On September 10, 2024, Steven Vontur, Interim Chief Financial Officer & Corporate Controller of Intuitive Machines Inc (NASDAQ:LUNR), sold 10,274 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 117,500 shares of Intuitive Machines Inc.
Intuitive Machines Inc, headquartered in Houston, Texas, is a leading provider of space services and technologies. The company specializes in lunar landing and orbital mechanics, offering innovative solutions for navigating and operating in space.
Over the past year, the insider has sold a total of 19,476 shares and has not purchased any shares. This recent transaction is part of a broader trend observed at Intuitive Machines Inc, where there have been no insider buys but 15 insider sells over the past year.
On the day of the sale, shares of Intuitive Machines Inc were trading at $5.58 each. This pricing sets the company’s market cap at approximately $358.663 million. For more detailed valuation metrics such as GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, interested parties can explore further details through the provided links.
This insider sale may be of interest to current and potential investors tracking ownership changes and evaluating the financial health and trajectory of Intuitive Machines Inc.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.