Venture Visionary Partners LLC Has $1.10 Million Stock Holdings in Rocket Lab Corporation $RKLB

Venture Visionary Partners LLC raised its holdings in Rocket Lab Corporation (NASDAQ:RKLB) by 3.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 61,440 shares of the rocket manufacturer’s stock after acquiring an additional 2,085 shares during the quarter. Venture Visionary Partners LLC’s holdings in Rocket Lab were worth $1,099,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Rocket Lab by 10.6% during the first quarter. Vanguard Group Inc. now owns 40,029,546 shares of the rocket manufacturer’s stock worth $715,728,000 after acquiring an additional 3,833,969 shares in the last quarter. Two Sigma Advisers LP bought a new position in shares of Rocket Lab in the fourth quarter valued at $72,623,000. BNP Paribas Financial Markets purchased a new stake in shares of Rocket Lab in the fourth quarter valued at about $56,977,000. Two Sigma Investments LP purchased a new stake in Rocket Lab during the fourth quarter worth about $47,074,000. Finally, Hsbc Holdings PLC increased its holdings in Rocket Lab by 3,592.0% during the fourth quarter. Hsbc Holdings PLC now owns 1,534,265 shares of the rocket manufacturer’s stock worth $39,477,000 after buying an additional 1,492,708 shares during the last quarter. 71.78% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Rocket Lab news, Director Merline Saintil sold 6,353 shares of Rocket Lab stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $33.38, for a total value of $212,063.14. Following the transaction, the director owned 419,569 shares in the company, valued at $14,005,213.22. The trade was a 1.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank Klein sold 2,546 shares of the business’s stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $30.00, for a total value of $76,380.00. Following the sale, the insider owned 1,365,826 shares in the company, valued at $40,974,780. The trade was a 0.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,130,995 shares of company stock valued at $29,686,039 in the last three months. 11.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on RKLB shares. Roth Capital increased their target price on shares of Rocket Lab from $25.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, May 28th. The Goldman Sachs Group began coverage on shares of Rocket Lab in a research note on Monday, June 30th. They set a “neutral” rating and a $27.00 price target on the stock. Cantor Fitzgerald lifted their target price on shares of Rocket Lab from $35.00 to $54.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Stifel Nicolaus lifted their target price on shares of Rocket Lab from $34.00 to $55.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Finally, Craig Hallum began coverage on shares of Rocket Lab in a research report on Monday, July 28th. They set a “hold” rating and a $51.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $42.27.

Rocket Lab Price Performance

Shares of NASDAQ:RKLB opened at $40.69 on Thursday. Rocket Lab Corporation has a twelve month low of $5.74 and a twelve month high of $53.44. The stock has a market capitalization of $19.51 billion, a PE ratio of -90.42 and a beta of 2.17. The firm’s 50 day moving average price is $40.06 and its 200-day moving average price is $28.60. The company has a quick ratio of 2.33, a current ratio of 2.67 and a debt-to-equity ratio of 0.60.

Rocket Lab (NASDAQ:RKLB) last announced its quarterly earnings data on Thursday, August 7th. The rocket manufacturer reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). Rocket Lab had a negative net margin of 45.87% and a negative return on equity of 48.14%. The company had revenue of $144.50 million for the quarter, compared to analysts’ expectations of $135.42 million. During the same period last year, the business earned ($0.08) earnings per share. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. Rocket Lab has set its Q3 2025 guidance at EPS. Equities research analysts expect that Rocket Lab Corporation will post -0.38 EPS for the current year.

About Rocket Lab

Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.