Hennion & Walsh Asset Management Inc. Sells 28,766 Shares of Intuitive Machines, Inc. $LUNR

Hennion & Walsh Asset Management Inc. trimmed its holdings in shares of Intuitive Machines, Inc. (NASDAQ:LUNR) by 36.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,950 shares of the company’s stock after selling 28,766 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Intuitive Machines were worth $1,068,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Calamos Advisors LLC bought a new stake in Intuitive Machines during the first quarter worth $2,984,000. Jefferies Financial Group Inc. bought a new position in Intuitive Machines during the 4th quarter worth $717,000. Fifth Third Bancorp bought a new stake in shares of Intuitive Machines in the first quarter valued at about $4,314,000. Trustees of the University of Pennsylvania acquired a new position in shares of Intuitive Machines in the fourth quarter valued at about $52,689,000. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Intuitive Machines by 202.1% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 461,564 shares of the company’s stock valued at $8,567,000 after acquiring an additional 308,755 shares in the last quarter. Institutional investors own 72.21% of the company’s stock.

Intuitive Machines Stock Up 3.6%

LUNR stock opened at $17.56 on Friday. Intuitive Machines, Inc. has a 52 week low of $7.78 and a 52 week high of $46.75. The business has a 50-day simple moving average of $18.38 and a 200 day simple moving average of $21.92. The company has a market cap of $3.81 billion, a PE ratio of -19.95 and a beta of 1.83.

Intuitive Machines (NASDAQ:LUNR) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.20). The business had revenue of $206.17 million for the quarter, compared to analysts’ expectations of $216.33 million. On average, analysts anticipate that Intuitive Machines, Inc. will post -0.35 EPS for the current fiscal year.

Insider Activity

In related news, Director Kamal Seyed Ghaffarian sold 267,448 shares of Intuitive Machines stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $16.17, for a total value of $4,324,634.16. Following the transaction, the director directly owned 3,494,768 shares of the company’s stock, valued at $56,510,398.56. This trade represents a 7.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Timothy Price Crain II sold 150,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $21.87, for a total transaction of $3,280,500.00. Following the transaction, the senior vice president owned 351,279 shares of the company’s stock, valued at approximately $7,682,471.73. This represents a 29.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 12,546,222 shares of company stock worth $173,386,975. Insiders own 54.10% of the company’s stock.

Wall Street Analyst Weigh In

LUNR has been the subject of several analyst reports. Wall Street Zen upgraded shares of Intuitive Machines from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 24th. Cantor Fitzgerald increased their target price on shares of Intuitive Machines from $26.00 to $43.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 19th. Stifel Nicolaus set a $26.00 target price on shares of Intuitive Machines in a report on Friday. KeyCorp lifted their price target on shares of Intuitive Machines from $26.00 to $27.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $34.00 price target on shares of Intuitive Machines in a research note on Wednesday, May 20th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Intuitive Machines has an average rating of “Hold” and an average target price of $31.94.

Trending Headlines about Intuitive Machines

Here are the key news stories impacting Intuitive Machines this week:

• Positive Sentiment: Second-quarter revenue increased roughly fourfold year over year to a record $206.2 million, reflecting stronger activity across the company’s space and defense businesses. Intuitive Machines Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Quarter-end backlog expanded to a record $1.8 billion, supported by approximately $920 million of second-quarter awards. National-security revenue reached 30% of total revenue, while a commercial geostationary-orbit satellite contract worth more than $600 million added further visibility. Intuitive Machines Stock: $1.8B Backlog Surges
• Neutral Sentiment: Management maintained its 2026 revenue outlook, signaling continued confidence in contract execution, although investors remain focused on the company’s ability to convert its backlog into profitable revenue. Intuitive Machines Q2 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted earnings came in at a loss of $0.16 per share, wider than analyst expectations for a loss of approximately $0.07–$0.09. A $14.7 million charge contributed to the shortfall and intensified concerns about near-term profitability. Intuitive Machines Reports Q2 Loss
• Negative Sentiment: Revenue also fell short of Wall Street forecasts, which ranged from roughly $216 million to $224 million. The miss overshadowed the headline growth and record backlog. Why LUNR Stock Is Declining
• Negative Sentiment: Director Kamal Seyed Ghaffarian sold 267,448 shares for approximately $4.3 million under a pre-arranged Rule 10b5-1 plan. While scheduled, the sale may add to investor caution following the earnings release. Intuitive Machines Director Share Sale

Intuitive Machines Company Profile

Intuitive Machines is a Houston, Texas–based aerospace company specializing in commercial lunar exploration and services. The firm develops end-to-end solutions for robotic missions to the Moon, providing spacecraft design, mission management, navigation, communications, and data services under NASA’s Commercial Lunar Payload Services (CLPS) program.

Founded in 2013 by aerospace engineers Steve Altemus, Tim Crain and Kris Kimel, Intuitive Machines has grown from a small startup into one of the leading private entities pursuing lunar surface deliveries.