SPIR short interest declines, indicating growing optimism among investors

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Spire Global Inc shares valued at $1,594,840 were sold by Platzer Peter on Jul 08 ’25. At $12.25 per share, Platzer Peter sold 130,191 shares. The insider’s holdings dropped to 1,614,199 shares worth approximately $20.16 million following the completion of this transaction.

Also, PETER PLATZER purchased 130,191 shares, netting a total of over 1,602,651 in proceeds.

Before that, Platzer Peter had sold 25,907 shares from its account. In a trade valued at $256,738, the Executive Chairman traded Spire Global Inc shares for $9.91 each. Upon closing the transaction, the insider’s holdings decreased to 25,907 shares, worth approximately $20.16 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

On last trading session,, Spire Global Inc [NYSE: SPIR] rose 11.42% to $12.49. The stock’s lowest price that day was $11.22, but it reached a high of $12.86 in the same session. During the last five days, there has been a surge of approximately 4.17%. Over the course of the year, Spire Global Inc shares have dropped approximately -3.63%.

Support And Resistance Levels for Spire Global Inc (SPIR)

RSI (Relative Strength Index) is 60.75 on the 14-day chart, showing neutral technical sentiment.

Is Spire Global Inc subject to short interest?

Stocks of Spire Global Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.98 million shares to 3.11 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 4.09 million shares. A decline of -31.6% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.88 of the overall float, the days-to-cover ratio (short ratio) decline to 4.88.

Which companies own the most shares of Spire Global Inc (SPIR)?

In terms of Spire Global Inc share price expectations, FactSet research, analysts set an average price target of 15 in the next 12 months, up nearly 33.81% from the previous closing price of $11.21. Analysts anticipate Spire Global Inc stock to reach 18 by 2025, with the lowest price target being 11. In spite of this, 3 analysts ranked Spire Global Inc stock as Buy at the end of 2025. On August 15, 2024, Robert W. Baird assigned a price target of “a Neutral” to the stock and downgraded coverage with a $9.

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