$SPIR Earnings Preview Amid Insider Selling and Hedge Fund Moves

$SPIR is set to release its quarterly earnings on March 4th. Analysts anticipate a revenue of $34,035,360 and an EPS of -$0.17, signaling potential struggles ahead for the company.

Date: 03-03-2025

AI Rating: 4

Earnings Per Share (EPS)
$SPIR is projected to report an earnings per share (EPS) of -$0.17. This negative EPS indicates that the company is expected to continue facing financial challenges, which could raise concerns among investors regarding profitability and future performance.

Insider Trading Activity
The report highlights significant insider selling, with all 8 transactions in the past 6 months being sales. Notably, key executives like the Executive Chairman, CEO, and CFO have sold substantial shares, with the Executive Chairman alone selling 101,584 shares for approximately $1,320,431. This trend can often signal a lack of confidence from insiders in the company's future performance, which could negatively impact investor sentiment.

Hedge Fund Activity
There has been noticeable activity from institutional investors, with 44 adding shares while 33 reduced their positions. A significant reduction comes from Newgen Asset Management and Francisco Partners Management, which removed large numbers of shares from their portfolios—59% and 100%, respectively. These actions may reflect a bearish sentiment among institutional investors, which could further affect stock prices negatively.

Stocks: SPIR