47,773 Shares in Rocket Lab Corporation $RKLB Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in Rocket Lab Corporation (NASDAQ:RKLB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 47,773 shares of the rocket manufacturer’s stock, valued at approximately $2,289,000.

Other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC purchased a new position in Rocket Lab in the third quarter valued at $27,000. EverSource Wealth Advisors LLC boosted its position in shares of Rocket Lab by 109.5% during 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 in the last quarter. Financial Consulate Inc. purchased a new position in shares of Rocket Lab in the 3rd quarter valued at about $35,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Rocket Lab during the 2nd quarter worth about $36,000. Finally, Kilter Group LLC purchased a new stake in Rocket Lab during the second quarter worth approximately $37,000. 71.78% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Wall Street Zen raised Rocket Lab from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. Robert W. Baird initiated coverage on shares of Rocket Lab in a research report on Wednesday, October 15th. They set an “outperform” rating and a $83.00 price objective for the company. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Rocket Lab in a research report on Wednesday, December 3rd. Bank of America lifted their price target on shares of Rocket Lab from $50.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, November 19th. Finally, Needham & Company LLC raised their price objective on Rocket Lab from $63.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, December 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $61.25.

Insider Buying and Selling

In other Rocket Lab news, insider Frank Klein sold 100,000 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $85,314,076.65. The trade was a 7.88% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Nina Armagno sold 27,314 shares of the company’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $68.21, for a total transaction of $1,863,087.94. Following the transaction, the director owned 108,940 shares of the company’s stock, valued at approximately $7,430,797.40. The trade was a 20.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 4,197,650 shares of company stock worth $262,429,052. 11.90% of the stock is currently owned by insiders.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: High-level Pentagon engagement — U.S. Defense Secretary Pete Hegseth visited Rocket Lab’s HQ on his “Arsenal of Freedom” tour, signaling stronger government interest in private-space suppliers and potential defense-related contract upside. Hegseth Visits Rocket Lab On ‘Arsenal Of Freedom’ Tour
• Positive Sentiment: Analyst and sector bullishness — MarketBeat and other outlets highlight government contracts, accelerating launch cadence and the upcoming Neutron program as major long-term catalysts supporting higher price targets and continued investor interest. Rocket Lab Corporation’s (NASDAQ: RKLB)
• Neutral Sentiment: Short-interest reporting looks unreliable this cycle — a January filing lists a “large increase” but shows zeros/NaN in the published numbers, so there is no clear evidence of new short-pressure from the data available. (Data anomaly/no link)
• Neutral Sentiment: Retail/press attention rising — coverage with bullish headlines (e.g., MoneyMorning) can boost retail flows and volatility even if the underlying fundamental change is unclear. Rocket Lab Could Be Sent Into Orbit After This Just Happened
• Negative Sentiment: Institutional trimming — filings reported by Sohu show SG Americas Securities LLC and MorganRosel Wealth Management reduced stakes, which can add selling pressure and signals mixed institutional sentiment despite the rally. SG Americas Securities LLC Reduces Stake in Rocket Lab Corporation Amid Mixed Institutional Sentiment MorganRosel Wealth Management LLC Cuts Stake in Rocket Lab Corporation: What Investors Should Know
• Negative Sentiment: Profit-taking/short-term pullback explained — Zacks published a note explaining why RKLB fell more than the broader market, citing recent gains that left the stock extended and prompting near-term profit-taking. Here’s Why Rocket Lab Corporation (RKLB) Fell More Than Broader Market

Rocket Lab Trading Down 1.5%

Shares of Rocket Lab stock opened at $86.58 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.83 and a current ratio of 3.18. The company has a market capitalization of $46.25 billion, a P/E ratio of -227.84 and a beta of 2.16. Rocket Lab Corporation has a 1 year low of $14.71 and a 1 year high of $89.87. The company’s fifty day moving average is $59.11 and its two-hundred day moving average is $53.14.

Rocket Lab (NASDAQ:RKLB) last announced its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. The business had revenue of $155.08 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 48.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.10) earnings per share. Analysts forecast that Rocket Lab Corporation will post -0.38 earnings per share for the current year.

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.