Silvant Capital Management LLC Purchases Shares of 106,533 Rocket Lab Corporation $RKLB

Silvant Capital Management LLC bought a new position in Rocket Lab Corporation (NASDAQ:RKLB) during the second quarter, Holdings Channel reports. The firm bought 106,533 shares of the rocket manufacturer’s stock, valued at approximately $10,829,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in Rocket Lab by 5.1% during the second quarter. Versant Capital Management Inc now owns 2,049 shares of the rocket manufacturer’s stock worth $208,000 after purchasing an additional 100 shares during the last quarter. Bartlett & CO. Wealth Management LLC boosted its position in Rocket Lab by 7.1% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 1,869 shares of the rocket manufacturer’s stock worth $120,000 after purchasing an additional 124 shares during the period. Sovereign Financial Group Inc. boosted its holdings in Rocket Lab by 3.9% in the 1st quarter. Sovereign Financial Group Inc. now owns 3,320 shares of the rocket manufacturer’s stock worth $213,000 after buying an additional 125 shares during the period. Quadcap Wealth Management LLC boosted its stake in Rocket Lab by 2.3% in the 4th quarter. Quadcap Wealth Management LLC now owns 6,246 shares of the rocket manufacturer’s stock worth $436,000 after purchasing an additional 140 shares during the period. Finally, Parvin Asset Management LLC grew its position in shares of Rocket Lab by 4.0% during the 1st quarter. Parvin Asset Management LLC now owns 3,665 shares of the rocket manufacturer’s stock valued at $235,000 after purchasing an additional 140 shares in the last quarter. 71.78% of the stock is owned by hedge funds and other institutional investors.

Rocket Lab Price Performance

Shares of NASDAQ:RKLB opened at $72.95 on Friday. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00. The business has a fifty day moving average price of $82.46 and a 200-day moving average price of $85.30. The company has a market capitalization of $43.65 billion, a PE ratio of -270.18 and a beta of 2.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.48 and a quick ratio of 4.98.

Rocket Lab (NASDAQ:RKLB) last posted its earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%.The business had revenue of $234.07 million during the quarter, compared to the consensus estimate of $231.62 million. As a group, equities analysts expect that Rocket Lab Corporation will post -0.24 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Arjun Kampani sold 88,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $107.98, for a total value of $9,502,240.00. Following the transaction, the senior vice president directly owned 264,705 shares of the company’s stock, valued at approximately $28,582,845.90. This trade represents a 24.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank Klein sold 44,390 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total transaction of $6,328,682.30. Following the sale, the insider owned 1,043,847 shares in the company, valued at approximately $148,821,266.79. The trade was a 4.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 3,749,294 shares of company stock valued at $351,008,208. 8.40% of the stock is currently owned by corporate insiders.

Key Stories Impacting Rocket Lab

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

• Positive Sentiment: Rocket Lab successfully completed its 93rd Electron mission, deploying an Earth-imaging QPS-SAR satellite for Japan’s iQPS. The mission was the company’s 14th Electron launch of 2026 and the ninth successful iQPS deployment. Nine additional dedicated iQPS launches are booked through 2030, supporting future revenue visibility. Rocket Lab launches 93rd Electron mission
• Positive Sentiment: Recent U.S. Space Force business is strengthening Rocket Lab’s defense and government positioning. The company received two delivery orders worth $12 million for secure optical communications and joined the Space Data Network Consortium; investors see potential for larger follow-on opportunities if its Photon technology performs well. Rocket Lab lands $12 million Space Force deal
• Positive Sentiment: Analysts cited by Yahoo Finance estimate RKLB may be about 11% undervalued, with defense contracts, satellite wins and growing government communications work reshaping the company’s long-term growth story. ARK Invest also reportedly added shares, providing a supportive institutional signal. Rocket Lab could be undervalued

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Roth Capital set a $110.00 target price on shares of Rocket Lab in a research report on Tuesday, August 11th. Citigroup reaffirmed a “market outperform” rating on shares of Rocket Lab in a research note on Tuesday, July 28th. Needham & Company LLC reiterated a “buy” rating on shares of Rocket Lab in a report on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a research report on Friday, July 17th. Finally, KGI Securities upgraded shares of Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 price target on the stock in a research report on Monday, July 27th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Rocket Lab has a consensus rating of “Moderate Buy” and an average target price of $110.65.

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.