Theresa Condor Sells 1,208 Shares of Spire Global (NYSE:SPIR) Stock

by · The Cerbat Gem

Spire Global, Inc. (NYSE:SPIRGet Free Report) CEO Theresa Condor sold 1,208 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $10.42, for a total value of $12,587.36. Following the completion of the sale, the chief executive officer directly owned 1,032,248 shares of the company’s stock, valued at approximately $10,756,024.16. This represents a 0.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 shares were sold at an average price of $12.10, for a total value 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 value 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 value of $355,803.36.

Spire Global Price Performance

Shares of NYSE:SPIR traded up $3.53 during midday trading on Friday, hitting $21.45. The company had a trading volume of 6,214,090 shares, compared to its average volume of 1,517,140. The stock 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 twelve month low of $6.60 and a twelve month high of $21.56. The business’s 50-day simple moving average is $11.51 and its 200-day simple moving average is $10.61.

Institutional Trading of Spire Global

Hedge funds and other institutional investors have recently bought and sold shares of the business. AWM Investment Company Inc. raised its stake in Spire Global by 1,044.0% in 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 in the last quarter. Osaic Holdings Inc. acquired a new stake in Spire Global in the second quarter valued at $25,000. Leonteq Securities AG acquired a new stake in Spire Global in the fourth quarter valued at $44,000. DNB Asset Management AS acquired a new stake in Spire Global in the fourth quarter valued at $933,000. Finally, Auxano Advisors LLC raised its stake in Spire Global by 12.1% in the fourth quarter. Auxano Advisors LLC now owns 29,150 shares of the company’s stock valued at $219,000 after buying an additional 3,150 shares in the last quarter. 19.97% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Spire Global

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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wall Street Zen lowered Spire Global from a “hold” rating to a “strong sell” rating in a research report on Sunday, December 21st. Weiss Ratings upgraded Spire Global from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, March 20th. Alliance Global Partners lowered Spire Global from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $17.00 to $9.00 in a research report on Tuesday, December 23rd. Canaccord Genuity Group set a $22.00 price target on Spire Global and gave the stock a “buy” rating in a research report on Friday. Finally, HC Wainwright restated a “buy” rating and set a $19.00 price target (up from $14.00) on shares of Spire Global in a research report on Friday, January 23rd. Three investment 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, Spire Global presently has an average rating of “Moderate Buy” and a consensus target price of $14.67.

Read Our Latest Research Report on Spire Global

About Spire Global

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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.

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.

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