Steven Vontur Sells 4,343 Shares of Intuitive Machines (NASDAQ:LUNR) Stock

Intuitive Machines, Inc. (NASDAQ:LUNRGet Free Report) insider Steven Vontur sold 4,343 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $17.44, for a total value of $75,741.92. Following the completion of the sale, the insider directly owned 117,047 shares in the company, valued at approximately $2,041,299.68. The trade was a 3.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Intuitive Machines Trading Up 2.6%

Shares of NASDAQ LUNR opened at $16.13 on Friday. The business has a 50-day moving average of $17.01 and a 200-day moving average of $12.57. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of -6.53 and a beta of 1.37. Intuitive Machines, Inc. has a 12 month low of $6.14 and a 12 month high of $23.32.

Key Stories Impacting Intuitive Machines

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Roth Mkm reiterated a “buy” rating on shares of Intuitive Machines in a research report on Tuesday, November 4th. KeyCorp lifted 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. Bank of America increased their price objective on Intuitive Machines from $8.50 to $9.50 and gave the company an “underperform” rating in a research report on Wednesday, November 19th. Zacks Research upgraded Intuitive Machines from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Intuitive Machines in a research note on Wednesday, December 3rd. Nine investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Intuitive Machines currently has a consensus rating of “Moderate Buy” and an average price target of $17.27.

Check Out Our Latest Report on Intuitive Machines

Hedge Funds Weigh In On Intuitive Machines

Large investors have recently bought and sold shares of the stock. ARK Investment Management LLC lifted its holdings in Intuitive Machines by 56.1% in the second quarter. ARK Investment Management LLC now owns 1,158,775 shares of the company’s stock worth $12,596,000 after buying an additional 416,337 shares during the period. LBP AM SA raised its position in shares of Intuitive Machines by 87.2% in the 3rd quarter. LBP AM SA now owns 256,417 shares of the company’s stock worth $2,698,000 after acquiring an additional 119,419 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Intuitive Machines by 36.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 486,752 shares of the company’s stock valued at $5,121,000 after purchasing an additional 129,896 shares during the period. SG Americas Securities LLC bought a new stake in shares of Intuitive Machines during the third quarter valued at approximately $3,134,000. Finally, Ensign Peak Advisors Inc purchased a new stake in Intuitive Machines in the second quarter worth $373,000. 72.21% of the stock is owned by hedge funds and other institutional investors.

About Intuitive Machines

(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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Insider Buying and Selling by Quarter for Intuitive Machines (NASDAQ:LUNR)

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