Key Points
- CEO Theresa Condor sold 1,201 shares on March 20 at an average price of $12.86 for $15,444.86, leaving her with 1,115,380 shares (a 0.11% ownership decrease); she also sold 41,712 shares on Feb. 20 at $8.53 (~$355,803).
- Spire (NYSE:SPIR) trades between a 1‑year low of $6.60 and high of $14.99, has a market cap of $458.35M and a P/E of 8.66, and carries a consensus rating of Moderate Buy with a $13.33 price target amid mixed analyst views (e.g., Stifel $16 buy, HC Wainwright $19 buy, Wall Street Zen "strong sell").
- Spire is a space-to-cloud data and analytics company operating a constellation of low‑Earth orbit nanosatellites that provide weather/climate, maritime AIS, and aviation tracking data for forecasting and fleet/traffic analytics.
Spire Global, Inc. (NYSE:SPIR - Get Free Report) CEO Theresa Condor sold 1,201 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $12.86, for a total value of $15,444.86. Following the completion of the transaction, the chief executive officer directly owned 1,115,380 shares of the company's stock, valued at $14,343,786.80. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Theresa Condor also recently made the following trade(s):
- On Friday, February 20th, Theresa Condor sold 41,712 shares of Spire Global stock. The shares were sold at an average price of $8.53, for a total value of $355,803.36.
Spire Global Price Performance
Shares of Spire Global stock opened at $13.68 on Thursday. Spire Global, Inc. has a 1-year low of $6.60 and a 1-year high of $14.99. The business's fifty day moving average price is $10.70 and its two-hundred day moving average price is $10.14. The company has a market capitalization of $458.35 million, a P/E ratio of 8.66 and a beta of 2.50.
Institutional Trading of Spire Global
Large investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. bought a new position in shares of Spire Global in the second quarter valued at $25,000. Russell Investments Group Ltd. acquired a new position in shares of Spire Global in the 3rd quarter worth $25,000. BNP Paribas Financial Markets raised its position in shares of Spire Global by 84.6% during the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company's stock worth $33,000 after purchasing an additional 1,260 shares during the period. Atlantic Private Wealth LLC lifted its holdings in shares of Spire Global by 50.0% during the third quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company's stock valued at $33,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Spire Global by 71.2% during the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company's stock valued at $49,000 after purchasing an additional 1,699 shares during the last quarter. 19.97% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms recently weighed in on SPIR. Stifel Nicolaus upped their price objective on shares of Spire Global from $14.00 to $16.00 and gave the stock a "buy" rating in a report on Thursday, March 19th. iA Financial set a $9.00 price target on shares of Spire Global in a research report on Tuesday, December 23rd. Weiss Ratings raised shares of Spire Global from a "sell (d+)" rating to a "hold (c)" rating in a research note on Friday, March 20th. Wall Street Zen cut shares of Spire Global from a "hold" rating to a "strong sell" rating in a report on Sunday, December 21st. Finally, HC Wainwright reiterated a "buy" rating and set a $19.00 price objective (up from $14.00) on shares of Spire Global in a research note on Friday, January 23rd. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $13.33.
Read Our Latest Analysis on Spire Global
Spire Global Company Profile
(
Get Free Report)
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.
Further Reading
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