Insider Selling: Rocket Lab (NASDAQ:RKLB) Insider Sells $7,295,000.00 in Stock

Rocket Lab Corporation (NASDAQ:RKLB) insider Frank Klein sold 100,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $72.95, for a total transaction of $7,295,000.00. Following the sale, the insider directly owned 1,169,487 shares of the company’s stock, valued at $85,314,076.65. The trade was a 7.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Frank Klein also recently made the following trade(s):

• On Wednesday, November 26th, Frank Klein sold 4,736 shares of Rocket Lab stock. The stock was sold at an average price of $42.08, for a total transaction of $199,290.88.
• On Monday, November 24th, Frank Klein sold 41,782 shares of Rocket Lab stock. The shares were sold at an average price of $40.65, for a total value of $1,698,438.30.

Rocket Lab Stock Down 1.2%

Rocket Lab stock opened at $83.08 on Friday. Rocket Lab Corporation has a 1-year low of $14.71 and a 1-year high of $89.87. The business has a fifty day moving average price of $57.54 and a 200-day moving average price of $51.78. 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 capitalization of $44.38 billion, a price-to-earnings ratio of -218.63 and a beta of 2.16.

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

Institutional Trading of Rocket Lab

A number of hedge funds have recently modified their holdings of the stock. Capital Investment Advisory Services LLC raised its position in Rocket Lab by 2.1% during the third quarter. Capital Investment Advisory Services LLC now owns 10,432 shares of the rocket manufacturer’s stock valued at $500,000 after acquiring an additional 212 shares in the last quarter. Keel Point LLC increased its holdings in shares of Rocket Lab by 0.4% during the 3rd quarter. Keel Point LLC now owns 51,428 shares of the rocket manufacturer’s stock valued at $2,464,000 after purchasing an additional 226 shares in the last quarter. Truist Financial Corp increased its holdings in shares of Rocket Lab by 1.9% during the 2nd quarter. Truist Financial Corp now owns 12,352 shares of the rocket manufacturer’s stock valued at $442,000 after purchasing an additional 234 shares in the last quarter. ORG Partners LLC lifted its stake in shares of Rocket Lab by 22.1% in the 3rd quarter. ORG Partners LLC now owns 1,337 shares of the rocket manufacturer’s stock valued at $64,000 after purchasing an additional 242 shares during the period. Finally, Parvin Asset Management LLC lifted its stake in shares of Rocket Lab by 7.2% in the 2nd quarter. Parvin Asset Management LLC now owns 3,725 shares of the rocket manufacturer’s stock valued at $133,000 after purchasing an additional 250 shares during the period. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on RKLB. Stifel Nicolaus boosted their target price on shares of Rocket Lab from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, December 22nd. Morgan Stanley dropped their price objective on shares of Rocket Lab from $68.00 to $67.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 12th. Citigroup reissued a “market perform” rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Bank of America lifted their price target on Rocket Lab from $50.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Finally, KeyCorp boosted their price target on Rocket Lab from $50.00 to $75.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $61.25.

More Rocket Lab News

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

• Positive Sentiment: Big government contract: Rocket Lab won an $816 million prime award to build 18 missile-defense satellites for a Space Force program — a material, credibility-boosting government win that helped spark the recent rally. Read More.
• Positive Sentiment: Record highs and sector tailwinds: RKLB hit consecutive all-time highs as investor interest in space/defense names and retail momentum accelerated, supporting market capitalization expansion and technical breakouts. Read More.
• Positive Sentiment: Revenue and execution narrative: Recent quarters showed strong top-line growth and analysts are focusing on contract pipeline and launch cadence as proof points for the growth story. Read More.
• Neutral Sentiment: Debate on timing: Several pieces weigh whether the current run makes RKLB “too late” for new buyers — useful framing for entry strategy but not a direct catalyst. Read More.
• Neutral Sentiment: Analyst/feature coverage: Coverage from Forbes, Seeking Alpha and Zacks highlights momentum and upcoming catalysts (Neutron, launches, contract flow) — these shape expectations but contain mixed valuation views. Read More.
• Negative Sentiment: Insider selling: Multiple insider sales were disclosed (including Frank Klein selling ~100k shares and other high-profile transactions noted in filings), which has increased selling pressure and raised investor scrutiny. Read More.
• Negative Sentiment: Valuation risk: Commentators warn the post-rally valuation is stretched — if Neutron timelines slip or execution disappoints, the stock could give back gains. Read More.

Rocket Lab Company 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.