Intuitive Machines, Inc. (NASDAQ:LUNR – Get Free Report) SVP Timothy Price Crain II sold 6,011 shares of the business’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $4.00, for a total transaction of $24,044.00. Following the completion of the sale, the senior vice president now directly owns 362,810 shares of the company’s stock, valued at $1,451,240. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Timothy Price Crain II also recently made the following trade(s):
- On Monday, July 1st, Timothy Price Crain II sold 50,000 shares of Intuitive Machines stock. The shares were sold at an average price of $3.36, for a total transaction of $168,000.00.
Intuitive Machines Stock Performance
NASDAQ LUNR opened at $3.65 on Thursday. The stock has a 50-day simple moving average of $4.71 and a 200 day simple moving average of $4.66. Intuitive Machines, Inc. has a twelve month low of $2.09 and a twelve month high of $13.25. The stock has a market capitalization of $454.90 million, a PE ratio of 8.90 and a beta of 0.21.
Institutional Trading of Intuitive Machines
A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Intuitive Machines by 250.0% during the 1st quarter. Vanguard Group Inc. now owns 601,354 shares of the company’s stock worth $3,758,000 after purchasing an additional 429,531 shares during the period. Inscription Capital LLC acquired a new stake in Intuitive Machines during the first quarter worth about $304,000. Tealwood Asset Management Inc. acquired a new stake in Intuitive Machines during the first quarter worth about $131,000. Deuterium Capital Management LLC bought a new position in Intuitive Machines during the first quarter valued at about $125,000. Finally, Sanders Morris Harris LLC acquired a new position in Intuitive Machines in the 1st quarter valued at approximately $119,000. 72.21% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have commented on LUNR shares. B. Riley assumed coverage on shares of Intuitive Machines in a research report on Friday, June 28th. They set a “buy” rating and a $8.00 target price on the stock. Roth Mkm lowered their price objective on Intuitive Machines from $15.00 to $10.00 and set a “buy” rating on the stock in a report on Wednesday, May 15th. Canaccord Genuity Group reduced their target price on Intuitive Machines from $14.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, May 15th. Cantor Fitzgerald reiterated an “overweight” rating and set a $10.00 price target on shares of Intuitive Machines in a report on Monday. Finally, Benchmark restated a “buy” rating and issued a $10.00 price objective on shares of Intuitive Machines in a research note on Thursday, April 4th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Intuitive Machines currently has an average rating of “Buy” and a consensus price target of $9.80.
Check Out Our Latest Analysis on LUNR
Intuitive Machines Company Profile
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 ĀµNova, 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.
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