On September 18, 2024, Crain Timothy Price II, Senior Vice President and Chief Growth Officer, as well as a 10% owner of Intuitive Machines Inc (LUNR, Financial), sold 300,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 362,810 shares of the company.
Intuitive Machines Inc (LUNR, Financial) specializes in providing lunar exploration services, including lunar landing and data services. The company aims to facilitate cost-effective access to the lunar surface for commercial and government missions.
Over the past year, the insider has sold a total of 1,300,000 shares and has not made any purchases. This recent sale is part of a broader trend at Intuitive Machines Inc, where there have been 20 insider sells and no insider buys over the past year.
On the date of the sale, shares of Intuitive Machines Inc were trading at $8.23 each. This pricing sets the company's market cap at approximately $575.755 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 are encouraged to visit the respective links.
This insider sale may be of interest to current and potential investors tracking ownership changes and evaluating the stock's current valuation metrics.
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