Intuitive Machines, Inc. (NASDAQ:LUNR – Get Free Report)’s stock price was up 5.5% during mid-day trading on Thursday . The stock traded as high as $25.35 and last traded at $25.2010. Approximately 4,493,281 shares traded hands during trading, a decline of 64% from the average daily volume of 12,630,839 shares. The stock had previously closed at $23.88.
Key Stories Impacting Intuitive Machines
Here are the key news stories impacting Intuitive Machines this week:
- Positive Sentiment: Sector rally and NASA momentum lift demand for space names—coverage highlights Rocket Lab and other space stocks catching a bid after new NASA work and technology rollouts, which has helped push interest into LUNR alongside peers. Rocket Lab Surges 9%, Intuitive Machines Jumps 6%
- Positive Sentiment: Positive retail/media tone — a bullish segment on YouTube names Intuitive Machines as a play on the growing “space race” narrative and potential tailwinds if a SpaceX IPO re‑energizes sector flows. This can amplify short-term retail buying. The Big 3: LUNR, PL, XPO
- Positive Sentiment: Analyst support and raised targets — several firms have reiterated buy/hold ratings and a few raised price targets recently, providing fundamental cover for higher prices and giving investors benchmarks to watch. MarketBeat LUNR Coverage
- Neutral Sentiment: Mixed quarterly results — LUNR beat EPS estimates modestly but missed revenue expectations, a mixed print that keeps fundamentals under review while sentiment-driven flows dominate near term. Earnings Coverage
- Neutral Sentiment: Institutional ownership remains high (~72%) with some small new/expanded positions reported—watch any large fund filings for conviction shifts that could move shares. MarketBeat Institutional Holdings
- Negative Sentiment: Insider sales by multiple senior executives (CEO, CFO, SVP) were filed this week — significant share amounts were sold at ~ $23.61 per share. Management says sales were to cover tax withholding on vested awards, which reduces the red flag, but multiple concurrent sales can still pressure sentiment. Insider Selling Report
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on LUNR shares. Canaccord Genuity Group upped their price objective on Intuitive Machines from $22.50 to $24.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. Deutsche Bank Aktiengesellschaft upped their price objective on Intuitive Machines from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. KeyCorp upped their price objective on Intuitive Machines from $20.00 to $26.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Roth Mkm upped their price objective on Intuitive Machines from $25.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Cantor Fitzgerald upped their price objective on Intuitive Machines from $16.00 to $26.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. Eight research 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $21.45.
Intuitive Machines Trading Up 1.1%
The firm has a market capitalization of $5.98 billion, a PE ratio of -37.27 and a beta of 1.31. The company has a fifty day moving average price of $19.43 and a two-hundred day moving average price of $15.73.
Intuitive Machines (NASDAQ:LUNR – Get Free Report) last posted its earnings results on Thursday, March 19th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.01. The firm had revenue of $44.79 million during the quarter, compared to analysts’ expectations of $53.37 million. As a group, equities research analysts predict that Intuitive Machines, Inc. will post 0.73 earnings per share for the current year.
Insiders Place Their Bets
In other news, CEO Stephen J. Altemus sold 13,751 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $23.61, for a total value of $324,661.11. Following the completion of the sale, the chief executive officer directly owned 1,162,495 shares of the company’s stock, valued at approximately $27,446,506.95. The trade was a 1.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Timothy Price Crain II sold 8,447 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $23.61, for a total value of $199,433.67. Following the sale, the senior vice president directly owned 351,279 shares of the company’s stock, valued at approximately $8,293,697.19. This represents a 2.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 762,392 shares of company stock worth $14,674,660. Corporate insiders own 39.75% of the company’s stock.
Institutional Trading of Intuitive Machines
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in Intuitive Machines during the 4th quarter valued at approximately $28,000. GAMMA Investing LLC raised its stake in Intuitive Machines by 41.5% during the 4th quarter. GAMMA Investing LLC now owns 2,661 shares of the company’s stock valued at $43,000 after acquiring an additional 781 shares during the last quarter. Larson Financial Group LLC raised its stake in Intuitive Machines by 63.2% during the 4th quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock valued at $43,000 after acquiring an additional 1,016 shares during the last quarter. CWM LLC raised its stake in Intuitive Machines by 406.4% during the 4th quarter. CWM LLC now owns 2,912 shares of the company’s stock valued at $47,000 after acquiring an additional 2,337 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its stake in Intuitive Machines by 144.8% during the 4th quarter. Sunbelt Securities Inc. now owns 2,938 shares of the company’s stock valued at $48,000 after acquiring an additional 1,738 shares during the last quarter. 72.21% of the stock is owned by hedge funds and other institutional investors.
Intuitive Machines Company Profile
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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