Intuitive Machines (NASDAQ:LUNR) Shares Down 4.4% on Insider Selling

Intuitive Machines, Inc. (NASDAQ:LUNR) shares were down 4.4% during trading on Wednesday following insider selling activity. The company traded as low as $20.10 and last traded at $20.2520. Approximately 3,437,438 shares changed hands during trading, a decline of 73% from the average daily volume of 12,794,967 shares. The stock had previously closed at $21.19.

Specifically, SVP Timothy Price Crain II sold 24,155 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $20.04, for a total transaction of $484,066.20. Following the completion of the sale, the senior vice president directly owned 298,435 shares in the company, valued at approximately $5,980,637.40. The trade was a 7.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Timothy Price Crain II sold 170,185 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $20.06, for a total transaction of $3,413,911.10. Following the completion of the transaction, the senior vice president owned 298,435 shares in the company, valued at $5,986,606.10. The trade was a 36.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In other news, CEO Stephen J. Altemus sold 58,828 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $20.03, for a total transaction of $1,178,324.84. Following the completion of the sale, the chief executive officer owned 1,026,402 shares of the company’s stock, valued at $20,558,832.06. The trade was a 5.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LUNR. Bank of America lifted their target price on Intuitive Machines from $8.50 to $9.50 and gave the company an “underperform” rating in a research report on Wednesday, November 19th. KeyCorp initiated coverage on Intuitive Machines in a research note on Thursday, December 18th. They issued an “overweight” rating and a $20.00 price objective on the stock. Zacks Research raised Intuitive Machines from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. B. Riley increased their target price on shares of Intuitive Machines from $14.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 target price on shares of Intuitive Machines and gave the stock a “buy” rating in a research note on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $16.73.

Key Stories Impacting Intuitive Machines

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

• Positive Sentiment: Zacks highlights LUNR as one of three aerospace‑defense names to watch as defense spending and travel recover, which could create demand tailwinds for Intuitive Machines’ services. Read More.
• Positive Sentiment: Analyst coverage remains broadly favorable: Market consensus is a “Moderate Buy” with multiple buy/overweight ratings and several target upgrades in recent months, supporting underlying investor interest. Read More.
• Neutral Sentiment: Large institutional holders have been adding shares (e.g., First Trust, Jump Financial, ARK), meaning a high percentage of float is owned by funds — this can support stability but also concentrate flows. Read More.
• Neutral Sentiment: MarketBeat/analyst data show an average target near $17 and mixed ratings (some strong buys and some sells), indicating differing views on valuation and execution risk.
• Negative Sentiment: CEO Stephen Altemus executed large sales (≈428,503 shares on Jan. 15 and ≈58,828 shares on Jan. 16 at ~\$20), representing a sizable reduction in his holdings and adding share supply. Read More.
• Negative Sentiment: SVP Timothy Price Crain II sold large blocks as well (≈170,185 shares on Jan. 15 and 24,155 on Jan. 16 at ~\$20), further amplifying downward pressure and signaling insiders are taking gains. Read More.

Intuitive Machines Price Performance

The firm’s 50-day moving average price is $13.89 and its 200-day moving average price is $11.75. The stock has a market cap of $3.53 billion, a P/E ratio of -7.94 and a beta of 1.37.

Institutional Trading of Intuitive Machines

A number of institutional investors and hedge funds have recently bought and sold shares of LUNR. GAMMA Investing LLC boosted its holdings in shares of Intuitive Machines by 41.5% during the 4th quarter. GAMMA Investing LLC now owns 2,661 shares of the company’s stock valued at $43,000 after purchasing an additional 781 shares during the last quarter. Golden State Wealth Management LLC lifted its position in shares of Intuitive Machines by 180.0% in the second 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 in the last quarter. Nisa Investment Advisors LLC boosted its stake in 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 buying an additional 1,127 shares during the last quarter. CoreCap Advisors LLC bought a new position in Intuitive Machines during the fourth quarter valued at approximately $104,000. Finally, Quarry LP grew its holdings in Intuitive Machines by 151.4% during the 3rd quarter. Quarry LP now owns 6,457 shares of the company’s stock valued at $68,000 after buying an additional 3,889 shares in the last quarter. 72.21% of the stock is currently owned by 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.