Spire Global Inc’s recently made public that its Executive Chairman Platzer Peter unloaded Company’s shares for reported $0.56 million on Mar 05 ’25. In the deal valued at $10.91 per share,51,291 shares were sold. As a result of this transaction, Platzer Peter now holds 1,643,466 shares worth roughly $14.97 million.
Then, Platzer Peter sold 145,600 shares, generating $1,511,716 in total proceeds. Upon selling the shares at $10.38, the Executive Chairman now owns 1,694,757 shares.
Before that, PETER PLATZER bought 196,891 shares. Spire Global Inc shares valued at $2,071,293 were divested by the Director at a price of $10.52 per share.
Craig Hallum upgraded its Spire Global Inc [SPIR] rating to a Buy from a a Hold in a research note published on November 14, 2024; the price target was increased to $20 from $8. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Buy”‘ rating for it. Raymond James revised its rating on August 28, 2024. It rated SPIR as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of SPIR
On Monday, Spire Global Inc [NYSE:SPIR] saw its stock jump 6.30% to $9.11. Over the last five days, the stock has lost -6.76%. Spire Global Inc shares have fallen nearly -35.25% since the year began. Nevertheless, the stocks have fallen -25.14% over the past one year. While a 52-week high of $21.43 was reached on 02/11/25, a 52-week low of $6.26 was recorded on 03/14/25. SMA at 50 days reached $14.16, while 200 days put it at $11.88.
Levels Of Support And Resistance For SPIR Stock
The 24-hour chart illustrates a support level at 8.61, which if violated will result in even more drops to 8.12. On the upside, there is a resistance level at 9.53. A further resistance level may holdings at 9.96. The Relative Strength Index (RSI) on the 14-day chart is 35.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.02%. Stochastics %K at 7.14% indicates the stock is a buying.
How much short interest is there in Spire Global Inc?
A steep rise in short interest was recorded in Spire Global Inc stocks on 2025-02-28, growing by 0.88 million shares to a total of 2.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.92 million shares. There was a rise of 31.56%, which implies that there is a positive sentiment for the stock.
