Spire Global (NYSE:SPIR) Chairman Peter Platzer Sells 1,805 Shares

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

Spire Global, Inc. (NYSE:SPIR – Get Free Report) Chairman Peter Platzer sold 1,805 shares of the company’s stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $9.92, for a total value of $17,905.60. Following the sale, the chairman owned 1,606,160 shares in the company, valued at approximately $15,933,107.20. This represents a 0.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 stock was 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 stock was 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 stock was sold at an average price of $8.53, for a total value of $498,390.84.

Spire Global Trading Up 19.7%

Shares of Spire Global stock traded up $3.53 on Friday, reaching $21.45. 6,214,090 shares of the company were exchanged, compared to its average volume of 1,517,140. Spire Global, Inc. has a one year low of $6.60 and a one year high of $21.56. The company has a market capitalization of $718.71 million, a price-to-earnings ratio of 13.58 and a beta of 2.23. The company has a 50-day moving average of $11.51 and a 200 day moving average of $10.61.

Spire Global News Summary

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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. acquired a new position in Spire Global in the 2nd quarter valued at $25,000. Russell Investments Group Ltd. acquired a new position in Spire Global in the 3rd quarter valued at $25,000. Atlantic Private Wealth LLC grew its holdings in Spire Global by 50.0% in the 3rd quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company’s stock valued at $33,000 after buying an additional 1,000 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Spire Global by 84.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock valued at $33,000 after buying an additional 1,260 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in Spire Global in the 4th quarter valued at $44,000. 19.97% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SPIR. Alliance Global Partners lowered Spire Global from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $17.00 to $9.00 in a report on Tuesday, December 23rd. Weiss Ratings raised Spire Global from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, March 20th. iA Financial set a $9.00 target price on Spire Global in a report on Tuesday, December 23rd. Canaccord Genuity Group set a $22.00 target price on Spire Global and gave the stock a “buy” rating in a report on Friday. Finally, Wall Street Zen lowered Spire Global from a “hold” rating to a “strong sell” rating in a report on Sunday, December 21st. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $14.67.

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Spire Global Company Profile

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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.