Steven Vontur Sells 946 Shares of Intuitive Machines, Inc. (NASDAQ:LUNR) Stock

Intuitive Machines, Inc. (NASDAQ:LUNR) insider Steven Vontur sold 946 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $18.00, for a total transaction of $17,028.00. Following the sale, the insider now directly owns 114,390 shares of the company’s stock, valued at approximately $2,059,020. This represents a 0.82 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Steven Vontur also recently made the following trade(s):

• On Tuesday, December 17th, Steven Vontur sold 946 shares of Intuitive Machines stock. The stock was sold at an average price of $13.00, for a total transaction of $12,298.00.

Intuitive Machines Trading Down 3.6 %

NASDAQ LUNR opened at $18.39 on Friday. The stock has a fifty day simple moving average of $11.92 and a 200-day simple moving average of $7.52. The stock has a market cap of $2.58 billion, a PE ratio of -6.26 and a beta of 0.91. Intuitive Machines, Inc. has a twelve month low of $2.09 and a twelve month high of $19.62.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp acquired a new stake in shares of Intuitive Machines during the second quarter valued at about $272,000. Rhumbline Advisers purchased a new position in shares of Intuitive Machines during the 2nd quarter worth approximately $119,000. Wedbush Securities Inc. acquired a new stake in Intuitive Machines in the 2nd quarter valued at approximately $35,000. XTX Topco Ltd purchased a new stake in Intuitive Machines in the second quarter valued at approximately $164,000. Finally, Squarepoint Ops LLC acquired a new position in Intuitive Machines during the second quarter worth $536,000. Institutional investors and hedge funds own 72.21% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on LUNR. Canaccord Genuity Group cut their price target on Intuitive Machines from $19.00 to $17.50 and set a “buy” rating for the company in a report on Friday, December 6th. Benchmark lifted their price target on Intuitive Machines from $10.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Cantor Fitzgerald boosted their price target on shares of Intuitive Machines from $10.00 to $15.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Roth Mkm restated a “buy” rating and set a $10.00 price objective on shares of Intuitive Machines in a research report on Wednesday, September 18th. Finally, B. Riley boosted their target price on shares of Intuitive Machines from $8.00 to $12.00 and gave the company a “buy” rating in a report on Thursday, September 19th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $14.10.

About Intuitive Machines

Intuitive Machines, Inc designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal.