Key Points
- SVP Timothy Price Crain II sold 24,155 shares on Jan. 16 at an average of $20.04, cutting his stake to 298,435 shares (a 7.49% decrease); those trades are part of recent dispositions that total about 550,000 shares for roughly $9.35M.
- CEO Stephen J. Altemus also sold roughly 487,331 shares on Jan. 15–16 for about $9.8M, and the sizable insider selling by multiple executives could add near‑term supply and prompt investor caution.
- Intuitive Machines (LUNR) is trading near $21.19 with a 12‑month high/low of $24.95/$6.14 and a market cap of about $3.82B; analysts' consensus target is $17 with an overall rating of "Moderate Buy."
Intuitive Machines, Inc. (NASDAQ:LUNR - Get Free Report) SVP Timothy Price Crain II sold 24,155 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $20.04, for a total value of $484,066.20. Following the completion of the transaction, the senior vice president directly owned 298,435 shares in the company, valued at $5,980,637.40. This trade represents a 7.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Timothy Price Crain II also recently made the following trade(s):
- On Thursday, January 15th, Timothy Price Crain II sold 170,185 shares of Intuitive Machines stock. The stock was sold at an average price of $20.06, for a total value of $3,413,911.10.
- On Thursday, January 8th, Timothy Price Crain II sold 5,660 shares of Intuitive Machines stock. The shares were sold at an average price of $20.00, for a total value of $113,200.00.
- On Monday, December 22nd, Timothy Price Crain II sold 200,000 shares of Intuitive Machines stock. The stock was sold at an average price of $16.04, for a total value of $3,208,000.00.
- On Friday, December 19th, Timothy Price Crain II sold 150,000 shares of Intuitive Machines stock. The shares were sold at an average price of $14.22, for a total value of $2,133,000.00.
Intuitive Machines Trading Down 1.8%
Shares of NASDAQ:LUNR opened at $21.19 on Wednesday. The firm has a 50 day simple moving average of $13.68 and a 200-day simple moving average of $11.70. Intuitive Machines, Inc. has a twelve month low of $6.14 and a twelve month high of $24.95. The company has a market capitalization of $3.82 billion, a PE ratio of -8.58 and a beta of 1.37.
More Intuitive Machines News
Here are the key news stories impacting Intuitive Machines this week:
- Positive Sentiment: Zacks includes LUNR among three aerospace‑defense stocks to watch as defense spending and global air travel recover, suggesting potential demand and revenue tailwinds for companies in the sector. Zacks: 3 Aerospace-Defense Stocks
- Negative Sentiment: CEO Stephen J. Altemus sold 428,503 shares on Jan. 15 at an average of $20.06 and 58,828 shares on Jan. 16 at $20.03 — roughly 487,331 shares combined, amounting to about $9.8M in proceeds; after the sales he still owns ~1.03M shares. These sizable insider disposals increase near‑term supply and can signal caution to investors. CEO SEC Filing
- Negative Sentiment: SVP Timothy Price Crain II sold 170,185 shares on Jan. 15 at ~$20.06 and 24,155 shares on Jan. 16 at ~$20.04 (≈194,340 shares, ≈$3.9M), reducing his stake to ~298,435 shares. Large executive sales by multiple insiders add to downward pressure and may prompt investor concern. SVP SEC Filing
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. Bank of America boosted their target price on Intuitive Machines from $8.50 to $9.50 and gave the company an "underperform" rating in a report on Wednesday, November 19th. Canaccord Genuity Group boosted their price objective on Intuitive Machines from $15.50 to $22.50 and gave the company a "buy" rating in a research note on Monday, January 12th. B. Riley raised their target price on shares of Intuitive Machines from $14.00 to $20.00 and gave the stock a "buy" rating in a research report on Monday, December 22nd. Deutsche Bank Aktiengesellschaft set a $18.00 price target on shares of Intuitive Machines and gave the company a "buy" rating in a research report on Friday, October 17th. Finally, KeyCorp began coverage on shares of Intuitive Machines in a research note on Thursday, December 18th. They set an "overweight" rating and a $20.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Intuitive Machines has an average rating of "Moderate Buy" and an average target price of $17.00.
Check Out Our Latest Research Report on Intuitive Machines
Hedge Funds Weigh In On Intuitive Machines
Institutional investors have recently bought and sold shares of the company. First Trust Advisors LP raised its position in Intuitive Machines by 3,582.9% during the 3rd quarter. First Trust Advisors LP now owns 2,453,301 shares of the company's stock worth $25,809,000 after buying an additional 2,386,688 shares during the last quarter. Jump Financial LLC raised its holdings in Intuitive Machines by 5,262.9% during the third quarter. Jump Financial LLC now owns 1,339,872 shares of the company's stock worth $14,095,000 after purchasing an additional 1,314,888 shares in the last quarter. Geode Capital Management LLC lifted its position in Intuitive Machines by 78.6% in the second quarter. Geode Capital Management LLC now owns 2,593,135 shares of the company's stock valued at $28,191,000 after purchasing an additional 1,141,454 shares during the period. Voya Investment Management LLC boosted its holdings in Intuitive Machines by 56.1% in the 3rd quarter. Voya Investment Management LLC now owns 2,656,684 shares of the company's stock valued at $27,948,000 after purchasing an additional 954,778 shares in the last quarter. Finally, ARK Investment Management LLC increased its position in Intuitive Machines by 78.9% during the 3rd quarter. ARK Investment Management LLC now owns 2,073,233 shares of the company's stock worth $21,810,000 after purchasing an additional 914,458 shares during the period. 72.21% of the stock is owned by institutional investors and hedge funds.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
