Insider Selling: Intuitive Machines (NASDAQ:LUNR) Director Sells $4,324,634.16 in Stock

Intuitive Machines, Inc. (NASDAQ:LUNR) Director Kamal Seyed Ghaffarian sold 267,448 shares of Intuitive Machines stock in a transaction on Monday, August 10th. The shares were sold at an average price of $16.17, for a total transaction of $4,324,634.16. Following the completion of the transaction, the director directly owned 3,494,768 shares of the company’s stock, valued at $56,510,398.56. The trade was a 7.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kamal Seyed Ghaffarian also recently made the following trade(s):

• On Monday, July 27th, Kamal Seyed Ghaffarian sold 47,303 shares of Intuitive Machines stock. The stock was sold at an average price of $13.20, for a total transaction of $624,399.60.
• On Monday, June 29th, Kamal Seyed Ghaffarian sold 141,909 shares of Intuitive Machines stock. The stock was sold at an average price of $20.43, for a total transaction of $2,899,200.87.
• On Monday, June 15th, Kamal Seyed Ghaffarian sold 141,909 shares of Intuitive Machines stock. The shares were sold at an average price of $26.15, for a total value of $3,710,920.35.
• On Monday, June 1st, Kamal Seyed Ghaffarian sold 141,909 shares of Intuitive Machines stock. The shares were sold at an average price of $39.02, for a total value of $5,537,289.18.
• On Monday, May 18th, Kamal Seyed Ghaffarian sold 141,909 shares of Intuitive Machines stock. The stock was sold at an average price of $34.25, for a total value of $4,860,383.25.

Intuitive Machines Trading Up 8.3%

NASDAQ LUNR opened at $19.01 on Friday. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of -20.01 and a beta of 1.83. The stock has a 50-day moving average of $18.17 and a 200 day moving average of $21.90. Intuitive Machines, Inc. has a twelve month low of $7.78 and a twelve month high of $46.75.

Intuitive Machines (NASDAQ:LUNR) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.20). The business had revenue of $206.17 million during the quarter, compared to the consensus estimate of $212.32 million. Equities analysts predict that Intuitive Machines, Inc. will post -0.35 EPS for the current fiscal year.

Institutional Trading of Intuitive Machines

Several large investors have recently added to or reduced their stakes in the stock. Trustees of the University of Pennsylvania purchased a new position in shares of Intuitive Machines during the 4th quarter worth $52,689,000. Tema ETFs LLC grew its holdings in shares of Intuitive Machines by 139,768.2% in the second quarter. Tema ETFs LLC now owns 3,105,074 shares of the company’s stock valued at $66,418,000 after purchasing an additional 3,102,854 shares during the period. UBS Group AG grew its holdings in shares of Intuitive Machines by 22.0% in the fourth quarter. UBS Group AG now owns 3,095,383 shares of the company’s stock valued at $50,238,000 after purchasing an additional 557,517 shares during the period. Geode Capital Management LLC increased its position in Intuitive Machines by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 2,735,161 shares of the company’s stock worth $44,399,000 after purchasing an additional 61,084 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Intuitive Machines by 18.4% during the third quarter. Bank of America Corp DE now owns 2,677,305 shares of the company’s stock worth $28,165,000 after purchasing an additional 415,359 shares during the last quarter. 72.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on LUNR. Roth Capital set a $30.00 price target on shares of Intuitive Machines in a research note on Thursday. Stifel Nicolaus raised shares of Intuitive Machines from a “hold” rating to a “buy” rating and decreased their price objective for the company from $32.00 to $26.00 in a report on Friday. Canaccord Genuity Group lifted their target price on shares of Intuitive Machines from $24.00 to $41.00 and gave the company a “buy” rating in a research report on Friday, May 15th. KeyCorp boosted their target price on shares of Intuitive Machines from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, B. Riley Financial reduced their price target on shares of Intuitive Machines from $45.00 to $43.00 and set a “buy” rating for the company in a research report on Friday. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuitive Machines has an average rating of “Moderate Buy” and an average price target of $30.31.

Intuitive Machines News Roundup

Here are the key news stories impacting Intuitive Machines this week:

• Positive Sentiment: Intuitive Machines reported a record $1.8 billion backlog, including approximately $920 million in second-quarter awards. The backlog spans lunar, satellite, defense and commercial space programs, supporting expectations for future revenue and a shift toward recurring space-infrastructure revenue. LUNR Q2 Earnings Call Highlights Record Backlog and Expansion
• Positive Sentiment: Stifel upgraded LUNR to Buy from Hold, arguing that the backlog and long-term growth opportunity are more important than the quarterly miss. B. Riley maintained a Buy rating, while Cantor Fitzgerald retained an Overweight rating. Intuitive Machines stock jumps 8% as Wall Street backs $1.8B backlog
• Positive Sentiment: Call-option activity was elevated, with traders purchasing 41,940 calls—about 19% above average daily volume—suggesting increased speculative bullish interest in the stock.
• Neutral Sentiment: Analysts lowered their price targets despite maintaining constructive ratings: Stifel cut its target to $26 from $32, Cantor to $32 from $43 and B. Riley to $43 from $45. The revisions reflect near-term execution concerns but still imply substantial potential upside.
• Negative Sentiment: Second-quarter results missed expectations. Revenue rose fourfold year over year to approximately $206.2 million, but fell short of estimates near $216 million, while EPS of negative $0.29 missed the consensus loss estimate of negative $0.09. A $14.7 million charge contributed to the shortfall. Intuitive Machines Reports Second Quarter 2026 Financial Results
• Negative Sentiment: Director Kamal Seyed Ghaffarian sold 267,448 shares worth approximately $4.3 million under a pre-arranged Rule 10b5-1 plan. Although the sale was scheduled, insider selling can weigh on sentiment.

About Intuitive Machines

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.