Key Points
- CEO Stephen Altemus sold 86,803 shares at an average price of $16.01 for $1,389,716.03, reducing his stake by about 6.87% to 1,176,246 shares (≈$18.83M).
- Several other executives (including the CFO and an SVP) also sold sizable blocks of stock, creating a pattern of insider selling that some investors may view negatively.
- Analyst and institutional context: the stock trades near $16.13 with a market cap of $2.91B, a consensus rating of "Moderate Buy" and a consensus price target of $17.27, while institutions own roughly 72.2% of shares.
Intuitive Machines, Inc. (NASDAQ:LUNR - Get Free Report) insider Steven Vontur sold 4,343 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $17.44, for a total transaction of $75,741.92. Following the completion of the sale, the insider directly owned 117,047 shares of the company's stock, valued at approximately $2,041,299.68. This trade represents a 3.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Intuitive Machines Trading Up 2.6%
LUNR stock opened at $16.13 on Friday. Intuitive Machines, Inc. has a 1-year low of $6.14 and a 1-year high of $23.32. The business's 50 day moving average is $17.01 and its 200-day moving average is $12.57. The firm has a market cap of $2.91 billion, a P/E ratio of -6.53 and a beta of 1.37.
Analyst Upgrades and Downgrades
A number of research analysts have commented on LUNR shares. Zacks Research upgraded Intuitive Machines from a "strong sell" rating to a "hold" rating in a research report on Thursday, November 20th. Roth Mkm reiterated a "buy" rating on shares of Intuitive Machines in a report on Tuesday, November 4th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Intuitive Machines in a research report on Wednesday, December 3rd. KeyCorp upped their target price on shares of Intuitive Machines from $20.00 to $26.00 and gave the company an "overweight" rating in a research report on Wednesday, January 28th. Finally, B. Riley Financial boosted their price target on shares of Intuitive Machines from $14.00 to $20.00 and gave the stock a "buy" rating in a research note on Monday, December 22nd. Nine investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Intuitive Machines has an average rating of "Moderate Buy" and a consensus price target of $17.27.
Read Our Latest Research Report on Intuitive Machines
Intuitive Machines News Roundup
Here are the key news stories impacting Intuitive Machines this week:
- Neutral Sentiment: Short-interest reports for Feb. 12–13 show 0 shares shorted and a 0.0 days short-interest ratio; filings include nonsensical “NaN” increases, indicating a reporting error or data artifact rather than a genuine change in bearish positioning.
- Negative Sentiment: CEO Stephen J. Altemus sold 86,803 shares at an average price of $16.01 (reducing his stake ~6.87%). This is the largest insider sale disclosed and may be viewed negatively by investors. SEC Filing: Altemus Sale
- Negative Sentiment: CFO Peter McGrath sold 25,541 shares at an average price of $17.44 (a ~5.66% stake reduction), a sizable executive sale that could raise governance or confidence questions for some investors. SEC Filing: McGrath Sale
- Negative Sentiment: SVP Timothy Price Crain II sold 23,226 shares at an average price of $17.44 (a ~6.06% reduction), another insider sale adding to the pattern of executive liquidity taking. SEC Filing: Crain Sale
- Negative Sentiment: Insider Steven Vontur sold 4,343 shares at an average price of $17.44 (a ~3.58% stake reduction), a smaller but similar directional trade by management. SEC Filing: Vontur Sale
Institutional Trading of Intuitive Machines
A number of institutional investors have recently bought and sold shares of LUNR. International Assets Investment Management LLC acquired a new stake in Intuitive Machines during the fourth quarter worth approximately $28,000. Golden State Wealth Management LLC raised its holdings in Intuitive Machines by 180.0% in the 2nd quarter. Golden State Wealth Management LLC now owns 2,800 shares of the company's stock valued at $30,000 after buying an additional 1,800 shares during the last quarter. GAMMA Investing LLC boosted its position in Intuitive Machines by 41.5% during 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 during the period. Larson Financial Group LLC grew its holdings in Intuitive Machines by 63.2% during the 4th quarter. Larson Financial Group LLC now owns 2,623 shares of the company's stock worth $43,000 after acquiring an additional 1,016 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Intuitive Machines by 35.6% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company's stock worth $47,000 after purchasing an additional 1,127 shares during the last quarter. Institutional investors own 72.21% of the company's stock.
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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