Key Points
- CEO sale: Stephen Altemus sold 416,086 shares on Jan. 5 at an average of $18.08 for $7,522,834.88. After the transaction he holds 1,026,402 shares, a 28.85% reduction in his position (worth ≈ $18.56M).
- Market and analyst context: LUNR has a $3.39B market cap and a 1‑year range of $6.14–$24.95 (opened at $18.82), and analysts have a consensus rating of "Moderate Buy" with a $16.25 target price.
Intuitive Machines, Inc. (NASDAQ:LUNR - Get Free Report) CEO Stephen Altemus sold 83,914 shares of the firm's stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $18.04, for a total transaction of $1,513,808.56. Following the completion of the sale, the chief executive officer owned 1,026,402 shares in the company, valued at approximately $18,516,292.08. The trade was a 7.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Intuitive Machines Price Performance
NASDAQ:LUNR opened at $18.82 on Wednesday. The stock has a market cap of $3.39 billion, a P/E ratio of -7.62 and a beta of 1.37. The company has a fifty day moving average price of $11.86 and a 200 day moving average price of $11.06. Intuitive Machines, Inc. has a one year low of $6.14 and a one year high of $24.95.
Institutional Investors Weigh In On Intuitive Machines
Large investors have recently modified their holdings of the stock. GAMMA Investing LLC raised its holdings in shares of Intuitive Machines by 41.5% in the 4th quarter. GAMMA Investing LLC now owns 2,661 shares of the company's stock worth $43,000 after buying an additional 781 shares in the last quarter. Golden State Wealth Management LLC grew its position in Intuitive Machines by 180.0% in the second quarter. Golden State Wealth Management LLC now owns 2,800 shares of the company's stock valued at $30,000 after acquiring an additional 1,800 shares during the period. Nisa Investment Advisors LLC raised its stake in Intuitive Machines by 35.6% during the second quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company's stock worth $47,000 after acquiring an additional 1,127 shares in the last quarter. Quarry LP lifted its holdings in shares of Intuitive Machines by 151.4% during the third quarter. Quarry LP now owns 6,457 shares of the company's stock valued at $68,000 after acquiring an additional 3,889 shares during the period. Finally, GF Fund Management CO. LTD. acquired a new stake in shares of Intuitive Machines in the 3rd quarter valued at $94,000. 72.21% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the company. Canaccord Genuity Group decreased their target price on Intuitive Machines from $18.50 to $15.50 and set a "buy" rating on the stock in a research report on Friday, November 7th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Intuitive Machines in a research report on Wednesday, October 8th. B. Riley lifted their price objective on Intuitive Machines from $14.00 to $20.00 and gave the stock a "buy" rating in a report on Monday, December 22nd. Stifel Nicolaus started coverage on Intuitive Machines in a research note on Monday, November 3rd. They issued a "buy" rating and a $18.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 target price on Intuitive Machines and gave the stock a "buy" rating in a research report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, Intuitive Machines presently has an average rating of "Moderate Buy" and an average target price of $16.25.
View Our Latest Stock Report on Intuitive Machines
About Intuitive Machines
(
Get Free Report)
Intuitive Machines is a Houston, Texas–based aerospace company specializing in commercial lunar exploration and services. The firm develops end-to-end solutions for robotic missions to the Moon, providing spacecraft design, mission management, navigation, communications, and data services under NASA's Commercial Lunar Payload Services (CLPS) program.
Founded in 2013 by aerospace engineers Steve Altemus, Tim Crain and Kris Kimel, Intuitive Machines has grown from a small startup into one of the leading private entities pursuing lunar surface deliveries.
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