Paul Koonce Buys Shares of Spire Inc.

Paul Koonce made a move in the stock market by purchasing 500 shares of Spire Inc. (NYSE:SR) on June 11, 2026. He paid $78.46 per share, bringing the total transaction value to $39,230. This insider buy wasn't part of a pre-planned trading program.

Insider Buying and Selling at Spire Inc.

In addition to Koonce's recent purchase, he has been active with Spire Inc. shares throughout the year. On June 1, 2026, he bought another 500 shares at $80.50 each. Earlier, on May 8, 2026, he acquired 2,000 shares at $85.81 per share. Meanwhile, Ryan Hyman, Spire's Senior Vice President and CCIO, sold 3,822 shares at $80.51 on June 9, 2026.

Other Institutional Activity in Spire Inc.

Institutional investors have been adjusting their positions in Spire Inc. as well. BlackRock, Inc. trimmed its holdings by 103,659 shares, holding 7,978,313 shares valued at about $722.4 million. Vanguard Portfolio Management LLC added 3,510,752 shares, now holding the same number worth approximately $317.9 million. Conversely, State Street Corp decreased its stake by 184,516 shares, ending with 2,975,765 shares valued at $271.8 million.

Spire Inc. Stock Snapshot

Shares of Spire Inc. are trading around $79.10. The company, with a market cap of $4.68 billion, has a P/E ratio of 16.01 and a forward P/E of 14.31. The stock's 52-week range is between $71.24 and $95.31. Spire's 50-day moving average is $87.47, while its 200-day moving average is $85.61. The firm's current ratio is 0.55, with a quick ratio of 0.18 and a high debt-to-equity ratio of 232.76.

Recent Earnings

Spire Inc. reported revenue of $2.60 billion with a growth rate of 4.5%. The company's net margin stands at 13.78%, with a return on equity of 9.12%. Earnings per share were $4.94. Spire is expected to announce its next earnings on August 4, 2026.

Analysts Set New Price Targets

On May 12, 2026, Wells Fargo initiated coverage of Spire Inc. with a "buy" rating and a price target of $96. UBS maintained its "buy" rating with a $103 target on May 8, 2026. The consensus among nine analysts is a target mean price of $98.56, with ratings ranging from "hold" to "buy."

About Spire Inc.

Spire Inc. is a utility company based in Saint Louis, Missouri, engaging in the purchase, distribution, and sale of natural gas in the U.S. It operates through three segments: Gas Utility, Gas Marketing, and Midstream. The company also handles propane operations and risk management. Founded in 1857, Spire Inc. is led by CEO Scott Edward Doyle and employs approximately 3,497 people.

Bottom Line

Paul Koonce's recent purchase of Spire Inc. shares adds to his previous transactions, reflecting ongoing insider interest. Investors keep an eye on insider activities like these for potential insights, though they don't necessarily predict the stock's future performance. As always, remember that these insights are based on filings and reports that may not reflect the current situation.