Strs Ohio decreased its stake in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 67.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,893 shares of the rocket manufacturer’s stock after selling 20,788 shares during the quarter. Strs Ohio’s holdings in Rocket Lab were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Truist Financial Corp boosted its holdings in shares of Rocket Lab by 1.9% in the second quarter. Truist Financial Corp now owns 12,352 shares of the rocket manufacturer’s stock worth $442,000 after buying an additional 234 shares during the period. ORG Partners LLC boosted its stake in Rocket Lab by 22.1% in the 3rd quarter. ORG Partners LLC now owns 1,337 shares of the rocket manufacturer’s stock worth $64,000 after purchasing an additional 242 shares during the period. Parvin Asset Management LLC grew its position in 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 purchasing an additional 250 shares in the last quarter. GAMMA Investing LLC raised its stake in Rocket Lab by 36.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,518 shares of the rocket manufacturer’s stock valued at $54,000 after purchasing an additional 405 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Rocket Lab by 109.5% in the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock valued at $28,000 after purchasing an additional 416 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. Zacks Research upgraded Rocket Lab from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a research note on Thursday, January 22nd. Stifel Nicolaus increased their price target 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. Morgan Stanley raised shares of Rocket Lab from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $67.00 to $105.00 in a research report on Friday, January 16th. Finally, KeyCorp lowered shares of Rocket Lab from an “overweight” rating to a “sector weight” rating in a research note on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Rocket Lab presently has an average rating of “Moderate Buy” and an average target price of $72.92.
Rocket Lab Stock Down 6.5%
Rocket Lab stock opened at $80.07 on Friday. The company has a current ratio of 3.18, a quick ratio of 2.83 and a debt-to-equity ratio of 0.32. Rocket Lab Corporation has a 1-year low of $14.71 and a 1-year high of $99.58. The firm’s fifty day simple moving average is $69.91 and its 200-day simple moving average is $57.60. The company has a market capitalization of $42.77 billion, a P/E ratio of -210.71 and a beta of 2.16.
Rocket Lab (NASDAQ:RKLB – Get Free Report) last posted its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The firm had revenue of $155.08 million for the quarter, compared to the consensus estimate of $152.45 million. During the same period in the prior year, the business posted ($0.10) earnings per share. The business’s quarterly revenue was up 48.0% on a year-over-year basis. Sell-side analysts forecast that Rocket Lab Corporation will post -0.38 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider Frank Klein sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $72.95, for a total value of $7,295,000.00. Following the completion of the sale, the insider directly owned 1,169,487 shares in the company, valued at approximately $85,314,076.65. The trade was a 7.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Adam C. Spice sold 1,365,665 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $75.50, for a total value of $103,107,707.50. Following the transaction, the chief financial officer owned 1,359,568 shares in the company, valued at approximately $102,647,384. This trade represents a 50.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,306,150 shares of company stock worth $271,865,732 in the last three months. 11.90% of the stock is owned by insiders.
Rocket Lab News Summary
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Successful launches: Rocket Lab completed its 81st Electron mission and its second launch in eight days, deploying KAIST’s NEONSAT‑1A — a clear signal of continued commercial and government demand and operational cadence that supports revenue visibility and launch backlog. Mission Success: Rocket Lab Launches Korean Earth-Imaging Satellite
- Positive Sentiment: Operational momentum: Management highlighted a busy 2026 launch cadence (commercial, government, national security and hypersonics), reinforcing the company’s positioning as a frequent small‑sat launcher and potential revenue growth from recurring missions. Rocket Lab Successfully Launches 81st Electron Rocket for KAIST
- Neutral Sentiment: Options/volatility interest: Several recent articles outline bullish options strategies (bull put spreads, other plays) that indicate elevated implied volatility and traders positioning for large moves — this increases short‑term trading activity even if it doesn’t change fundamentals. Rocket Lab Stock: This Options Play Takes Advantage Of Higher Gains
- Neutral Sentiment: Market backdrop: Broad market volatility (Fed chair news, hotter inflation) is pressuring growth/high‑beta names; some coverage frames RKLB’s pullback as a sell‑the‑news reaction rather than a change to long‑term thesis. MarketBeat Week in Review – 01/26 – 01/30
- Negative Sentiment: Analyst downgrade / bearish trade idea: A Seeking Alpha piece recommends avoiding outright buys and instead selling puts (rating downgrade), which can amplify downside pressure by encouraging cautious positioning and reducing demand for shares. Don’t Buy Rocket Lab, Sell Puts Instead (Rating Downgrade)
- Negative Sentiment: Insider selling and past technical shock: Public data referenced in recent coverage shows heavy insider sales over the past six months, and the stock still bears the scar from the prior Neutron test failure — both factors weigh on investor confidence and can exacerbate short‑term declines. Insider activity & company notes (Quiver summary)
About Rocket Lab
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.
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