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

Spire Global, Inc. (NYSE:SPIR) Director Stephen Messer sold 17,986 shares of Spire Global stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $14.06, for a total transaction of $252,883.16. Following the completion of the sale, the director owned 83,667 shares of the company’s stock, valued at $1,176,358.02. This represents 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 accessible through the SEC website.

Spire Global Stock Down 2.0%

NYSE:SPIR traded down $0.28 during trading hours on Tuesday, hitting $13.59. 134,259 shares of the stock traded hands, compared to its average volume of 1,200,626. The company has a market cap of $531.64 million, a price-to-earnings ratio of -5.09 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 has a 50 day moving average price of $14.60 and a 200 day moving average price of $14.98.

Spire Global (NYSE:SPIR) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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. Equities analysts forecast that Spire Global, Inc. will post -1.21 earnings per share for the current fiscal year.

Trending Headlines about Spire Global

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

• Positive Sentiment: European meteorological agency EUMETSAT awarded Spire an approximately €4 million, one-year contract renewal and expansion for satellite radio-occultation weather data. The agreement builds on a prior €3 million contract, strengthening Spire’s recurring revenue base and validating demand for its weather-intelligence services. EUMETSAT awards Spire Global contract renewal and expansion
• Neutral Sentiment: Analyst opinion remains mixed but leans favorable: four analysts rate SPIR Buy, one rates it Hold and one rates it Sell. The consensus rating is Moderate Buy, with an average price target of $16.70, while Weiss Ratings recently downgraded the shares to Sell. Recent institutional activity has also included several position increases.
• Neutral Sentiment: Spire’s CEO, CFO, COO, CTO and chairman collectively sold 39,361 shares for about $554,600 at $14.09 per share. The filings state that the sales were made to cover tax withholding tied to vested equity awards, and the executives retained substantial holdings, reducing the significance of the transactions as a direct bearish signal. Spire Global insider transactions
• Negative Sentiment: The company remains unprofitable and recently reported quarterly EPS of negative $0.31, below the negative $0.26 consensus estimate, while revenue of $18.05 million also missed expectations. Spire’s negative net margin and continued projected losses leave execution and cash generation as important risks despite the contract win.

Hedge Funds Weigh In On Spire Global

Large investors have recently bought and sold shares of the business. Lane Generational LLC grew its position in Spire Global by 40.4% during the 4th quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock worth $5,589,000 after purchasing an additional 214,532 shares during the last quarter. State Street Corp grew its position in Spire Global by 1.4% during the fourth quarter. State Street Corp now owns 528,164 shares of the company’s stock valued at $3,961,000 after buying an additional 7,253 shares during the period. Stifel Financial Corp raised its position 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 worth $3,934,000 after acquiring an additional 129,990 shares during the period. AWM Investment Company Inc. boosted its stake in shares of Spire Global by 25.7% during the 4th quarter. AWM Investment Company Inc. now owns 418,287 shares of the company’s stock worth $3,137,000 after acquiring an additional 85,492 shares in the last quarter. Finally, Marshall Wace LLP grew its position in shares of Spire Global by 58.0% during the 2nd quarter. Marshall Wace LLP now owns 269,401 shares of the company’s stock valued at $3,206,000 after acquiring an additional 98,925 shares during the period. Institutional investors own 19.97% of the company’s stock.

Analyst Ratings Changes

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

Spire Global Company Profile

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.