Intuitive Machines (NASDAQ:LUNR) Stock Price Down 14.5% Following Insider Selling

Posted by George Bondi on Jun 5th, 2026

Intuitive Machines, Inc. (NASDAQ:LUNR – Get Free Report)’s share price was down 14.5% during mid-day trading on Wednesday following insider selling activity. The stock traded as low as $33.24 and last traded at $33.83. Approximately 16,350,768 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 13,578,035 shares. The stock had previously closed at $39.57.

Specifically, Director Kamal Seyed Ghaffarian sold 141,909 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $39.02, for a total value of $5,537,289.18. Following the completion of the transaction, the director owned 3,494,768 shares of the company’s stock, valued at approximately $136,365,847.36. This trade represents a 3.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on LUNR shares. Stifel Nicolaus set a $32.00 price target on shares of Intuitive Machines in a report on Friday, May 15th. Wall Street Zen raised shares of Intuitive Machines from a “strong sell” rating to a “sell” rating in a research report on Sunday, May 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Intuitive Machines in a research report on Tuesday, April 21st. Cantor Fitzgerald increased their price objective on shares of Intuitive Machines from $26.00 to $43.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 19th. Finally, KeyCorp increased their price objective on shares of Intuitive Machines from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Intuitive Machines presently has an average rating of “Hold” and a consensus target price of $31.50.

Read Our Latest Research Report on Intuitive Machines

Intuitive Machines Trading Down 12.7%

The company has a market capitalization of $6.37 billion, a PE ratio of -33.36 and a beta of 1.68. The stock’s 50-day moving average is $28.73 and its two-hundred day moving average is $20.50.

Intuitive Machines (NASDAQ:LUNR – Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $202.95 million. On average, equities research analysts forecast that Intuitive Machines, Inc. will post -0.35 EPS for the current fiscal year.

Hedge Funds Weigh In On Intuitive Machines

A number of institutional investors have recently modified their holdings of LUNR. International Assets Investment Management LLC purchased a new position in shares of Intuitive Machines during the fourth quarter worth approximately $28,000. State of Wyoming purchased a new position in shares of Intuitive Machines during the first quarter worth approximately $39,000. GAMMA Investing LLC increased its position in shares of Intuitive Machines by 41.5% during the fourth quarter. GAMMA Investing LLC now owns 2,661 shares of the company’s stock worth $43,000 after acquiring an additional 781 shares during the period. Larson Financial Group LLC increased its position in shares of Intuitive Machines by 63.2% during the fourth quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock worth $43,000 after acquiring an additional 1,016 shares during the period. Finally, CWM LLC increased its position in shares of Intuitive Machines by 406.4% during the fourth quarter. CWM LLC now owns 2,912 shares of the company’s stock worth $47,000 after acquiring an additional 2,337 shares during the period. 72.21% of the stock is owned by hedge funds and other institutional investors.

About Intuitive Machines

(Get 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.