Peter Platzer Sells 5,100 Shares of Spire Global (NYSE:SPIR) Stock

Spire Global, Inc. (NYSE:SPIR) Chairman Peter Platzer sold 5,100 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $14.09, for a total value of $71,859.00. Following the completion of the transaction, the chairman directly owned 1,473,468 shares in the company, valued at $20,761,164.12. The trade was a 0.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Trading Down 1.1%

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

Spire Global (NYSE:SPIR) last announced its quarterly earnings results 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 company 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. As a group, equities analysts forecast that Spire Global, Inc. will post -1.5 EPS for the current year.

Key Spire Global News

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 Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a research report on Thursday, May 14th. Weiss Ratings cut shares of Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Canaccord Genuity Group set a $22.50 target price on Spire Global and gave the stock a “buy” rating in a report on Thursday, May 14th. Stifel Nicolaus set a $24.00 target price on Spire Global and gave the company a “buy” rating in a research note on Thursday, June 4th. Finally, Wall Street Zen upgraded Spire Global from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Four 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.70.

Institutional Investors Weigh In On Spire Global

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AWM Investment Company Inc. acquired a new position in Spire Global in the 2nd quarter worth $7,692,000. Lane Generational LLC raised its stake in shares of Spire Global by 40.4% in 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 period. Stifel Financial Corp lifted its holdings in shares of Spire Global by 32.9% in the fourth 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 in the last quarter. DNB Asset Management AS bought a new stake in shares of Spire Global in the fourth quarter valued at about $933,000. Finally, Raymond James Financial Inc. boosted its position in shares of Spire Global by 210.0% during the second quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock worth $2,046,000 after buying an additional 116,488 shares during the period. 19.97% of the stock is currently owned by institutional investors and hedge funds.

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.