Theresa Condor Sells 1,212 Shares of Spire Global (NYSE:SPIR) Stock
by Mitch Edgeman · The Markets DailySpire Global, Inc. (NYSE:SPIR – Get Free Report) CEO Theresa Condor sold 1,212 shares of the business’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $12.02, for a total transaction of $14,568.24. Following the completion of the sale, the chief executive officer owned 1,031,036 shares of the company’s stock, valued at $12,393,052.72. The trade was a 0.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 Performance
Shares of Spire Global stock traded up $3.53 on Friday, reaching $21.45. The stock had a trading volume of 6,214,090 shares, compared to its average volume of 1,517,140. The business’s 50-day moving average price is $11.51 and its two-hundred day moving average price is $10.61. Spire Global, Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $21.56. The stock has a market cap of $718.71 million, a P/E ratio of 13.58 and a beta of 2.23.
Analysts Set New Price Targets
Several equities analysts recently commented on the stock. Canaccord Genuity Group set a $22.00 target price on shares of Spire Global and gave the company a “buy” rating in a research note on Friday. iA Financial set a $9.00 target price on shares of Spire Global in a research note on Tuesday, December 23rd. Alliance Global Partners cut shares of Spire Global from a “buy” rating to a “neutral” rating and cut their target price for the company from $17.00 to $9.00 in a research note on Tuesday, December 23rd. Weiss Ratings upgraded shares of Spire Global from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, March 20th. Finally, Wall Street Zen cut shares of Spire Global from a “hold” rating to a “strong sell” rating in a research note on Sunday, December 21st. 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 data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $14.67.
View Our Latest Report on Spire Global
Spire Global News Roundup
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 Investors Weigh In On Spire Global
Several institutional investors and hedge funds have recently bought and sold shares of SPIR. Royal Bank of Canada increased its holdings in Spire Global by 164.6% in the 1st quarter. Royal Bank of Canada now owns 46,728 shares of the company’s stock valued at $378,000 after buying an additional 29,066 shares during the period. JPMorgan Chase & Co. increased its holdings in Spire Global by 78.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 19,119 shares of the company’s stock valued at $228,000 after buying an additional 8,395 shares during the period. Rhumbline Advisers increased its holdings in Spire Global by 22.3% in the 2nd quarter. Rhumbline Advisers now owns 39,240 shares of the company’s stock valued at $467,000 after buying an additional 7,165 shares during the period. Invesco Ltd. increased its holdings in Spire Global by 19.5% in the 2nd quarter. Invesco Ltd. now owns 12,623 shares of the company’s stock valued at $150,000 after buying an additional 2,062 shares during the period. Finally, Marshall Wace LLP increased its holdings in Spire Global by 58.0% in the 2nd quarter. Marshall Wace LLP now owns 269,401 shares of the company’s stock valued at $3,206,000 after buying an additional 98,925 shares during the period. Institutional investors own 19.97% of the company’s stock.
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.