Intuitive Machines, Inc. (NASDAQ:LUNR – Get Free Report)’s stock price traded down 6.7% during trading on Tuesday following insider selling activity. The stock traded as low as $18.82 and last traded at $18.9490. 3,587,610 shares were traded during trading, a decline of 67% from the average session volume of 10,974,862 shares. The stock had previously closed at $20.31.
Specifically, SVP Timothy Price Crain II sold 150,000 shares of the stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $17.55, for a total transaction of $2,632,500.00. Following the sale, the senior vice president owned 359,726 shares in the company, valued at approximately $6,313,191.30. This represents a 29.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on LUNR shares. Roth Mkm reissued a “buy” rating on shares of Intuitive Machines in a research note on Wednesday, February 25th. Canaccord Genuity Group increased their price objective on shares of Intuitive Machines from $22.50 to $24.00 and gave the stock a “buy” rating in a research report on Friday. Stifel Nicolaus boosted their target price on Intuitive Machines from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Monday. Cantor Fitzgerald increased their price target on Intuitive Machines from $16.00 to $26.00 and gave the stock an “overweight” rating in a report on Friday. Finally, KeyCorp raised their price target on Intuitive Machines from $20.00 to $26.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Intuitive Machines currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.55.
Key Stories Impacting Intuitive Machines
Here are the key news stories impacting Intuitive Machines this week:
- Positive Sentiment: Retail buying appears to be pricing in a NASA lunar contract win, fueling after-hours strength and momentum into the trading session. Article Title
- Positive Sentiment: Multiple sell‑side firms raised price targets recently (reports cite targets moved to $22, $24 and $26), which supports bullish investor expectations and may have prompted buy orders. Price Target $24 Price Target $26 Stifel Raise
- Positive Sentiment: Institutional accumulation and analyst “buy”/“overweight” coverage (several firms increased targets or maintained bullish ratings) underpin longer‑term confidence from big investors. MarketBeat Coverage
- Neutral Sentiment: Company Q1 results showed a slight EPS beat but a revenue miss — mixed fundamentals that justify cautious optimism but leave upside dependent on contract announcements and execution. Earnings Detail
- Neutral Sentiment: Analyst and industry pieces (e.g., Rocket Lab vs. Intuitive Machines) highlight sector momentum and competitive positioning, which helps sentiment but doesn’t guarantee stock moves. Zacks Comparison
- Negative Sentiment: Senior VP Timothy Price Crain II sold 150,000 shares (and has executed multiple large sales this year); visible insider selling can raise governance/near‑term concerns for some investors. SEC Filing
- Negative Sentiment: Macro/sector caution: some Wall Street pieces warn that high-flying space names could see sharp pullbacks if growth expectations cool, reminding investors of higher volatility in this group. Fool Analysis
Intuitive Machines Stock Down 5.5%
The firm has a 50 day moving average price of $18.42 and a 200 day moving average price of $14.11. The stock has a market cap of $3.46 billion, a PE ratio of -25.71 and a beta of 1.40.
Intuitive Machines (NASDAQ:LUNR – Get Free Report) last released its quarterly earnings data on Thursday, March 19th. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. The business had revenue of $44.79 million during the quarter, compared to analysts’ expectations of $53.37 million. Equities analysts forecast that Intuitive Machines, Inc. will post 0.73 earnings per share for the current year.
Hedge Funds Weigh In On Intuitive Machines
Several institutional investors have recently bought and sold shares of LUNR. International Assets Investment Management LLC purchased a new stake in Intuitive Machines during the fourth quarter worth $28,000. GAMMA Investing LLC raised its position 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 acquiring an additional 781 shares in the last quarter. Larson Financial Group LLC lifted its stake in shares of 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 purchasing an additional 1,016 shares during the last quarter. CWM LLC lifted its stake in shares of Intuitive Machines by 406.4% during the 4th quarter. CWM LLC now owns 2,912 shares of the company’s stock worth $47,000 after purchasing an additional 2,337 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its position in Intuitive Machines by 144.8% during the fourth quarter. Sunbelt Securities Inc. now owns 2,938 shares of the company’s stock valued at $48,000 after purchasing an additional 1,738 shares in the last quarter. 72.21% of the stock is owned by hedge funds and other institutional investors.
About Intuitive Machines
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.
Further Reading
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