Intuitive Machines (NASDAQ:LUNR) CEO Stephen Altemus Sells 41,407 Shares

Intuitive Machines, Inc. (NASDAQ:LUNR) CEO Stephen Altemus sold 41,407 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $15.01, for a total value of $621,519.07. Following the completion of the sale, the chief executive officer directly owned 1,026,402 shares in the company, valued at approximately $15,406,294.02. The trade was a 3.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Intuitive Machines Stock Performance

Intuitive Machines stock opened at $16.51 on Wednesday. Intuitive Machines, Inc. has a fifty-two week low of $6.14 and a fifty-two week high of $24.95. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of -6.68 and a beta of 1.44. The stock has a fifty day moving average of $11.00 and a two-hundred day moving average of $10.63.

Institutional Investors Weigh In On Intuitive Machines

Institutional investors have recently bought and sold shares of the stock. Tealwood Asset Management Inc. raised its stake in Intuitive Machines by 4.4% during the third quarter. Tealwood Asset Management Inc. now owns 21,250 shares of the company’s stock worth $224,000 after purchasing an additional 900 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Intuitive Machines by 35.6% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company’s stock worth $47,000 after buying an additional 1,127 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of Intuitive Machines by 12.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 13,478 shares of the company’s stock worth $147,000 after buying an additional 1,499 shares during the period. Golden State Wealth Management LLC raised its position in shares of Intuitive Machines by 180.0% in the 2nd quarter. Golden State Wealth Management LLC now owns 2,800 shares of the company’s stock worth $30,000 after buying an additional 1,800 shares during the period. Finally, SBI Securities Co. Ltd. boosted its holdings in Intuitive Machines by 5.3% in the third quarter. SBI Securities Co. Ltd. now owns 38,115 shares of the company’s stock valued at $401,000 after acquiring an additional 1,911 shares during the last quarter. 72.21% of the stock is currently owned by hedge funds and other institutional investors.

Key Stores Impacting Intuitive Machines

Here are the key news stories impacting Intuitive Machines this week:

• Positive Sentiment: B. Riley Securities reiterated a Buy on LUNR, which supports investor confidence and could cushion downside from the insider sales. B. Riley Maintains Buy
• Neutral Sentiment: Trading context: volume spiked to ~17.1M shares vs. an average ~9.48M, showing strong market interest; 50‑day SMA ~$11 and 200‑day SMA ~$10.63 indicate the shares are trading above key technical levels, which could limit longer‑term downside.
• Negative Sentiment: CEO Stephen J. Altemus sold a total of 2,000,000 shares in two trades (Dec. 19 & 22), raising roughly $31.51M and cutting his stake to 1,026,402 shares (a ~65.6% reduction). Large CEO sales often prompt negative sentiment and can pressure the stock. CEO SEC Filing
• Negative Sentiment: SVP Timothy Price Crain II sold 350,000 shares across two trades (Dec. 19 & 22) for about $5.34M, leaving him with 298,435 shares. Significant insider liquidations by multiple senior executives amplify negative interpretation. SVP SEC Filing

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. KeyCorp assumed coverage on shares of Intuitive Machines in a research note on Thursday, December 18th. They issued an “overweight” rating and a $20.00 target price for the company. Roth Capital reissued a “buy” rating on shares of Intuitive Machines in a research report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft set a $18.00 target price on shares of Intuitive Machines and gave the stock a “buy” rating in a research report on Friday, October 17th. Zacks Research upgraded Intuitive Machines from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Finally, Canaccord Genuity Group reduced their price target on Intuitive Machines from $18.50 to $15.50 and set a “buy” rating on the stock in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $16.25.

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.