Sierra Summit Advisors LLC Invests $883,000 in Intuitive Machines, Inc. $LUNR

Posted by Francis Steltz on Jul 4th, 2026

Sierra Summit Advisors LLC bought a new stake in Intuitive Machines, Inc. (NASDAQ:LUNR – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,561 shares of the company’s stock, valued at approximately $883,000.

Several other hedge funds also recently modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in Intuitive Machines during the fourth quarter worth $28,000. GAMMA Investing LLC lifted its stake in Intuitive Machines by 41.5% during the 4th quarter. GAMMA Investing LLC now owns 2,661 shares of the company’s stock valued at $43,000 after acquiring an additional 781 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Intuitive Machines by 63.2% during the 4th 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 last quarter. CWM LLC boosted its holdings in Intuitive Machines by 406.4% during the 4th 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 last quarter. Finally, Sunbelt Securities Inc. grew its stake in shares of Intuitive Machines by 144.8% in the 4th quarter. Sunbelt Securities Inc. now owns 2,938 shares of the company’s stock worth $48,000 after acquiring an additional 1,738 shares in the last quarter. Hedge funds and other 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 stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $23.61, for a total transaction of $324,661.11. Following the completion of the transaction, the chief executive officer directly owned 1,162,495 shares of the company’s stock, valued at $27,446,506.95. This represents a 1.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Timothy Price Crain II sold 150,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $21.87, for a total transaction of $3,280,500.00. Following the sale, the senior vice president owned 351,279 shares of the company’s stock, valued at approximately $7,682,471.73. The trade was a 29.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,208,436 shares of company stock worth $32,795,395. Insiders own 54.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on LUNR shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Intuitive Machines in a report on Tuesday, April 21st. Zacks Research downgraded shares of Intuitive Machines from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Wall Street Zen upgraded shares of Intuitive Machines from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 24th. Canaccord Genuity Group lifted their target price on shares of Intuitive Machines from $24.00 to $41.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, B. Riley Financial restated a “buy” rating on shares of Intuitive Machines in a research note on Wednesday, June 24th. Eight research analysts have rated the stock with a Buy rating, one has given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $31.50.

View Our Latest Analysis on LUNR

Intuitive Machines Price Performance

Shares of Intuitive Machines stock opened at $19.58 on Friday. Intuitive Machines, Inc. has a 1 year low of $7.78 and a 1 year high of $46.75. The firm has a market cap of $4.25 billion, a PE ratio of -22.25 and a beta of 1.78. The stock has a fifty day moving average price of $28.79 and a 200-day moving average price of $22.38.

Intuitive Machines (NASDAQ:LUNR – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.18). The firm had revenue of $186.73 million during the quarter, compared to the consensus estimate of $202.95 million. As a group, equities analysts anticipate that Intuitive Machines, Inc. will post -0.36 EPS for the current fiscal year.

Intuitive Machines 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.