Intuitive Machines CEO Stephen Altemus Sells 12,669 Shares for ~$253,400
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: NASDAQ.COM
- Executive Sell-off: On January 8, 2026, Intuitive Machines CEO Stephen Altemus sold 12,669 shares for approximately $253,400, representing only 0.09% of his direct holdings, indicating his remaining stake remains substantial.
- Transaction Context: This sale was executed under a Rule 10b5-1 trading plan adopted in December 2024, aimed at avoiding insider trading allegations, suggesting that the sale was not due to poor company performance.
- Market Performance: At the time of the sale, Intuitive Machines' stock was on an upswing, hitting a 52-week high of $24.95 on January 24, driven by new customer contracts and the acquisition of Lanteris Space Systems, enhancing its market position.
- Financial Metrics: Despite the stock price increase, the company's price-to-sales ratio rose to nearly 11, higher than it has been over the past year, indicating that now may be a time to sell rather than buy, reflecting cautious market sentiment regarding future growth.
Analyst Views on LUNR
Wall Street analysts forecast LUNR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LUNR is 15.50 USD with a low forecast of 9.50 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
0 Hold
1 Sell
Moderate Buy
Current: 19.500
Low
9.50
Averages
15.50
High
18.00
Current: 19.500
Low
9.50
Averages
15.50
High
18.00
About LUNR
Intuitive Machines, Inc. is a space technology, infrastructure, and services company. It is a provider and supplier of space products and services that enable sustained robotic and human exploration to the Moon, Mars, and beyond. Its services include delivery services, data transmission services, and infrastructure as a service. Its delivery services provide transportation and delivery of payloads, such as satellites, scientific instruments and cargo to various destinations in space, in addition to rideshare delivery and lunar surface access. Its data transmission services offerings include the collection, processing, and interpretation of space-based data, utilizing applications, such as command, control, communications, reconnaissance and prospecting. Its infrastructure as a service delivers space assets, performing tasks and making decisions without human intervention that are designed to perform essential functions, such as navigation, scientific data collection, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
