KD Logo

Investing in Intuitive Machines Inc (LUNR) Is Getting More Attractive

CHWY Stock

Intuitive Machines Inc’s filing revealed that its Chief Executive Officer Altemus Stephen J unloaded Company’s shares for reported $1.54 million on Nov 13 ’24. In the deal valued at $11.10 per share,138,568 shares were sold. As a result of this transaction, Altemus Stephen J now holds 910,919 shares worth roughly $11.31 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Crain Timothy Price II sold 400,000 shares, generating $4,841,560 in total proceeds. Upon selling the shares at $12.10, the SVP and Chief Growth Officer now owns 362,810 shares.

Before that, Altemus Stephen J sold 61,432 shares. Intuitive Machines Inc shares valued at $675,936 were divested by the Chief Executive Officer at a price of $11.00 per share. As a result of the transaction, Altemus Stephen J now holds 910,919 shares, worth roughly $11.31 million.

B. Riley Securities initiated its Intuitive Machines Inc [LUNR] rating to a Buy in a research note published on June 28, 2024; the price target was $8. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid May with a ‘”an Overweight”‘ rating. ROTH MKM began covering LUNR with “Buy” recommendation on March 10, 2023. Canaccord Genuity started covering the stock on February 27, 2023. It rated LUNR as “a Buy”.

Price Performance Review of LUNR

On Friday, Intuitive Machines Inc [NASDAQ:LUNR] saw its stock jump 21.41% to $12.42. Over the last five days, the stock has gained 27.65%. Intuitive Machines Inc shares have risen nearly 386.11% since the year began. Nevertheless, the stocks have risen 308.55% over the past one year. While a 52-week high of $14.90 was reached on 11/14/24, a 52-week low of $2.09 was recorded on 01/04/24. SMA at 50 days reached $8.02, while 200 days put it at $5.74.

Levels Of Support And Resistance For LUNR Stock

The 24-hour chart illustrates a support level at 10.78, which if violated will result in even more drops to 9.13. On the upside, there is a resistance level at 13.35. A further resistance level may holdings at 14.27. The Relative Strength Index (RSI) on the 14-day chart is 68.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 33.11%. Stochastics %K at 60.83% indicates the stock is a holding.

How much short interest is there in Intuitive Machines Inc?

A steep rise in short interest was recorded in Intuitive Machines Inc stocks on 2024-10-31, growing by 2.15 million shares to a total of 17.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 15.24 million shares. There was a rise of 12.34%, which implies that there is a positive sentiment for the stock.

Most Popular