Spire Global, Inc. (NYSE:SPIR - Get Free Report) Chairman Peter Platzer sold 27,293 shares of the stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $9.28, for a total transaction of $253,279.04. Following the transaction, the chairman now directly owns 1,588,609 shares in the company, valued at $14,742,291.52. The trade was a 1.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Peter Platzer also recently made the following trade(s):
- On Tuesday, March 18th, Peter Platzer sold 27,564 shares of Spire Global stock. The stock was sold at an average price of $8.57, for a total value of $236,223.48.
- On Tuesday, March 4th, Peter Platzer sold 145,600 shares of Spire Global stock. The shares were sold at an average price of $10.38, for a total value of $1,511,328.00.
- On Friday, February 21st, Peter Platzer sold 51,346 shares of Spire Global stock. The stock was sold at an average price of $11.27, for a total value of $578,669.42.
Spire Global Stock Performance
Shares of SPIR opened at $8.56 on Friday. The company has a 50-day simple moving average of $9.92 and a 200-day simple moving average of $12.38. Spire Global, Inc. has a 52 week low of $6.26 and a 52 week high of $21.43. The firm has a market capitalization of $265.05 million, a P/E ratio of -2.46 and a beta of 2.42.
Analyst Ratings Changes
A number of brokerages have recently weighed in on SPIR. Stifel Nicolaus reduced their price objective on shares of Spire Global from $20.00 to $18.00 and set a "buy" rating for the company in a research note on Tuesday, April 1st. Robert W. Baird cut their target price on shares of Spire Global from $13.00 to $11.00 and set a "neutral" rating for the company in a research report on Tuesday, April 1st. Finally, Canaccord Genuity Group raised their price target on Spire Global from $14.50 to $15.50 and gave the company a "buy" rating in a research report on Thursday, April 10th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Spire Global has an average rating of "Moderate Buy" and an average price target of $17.70.
Get Our Latest Analysis on SPIR
Institutional Trading of Spire Global
A number of hedge funds have recently modified their holdings of SPIR. SBI Securities Co. Ltd. bought a new stake in shares of Spire Global during the fourth quarter valued at approximately $37,000. BNP Paribas Financial Markets acquired a new stake in Spire Global during the fourth quarter worth $42,000. Sanctuary Advisors LLC increased its holdings in Spire Global by 15.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 12,424 shares of the company's stock valued at $124,000 after buying an additional 1,700 shares during the period. Promus Capital LLC acquired a new position in shares of Spire Global in the 4th quarter valued at $135,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Spire Global by 6.1% during the 4th quarter. JPMorgan Chase & Co. now owns 10,428 shares of the company's stock worth $147,000 after acquiring an additional 597 shares during the period. Institutional investors own 19.97% of the company's stock.
Spire Global Company Profile
(
Get Free Report)
Spire Global, Inc provides subscription-based data, insights, predictive analytics, and related project-based services worldwide. The company offers satellite-based aircraft tracking data to power applications, drive decision making, and improve cost efficiencies; data, insights, and predictive analytics for highly accurate ship monitoring, real-time and near real-time vessel updates, port operations, ship safety and route optimization; and space-based data, AI-powered insights, and predictive weather analytics for accurate weather forecasting.
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