Stephen Messer, a director at Spire Global Inc. (NASDAQ: SPIR), sold 17,986 Class A common shares on Aug. 24 for a total of $252,883, according to a regulatory filing.
The shares were sold at prices ranging from $13.90 to $14.31, with a weighted average price of $14.06. After the transaction, Messer retained 83,667 direct Class A shares in the company.
Spire Global’s stock has appreciated approximately 85% year-to-date, trading at $13.87 as of the filing. The company’s 52-week high stands at $25.93, while InvestingPro’s fair value estimate for the stock is $17.14.
The sale follows Spire Global’s Q2 2026 financial results, which reported an adjusted loss per share of $0.31, narrower than the expected $0.33 loss. Revenue for the quarter totaled $18.04 million, slightly below the projected $18.53 million. The company cited the cancellation of the WildFireSat project as a factor affecting gross margins.
Analysts at Stifel reiterated a
