Insider Selling: Spire Global (NYSE:SPIR) CEO Sells 21,933 Shares of Stock

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

Spire Global, Inc. (NYSE:SPIR – Get Free Report) CEO Theresa Condor sold 21,933 shares of the company’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $11.44, for a total transaction of $250,913.52. Following the sale, the chief executive officer owned 1,074,973 shares of the company’s stock, valued at $12,297,691.12. This trade represents a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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.

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

On Wednesday, January 21st, Theresa Condor sold 1,201 shares of Spire Global stock. The shares were 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 shares were 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 shares were sold at an average price of $8.53, for a total transaction of $355,803.36.

Spire Global Stock Up 19.7%

SPIR stock traded up $3.53 during mid-day trading on Friday, reaching $21.45. 6,214,090 shares of the stock traded hands, compared to its average volume of 1,517,140. Spire Global, Inc. has a 52 week low of $6.60 and a 52 week high of $21.56. The business has a 50-day moving average of $11.51 and a two-hundred day moving average of $10.61. The firm has a market capitalization of $718.71 million, a PE ratio of 13.58 and a beta of 2.23.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Lane Generational LLC raised its position in Spire Global by 40.4% in the fourth quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock worth $5,589,000 after purchasing an additional 214,532 shares in the last quarter. State Street Corp raised its position in Spire Global by 1.4% in the fourth quarter. State Street Corp now owns 528,164 shares of the company’s stock worth $3,961,000 after purchasing an additional 7,253 shares in the last quarter. Stifel Financial Corp raised its position in Spire Global by 32.9% in the fourth quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock worth $3,934,000 after purchasing an additional 129,990 shares in the last quarter. AWM Investment Company Inc. raised its position in Spire Global by 25.7% in the fourth quarter. AWM Investment Company Inc. now owns 418,287 shares of the company’s stock worth $3,137,000 after purchasing an additional 85,492 shares in the last quarter. Finally, Marshall Wace LLP raised its position in Spire Global by 58.0% in the second quarter. Marshall Wace LLP now owns 269,401 shares of the company’s stock worth $3,206,000 after purchasing an additional 98,925 shares in the last quarter. Institutional investors and hedge funds own 19.97% of the company’s stock.

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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SPIR shares. 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 increased their target price on shares of Spire Global from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. iA Financial set a $9.00 target price on shares of Spire Global in a research note on Tuesday, December 23rd. 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. Finally, Alliance Global Partners cut shares of Spire Global from a “buy” rating to a “neutral” rating and reduced their target price for the company from $17.00 to $9.00 in a research note 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. Based on data from MarketBeat, Spire Global has an average rating of “Moderate Buy” and a consensus price target of $14.67.

Get Our Latest Stock 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.