Intuitive Machines, Inc. (NASDAQ:LUNR – Get Free Report) SVP Timothy Price Crain II sold 197,637 shares of the firm’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $6.05, for a total value of $1,195,703.85. Following the completion of the transaction, the senior vice president now directly owns 362,810 shares in the company, valued at approximately $2,195,000.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Timothy Price Crain II also recently made the following trade(s):
- On Thursday, August 15th, Timothy Price Crain II sold 125,577 shares of Intuitive Machines stock. The shares were sold at an average price of $4.02, for a total value of $504,819.54.
- On Thursday, August 1st, Timothy Price Crain II sold 74,423 shares of Intuitive Machines stock. The shares were sold at an average price of $3.93, for a total value of $292,482.39.
- On Thursday, July 11th, Timothy Price Crain II sold 143,989 shares of Intuitive Machines stock. The shares were sold at an average price of $4.04, for a total value of $581,715.56.
- On Wednesday, July 3rd, Timothy Price Crain II sold 6,011 shares of Intuitive Machines stock. The shares were sold at an average price of $4.00, for a total value of $24,044.00.
- 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 value of $168,000.00.
Intuitive Machines Stock Down 6.7 %
LUNR stock opened at $5.72 on Tuesday. The firm has a market cap of $712.90 million, a price-to-earnings ratio of 13.95 and a beta of 0.26. Intuitive Machines, Inc. has a twelve month low of $2.09 and a twelve month high of $13.25. The business’s fifty day simple moving average is $4.50 and its two-hundred day simple moving average is $4.86.
Hedge Funds Weigh In On Intuitive Machines
Several institutional investors have recently made changes to their positions in LUNR. Vanguard Group Inc. increased its stake in shares of Intuitive Machines by 250.0% during the first quarter. Vanguard Group Inc. now owns 601,354 shares of the company’s stock valued at $3,758,000 after buying an additional 429,531 shares during the period. Squarepoint Ops LLC purchased a new position in Intuitive Machines in the second quarter valued at about $536,000. Bank of New York Mellon Corp purchased a new position in Intuitive Machines in the second quarter valued at about $272,000. Sanders Morris Harris LLC grew its stake in Intuitive Machines by 264.9% in the second quarter. Sanders Morris Harris LLC now owns 69,700 shares of the company’s stock valued at $230,000 after purchasing an additional 50,600 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in Intuitive Machines in the second quarter valued at about $164,000. Hedge funds and other institutional investors own 72.21% of the company’s stock.
Analyst Ratings Changes
LUNR has been the topic of a number of research reports. B. Riley initiated coverage on Intuitive Machines in a research note on Friday, June 28th. They issued a “buy” rating and a $8.00 price objective on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $10.00 price objective on shares of Intuitive Machines in a research note on Monday, September 9th. Benchmark reissued a “buy” rating and set a $10.00 target price on shares of Intuitive Machines in a research report on Wednesday, August 14th. Finally, Roth Mkm increased their target price on Intuitive Machines from $7.00 to $10.00 and gave the stock a “buy” rating in a research note on Friday, August 30th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $9.80.
Read Our Latest Research Report on Intuitive Machines
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.
Featured Articles
- Five stocks we like better than Intuitive Machines
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
- Where Do I Find 52-Week Highs and Lows?
- Roblox’s Growth Beyond Kids: Stock Set for Major Moves
- Stock Dividend Cuts Happen Are You Ready?
- 5 Oversold Stocks to Buy Right Now
Receive News & Ratings for Intuitive Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Machines and related companies with MarketBeat.com's FREE daily email newsletter.