Key Points
- Director Kamal Seyed Ghaffarian sold 141,909 shares on April 6 at an average of $23.20 for a total of $3,292,288.80, executed under a pre‑arranged Rule 10b5‑1 plan and leaving him with 3,494,768 shares (a 3.9% reduction); he also sold 283,818 shares on March 24 for about $5.33M.
- Intuitive Machines reported EPS of -$0.04 (beating estimates by $0.01) but missed revenue at $44.79M versus $53.37M, and the stock trades near $23.39 with a market cap of $5.07B (52‑week high $25.00).
- Analysts are mixed: the consensus rating is "Hold" with an average price target of $19.94, though several firms have raised targets (e.g., Cantor Fitzgerald to $26, Stifel to $22) while others maintain sell ratings.
Intuitive Machines, Inc. (NASDAQ:LUNR - Get Free Report) Director Kamal Seyed Ghaffarian sold 141,909 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $23.20, for a total transaction of $3,292,288.80. Following the sale, the director directly owned 3,494,768 shares in the company, valued at approximately $81,078,617.60. The trade was a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kamal Seyed Ghaffarian also recently made the following trade(s):
- On Tuesday, March 24th, Kamal Seyed Ghaffarian sold 283,818 shares of Intuitive Machines stock. The stock was sold at an average price of $18.78, for a total transaction of $5,330,102.04.
Intuitive Machines Stock Up 2.9%
LUNR stock opened at $23.39 on Thursday. The company's 50-day simple moving average is $18.51 and its 200-day simple moving average is $15.06. Intuitive Machines, Inc. has a 52-week low of $6.75 and a 52-week high of $25.00. The firm has a market cap of $5.07 billion, a P/E ratio of -31.61 and a beta of 1.31.
Intuitive Machines (NASDAQ:LUNR - Get Free Report) last posted its earnings results on Thursday, March 19th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.01. The firm had revenue of $44.79 million for the quarter, compared to analysts' expectations of $53.37 million. On average, analysts anticipate that Intuitive Machines, Inc. will post 0.73 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the stock. Stifel Nicolaus upped their price target on shares of Intuitive Machines from $20.00 to $22.00 and gave the stock a "hold" rating in a research report on Monday, March 23rd. Roth Mkm restated a "buy" rating on shares of Intuitive Machines in a research report on Wednesday, February 25th. Cantor Fitzgerald upped their price target on shares of Intuitive Machines from $16.00 to $26.00 and gave the stock an "overweight" rating in a research report on Friday, March 20th. B. Riley Financial restated a "buy" rating on shares of Intuitive Machines in a research report on Tuesday, February 17th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Intuitive Machines in a research report on Thursday, January 22nd. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Intuitive Machines currently has a consensus rating of "Hold" and an average price target of $19.94.
Read Our Latest Stock Analysis on Intuitive Machines
Institutional Trading of Intuitive Machines
Hedge funds have recently bought and sold shares of the business. Citigroup Inc. raised its holdings in Intuitive Machines by 627.6% in the 3rd quarter. Citigroup Inc. now owns 1,048,106 shares of the company's stock valued at $11,026,000 after acquiring an additional 904,065 shares during the last quarter. LBP AM SA raised its holdings in Intuitive Machines by 87.2% in the 3rd quarter. LBP AM SA now owns 256,417 shares of the company's stock valued at $2,698,000 after acquiring an additional 119,419 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in Intuitive Machines by 36.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 486,752 shares of the company's stock valued at $5,121,000 after acquiring an additional 129,896 shares during the last quarter. Vanguard Group Inc. raised its holdings in Intuitive Machines by 13.3% in the 3rd quarter. Vanguard Group Inc. now owns 6,090,059 shares of the company's stock valued at $64,067,000 after acquiring an additional 717,256 shares during the last quarter. Finally, ARK Investment Management LLC raised its holdings in Intuitive Machines by 78.9% in the 3rd quarter. ARK Investment Management LLC now owns 2,073,233 shares of the company's stock valued at $21,810,000 after acquiring an additional 914,458 shares during the last quarter. Institutional investors and hedge funds own 72.21% of the company's stock.
Intuitive Machines Company Profile
(
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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