Jump Financial LLC purchased a new stake in Intuitive Machines, Inc. (NASDAQ:LUNR – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 255,001 shares of the company’s stock, valued at approximately $1,900,000. Jump Financial LLC owned 0.14% of Intuitive Machines at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Quarry LP bought a new position in shares of Intuitive Machines in the 4th quarter worth $44,000. Ancora Advisors LLC bought a new position in shares of Intuitive Machines in the fourth quarter worth approximately $91,000. GAMMA Investing LLC grew its holdings in shares of Intuitive Machines by 97,862.5% in the first quarter. GAMMA Investing LLC now owns 7,837 shares of the company’s stock worth $580,000 after purchasing an additional 7,829 shares during the last quarter. Rossby Financial LCC bought a new position in shares of Intuitive Machines during the first quarter valued at approximately $67,000. Finally, PharVision Advisers LLC bought a new stake in shares of Intuitive Machines during the fourth quarter valued at approximately $185,000. 72.21% of the stock is owned by institutional investors.
Insider Buying and Selling at Intuitive Machines
In other news, Director Kamal Seyed Ghaffarian sold 40,254 shares of Intuitive Machines stock in a transaction on Monday, July 28th. The stock was sold at an average price of $13.49, for a total transaction of $543,026.46. Following the completion of the sale, the director directly owned 3,494,768 shares in the company, valued at approximately $47,144,420.32. This trade represents a 1.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 201,270 shares of company stock worth $2,481,659 in the last ninety days. 39.75% of the stock is currently owned by company insiders.
Intuitive Machines Stock Up 0.9%
Intuitive Machines (NASDAQ:LUNR – Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.05). The business had revenue of $50.31 million for the quarter, compared to analyst estimates of $69.19 million. Intuitive Machines has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that Intuitive Machines, Inc. will post 0.73 EPS for the current year.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on LUNR shares. Cantor Fitzgerald lifted their price target on Intuitive Machines from $13.00 to $16.00 and gave the company an “overweight” rating in a research report on Wednesday, May 14th. Barclays assumed coverage on Intuitive Machines in a research report on Thursday, May 22nd. They issued a “neutral” rating on the stock. Bank of America cut their target price on shares of Intuitive Machines from $10.50 to $8.50 and set an “underperform” rating for the company in a research report on Monday. Roth Capital reaffirmed a “buy” rating on shares of Intuitive Machines in a research report on Tuesday, May 13th. Finally, Craig Hallum started coverage on Intuitive Machines in a research report on Tuesday, July 22nd. They issued a “buy” rating and a $17.00 price target for the company. Eight analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $15.10.
Get Our Latest Stock Analysis on Intuitive Machines
Intuitive Machines 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.
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