Spire Global, Inc. (NYSE:SPIR) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its position in Spire Global, Inc. (NYSE:SPIR) by 15.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,424 shares of the company’s stock after buying an additional 1,700 shares during the period. Sanctuary Advisors LLC owned about 0.05% of Spire Global worth $124,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SPIR. Barclays PLC boosted its stake in Spire Global by 321.5% during the 3rd quarter. Barclays PLC now owns 31,875 shares of the company’s stock worth $318,000 after purchasing an additional 24,312 shares during the last quarter. Geode Capital Management LLC grew its stake in Spire Global by 9.0% during the 3rd quarter. Geode Capital Management LLC now owns 506,093 shares of the company’s stock valued at $5,057,000 after acquiring an additional 41,612 shares in the last quarter. XTX Topco Ltd acquired a new stake in Spire Global in the 3rd quarter valued at about $392,000. Jane Street Group LLC lifted its stake in Spire Global by 96.4% in the 3rd quarter. Jane Street Group LLC now owns 55,440 shares of the company’s stock worth $554,000 after purchasing an additional 27,219 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of Spire Global by 53.1% during the 3rd quarter. State Street Corp now owns 428,854 shares of the company’s stock worth $4,284,000 after purchasing an additional 148,803 shares during the last quarter. 19.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on SPIR shares. Canaccord Genuity Group increased their price target on Spire Global from $12.00 to $18.00 and gave the company a “buy” rating in a report on Friday, November 15th. Craig Hallum raised Spire Global from a “hold” rating to a “buy” rating and raised their target price for the stock from $8.00 to $20.00 in a research note on Thursday, November 14th. Robert W. Baird upped their price objective on shares of Spire Global from $9.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Finally, Alliance Global Partners lifted their target price on shares of Spire Global from $17.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $19.60.

Insiders Place Their Bets

In related news, COO Theresa Condor sold 17,592 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $14.77, for a total value of $259,833.84. Following the sale, the chief operating officer now owns 377,152 shares in the company, valued at approximately $5,570,535.04. The trade was a 4.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Boyd C. Johnson sold 12,373 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $14.77, for a total value of $182,749.21. Following the transaction, the chief accounting officer now owns 311,608 shares of the company’s stock, valued at $4,602,450.16. This trade represents a 3.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 93,481 shares of company stock valued at $1,380,714 over the last 90 days. 17.11% of the stock is owned by company insiders.

Spire Global Stock Down 1.3 %

Shares of NYSE:SPIR opened at $14.32 on Tuesday. The company has a market capitalization of $348.23 million, a price-to-earnings ratio of -4.11 and a beta of 2.22. Spire Global, Inc. has a 12-month low of $6.26 and a 12-month high of $19.40. The business has a 50-day moving average price of $12.99 and a 200 day moving average price of $11.23. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 1.35.

Spire Global Company Profile

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.