Trustees of the University of Pennsylvania Takes Position in Intuitive Machines, Inc. $LUNR

Posted by Brenda Bartman on May 22nd, 2026

Trustees of the University of Pennsylvania purchased a new stake in Intuitive Machines, Inc. (NASDAQ:LUNR – Free Report) during the 4th quarter, HoldingsChannel reports. The fund purchased 3,246,424 shares of the company’s stock, valued at approximately $52,689,000. Intuitive Machines accounts for 25.9% of Trustees of the University of Pennsylvania’s holdings, making the stock its 2nd biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in shares of Intuitive Machines in the fourth quarter valued at approximately $28,000. Larson Financial Group LLC raised its position in shares of Intuitive Machines by 63.2% in the fourth quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock valued at $43,000 after purchasing an additional 1,016 shares during the period. GAMMA Investing LLC raised its position in shares of Intuitive Machines by 41.5% in the fourth quarter. GAMMA Investing LLC now owns 2,661 shares of the company’s stock valued at $43,000 after purchasing an additional 781 shares during the period. CWM LLC raised its position in shares of Intuitive Machines by 406.4% in the fourth quarter. CWM LLC now owns 2,912 shares of the company’s stock valued at $47,000 after purchasing an additional 2,337 shares during the period. Finally, CoreCap Advisors LLC bought a new stake in shares of Intuitive Machines in the fourth quarter valued at approximately $104,000. Institutional investors own 72.21% of the company’s stock.

Insider Activity at Intuitive Machines

In other news, CEO Stephen J. Altemus sold 13,751 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $23.61, for a total value of $324,661.11. Following the completion of the sale, the chief executive officer owned 1,162,495 shares of the company’s stock, valued at approximately $27,446,506.95. This represents a 1.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Peter Mcgrath sold 24,554 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $23.61, for a total transaction of $579,719.94. Following the completion of the sale, the chief financial officer directly owned 401,246 shares of the company’s stock, valued at $9,473,418.06. This trade represents a 5.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,048,206 shares of company stock worth $24,782,839 over the last quarter. 54.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Stifel Nicolaus set a $32.00 price target on shares of Intuitive Machines in a research report on Friday, May 15th. Cantor Fitzgerald upped their target price on shares of Intuitive Machines from $26.00 to $43.00 and gave the stock an “overweight” rating in a report on Tuesday. Zacks Research lowered shares of Intuitive Machines from a “hold” rating to a “strong sell” rating in a report on Tuesday. Canaccord Genuity Group upped their target price on shares of Intuitive Machines from $24.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Finally, KeyCorp upped their target price on shares of Intuitive Machines from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating, one has given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $31.50.

Read Our Latest Research Report on Intuitive Machines

Intuitive Machines Trading Up 1.7%

Intuitive Machines stock opened at $34.24 on Friday. The firm’s 50 day simple moving average is $24.67 and its 200 day simple moving average is $18.47. The firm has a market capitalization of $7.42 billion, a PE ratio of -38.91 and a beta of 1.47. Intuitive Machines, Inc. has a 1-year low of $7.78 and a 1-year high of $38.55.

Intuitive Machines (NASDAQ:LUNR – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.18). The company had revenue of $186.73 million for the quarter, compared to analyst estimates of $202.95 million. Research analysts forecast that Intuitive Machines, Inc. will post -0.45 earnings per share for the current year.

Intuitive Machines Company Profile

(Free Report)

Intuitive Machines is a Houston, Texas–based aerospace company specializing in commercial lunar exploration and services. The firm develops end-to-end solutions for robotic missions to the Moon, providing spacecraft design, mission management, navigation, communications, and data services under NASA’s Commercial Lunar Payload Services (CLPS) program.

Founded in 2013 by aerospace engineers Steve Altemus, Tim Crain and Kris Kimel, Intuitive Machines has grown from a small startup into one of the leading private entities pursuing lunar surface deliveries.