Rocket Lab Corporation $RKLB Shares Sold by Andra AP fonden

Andra AP fonden trimmed its holdings in Rocket Lab Corporation (NASDAQ:RKLB) by 71.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 15,739 shares of the rocket manufacturer’s stock after selling 38,936 shares during the period. Andra AP fonden’s holdings in Rocket Lab were worth $1,011,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Swedbank AB raised its stake in shares of Rocket Lab by 8.2% in the 4th quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock valued at $35,525,000 after acquiring an additional 38,770 shares in the last quarter. Vanguard Group Inc. raised its holdings in Rocket Lab by 13.4% in the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock worth $3,308,033,000 after acquiring an additional 5,610,469 shares during the period. Katamaran Capital LLP lifted its position in Rocket Lab by 86.2% during the 1st quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer’s stock worth $1,272,000 after acquiring an additional 9,172 shares during the last quarter. Westfield Capital Management Co. LP boosted its holdings in Rocket Lab by 6.3% during the fourth quarter. Westfield Capital Management Co. LP now owns 2,592,443 shares of the rocket manufacturer’s stock valued at $180,849,000 after acquiring an additional 154,623 shares during the period. Finally, Baillie Gifford & Co. increased its position in Rocket Lab by 47.2% in the 4th quarter. Baillie Gifford & Co. now owns 17,851,446 shares of the rocket manufacturer’s stock worth $1,245,317,000 after buying an additional 5,725,536 shares during the period. 71.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Rocket Lab news, SVP Arjun Kampani sold 88,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $107.98, for a total transaction of $9,502,240.00. Following the completion of the transaction, the senior vice president owned 264,705 shares of the company’s stock, valued at $28,582,845.90. This represents a 24.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Frank Klein sold 36,860 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $147.42, for a total transaction of $5,433,901.20. Following the transaction, the insider owned 1,006,987 shares of the company’s stock, valued at approximately $148,450,023.54. This represents a 3.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,849,294 shares of company stock worth $362,816,208 over the last quarter. Insiders own 8.40% of the company’s stock.

Rocket Lab News Summary

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

• Positive Sentiment: Rocket Lab won a $266 million firm-fixed-price U.S. Air Force / Space Force contract for 12 suborbital launches, with options for six more through 2028. Investors see this as validation of its HASTE/Electron launch capability and a meaningful boost to its defense backlog. Rocket Lab Wins $266 Million Suborbital Launch Contract
• Positive Sentiment: Several analysts and commentators said the contract strengthens Rocket Lab’s long-term investment case by expanding its defense business and providing a concrete revenue catalyst. A $266 Million Reason to Buy Rocket Lab Stock Here
• Positive Sentiment: Coverage comparing Rocket Lab with Intuitive Machines highlighted growing space-sector investment, broader launch/spacecraft opportunities, and Rocket Lab’s expanding mission capabilities, which supports the bullish long-term narrative. RKLB vs. LUNR: Which Emerging Space Stock Is the Better Pick Today?
• Neutral Sentiment: Rocket Lab also announced it will report second-quarter 2026 results on August 10, giving investors a near-term event to watch for updates on revenue, margins, and guidance. Rocket Lab Announces Date of Second Quarter 2026 Financial Results
• Neutral Sentiment: Some recent commentary focused on SpaceX and orbital debris risk, which reflects broader industry concerns but is not a direct company-specific catalyst for RKLB.
• Negative Sentiment: Despite the contract win, some articles note Rocket Lab has fallen sharply from recent highs, and valuation concerns remain after the stock’s large run-up earlier in the year. Rocket Lab Has Corrected Nearly 50%. Is It Still Too Expensive?

Rocket Lab Stock Performance

NASDAQ RKLB opened at $69.99 on Friday. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00. The firm has a market cap of $40.51 billion, a price-to-earnings ratio of -218.72 and a beta of 2.54. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02. The company has a 50 day moving average of $103.63 and a 200-day moving average of $87.19.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.07). The business had revenue of $200.35 million for the quarter, compared to the consensus estimate of $189.65 million. Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The firm’s quarterly revenue was up 63.4% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.12) EPS. On average, equities analysts forecast that Rocket Lab Corporation will post -0.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on RKLB. Stifel Nicolaus set a $132.00 target price on shares of Rocket Lab in a research note on Thursday, June 4th. BTIG Research reaffirmed a “hold” rating on shares of Rocket Lab in a report on Tuesday, May 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a research report on Friday, July 17th. Roth Capital lifted their price objective on Rocket Lab from $100.00 to $130.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Finally, Bank of America boosted their price target on shares of Rocket Lab from $105.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Rocket Lab has an average rating of “Moderate Buy” and an average price target of $110.18.

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.