On August 20, 2024, Crain Timothy Price II, Senior Vice President and Chief Growth Officer and 10% owner of Intuitive Machines Inc (NASDAQ:LUNR), sold 401,945 shares of the company. Following this transaction, the insider now owns 362,810 shares of Intuitive Machines Inc. The sale was documented in a recent SEC filing.
Intuitive Machines Inc. operates in the aerospace sector and focuses on delivering autonomous systems for space, air and sea. The company’s expertise lies in developing technologies that provide cost-effective access to space and enable deep space missions.
Over the past year, the insider has sold a total of 801,945 shares and made no purchases. This latest transaction is part of a broader trend seen at Intuitive Machines Inc., where there were 11 insider sales and no insider purchases over the past year.
Intuitive Machines Inc. shares traded at $5.26 on the day of the transaction, giving the company a market capitalization of approximately $334.755 million.
This insider sale may be of interest to investors who track insider behavior as an indicator of a company’s future performance. Investors can find more detailed valuation metrics of Intuitive Machines Inc. such as GF Value, price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow ratio by following the relevant links.
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