Rocket Lab Corporation $RKLB Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S decreased its position in Rocket Lab Corporation (NASDAQ:RKLB) by 38.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,555 shares of the rocket manufacturer’s stock after selling 108,108 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Rocket Lab were worth $8,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in 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. Invesco Ltd. raised its holdings in shares of Rocket Lab by 67.0% during the second quarter. Invesco Ltd. now owns 6,242,304 shares of the rocket manufacturer’s stock worth $223,287,000 after purchasing an additional 2,504,054 shares during the last quarter. Norges Bank acquired a new position in Rocket Lab during the second quarter valued at $164,751,000. American Century Companies Inc. boosted its holdings in Rocket Lab by 6.2% in the second quarter. American Century Companies Inc. now owns 2,251,130 shares of the rocket manufacturer’s stock valued at $80,523,000 after purchasing an additional 131,996 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Rocket Lab by 22.5% in the second quarter. BNP Paribas Financial Markets now owns 2,112,255 shares of the rocket manufacturer’s stock valued at $75,555,000 after purchasing an additional 387,536 shares during the last quarter. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Insider Buying and Selling

In other news, SVP Arjun Kampani sold 28,615 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $40.65, for a total transaction of $1,163,199.75. Following the completion of the sale, the senior vice president owned 461,014 shares of the company’s stock, valued at $18,740,219.10. This represents a 5.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Merline Saintil sold 96,000 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $86.58, for a total transaction of $8,311,680.00. Following the completion of the transaction, the director directly owned 292,529 shares in the company, valued at approximately $25,327,160.82. This represents a 24.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,306,150 shares of company stock worth $271,865,732 in the last ninety days. Company insiders own 11.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on RKLB. TD Cowen reissued a “buy” rating on shares of Rocket Lab in a report on Thursday, January 22nd. Stifel Nicolaus lifted their price target on Rocket Lab from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Monday, December 22nd. Roth Mkm restated a “buy” rating and issued a $75.00 price objective on shares of Rocket Lab in a research report on Tuesday, November 11th. Bank of America raised their price objective on shares of Rocket Lab from $60.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, KeyCorp cut 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 assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.92.

Rocket Lab News Roundup

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

• Positive Sentiment: Analysts and price targets still support upside: several firms maintain buy/overweight views and a recent price‑target lift points to continued bullish conviction among some sell‑side analysts, which could cap downside over time. Read More.
• Positive Sentiment: Defense and government work are expanding: social and trade coverage highlights progress in hypersonic (MACH‑TB/HASTE) testing and an increasing footprint in U.S. national‑security programs, which supports recurring revenue potential and backlog diversification. Read More.
• Positive Sentiment: Launch cadence and revenue growth remain strong: recent coverage notes rapid Electron launch activity and meaningful year‑over‑year revenue growth, helping offset program‑level setbacks and supporting commercial momentum. Read More.
• Neutral Sentiment: Options traders see a potential sentiment mismatch: some market pieces argue option pricing may understate future volatility, creating trading opportunities even if fundamental direction remains unclear. Read More.
• Neutral Sentiment: Investor debate around Neutron program: coverage highlights setbacks on Neutron development — these are programmatic risks but not immediate revenue drains, making them a medium‑term watch item. Read More.
• Negative Sentiment: Congress declined funding for the planned 2031 Mars sample‑return mission tied to Perseverance, removing a potential NASA contract/launch source and prompting investor concern about near‑term government demand. Read More.
• Negative Sentiment: Sector rotation and a space‑stock selloff: market reaction to events around SpaceX and xAI, plus a broader software rout, has pushed investors out of smaller space peers, amplifying RKLB weakness. Read More.
• Negative Sentiment: Analyst caution and near‑term volatility risk: preview pieces and a downgrade narrative argue even an earnings beat may not stop selling, raising the probability of short‑term downside if expectations shift. Read More.
• Negative Sentiment: High insider selling: summaries of recent insider dispositions show extensive sales by executives, which can weigh on sentiment and investor confidence even if sales are for diversification. Read More.

Rocket Lab Trading Down 9.3%

Shares of RKLB stock opened at $66.32 on Friday. Rocket Lab Corporation has a 1-year low of $14.71 and a 1-year high of $99.58. The company has a market cap of $35.43 billion, a price-to-earnings ratio of -174.53 and a beta of 2.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.18 and a quick ratio of 2.83. The stock has a 50 day simple moving average of $72.43 and a 200-day simple moving average of $58.20.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly 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. The company had revenue of $155.08 million during the quarter, compared to analyst estimates of $152.45 million. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The firm’s revenue was up 48.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.10) EPS. On average, equities research analysts expect that Rocket Lab Corporation will post -0.38 EPS for the current fiscal 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.