Insider Selling: Spire Global (NYSE:SPIR) CEO Sells 39,119 Shares of Stock

11 Apr 2026, 01:20 by Mitch Edgeman · The Markets Daily

Spire Global, Inc. (NYSE:SPIR – Get Free Report) CEO Theresa Condor sold 39,119 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $7.59, for a total transaction of $296,913.21. Following the completion of the transaction, the chief executive officer owned 991,917 shares in the company, valued at $7,528,650.03. This represents a 3.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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.

Theresa Condor also recently made the following trade(s):

On Wednesday, January 21st, Theresa Condor sold 1,201 shares of Spire Global stock. The stock was sold at an average price of $12.10, for a total transaction of $14,532.10.
On Friday, March 20th, Theresa Condor sold 1,201 shares of Spire Global stock. The stock was sold at an average price of $12.86, for a total transaction of $15,444.86.
On Friday, February 20th, Theresa Condor sold 41,712 shares of Spire Global stock. The stock was sold at an average price of $8.53, for a total transaction of $355,803.36.

Spire Global Stock Up 19.7%

Shares of Spire Global stock traded up $3.53 on Friday, hitting $21.45. The stock had a trading volume of 6,214,090 shares, 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 stock has a market cap of $718.71 million, a price-to-earnings ratio of 13.58 and a beta of 2.23. The stock’s 50-day simple moving average is $11.51 and its two-hundred day simple moving average is $10.61.

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 Upgrades and Downgrades

A number of analysts recently commented on SPIR shares. HC Wainwright reaffirmed a “buy” rating and issued a $19.00 price target (up from $14.00) on shares of Spire Global in a research note on Friday, January 23rd. Canaccord Genuity Group set a $22.00 price target on Spire Global and gave the stock a “buy” rating in a research note on Friday. Weiss Ratings raised Spire Global from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, March 20th. Wall Street Zen lowered Spire Global from a “hold” rating to a “strong sell” rating in a research note on Sunday, December 21st. Finally, iA Financial set a $9.00 price target on Spire Global in a research note on Tuesday, December 23rd. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $14.67.

Check Out Our Latest Report on Spire Global

Hedge Funds Weigh In On Spire Global

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPIR. AWM Investment Company Inc. lifted its position in Spire Global by 1,044.0% during the second quarter. AWM Investment Company Inc. now owns 266,545 shares of the company’s stock valued at $3,172,000 after buying an additional 243,246 shares during the period. Lane Generational LLC lifted its position in Spire Global by 40.4% during the fourth quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock valued at $5,589,000 after buying an additional 214,532 shares during the period. Stifel Financial Corp lifted its position in Spire Global by 32.9% during the fourth quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock valued at $3,934,000 after buying an additional 129,990 shares during the period. DNB Asset Management AS purchased a new position in Spire Global during the fourth quarter valued at $933,000. Finally, Raymond James Financial Inc. lifted its position in Spire Global by 210.0% during the second quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock valued at $2,046,000 after buying an additional 116,488 shares during the period. Hedge funds and other institutional investors own 19.97% of the company’s stock.

About Spire Global

(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.