Key Points
- Intuitive Machines CEO Stephen Altemus sold 13,751 shares on April 15 at an average price of $23.61 for about $324,661 to cover tax withholding on vested awards, trimming his stake by 1.17% to 1,162,495 shares (≈$27.45M).
- The stock is trading near its 12‑month high (opened $27.28; high $27.37) with a market cap of ≈$5.91B and a negative P/E, while analysts hold a consensus "Hold" rating and a $19.94 price target, signaling mixed sentiment.
- In the most recent quarter Intuitive Machines reported EPS of -$0.04 (beat vs. -$0.05 estimate) but revenue of $44.79M missed analyst expectations of $53.37M.
Intuitive Machines, Inc. (NASDAQ:LUNR - Get Free Report) SVP Timothy Price Crain II sold 8,447 shares of Intuitive Machines stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $23.61, for a total transaction of $199,433.67. Following the completion of the transaction, the senior vice president owned 351,279 shares of the company's stock, valued at $8,293,697.19. This trade represents a 2.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Timothy Price Crain II also recently made the following trade(s):
- On Thursday, March 19th, Timothy Price Crain II sold 150,000 shares of Intuitive Machines stock. The shares were sold at an average price of $17.55, for a total transaction of $2,632,500.00.
- On Wednesday, February 11th, Timothy Price Crain II sold 23,226 shares of Intuitive Machines stock. The stock was sold at an average price of $17.44, for a total transaction of $405,061.44.
- On Friday, January 16th, Timothy Price Crain II sold 24,155 shares of Intuitive Machines stock. The stock was sold at an average price of $20.04, for a total transaction of $484,066.20.
Intuitive Machines Price Performance
LUNR stock opened at $27.28 on Friday. The company has a 50 day moving average price of $19.23 and a 200 day moving average price of $15.61. Intuitive Machines, Inc. has a fifty-two week low of $6.75 and a fifty-two week high of $27.37. The stock has a market capitalization of $5.91 billion, a PE ratio of -36.86 and a beta of 1.31.
Intuitive Machines (NASDAQ:LUNR - Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.01. The company had revenue of $44.79 million during the quarter, compared to the consensus estimate of $53.37 million. As a group, equities analysts expect that Intuitive Machines, Inc. will post 0.73 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Intuitive Machines
Institutional investors and hedge funds have recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of Intuitive Machines in the 4th quarter valued at $28,000. GAMMA Investing LLC grew 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 valued at $43,000 after buying an additional 781 shares during the period. Larson Financial Group LLC grew its holdings in shares of Intuitive Machines by 63.2% in the 4th quarter. Larson Financial Group LLC now owns 2,623 shares of the company's stock valued at $43,000 after buying an additional 1,016 shares during the period. CWM LLC grew its holdings in shares of Intuitive Machines by 406.4% in the 4th quarter. CWM LLC now owns 2,912 shares of the company's stock valued at $47,000 after buying an additional 2,337 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in shares of Intuitive Machines by 144.8% in the 4th quarter. Sunbelt Securities Inc. now owns 2,938 shares of the company's stock valued at $48,000 after buying an additional 1,738 shares during the period. Institutional investors and hedge funds own 72.21% of the company's stock.
Analysts Set New Price Targets
A number of research firms have commented on LUNR. Canaccord Genuity Group lifted their target price on shares of Intuitive Machines from $22.50 to $24.00 and gave the stock a "buy" rating in a report on Friday, March 20th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Intuitive Machines in a report on Thursday, January 22nd. Roth Mkm reaffirmed a "buy" rating on shares of Intuitive Machines in a report on Wednesday, February 25th. B. Riley Financial reaffirmed a "buy" rating on shares of Intuitive Machines in a report on Tuesday, February 17th. Finally, Stifel Nicolaus lifted their target price on shares of Intuitive Machines from $20.00 to $22.00 and gave the stock a "hold" rating in a report on Monday, March 23rd. Eight analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $19.94.
Check Out Our Latest Report on LUNR
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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