Intuitive Machines (NASDAQ:LUNR) CEO Stephen Altemus Sells 428,503 Shares of Stock

Intuitive Machines, Inc. (NASDAQ:LUNR) CEO Stephen Altemus sold 428,503 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $20.06, for a total transaction of $8,595,770.18. Following the sale, the chief executive officer owned 1,026,402 shares in the company, valued at approximately $20,589,624.12. This trade represents a 29.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Intuitive Machines Stock Down 1.8%

Shares of NASDAQ LUNR opened at $21.19 on Wednesday. The firm’s 50-day moving average price is $13.68 and its two-hundred day moving average price is $11.70. Intuitive Machines, Inc. has a 52-week low of $6.14 and a 52-week high of $24.95. The stock has a market capitalization of $3.82 billion, a P/E ratio of -8.58 and a beta of 1.37.

Analyst Ratings Changes

A number of research firms have issued reports on LUNR. Deutsche Bank Aktiengesellschaft set a $18.00 target price on Intuitive Machines and gave the company a “buy” rating in a research note on Friday, October 17th. Canaccord Genuity Group lifted their price objective on shares of Intuitive Machines from $15.50 to $22.50 and gave the company a “buy” rating in a research report on Monday, January 12th. Cantor Fitzgerald restated an “overweight” rating on shares of Intuitive Machines in a research report on Wednesday, December 3rd. B. Riley lifted their price target on Intuitive Machines from $14.00 to $20.00 and gave the company a “buy” rating in a report on Monday, December 22nd. Finally, KeyCorp began coverage on Intuitive Machines in a research report on Thursday, December 18th. They set an “overweight” rating and a $20.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $17.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. GAMMA Investing LLC raised its position in Intuitive Machines by 41.5% in the fourth quarter. GAMMA Investing LLC now owns 2,661 shares of the company’s stock worth $43,000 after acquiring an additional 781 shares in the last quarter. Golden State Wealth Management LLC grew its stake 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 purchasing an additional 1,800 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Intuitive Machines by 35.6% in the 2nd quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company’s stock worth $47,000 after purchasing an additional 1,127 shares in the last quarter. CoreCap Advisors LLC acquired a new stake in Intuitive Machines during the fourth quarter valued at approximately $104,000. Finally, Quarry LP lifted its stake in Intuitive Machines by 151.4% during the third quarter. Quarry LP now owns 6,457 shares of the company’s stock valued at $68,000 after purchasing an additional 3,889 shares during the last quarter. Institutional investors own 72.21% of the company’s stock.

Key Headlines Impacting Intuitive Machines

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

• Positive Sentiment: Zacks includes LUNR among three aerospace‑defense stocks to watch as defense spending and global air travel recover, suggesting potential demand and revenue tailwinds for companies in the sector. Zacks: 3 Aerospace-Defense Stocks
• Negative Sentiment: CEO Stephen J. Altemus sold 428,503 shares on Jan. 15 at an average of $20.06 and 58,828 shares on Jan. 16 at $20.03 — roughly 487,331 shares combined, amounting to about $9.8M in proceeds; after the sales he still owns ~1.03M shares. These sizable insider disposals increase near‑term supply and can signal caution to investors. CEO SEC Filing
• Negative Sentiment: SVP Timothy Price Crain II sold 170,185 shares on Jan. 15 at ~$20.06 and 24,155 shares on Jan. 16 at ~$20.04 (≈194,340 shares, ≈$3.9M), reducing his stake to ~298,435 shares. Large executive sales by multiple insiders add to downward pressure and may prompt investor concern. SVP SEC Filing

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.