Kamal Seyed Ghaffarian, a Director and 10% Owner of Intuitive Machines (Ticker: LUNR), executed three significant transactions on November 18, 2024. He acquired 1,637,883 shares of Class A Common Stock through a conversion and concurrently disposed of an equal number of Class C shares held in private equity. This indicates the stance of the management on the company’s stock valuation, and investors should be cautious about such stock sale activities by insiders.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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