On November 13, 2024, Crain Timothy Price II, Senior Vice President and Chief Growth Officer, as well as a 10% owner, executed a significant transaction by selling 400,000 shares of Intuitive Machines Inc (LUNR, Financial). The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 362,810 shares of the company.
Intuitive Machines Inc operates in the aerospace sector, focusing on providing autonomous systems for space, air, and sea. The company's innovative approach includes lunar landing and other space exploration technologies, positioning it as a key player in the expanding field of space exploration and development.
Over the past year, Crain Timothy Price II has sold a total of 1,700,000 shares and has not purchased any shares. This latest transaction continues a trend observed over the past year at Intuitive Machines Inc, where insider activity has been characterized by 29 sales and no buys.
Shares of Intuitive Machines Inc were trading at $12.1 on the day of the transaction, giving the company a market cap of approximately $781.516 million. This valuation reflects the company's position and potential within the aerospace industry.
The ongoing insider selling trend at Intuitive Machines Inc may be of interest to investors and market analysts, particularly in light of the company's current valuation metrics such as GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. These metrics provide a comprehensive view of the company's financial health and market position.
This insider sale provides a snapshot of the ongoing financial transactions at Intuitive Machines Inc, offering insights into the actions of key stakeholders within the company.
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.
