Insider Selling: Spire Global (NYSE:SPIR) Chairman Sells 54,783 Shares of Stock

10 Apr 2026, 21:20 by Renee Jackson · The Cerbat Gem

Spire Global, Inc. (NYSE:SPIR – Get Free Report) Chairman Peter Platzer sold 54,783 shares of Spire Global stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $8.66, for a total value of $474,420.78. Following the sale, the chairman directly owned 1,549,576 shares in the company, valued at $13,419,328.16. This trade represents a 3.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Peter Platzer also recently made the following trade(s):

On Wednesday, January 21st, Peter Platzer sold 1,801 shares of Spire Global stock. The shares were sold at an average price of $12.10, for a total value of $21,792.10.
On Friday, March 20th, Peter Platzer sold 1,801 shares of Spire Global stock. The shares were sold at an average price of $12.86, for a total value of $23,160.86.
On Friday, February 20th, Peter Platzer sold 58,428 shares of Spire Global stock. The shares were sold at an average price of $8.53, for a total value of $498,390.84.

Spire Global Trading Up 19.7%

SPIR traded up $3.53 on Friday, hitting $21.45. 6,214,090 shares of the company’s stock traded hands, compared to its average volume of 1,517,140. The company’s 50 day simple moving average is $11.51 and its 200-day simple moving average is $10.61. The firm has a market cap of $718.71 million, a price-to-earnings ratio of 13.58 and a beta of 2.23. Spire Global, Inc. has a one year low of $6.60 and a one year high of $21.56.

Hedge Funds Weigh In On Spire Global

Several large investors have recently modified their holdings of SPIR. Royal Bank of Canada increased its position in shares of Spire Global by 164.6% during the 1st quarter. Royal Bank of Canada now owns 46,728 shares of the company’s stock valued at $378,000 after purchasing an additional 29,066 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Spire Global by 78.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 19,119 shares of the company’s stock valued at $228,000 after purchasing an additional 8,395 shares during the last quarter. Rhumbline Advisers increased its position in shares of Spire Global by 22.3% during the 2nd quarter. Rhumbline Advisers now owns 39,240 shares of the company’s stock valued at $467,000 after purchasing an additional 7,165 shares during the last quarter. Invesco Ltd. increased its position in shares of Spire Global by 19.5% during the 2nd quarter. Invesco Ltd. now owns 12,623 shares of the company’s stock valued at $150,000 after purchasing an additional 2,062 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in 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.

Key Spire Global News

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

Positive Sentiment: Unusually large call‑option buying (3,033 calls, ~+284% vs. typical daily volume) suggests bullish speculative flows or hedged buying that can amplify upward price moves.
Positive Sentiment: Shares traded on significantly higher volume versus average (indicative of fresh buyer interest and short‑covering), supporting the intraday recovery.
Neutral Sentiment: Analyst/coverage piece and product focus: expanded AI agriculture intelligence platform could be a longer‑term revenue catalyst, but timing and monetization are uncertain. Assessing Spire Global (SPIR) Valuation After Expanded AI Agriculture Intelligence Platform Launch
Negative Sentiment: Spire announced a $70 million private placement to raise capital; the raise is dilutive and was the proximate cause of the initial selloff. Spire Global Announces $70.0 Million Private Placement
Negative Sentiment: Market headlines emphasized the dilutive raise and drove sharp downside pressure shortly after the announcement. Spire Global Shares Sink on $70 Million Private Placement Spire Global stock tumbles 20% on dilutive private placement Spire Global to raise $70 million in private placement
Negative Sentiment: Guidance was trimmed: FY‑2026 EPS and revenue ranges imply slightly worse EPS vs. consensus and a revenue midpoint roughly in line to below expectations; Q1 revenue and EPS guidance are notably below consensus — a clear short‑term headwind.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. HC Wainwright restated a “buy” rating and set a $19.00 price target (up from $14.00) on shares of Spire Global in a report on Friday, January 23rd. Stifel Nicolaus raised their price target on Spire Global from $14.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Wall Street Zen cut Spire Global from a “hold” rating to a “strong sell” rating in a report on Sunday, December 21st. Weiss Ratings upgraded Spire Global from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, March 20th. Finally, Alliance Global Partners cut Spire Global from a “buy” rating to a “neutral” rating and cut their price target for the company from $17.00 to $9.00 in a report on Tuesday, December 23rd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $14.67.

Check Out Our Latest Analysis on SPIR

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.