In a filing, Intuitive Machines Inc revealed its Officer Timothy Price Crain, II acquired Company’s shares for reported $5.8 million on Jan 03 ’25. In the deal valued at $19.32 per share,300,000 shares were bought.
Then, Ghaffarian Kamal Seyed sold 377,973 shares, generating $6,935,756 in total proceeds. Upon selling the shares at $18.35, the Director now owns 3,494,768 shares.
Before that, Vontur Steven sold 946 shares. Intuitive Machines Inc shares valued at $17,028 were divested by the insider at a price of $18.00 per share. As a result of the transaction, Vontur Steven now holds 114,390 shares, worth roughly $2.5 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 13.30% to $21.89. Over the last five days, the stock has gained 14.76%. Intuitive Machines Inc shares have risen nearly 20.54% since the year began. Nevertheless, the stocks have risen 877.23% over the past one year. While a 52-week high of $21.00 was reached on 01/03/25, a 52-week low of $2.09 was recorded on 01/02/25. SMA at 50 days reached $12.53, while 200 days put it at $7.13.
Levels Of Support And Resistance For LUNR Stock
The 24-hour chart illustrates a support level at 19.99, which if violated will result in even more drops to 18.10. On the upside, there is a resistance level at 22.95. A further resistance level may holdings at 24.02. The Relative Strength Index (RSI) on the 14-day chart is 75.07, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.72, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.10%. Stochastics %K at 87.86% indicates the stock is a selling.
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.
