E. Ohman J or Asset Management AB Takes Position in Rocket Lab Corporation $RKLB

E. Ohman J or Asset Management AB purchased a new position in Rocket Lab Corporation (NASDAQ:RKLB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,400 shares of the rocket manufacturer’s stock, valued at approximately $834,000.

Several other institutional investors and hedge funds have also bought and sold shares of RKLB. Russell Investments Group Ltd. grew its holdings in shares of Rocket Lab by 4,904.6% during the 1st quarter. Russell Investments Group Ltd. now owns 19,668 shares of the rocket manufacturer’s stock worth $352,000 after acquiring an additional 19,275 shares during the period. Raymond James Financial Inc. grew its stake in Rocket Lab by 166.5% in the first quarter. Raymond James Financial Inc. now owns 601,497 shares of the rocket manufacturer’s stock worth $10,755,000 after purchasing an additional 375,831 shares during the period. Magnetar Financial LLC bought a new position in Rocket Lab in the first quarter worth $1,211,000. Vident Advisory LLC raised its holdings in Rocket Lab by 190.2% in the first quarter. Vident Advisory LLC now owns 589,410 shares of the rocket manufacturer’s stock worth $10,539,000 after purchasing an additional 386,285 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in Rocket Lab by 16.0% during the first quarter. Baird Financial Group Inc. now owns 217,765 shares of the rocket manufacturer’s stock valued at $3,894,000 after buying an additional 30,036 shares during the period. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on RKLB shares. Bank of America upped their target price on shares of Rocket Lab from $50.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Needham & Company LLC boosted their price objective on shares of Rocket Lab from $63.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday. Robert W. Baird initiated coverage on shares of Rocket Lab in a report on Wednesday, October 15th. They issued an “outperform” rating and a $83.00 price objective on the stock. Morgan Stanley lowered their target price on shares of Rocket Lab from $68.00 to $67.00 and set an “equal weight” rating for the company in a report on Wednesday, November 12th. Finally, Stifel Nicolaus boosted their price target on Rocket Lab from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, December 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $61.25.

Rocket Lab News Summary

Here are the key news stories impacting Rocket Lab this week:

• Positive Sentiment: Report that Rocket Lab jumped on a possible roughly $1B U.S. Space Development Agency (SDA) deal — this is the primary bullish fundamental catalyst cited for the recent surge; the contract would materially boost backlog if confirmed. Rocket Lab (RKLB) jumps 17.7% on possible billion-$ US SDA deal
• Positive Sentiment: Technical breakout: IBD says Rocket Lab cleared a buy point and satisfied the eight‑week hold rule after the contract news — a bullish technical signal that drew momentum buyers. Rocket Lab Takes Off On Contract Win, Triggers This Rare Bullish Signal
• Neutral Sentiment: An analyst is reworking price targets after RKLB hit record highs — could mean upgrades or refreshed guidance sensitivity, but impact depends on final published target and rationale. Rocket Lab analyst rethinks stock target after hitting record high
• Neutral Sentiment: Reported short‑interest data are anomalous (showing zero in the snapshot), so they don’t provide clear insight into crowd positioning; treat that metric cautiously until clarified by regular reporting sources.
• Negative Sentiment: Sectorwide pullback: Benzinga notes RKLB is cooling off as space-related stocks retrace year‑end gains — this broad weakness is a likely reason for today’s decline even after the positive headlines. Rocket Lab Stock Cools Off As Sector Pulls Back From Year‑End Rally
• Negative Sentiment: Insider selling: Director Nina Armagno sold ~27,314 shares in mid‑December — a sizable sale that may add to short‑term selling pressure or feed cautious sentiment among some investors. Nina Armagno Sells 27,314 Shares of Rocket Lab (NASDAQ:RKLB) Stock

Insider Activity

In related news, CFO Adam C. Spice sold 46,994 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $40.86, for a total transaction of $1,920,174.84. Following the sale, the chief financial officer directly owned 1,995,373 shares of the company’s stock, valued at $81,530,940.78. This trade represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Nina Armagno sold 27,314 shares of Rocket Lab stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $68.21, for a total value of $1,863,087.94. Following the completion of the sale, the director owned 108,940 shares of the company’s stock, valued at $7,430,797.40. The trade was a 20.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,729,485 shares of company stock valued at $151,832,870. Corporate insiders own 11.90% of the company’s stock.

Rocket Lab Stock Down 8.5%

Shares of Rocket Lab stock opened at $70.65 on Friday. The company has a 50-day simple moving average of $55.35 and a two-hundred day simple moving average of $48.86. The stock has a market capitalization of $37.74 billion, a PE ratio of -185.92 and a beta of 2.20. Rocket Lab Corporation has a 52-week low of $14.71 and a 52-week high of $79.83. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.83 and a current ratio of 3.18.

Rocket Lab (NASDAQ:RKLB) last announced its quarterly earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.02. The company had revenue of $155.08 million during the quarter, compared to the consensus estimate of $152.45 million. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The firm’s quarterly revenue was up 48.0% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.10) earnings per share. On average, analysts anticipate that Rocket Lab Corporation will post -0.38 EPS for the current fiscal year.

Rocket Lab Profile

Rocket Lab is an aerospace company that provides launch services, spacecraft, and space systems for commercial and government customers. The company’s primary launch vehicle is Electron, a small-lift orbital rocket designed to deploy small satellites and rideshare payloads to low Earth orbit. Rocket Lab also develops and manufactures the Rutherford engine, noted for its electric-pump-fed design and additive-manufactured components, which powers Electron and supports the company’s propulsion capabilities.