Shares of Intuitive Machines, Inc. (NASDAQ:LUNR - Get Free Report) traded down 1.4% during mid-day trading on Monday . The stock traded as low as $5.01 and last traded at $5.01. 528,054 shares were traded during trading, a decline of 94% from the average session volume of 9,034,153 shares. The stock had previously closed at $5.08.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the stock. Benchmark reissued a "buy" rating and set a $10.00 price target on shares of Intuitive Machines in a report on Thursday, April 4th. Roth Mkm reissued a "buy" rating and set a $15.00 price target on shares of Intuitive Machines in a report on Thursday, April 4th. Finally, Cantor Fitzgerald cut their price target on shares of Intuitive Machines from $13.00 to $10.00 and set an "overweight" rating for the company in a report on Friday, March 22nd.
View Our Latest Research Report on Intuitive Machines
Intuitive Machines Stock Performance
The stock has a market cap of $592.87 million, a price-to-earnings ratio of 2.03 and a beta of 0.23. The firm's 50-day simple moving average is $5.93 and its two-hundred day simple moving average is $4.03.
Insider Buying and Selling at Intuitive Machines
In other Intuitive Machines news, major shareholder Guy Shanon sold 123,717 shares of the business's stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $8.99, for a total value of $1,112,215.83. Following the sale, the insider now owns 1,302,673 shares in the company, valued at approximately $11,711,030.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 78.93% of the company's stock.
Institutional Investors Weigh In On Intuitive Machines
Several institutional investors have recently bought and sold shares of the company. Hemington Wealth Management bought a new stake in shares of Intuitive Machines during the 4th quarter worth approximately $26,000. Cypress Financial Planning LLC bought a new stake in shares of Intuitive Machines during the 3rd quarter worth approximately $39,000. State Street Corp bought a new stake in shares of Intuitive Machines during the 2nd quarter worth approximately $111,000. Sanders Morris Harris LLC bought a new stake in shares of Intuitive Machines during the 1st quarter worth approximately $119,000. Finally, Tealwood Asset Management Inc. bought a new stake in shares of Intuitive Machines during the 1st quarter worth approximately $131,000. Institutional investors own 72.21% of the company's stock.
Intuitive Machines Company Profile
(
Get 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 "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
