Insider Selling: Intuitive Machines (NASDAQ:LUNR) CFO Sells $445,435.04 in Stock

Intuitive Machines, Inc. (NASDAQ:LUNR) CFO Peter Mcgrath sold 25,541 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $17.44, for a total value of $445,435.04. Following the sale, the chief financial officer owned 425,800 shares of the company’s stock, valued at approximately $7,425,952. The trade was a 5.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Intuitive Machines Stock Performance

Shares of NASDAQ LUNR opened at $16.13 on Monday. Intuitive Machines, Inc. has a 52 week low of $6.14 and a 52 week high of $23.32. The stock has a market capitalization of $2.91 billion, a P/E ratio of -6.53 and a beta of 1.37. The stock’s fifty day moving average is $17.01 and its 200 day moving average is $12.58.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. B. Riley Financial upped their price target on shares of Intuitive Machines from $14.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Canaccord Genuity Group lifted their price target on Intuitive Machines from $15.50 to $22.50 and gave the company a “buy” rating in a research note on Monday, January 12th. Bank of America boosted their price target on Intuitive Machines from $8.50 to $9.50 and gave the stock an “underperform” rating in a report on Wednesday, November 19th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Intuitive Machines in a research note on Wednesday, December 3rd. Finally, Roth Mkm reissued a “buy” rating on shares of Intuitive Machines in a research note on Tuesday, November 4th. Nine equities 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’s stock. According to data from MarketBeat, Intuitive Machines has a consensus rating of “Moderate Buy” and a consensus target price of $17.27.

Hedge Funds Weigh In On Intuitive Machines

Several large investors have recently bought and sold shares of the company. Invesco Ltd. grew its holdings in shares of Intuitive Machines by 19.7% during the first quarter. Invesco Ltd. now owns 16,092 shares of the company’s stock worth $120,000 after purchasing an additional 2,643 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Intuitive Machines by 43.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,715 shares of the company’s stock worth $184,000 after acquiring an additional 7,528 shares during the last quarter. Caxton Associates LLP bought a new stake in Intuitive Machines during the 1st quarter worth approximately $139,000. KLP Kapitalforvaltning AS increased its position in Intuitive Machines by 34.2% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 21,600 shares of the company’s stock valued at $235,000 after acquiring an additional 5,500 shares during the period. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Intuitive Machines by 44.4% during the second quarter. Concurrent Investment Advisors LLC now owns 33,500 shares of the company’s stock valued at $364,000 after acquiring an additional 10,300 shares during the last quarter. 72.21% of the stock is currently owned by institutional investors.

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

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.