Rocket Lab Corporation $RKLB Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Rocket Lab Corporation (NASDAQ:RKLB) by 14.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,737,451 shares of the rocket manufacturer’s stock after buying an additional 352,094 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.46% of Rocket Lab worth $278,262,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Swedbank AB grew its position in shares of Rocket Lab by 8.2% in the fourth quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock valued at $35,525,000 after purchasing an additional 38,770 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Rocket Lab during the 2nd quarter worth approximately $4,124,970,000. Katamaran Capital LLP raised its position in shares of Rocket Lab by 86.2% during the 1st quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer’s stock worth $1,272,000 after purchasing an additional 9,172 shares during the last quarter. Westfield Capital Management Co. LP lifted its stake in Rocket Lab by 6.3% in the 4th quarter. Westfield Capital Management Co. LP now owns 2,592,443 shares of the rocket manufacturer’s stock valued at $180,849,000 after buying an additional 154,623 shares in the last quarter. Finally, Y.D. More Investments Ltd purchased a new stake in Rocket Lab in the 1st quarter valued at approximately $642,000. Institutional investors and hedge funds own 71.78% of the company’s stock.

Insider Transactions at Rocket Lab

In other Rocket Lab news, CFO Adam C. Spice sold 9,677 shares of Rocket Lab stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $69.63, for a total value of $673,809.51. Following the completion of the sale, the chief financial officer owned 1,155,967 shares in the company, valued at $80,489,982.21. The trade was a 0.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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. Also, CAO Agostino Ricupati sold 669 shares of Rocket Lab stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $69.63, for a total value of $46,582.47. Following the completion of the sale, the chief accounting officer owned 26,863 shares of the company’s stock, valued at $1,870,470.69. This trade represents a 2.43% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 3,484,214 shares of company stock worth $304,166,848 in the last quarter. 8.40% of the stock is currently owned by corporate insiders.

Rocket Lab Trading Down 0.7%

Shares of RKLB opened at $63.94 on Tuesday. Rocket Lab Corporation has a fifty-two week low of $37.57 and a fifty-two week high of $151.00. The company has a market capitalization of $38.26 billion, a PE ratio of -236.81 and a beta of 2.60. The stock has a fifty day moving average of $77.07 and a two-hundred day moving average of $84.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.98 and a current ratio of 5.48.

Rocket Lab (NASDAQ:RKLB) last announced its quarterly earnings data on Monday, August 10th. The rocket manufacturer reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). The business had revenue of $234.07 million during the quarter, compared to analysts’ expectations of $231.62 million. Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. As a group, analysts forecast that Rocket Lab Corporation will post -0.2 EPS for the current year.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: Bank of America lowered its price target modestly to $110 from $115 but maintained a Buy rating, indicating the analyst still sees substantial long-term upside. Rocket Lab Stock Outlook
• Positive Sentiment: Rocket Lab is expanding its role as a vertically integrated space-services provider. Recent developments include a Viasat satellite-bus award, participation in the U.S. Space Force’s NITE-STAR program—which has a contract ceiling of $981 million—and a full-flight Neutron launch contract with Kepler Communications. These awards support the company’s defense and satellite-systems growth prospects. Rocket Lab Defense Role
• Neutral Sentiment: Broader investor interest in space stocks remains elevated after Elon Musk backed a presidential plan to develop America’s next generation of space leaders. The initiative could benefit the sector over time, but its immediate financial impact on RKLB is uncertain. Space Leaders Initiative
• Negative Sentiment: Strong winds delayed Rocket Lab’s Synspective “Owl Around The World” Electron mission, pushing the launch to no earlier than September 1. Launch delays can pressure near-term revenue expectations and investor sentiment. Electron Launch Delay
• Negative Sentiment: Rocket Lab’s stock has flashed a technical “death cross,” reflecting deterioration in momentum after its earlier rally. The reversal has heightened concerns that further selling could occur, even as some high-profile investors continue to view the company’s space exposure favorably. Rocket Lab Death Cross
• Negative Sentiment: Executives disclosed sizable share sales: President Steve Ward sold approximately $1.0 million of stock, while COO Frank Klein sold about $2.4 million. Although the sales represent only a portion of their holdings, insider selling can reinforce concerns about valuation and near-term performance. Rocket Lab President Share Sale Rocket Lab COO Share Sale

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Piper Sandler began coverage on Rocket Lab in a research report on Wednesday, July 15th. They set a “neutral” rating and a $83.00 price target for the company. Cantor Fitzgerald upped their price objective on Rocket Lab from $96.00 to $122.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. KGI Securities raised Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 price objective on the stock in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft lifted their price objective on Rocket Lab from $73.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Bank of America reduced their target price on shares of Rocket Lab from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $110.35.

Rocket Lab 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.