Harbor Capital Advisors Inc. Invests $862,000 in Rocket Lab Corporation $RKLB

Harbor Capital Advisors Inc. bought a new stake in Rocket Lab Corporation (NASDAQ:RKLB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,991 shares of the rocket manufacturer’s stock, valued at approximately $862,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sound Income Strategies LLC acquired a new stake in Rocket Lab during the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC grew its holdings in shares of Rocket Lab by 109.5% during the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock worth $28,000 after purchasing an additional 416 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Rocket Lab in the second quarter valued at $36,000. Kilter Group LLC bought a new position in shares of Rocket Lab in the second quarter valued at about $37,000. Finally, ORG Partners LLC lifted its position in Rocket Lab by 491.9% during the 2nd quarter. ORG Partners LLC now owns 1,095 shares of the rocket manufacturer’s stock worth $38,000 after buying an additional 910 shares in the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Key Rocket Lab News

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Robert W. Baird initiated coverage on shares of Rocket Lab in a research report on Wednesday, October 15th. They issued an “outperform” rating and a $83.00 price objective for the company. Bank of America increased their price target on shares of Rocket Lab from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Morgan Stanley lowered their price target 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. 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 report on Tuesday. Finally, Citigroup reaffirmed a “market perform” rating on shares of Rocket Lab in a report on Wednesday, November 12th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given 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 company presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.25.

Insider Transactions at Rocket Lab

In other news, SVP Arjun Kampani sold 28,615 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $40.65, for a total value of $1,163,199.75. Following the completion of the sale, the senior vice president directly owned 461,014 shares of the company’s stock, valued at $18,740,219.10. This represents a 5.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Peter Beck sold 1,560,254 shares of Rocket Lab stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $57.47, for a total transaction of $89,667,797.38. Following the transaction, the chief executive officer directly owned 939,746 shares in the company, valued at $54,007,202.62. The trade was a 62.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have 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 NASDAQ:RKLB opened at $70.65 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.18 and a quick ratio of 2.83. The stock has a market cap of $37.74 billion, a price-to-earnings ratio of -185.92 and a beta of 2.20. The company has a 50 day moving average of $55.35 and a 200-day moving average of $48.86. Rocket Lab Corporation has a one year low of $14.71 and a one year high of $79.83.

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

About Rocket Lab

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.