Perez Celia Pelez Sells 4,484 Shares of Spire Global (NYSE:SPIR) Stock

Spire Global, Inc. (NYSE:SPIR) COO Perez Celia Pelez sold 4,484 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $14.09, for a total transaction of $63,179.56. Following the sale, the chief operating officer directly owned 258,632 shares in the company, valued at $3,644,124.88. This represents a 1.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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 traded up $0.03 during midday trading on Monday, hitting $13.97. The company’s stock had a trading volume of 796,263 shares, compared to its average volume of 1,207,394. The firm has a market capitalization of $546.28 million, a price-to-earnings ratio of -5.23 and a beta of 2.55. The business’s fifty day simple moving average is $14.60 and its two-hundred day simple moving average is $14.98. Spire Global, Inc. has a 1 year low of $6.60 and a 1 year high of $25.93.

Spire Global (NYSE:SPIR) last announced its earnings results 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). The business 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. Analysts anticipate that Spire Global, Inc. will post -1.21 EPS for the current fiscal year.

Institutional Investors Weigh In On Spire Global

A number of hedge funds and other institutional investors have recently modified their holdings of SPIR. ARS Investment Partners LLC lifted its position in shares of Spire Global by 2.6% during the 1st quarter. ARS Investment Partners LLC now owns 31,497 shares of the company’s stock worth $396,000 after buying an additional 785 shares during the last quarter. Parvin Asset Management LLC raised its stake 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 acquiring an additional 1,200 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Spire Global by 84.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock worth $33,000 after acquiring an additional 1,260 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Spire Global by 12.7% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,025 shares of the company’s stock valued at $179,000 after acquiring an additional 1,695 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in Spire Global by 71.2% in the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock valued at $49,000 after acquiring an additional 1,699 shares during the last quarter. 19.97% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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