Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Spire Global Inc shares valued at $253,279 were sold by Platzer Peter on Apr 15 ’25. At $9.28 per share, Platzer Peter sold 27,293 shares. The insider’s holdings dropped to 1,588,609 shares worth approximately $17.94 million following the completion of this transaction.
Also, PETER PLATZER purchased 27,293 shares, netting a total of over 251,096 in proceeds.
Before that, Platzer Peter had sold 27,564 shares from its account. In a trade valued at $236,223, the Executive Chairman traded Spire Global Inc shares for $8.57 each. Upon closing the transaction, the insider’s holdings decreased to 27,564 shares, worth approximately $18.24 million.
As published in a research note from Craig Hallum on November 14, 2024, Spire Global Inc [SPIR] has been rated up from a Hold to a Buy and the price target has been revised to $20 from $8. Analysts at Alliance Global Partners resumed the stock at ‘”a Buy”‘ outlook in a report released in mid November. Earlier on August 28, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for SPIR stock which previously was a “an Outperform”.
Analyzing SPIR Stock Performance
During the last five days, there has been a drop of approximately -3.75%. Over the course of the year, Spire Global Inc shares have dropped approximately -19.76%. Shares of the company reached a 52-week high of $21.43 on 02/11/25 and a 52-week low of $6.85 on 04/07/25.
Support And Resistance Levels for Spire Global Inc (SPIR)
According to the 24-hour chart, there is a support level at 11.11, which, if violated, would cause prices to drop to 10.92. In the upper region, resistance lies at 11.55. The next price resistance is at 11.80. RSI (Relative Strength Index) is 60.00 on the 14-day chart, showing neutral technical sentiment.
