Rollins Financial Advisors LLC Makes New $181,000 Investment in Intuitive Machines, Inc. $LUNR

Rollins Financial Advisors LLC bought a new stake in shares of Intuitive Machines, Inc. (NASDAQ:LUNR) during the second quarter, HoldingsChannel reports. The institutional investor bought 16,653 shares of the company’s stock, valued at approximately $181,000.

Other hedge funds also recently modified their holdings of the company. Golden State Wealth Management LLC grew its position in shares of Intuitive Machines by 180.0% during the 2nd quarter. Golden State Wealth Management LLC now owns 2,800 shares of the company’s stock worth $30,000 after buying an additional 1,800 shares during the period. Rossby Financial LCC boosted its stake in Intuitive Machines by 54.2% in the second quarter. Rossby Financial LCC now owns 13,804 shares of the company’s stock valued at $150,000 after acquiring an additional 4,851 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in Intuitive Machines by 28.7% in the second quarter. Teacher Retirement System of Texas now owns 15,679 shares of the company’s stock valued at $170,000 after acquiring an additional 3,494 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Intuitive Machines during the 2nd quarter worth $1,264,000. Finally, Nisa Investment Advisors LLC raised its position in shares of Intuitive Machines by 35.6% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company’s stock valued at $47,000 after acquiring an additional 1,127 shares during the last quarter. Institutional investors own 72.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on LUNR. Canaccord Genuity Group cut their price target on Intuitive Machines from $18.50 to $15.50 and set a “buy” rating on the stock in a research note on Friday. Weiss Ratings reissued a “sell (d-)” rating on shares of Intuitive Machines in a research note on Wednesday, October 8th. Zacks Research upgraded Intuitive Machines to a “strong sell” rating in a report on Monday, August 11th. Roth Capital reaffirmed a “buy” rating on shares of Intuitive Machines in a research note on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 price objective on shares of Intuitive Machines and gave the stock a “buy” rating in a research note on Friday, October 17th. Ten equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $15.40.

Intuitive Machines Price Performance

Shares of Intuitive Machines stock opened at $9.59 on Monday. The company has a market capitalization of $1.71 billion, a P/E ratio of -2.96 and a beta of 1.42. The business has a 50-day moving average of $10.71 and a two-hundred day moving average of $10.61. Intuitive Machines, Inc. has a 1 year low of $6.14 and a 1 year high of $24.95.

Intuitive Machines (NASDAQ:LUNR) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.05). The company had revenue of $50.31 million during the quarter, compared to analyst estimates of $69.19 million. On average, equities analysts anticipate that Intuitive Machines, Inc. will post 0.73 EPS for the current fiscal year.

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 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.