Stephen Altemus Sells 1,958,593 Shares of Intuitive Machines (NASDAQ:LUNR) Stock

Intuitive Machines, Inc. (NASDAQ:LUNR) CEO Stephen Altemus sold 1,958,593 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $15.77, for a total value of $30,887,011.61. Following the sale, the chief executive officer owned 1,026,402 shares in the company, valued at approximately $16,186,359.54. This represents a 65.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Intuitive Machines Price Performance

LUNR opened at $16.44 on Thursday. The firm has a market capitalization of $2.96 billion, a P/E ratio of -6.65 and a beta of 1.44. Intuitive Machines, Inc. has a one year low of $6.14 and a one year high of $24.95. The company has a fifty day moving average price of $11.07 and a 200-day moving average price of $10.67.

More Intuitive Machines News

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

• Positive Sentiment: Momentum surge: LUNR’s momentum score jumped dramatically (from ~27 to ~87), signaling strong technical and retail interest that can drive short‑term buying. Benzinga Momentum Article
• Positive Sentiment: Analyst support: several firms have reiterated or initiated positive ratings (Cantor Fitzgerald, KeyCorp’s overweight with a $20 target, Canaccord buy rating), providing fundamental backing that can limit downside. MarketBeat Analyst Notes
• Neutral Sentiment: Short interest/data note: a December report shows anomalous short‑interest figures (zero shares / NaN change), likely a data glitch—no clear short pressure signal from that report.
• Neutral Sentiment: Technical/trading context: volume and moving averages show elevated market attention and the stock trading above its 50/200‑day SMAs, which supports liquidity but can also enable quick reversals. MarketBeat Trading Context
• Negative Sentiment: Large insider selling — CEO: CEO Stephen Altemus disclosed material sales (including a ~1.96M‑share sale on Dec. 22 at ~$15.77) that reduced his stake substantially; such large CEO liquidations often trigger investor concern and selling pressure. CEO SEC Filing
• Negative Sentiment: Large insider selling — SVP: Senior VP Timothy Price Crain II sold a combined 350,000 shares across recent trades, compounding negative sentiment from multiple senior‑level sales. SVP SEC Filing
• Negative Sentiment: Profit‑taking/market reaction: coverage notes and news flow show short‑term profit‑taking after a mini‑rally (space sector political headlines lifted stocks, then some gave back gains), contributing to downward pressure. Fool: Profit‑Taking Article

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Roth Capital reissued a “buy” rating on shares of Intuitive Machines in a report on Tuesday, November 4th. Zacks Research upgraded shares of Intuitive Machines from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Stifel Nicolaus started coverage on shares of Intuitive Machines in a report on Monday, November 3rd. They set a “buy” rating and a $18.00 target price on the stock. B. Riley boosted their price target on shares of Intuitive Machines from $14.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Canaccord Genuity Group decreased their price objective on Intuitive Machines from $18.50 to $15.50 and set a “buy” rating on the stock in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $16.25.

Institutional Trading of Intuitive Machines

Several institutional investors and hedge funds have recently bought and sold shares of LUNR. Tealwood Asset Management Inc. lifted its position in Intuitive Machines by 4.4% during the 3rd quarter. Tealwood Asset Management Inc. now owns 21,250 shares of the company’s stock valued at $224,000 after acquiring an additional 900 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of Intuitive Machines by 35.6% during the second quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company’s stock valued at $47,000 after purchasing an additional 1,127 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Intuitive Machines by 12.5% during the second quarter. Tower Research Capital LLC TRC now owns 13,478 shares of the company’s stock valued at $147,000 after purchasing an additional 1,499 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of Intuitive Machines by 180.0% during the second quarter. Golden State Wealth Management LLC now owns 2,800 shares of the company’s stock valued at $30,000 after purchasing an additional 1,800 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in shares of Intuitive Machines by 5.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 38,115 shares of the company’s stock worth $401,000 after purchasing an additional 1,911 shares in the last quarter. 72.21% of the stock is currently 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.