Intuitive Machines Inc’s filing revealed that its SVP and Chief Growth Officer Crain Timothy Price II unloaded Company’s shares for reported $5.21 million on Jan 06 ’25. In the deal valued at $22.03 per share,236,327 shares were sold. As a result of this transaction, Crain Timothy Price II now holds 362,810 shares worth roughly $6.14 million.
Then, Crain Timothy Price II sold 63,673 shares, generating $1,401,844 in total proceeds. Upon selling the shares at $22.02, the SVP and Chief Growth Officer now owns 362,810 shares.
Before that, Timothy Price Crain, II bought 300,000 shares. Intuitive Machines Inc shares valued at $5,796,000 were divested by the Officer at a price of $19.32 per share.
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 Monday, Intuitive Machines Inc [NASDAQ:LUNR] saw its stock fall -5.37% to $16.91. Over the last five days, the stock has lost -22.75%. Intuitive Machines Inc shares have fallen nearly -6.88% since the year began. Nevertheless, the stocks have risen 497.53% over the past one year. While a 52-week high of $22.32 was reached on 01/06/25, a 52-week low of $2.30 was recorded on 01/13/25. SMA at 50 days reached $13.63, while 200 days put it at $7.45.
Levels Of Support And Resistance For LUNR Stock
The 24-hour chart illustrates a support level at 16.09, which if violated will result in even more drops to 15.27. On the upside, there is a resistance level at 17.50. A further resistance level may holdings at 18.09. The Relative Strength Index (RSI) on the 14-day chart is 52.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.57%. Stochastics %K at 56.63% 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.
