470,480 Shares in Rocket Lab Corporation $RKLB Bought by Swedbank AB

Swedbank AB acquired a new stake in Rocket Lab Corporation (NASDAQ:RKLB) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 470,480 shares of the rocket manufacturer’s stock, valued at approximately $22,541,000. Swedbank AB owned 0.10% of Rocket Lab at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC bought a new stake in shares of Rocket Lab in the second quarter valued at $192,918,000. Sender Co & Partners Inc. bought a new position in shares of Rocket Lab during the 1st quarter worth $621,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Rocket Lab by 44.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 992,777 shares of the rocket manufacturer’s stock worth $35,512,000 after acquiring an additional 306,713 shares during the last quarter. Orion Porfolio Solutions LLC bought a new stake in Rocket Lab in the 2nd quarter valued at about $1,009,000. Finally, McGuire Investment Group LLC raised its stake in Rocket Lab by 91.3% in the 2nd quarter. McGuire Investment Group LLC now owns 196,107 shares of the rocket manufacturer’s stock valued at $7,015,000 after acquiring an additional 93,613 shares during the period. 71.78% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Stifel Nicolaus increased 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. KeyCorp raised their price objective on shares of Rocket Lab from $50.00 to $75.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Rocket Lab in a report on Wednesday, October 8th. Cantor Fitzgerald restated an “overweight” rating on shares of Rocket Lab in a research report on Wednesday, December 3rd. Finally, Bank of America lifted their price target on Rocket Lab from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, November 19th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Rocket Lab presently has an average rating of “Moderate Buy” and an average price target of $61.25.

Rocket Lab Stock Down 8.5%

Shares of NASDAQ:RKLB opened at $70.65 on Friday. The firm has a fifty day moving average price of $55.35 and a two-hundred day moving average price of $48.71. The company has a market cap of $37.74 billion, a price-to-earnings ratio of -185.92 and a beta of 2.20. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.18 and a quick ratio of 2.83. Rocket Lab Corporation has a one year low of $14.71 and a one year high of $79.83.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly earnings data on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $152.45 million. During the same quarter last year, the business posted ($0.10) earnings per share. The firm’s revenue was up 48.0% compared to the same quarter last year. Analysts anticipate that Rocket Lab Corporation will post -0.38 EPS for the current fiscal year.

Insider Activity

In other news, insider Frank Klein sold 4,736 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $42.08, for a total transaction of $199,290.88. Following the completion of the transaction, the insider owned 1,269,487 shares of the company’s stock, valued at approximately $53,420,012.96. The trade was a 0.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Arjun Kampani sold 10,554 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $42.08, for a total transaction of $444,112.32. Following the completion of the transaction, the senior vice president owned 450,460 shares in the company, valued at approximately $18,955,356.80. This trade represents a 2.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,729,485 shares of company stock worth $151,832,870. Company insiders own 11.90% of the company’s stock.

More Rocket Lab News

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

• Positive Sentiment: Report that Rocket Lab jumped on a possible roughly $1B U.S. Space Development Agency (SDA) deal — this is the primary bullish fundamental catalyst cited for the recent surge; the contract would materially boost backlog if confirmed. Rocket Lab (RKLB) jumps 17.7% on possible billion-$ US SDA deal
• Positive Sentiment: Technical breakout: IBD says Rocket Lab cleared a buy point and satisfied the eight‑week hold rule after the contract news — a bullish technical signal that drew momentum buyers. Rocket Lab Takes Off On Contract Win, Triggers This Rare Bullish Signal
• Neutral Sentiment: An analyst is reworking price targets after RKLB hit record highs — could mean upgrades or refreshed guidance sensitivity, but impact depends on final published target and rationale. Rocket Lab analyst rethinks stock target after hitting record high
• Neutral Sentiment: Reported short‑interest data are anomalous (showing zero in the snapshot), so they don’t provide clear insight into crowd positioning; treat that metric cautiously until clarified by regular reporting sources.
• Negative Sentiment: Sectorwide pullback: Benzinga notes RKLB is cooling off as space-related stocks retrace year‑end gains — this broad weakness is a likely reason for today’s decline even after the positive headlines. Rocket Lab Stock Cools Off As Sector Pulls Back From Year‑End Rally
• Negative Sentiment: Insider selling: Director Nina Armagno sold ~27,314 shares in mid‑December — a sizable sale that may add to short‑term selling pressure or feed cautious sentiment among some investors. Nina Armagno Sells 27,314 Shares of Rocket Lab (NASDAQ:RKLB) Stock

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.