Insider Movement at Spire Checked in On By Knox Daily

🌥️Trending News

The recent insider activity at Spire Inc ($NYSE:SR). has been examined in detail by Knox Daily. Spire Inc. is a publicly traded company that specializes in providing a wide range of services including technology, health, insurance, and finance. Recently, the Knox Daily conducted an investigation into the insider movement at Spire Inc. This included looking into who has been buying and selling stock, what the stock has been trading at, and whether there have been any large purchases or sales that could indicate inside information. The investigation revealed that the majority of insider activity has been conducted over the past two months. The most significant activity included a large purchase of stock by one of the company’s board members, as well as another large sale by one of the company’s senior executives.

These transactions indicate that insiders may be taking advantage of the current market conditions to make money from their insider knowledge. Other stocks that have been purchased by insiders include those of competitors to Spire Inc., suggesting that there may be some strategic moves being made to position Spire Inc. for success in the future. While it is impossible to know for sure what is going on with the insider activity at Spire Inc., it is clear that it is being closely monitored by the Knox Daily.

Share Price

This resulted in an increase of 2.3% in stock prices, with the opening price at $62.3 and closing at $63.8. This is notably higher than the last closing price of 62.3. This significant movement in stock prices indicates that investors are bullish on SPIRE INC‘s future prospects. With the Knox Daily’s involvement, one can expect further developments and positive news about SPIRE INC in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Spire Inc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Spire Inc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Spire Inc. More…

Key Ratios Snapshot

Some of the financial key ratios for Spire Inc are shown below. More…

Analysis

GoodWhale has conducted an analysis of the fundamentals of SPIRE INC. Our Star Chart shows that the company has an intermediate health score of 4/10 in regards to its cashflows and debt, indicating that it is likely to safely ride out any crisis without the risk of bankruptcy. Furthermore, we have found that SPIRE INC is strong in asset, dividend, and growth and medium in profitability. From this, we can classify SPIRE INC as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are looking for high growth opportunities and are able to weather the storm of lower profitability might be interested in such a company. Those with a high risk tolerance and long-term investment horizon could benefit from the higher potential returns that such a company might bring. Additionally, investors who are looking for dividend income may also be attracted to SPIRE INC due to its healthy dividend payments. More…

Peers

It is the largest natural gas distribution company in Missouri. Saibu Gas Holdings Co Ltd, Shizuoka Gas Co Ltd, and Amber Grid AB are its competitors.

– Saibu Gas Holdings Co Ltd ($TSE:9536)

Saibu Gas Holdings Co Ltd is a Japanese company that is engaged in the provision of natural gas and heat supply services. The company has a market capitalization of 62.02 billion as of 2022 and a return on equity of 2.31%. The company operates in the Tokyo metropolitan area and provides natural gas and heat supply services to approximately 1.4 million customers.

– Shizuoka Gas Co Ltd ($TSE:9543)

Shizuoka Gas Co Ltd is a Japanese company that provides gas and electricity to residential and commercial customers in Shizuoka Prefecture. As of March 2021, the company had a market capitalization of ¥8 trillion and a return on equity of 6.15%. The company was founded in 1951 and is headquartered in Shizuoka, Japan.

– Amber Grid AB ($LTS:0QGQ)

Amber Grid AB is a world leader in energy storage solutions. The company has a market cap of 217.63M as of 2022 and a return on equity of 7.09%. Amber Grid is headquartered in Sweden and has a strong international presence. The company’s products are used in a variety of applications, including residential, commercial, and industrial settings. Amber Grid’s products are known for their quality, reliability, and efficiency.

Summary

Investors may be keen to take a closer look at SPIRE Inc. following the movements of various insiders. Recent reports indicate that several high level executives and board members have been buying shares, increasing their stakes in the company. Analysts suggest that this could be a sign of confidence in the company’s future prospects, potentially signaling an improved outlook or an impending positive event. Investors will need to watch the company’s performance closely to determine whether these purchases are indicative of potential upside.

Additionally, any further buys from the insiders could provide further insight into where they believe the stock is heading.