Intuitive Machines, Inc. (NASDAQ:LUNR - Get Free Report) insider Steven Vontur sold 946 shares of the company's stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $13.00, for a total transaction of $12,298.00. Following the completion of the sale, the insider now owns 115,336 shares of the company's stock, valued at $1,499,368. This represents a 0.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Intuitive Machines Stock Performance
NASDAQ LUNR opened at $12.78 on Friday. Intuitive Machines, Inc. has a twelve month low of $2.09 and a twelve month high of $17.14. The stock has a market cap of $1.79 billion, a PE ratio of -4.35 and a beta of 0.93. The firm has a 50-day simple moving average of $10.91 and a 200 day simple moving average of $7.02.
Institutional Trading of Intuitive Machines
Several institutional investors have recently modified their holdings of the company. Wedbush Securities Inc. acquired a new stake in Intuitive Machines during the second quarter worth $35,000. Sender Co & Partners Inc. acquired a new position in shares of Intuitive Machines in the 2nd quarter valued at $56,000. Waldron Private Wealth LLC bought a new position in shares of Intuitive Machines during the 3rd quarter worth about $83,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Intuitive Machines during the 3rd quarter valued at about $85,000. Finally, SG Americas Securities LLC bought a new stake in Intuitive Machines in the third quarter valued at about $93,000. Institutional investors and hedge funds own 72.21% of the company's stock.
Analyst Ratings Changes
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LUNR has been the subject of several recent analyst reports. Roth Mkm reiterated a "buy" rating and set a $10.00 price target on shares of Intuitive Machines in a research note on Wednesday, September 18th. Benchmark upped their target price on Intuitive Machines from $10.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. B. Riley lifted their price target on shares of Intuitive Machines from $8.00 to $12.00 and gave the company a "buy" rating in a research report on Thursday, September 19th. Canaccord Genuity Group lowered their target price on shares of Intuitive Machines from $19.00 to $17.50 and set a "buy" rating on the stock in a research note on Friday, December 6th. Finally, Cantor Fitzgerald boosted their target price on shares of Intuitive Machines from $10.00 to $15.00 and gave the stock an "overweight" rating in a research report on Friday, November 15th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Intuitive Machines currently has a consensus rating of "Buy" and a consensus price target of $14.10.
View Our Latest Stock Analysis on LUNR
Intuitive Machines Company Profile
(
Get Free Report)
Intuitive Machines, Inc designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal.
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