Huntleigh Advisors Inc. Reduces Stake in Rocket Lab Corporation $RKLB

Huntleigh Advisors Inc. reduced its stake in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 19.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,731 shares of the rocket manufacturer’s stock after selling 10,016 shares during the period. Huntleigh Advisors Inc.’s holdings in Rocket Lab were worth $1,999,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Truist Financial Corp grew its holdings in Rocket Lab by 1.9% during the second 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 during the period. ORG Partners LLC lifted its position in shares of Rocket Lab by 22.1% during the 3rd quarter. ORG Partners LLC now owns 1,337 shares of the rocket manufacturer’s stock valued at $64,000 after buying an additional 242 shares during the last quarter. Parvin Asset Management LLC grew its stake in shares of Rocket Lab by 7.2% during the 2nd quarter. Parvin Asset Management LLC now owns 3,725 shares of the rocket manufacturer’s stock worth $133,000 after acquiring an additional 250 shares during the period. GAMMA Investing LLC grew its stake in shares of Rocket Lab by 36.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,518 shares of the rocket manufacturer’s stock worth $54,000 after acquiring an additional 405 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in Rocket Lab by 109.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock worth $28,000 after acquiring an additional 416 shares during the last quarter. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Insiders Place Their Bets

In related news, insider Frank Klein sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $72.95, for a total value of $7,295,000.00. Following the transaction, the insider directly owned 1,169,487 shares in the company, valued at approximately $85,314,076.65. This represents a 7.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Adam C. Spice sold 1,365,665 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $75.50, for a total transaction of $103,107,707.50. Following the completion of the sale, the chief financial officer directly owned 1,359,568 shares in the company, valued at $102,647,384. This represents a 50.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 4,306,150 shares of company stock worth $271,865,732. 11.90% of the stock is owned by corporate insiders.

Rocket Lab Price Performance

Shares of NASDAQ:RKLB opened at $89.16 on Wednesday. The company has a 50 day moving average of $63.18 and a 200 day moving average of $55.16. The company has a current ratio of 3.18, a quick ratio of 2.83 and a debt-to-equity ratio of 0.32. The stock has a market cap of $47.63 billion, a P/E ratio of -234.63 and a beta of 2.16. Rocket Lab Corporation has a 12 month low of $14.71 and a 12 month high of $99.58.

Rocket Lab (NASDAQ:RKLB) last posted its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. The business 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% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.10) EPS. As a group, sell-side analysts forecast that Rocket Lab Corporation will post -0.38 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. The Goldman Sachs Group upped their price objective on shares of Rocket Lab from $47.00 to $69.00 and gave the company a “neutral” rating in a report on Tuesday. KeyCorp lowered shares of Rocket Lab from an “overweight” rating to a “sector weight” rating in a research report on Thursday, January 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Rocket Lab from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Finally, Bank of America boosted their target price on shares of Rocket Lab from $60.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Rocket Lab currently has a consensus rating of “Moderate Buy” and an average target price of $72.92.

Rocket Lab News Roundup

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

• Positive Sentiment: Morgan Stanley upgraded RKLB to Overweight and raised its price target to a Street‑high $105, citing sector tailwinds, expected Neutron first flight and higher Electron cadence as catalysts that could materially re‑rate the stock. Rocket Lab Gets a Big Upgrade: Will Upside Follow?
• Positive Sentiment: Bank of America raised its price target from $60 to $120 and set a Buy rating, giving formal support to the upside thesis and signaling more upside than many other street targets. Benzinga coverage of BoA price target raise
• Positive Sentiment: Forbes explains the recent surge (roughly +45% over three months) as being driven by ~10% revenue growth and a sharp valuation lift; this underscores that both fundamentals and multiple expansion are behind the move. Why Rocket Lab Stock Jumped 50%?
• Neutral Sentiment: Coverage pieces (Yahoo/MarketBeat) have run valuation checks and note a tight “fair value” gap after the rally—useful context but not new catalyst news. Rocket Lab Valuation Check
• Neutral Sentiment: Analyst model updates (KeyCorp / AmericanBankingNews) provide fresh Q4 estimates—helpful for earnings modeling but not headline-moving on their own. KeyCorp Estimates Rocket Lab’s Q4 Earnings
• Negative Sentiment: MarketBeat and other coverage warn the stock is overbought with stretched momentum indicators and a wide dispersion between current price and consensus analyst targets (average target materially below recent levels), increasing pullback risk for short‑term traders. Rocket Lab Gets a Big Upgrade: Will Upside Follow?

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.