Rocket Lab (NASDAQ:RKLB) CFO Sells $103,107,707.50 in Stock

Rocket Lab Corporation (NASDAQ:RKLB) CFO Adam Spice sold 1,365,665 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $75.50, for a total value of $103,107,707.50. Following the transaction, the chief financial officer owned 1,359,568 shares in the company, valued at $102,647,384. The trade was a 50.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Rocket Lab Stock Down 1.2%

Shares of Rocket Lab stock opened at $83.08 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 $44.38 billion, a price-to-earnings ratio of -218.63 and a beta of 2.16. The firm’s 50-day moving average is $57.54 and its two-hundred day moving average is $51.78. Rocket Lab Corporation has a 1 year low of $14.71 and a 1 year high of $89.87.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in RKLB. Wilmington Savings Fund Society FSB purchased a new stake in shares of Rocket Lab during the third quarter valued at $25,000. Hara Capital LLC acquired a new stake in Rocket Lab during the 3rd quarter worth about $25,000. Aventura Private Wealth LLC purchased a new stake in Rocket Lab during the 4th quarter valued at about $25,000. UMB Bank n.a. increased its holdings in shares of Rocket Lab by 352.5% in the third quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer’s stock valued at $26,000 after purchasing an additional 423 shares during the period. Finally, Sound Income Strategies LLC acquired a new position in shares of Rocket Lab in the third quarter valued at about $27,000. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on RKLB. Wall Street Zen upgraded Rocket Lab from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Citigroup reiterated a “market perform” rating on shares of Rocket Lab in a report on Wednesday, November 12th. Needham & Company LLC raised their price target on shares of Rocket Lab from $63.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, December 23rd. Morgan Stanley reduced their price objective on shares of Rocket Lab from $68.00 to $67.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 12th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Rocket Lab in a research report on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price 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.