Uncovering Institutional Buying In Intuitive Machines Inc (NASDAQ: LUNR)

Currently, there are 90.38M common shares owned by the public and among those 80.58M shares have been available to trade.

The company’s stock has a 5-day price change of -13.51% and 35.11% over the past three months. LUNR shares are trading -6.55% year to date (YTD), with the 12-month market performance up to 82.08% higher. It has a 12-month low price of $3.15 and touched a high of $24.95 over the same period. LUNR has an average intraday trading volume of 15.23 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -14.84%, -7.57%, and 78.67% respectively.

Institutional ownership of Intuitive Machines Inc (NASDAQ: LUNR) shares accounts for 43.68% of the company’s 90.38M shares outstanding.

It has a market capitalization of $2.54B and a beta (3y monthly) value of 0.95. The earnings-per-share (ttm) stands at -$3.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.47% over the week and 10.26% over the month.

Earnings per share for the fiscal year are expected to decrease by -191.73%, and 94.46% over the next financial year.

Looking at the support for the LUNR, a number of firms have released research notes about the stock. BofA Securities stated their Underperform rating for the stock in a research note on February 05, 2025, with the firm’s price target at $16. B. Riley Securities coverage for the Intuitive Machines Inc (LUNR) stock in a research note released on June 28, 2024 offered a Buy rating with a price target of $8. Cantor Fitzgerald was of a view on May 19, 2023 that the stock is Overweight, while ROTH MKM gave the stock Buy rating on March 10, 2023, issuing a price target of $20. Canaccord Genuity on their part issued Buy rating on February 27, 2023.

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