Stephen Messer Sells 17,986 Shares of Spire Global (NYSE:SPIR) Stock

Spire Global, Inc. (NYSE:SPIR) Director Stephen Messer sold 17,986 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $14.06, for a total transaction of $252,883.16. Following the transaction, the director owned 83,667 shares in the company, valued at approximately $1,176,358.02. The trade was a 17.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Spire Global Stock Performance

Spire Global stock opened at $13.57 on Thursday. Spire Global, Inc. has a 1 year low of $6.60 and a 1 year high of $25.93. The firm has a 50 day moving average price of $14.44 and a 200 day moving average price of $15.03. The company has a market cap of $530.86 million, a price-to-earnings ratio of -5.08 and a beta of 2.55.

Spire Global (NYSE:SPIR) last posted its quarterly earnings results 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 company had revenue of $18.05 million for the quarter, compared to analysts’ expectations 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. Sell-side analysts predict that Spire Global, Inc. will post -1.5 EPS for the current year.

Spire Global News Roundup

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

• Positive Sentiment: NOAA awarded Spire a two-year, $28 million contract to advance hyperspectral microwave sounding technology for weather forecasting. Spire will use its existing satellite technology and infrastructure to build and qualify a satellite system aimed at eventual operational use. The award improves revenue visibility, strengthens Spire’s government business and validates its weather-data capabilities. NOAA contract announcement
• Positive Sentiment: Spire also secured an approximately €4 million, one-year renewal and expansion from EUMETSAT for satellite-based radio occultation weather data. The agreement builds on a previous contract of roughly €3 million and provides further evidence of demand from institutional weather agencies. EUMETSAT contract announcement
• Neutral Sentiment: CTO Johann Gabriel Oehme sold 2,989 shares, worth about $42,115, to cover tax withholding related to vested equity awards. Because the sale represented only 1.37% of his holdings and he retained more than 215,000 shares, the transaction appears less concerning than a discretionary reduction. CTO insider transaction filing
• Negative Sentiment: Director Stephen Messer sold 17,986 shares for approximately $252,883, reducing his position by 17.69%. The filing did not describe the sale as tax-related, potentially creating a near-term insider-selling overhang. Stephen Messer insider sale
• Negative Sentiment: Spire’s latest quarterly results remain a concern: the company missed both EPS and revenue estimates, posted a deeply negative net margin and continues to forecast a full-year loss. Investors will likely focus on whether the new contracts can accelerate growth and improve the company’s path to profitability.

Institutional Investors Weigh In On Spire Global

Institutional investors and hedge funds have recently modified their holdings of the stock. DNB Asset Management AS acquired a new stake in shares of Spire Global in the fourth quarter valued at about $933,000. AWM Investment Company Inc. acquired a new position in Spire Global during the 2nd quarter worth approximately $7,692,000. Auxano Advisors LLC boosted its holdings in Spire Global by 12.1% in the 4th quarter. Auxano Advisors LLC now owns 29,150 shares of the company’s stock worth $219,000 after acquiring an additional 3,150 shares during the period. Bank of New York Mellon Corp purchased a new position in Spire Global in the 2nd quarter worth approximately $1,737,000. Finally, Bank of America Corp DE grew its position in Spire Global by 27.1% in the first quarter. Bank of America Corp DE now owns 76,101 shares of the company’s stock valued at $957,000 after acquiring an additional 16,227 shares in the last quarter. Hedge funds and other institutional investors own 19.97% of the company’s stock.

Wall Street Analysts Forecast Growth

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