Intuitive Machines CEO Stephen Altemus Sells 12,669 Shares for Approximately $253,400
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Fool
- Transaction Overview: On January 8, 2026, Intuitive Machines CEO Stephen J. Altemus exercised options and immediately sold 12,669 shares for approximately $253,400, reflecting a strategy focused on liquidity management.
- Ownership Proportion Analysis: The 12,669 shares sold represented only 0.09% of Altemus's direct holdings, leaving him with over 13.8 million shares, indicating that the transaction had a negligible impact on his overall ownership.
- Trading Plan Background: This transaction was executed under Altemus's Rule 10b5-1 trading plan established in December 2024, aimed at avoiding legal issues related to insider trading, suggesting that the sale may have been for personal reasons rather than a negative outlook on the company.
- Market Reaction and Outlook: At the time of the sale, Intuitive Machines' stock was on an upswing, hitting a 52-week high of $24.95 on January 24, reflecting new customer contracts and the acquisition of Lanteris Space Systems, although the price-to-sales ratio nearing 11 suggests it may be a good time to sell rather than buy.
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.
