SBI Securities Co. Ltd. decreased its position in Intuitive Machines, Inc. (NASDAQ:LUNR - Free Report) by 79.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,202 shares of the company's stock after selling 103,809 shares during the period. SBI Securities Co. Ltd.'s holdings in Intuitive Machines were worth $195,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Quarry LP purchased a new stake in shares of Intuitive Machines in the 4th quarter valued at approximately $44,000. Rossby Financial LCC acquired a new stake in shares of Intuitive Machines in the first quarter valued at about $67,000. Sigma Planning Corp acquired a new stake in shares of Intuitive Machines in the first quarter valued at about $78,000. Park Avenue Securities LLC acquired a new position in Intuitive Machines during the first quarter worth about $81,000. Finally, Ancora Advisors LLC purchased a new stake in shares of Intuitive Machines during the fourth quarter worth about $91,000. 72.21% of the stock is owned by hedge funds and other institutional investors.
Intuitive Machines Stock Down 9.3%
NASDAQ LUNR traded down $1.16 during trading on Monday, hitting $11.25. 12,838,683 shares of the company's stock were exchanged, compared to its average volume of 13,173,289. The stock's 50 day moving average price is $11.12 and its two-hundred day moving average price is $12.50. Intuitive Machines, Inc. has a fifty-two week low of $3.15 and a fifty-two week high of $24.95.
Intuitive Machines (NASDAQ:LUNR - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.10). The business had revenue of $62.52 million for the quarter, compared to analyst estimates of $66.07 million. As a group, analysts forecast that Intuitive Machines, Inc. will post 0.73 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, Director Kamal Seyed Ghaffarian sold 80,508 shares of the business's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $12.05, for a total value of $970,121.40. Following the sale, the director directly owned 3,494,768 shares in the company, valued at approximately $42,111,954.40. The trade was a 2.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Peter Mcgrath sold 72,168 shares of Intuitive Machines stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $12.00, for a total value of $866,016.00. Following the transaction, the chief financial officer directly owned 366,824 shares of the company's stock, valued at $4,401,888. The trade was a 16.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 353,946 shares of company stock worth $4,269,089 over the last quarter. Company insiders own 39.75% of the company's stock.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the stock. Benchmark reissued a "buy" rating and set a $16.00 price objective on shares of Intuitive Machines in a research note on Tuesday, March 25th. Roth Capital restated a "buy" rating on shares of Intuitive Machines in a research note on Tuesday, May 13th. Barclays started coverage on shares of Intuitive Machines in a research note on Thursday, May 22nd. They set a "neutral" rating on the stock. B. Riley reissued a "buy" rating on shares of Intuitive Machines in a research note on Tuesday, March 25th. Finally, Bank of America decreased their target price on shares of Intuitive Machines from $16.00 to $10.50 and set an "underperform" rating for the company in a research note on Wednesday, July 16th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Intuitive Machines currently has a consensus rating of "Moderate Buy" and an average target price of $15.44.
Get Our Latest Stock Report on Intuitive Machines
About Intuitive Machines
(
Free Report)
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.
Further Reading
Before you consider Intuitive Machines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intuitive Machines wasn't on the list.
While Intuitive Machines currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
