Spire Global (NYSE:SPIR) CFO Sells $60,389.74 in Stock

Spire Global, Inc. (NYSE:SPIR) CFO Alison Engel sold 4,286 shares of the 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 $60,389.74. Following the completion of the sale, the chief financial officer owned 261,552 shares of the company’s stock, valued at approximately $3,685,267.68. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Spire Global Stock Performance

Shares of SPIR stock opened at $13.57 on Thursday. Spire Global, Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $25.93. The firm has a market cap of $530.86 million, a P/E ratio of -5.08 and a beta of 2.55. The business’s 50 day moving average price is $14.44 and its 200-day moving average price is $15.03.

Spire Global (NYSE:SPIR) last announced its 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 business had revenue of $18.05 million for 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 predict that Spire Global, Inc. will post -1.5 EPS for the current year.

Hedge Funds Weigh In On Spire Global

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new stake in shares of Spire Global during the 3rd quarter valued at $25,000. Osaic Holdings Inc. bought a new position in shares of Spire Global in the 2nd quarter worth about $25,000. BNP Paribas Financial Markets increased its stake 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 acquiring an additional 1,260 shares in the last quarter. Leonteq Securities AG purchased a new position in Spire Global during the 4th quarter valued at about $44,000. Finally, Tower Research Capital LLC TRC boosted its stake in Spire Global by 71.2% during the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock worth $49,000 after acquiring an additional 1,699 shares in the last quarter. Hedge funds and other institutional investors own 19.97% of the company’s stock.

Spire Global News Summary

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.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Benchmark reaffirmed a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Stifel Nicolaus set a $24.00 price target on shares of Spire Global and gave the stock a “buy” rating in a research note on Thursday, June 4th. Canaccord Genuity Group set a $22.50 price objective on shares of Spire Global and gave the stock a “buy” rating in a report on Thursday, May 14th. Weiss Ratings cut Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Finally, Wall Street Zen upgraded Spire Global from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company 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.