Rocket Lab Corporation $RKLB Shares Bought by ARK Investment Management LLC

ARK Investment Management LLC lifted its stake in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 0.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,486,795 shares of the rocket manufacturer’s stock after buying an additional 16,329 shares during the quarter. ARK Investment Management LLC’s holdings in Rocket Lab were worth $119,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Baillie Gifford & Co. raised its position in Rocket Lab by 176.1% during the 3rd quarter. Baillie Gifford & Co. now owns 12,125,910 shares of the rocket manufacturer’s stock worth $580,952,000 after buying an additional 7,734,788 shares during the last quarter. Norges Bank acquired a new stake in Rocket Lab in the second quarter valued at about $164,751,000. Invesco Ltd. boosted its holdings in Rocket Lab by 67.0% in the 2nd quarter. Invesco Ltd. now owns 6,242,304 shares of the rocket manufacturer’s stock valued at $223,287,000 after purchasing an additional 2,504,054 shares in the last quarter. Vanguard Group Inc. increased its position in Rocket Lab by 5.4% during the 3rd quarter. Vanguard Group Inc. now owns 41,809,723 shares of the rocket manufacturer’s stock worth $2,003,104,000 after purchasing an additional 2,127,565 shares during the period. Finally, Marex Group plc purchased a new position in shares of Rocket Lab during the 2nd quarter worth approximately $74,359,000. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

RKLB has been the topic of a number of recent analyst reports. Needham & Company LLC dropped their price objective on Rocket Lab from $110.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Zacks Research lowered shares of Rocket Lab from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. TD Cowen reaffirmed a “buy” rating on shares of Rocket Lab in a research note on Thursday, January 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a research note on Thursday, January 22nd. Finally, Stifel Nicolaus upped 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. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Rocket Lab currently has a consensus rating of “Moderate Buy” and an average price target of $75.92.

Rocket Lab Stock Up 2.5%

RKLB opened at $71.91 on Thursday. Rocket Lab Corporation has a 12 month low of $14.71 and a 12 month high of $99.58. The business has a 50-day moving average of $77.74 and a two-hundred day moving average of $61.70. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.08 and a quick ratio of 2.83. The stock has a market capitalization of $38.41 billion, a price-to-earnings ratio of -194.35 and a beta of 2.20.

Key Rocket Lab News

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

• Positive Sentiment: Cantor Fitzgerald raised its price target to $85 (from $72) and kept an Overweight rating after Rocket Lab reported record 2025 revenue and a strong launch cadence; the analyst view reinforces buy-side confidence. Cantor lifts Rocket Lab’s (RKLB) Target
• Positive Sentiment: Rocket Lab completed a DIU hypersonic test (HASTE vehicle) and is advancing space-power tech (silicon solar arrays), expanding addressable defense and infrastructure markets beyond launch services. This diversifies revenue and strengthens government/defense relationships. Rocket Lab Lifts Scramjet-Powered Air Vehicle
• Positive Sentiment: Coverage and commentary note a $1.85B backlog with meaningful SDA (government) work and management expects ~37% conversion in 12 months — providing revenue visibility that underpins valuation and institutional buying. Rocket Lab: Neutron Slips Again…
• Neutral Sentiment: Insider selling by executives has been large and public, but institutional accumulation appears to be absorbing supply — a mixed signal that may create headline volatility while big funds keep adding exposure. Meta and Rocket Lab Insiders Sell Shares—So Why Is Wall Street Buying?
• Negative Sentiment: Management delayed Neutron’s first launch to Q4 2026 after a tank rupture during testing; Seeking Alpha warns margins could be pressured by SDA contract mix and Neutron production ramp, which could weigh near-term profitability and sentiment. Rocket Lab: Neutron Slips Again…

Insider Activity at Rocket Lab

In other news, CEO Peter Beck sold 18,857 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $69.59, for a total value of $1,312,258.63. Following the completion of the sale, the chief executive officer owned 884,085 shares in the company, valued at approximately $61,523,475.15. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank Klein sold 36,768 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $71.95, for a total transaction of $2,645,457.60. Following the completion of the sale, the insider directly owned 1,088,237 shares of the company’s stock, valued at $78,298,652.15. This trade represents a 3.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,344,302 shares of company stock valued at $279,695,404 over the last three months. Insiders own 11.90% of the company’s stock.

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.