional 1,200 shares in the last quarter. Hedge funds and other institutional investors own 19.97% of the company’s stock.

Spire Global News Roundup

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

  • Positive Sentiment: Spire Global secured a roughly €4 million, one-year contract renewal and expansion from EUMETSAT, Europe’s meteorological satellite agency. The agreement expands Spire’s delivery of satellite-based radio occultation weather data and builds on a previously announced approximately €3 million contract, improving revenue visibility and validating demand for the company’s weather-intelligence products. EUMETSAT contract announcement
  • Neutral Sentiment: Several senior executives—including the CEO, CFO, COO, CTO and chairman—sold shares on August 20 at approximately $14.09 each to cover tax-withholding obligations tied to vested equity awards. Collectively, they sold 39,361 shares worth about $554,600, but continued to hold substantial stakes in SPIR. SEC insider transaction filing
  • Negative Sentiment: Director Stephen Messer separately sold 17,986 Class A shares for approximately $252,883, reducing his position by 17.69% to 83,667 shares. Because the filing does not identify the transaction as tax-related, the larger proportional reduction could create additional near-term selling pressure or raise questions about insider conviction. Stephen Messer insider sale
  • Negative Sentiment: The contract news is being offset by Spire Global’s ongoing financial risk. The company recently missed quarterly EPS and revenue expectations, remains unprofitable, and has negative margins. Analysts expect a full-year loss, making execution on new contracts important for supporting the stock’s valuation.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SPIR shares. Wall Street Zen upgraded Spire Global from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Stifel Nicolaus set a $24.00 price objective on shares of Spire Global and gave the company a “buy” rating in a research note on Thursday, June 4th. Benchmark reiterated a “buy” rating on shares of Spire Global in a report on Monday, August 3rd. Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a research report on Thursday, May 14th. Finally, Weiss Ratings downgraded shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.70.

View Our Latest Stock Report on Spire Global

About Spire Global

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Spire Global (NYSE:SPIR)

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