Rocket Lab (NASDAQ:RKLB) Director Sells $8,964,000.00 in Stock

Rocket Lab Corporation (NASDAQ:RKLB) Director Alexander Slusky sold 60,000 shares of Rocket Lab stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $149.40, for a total transaction of $8,964,000.00. Following the completion of the sale, the director directly owned 374,675 shares of the company’s stock, valued at approximately $55,976,445. The trade was a 13.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Rocket Lab Stock Performance

RKLB opened at $114.70 on Thursday. Rocket Lab Corporation has a 1-year low of $25.24 and a 1-year high of $151.00. The company has a market cap of $66.38 billion, a price-to-earnings ratio of -358.44 and a beta of 2.49. The company’s fifty day moving average price is $95.20 and its two-hundred day moving average price is $77.95. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02.

Rocket Lab (NASDAQ:RKLB) last posted its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The company had revenue of $200.35 million during the quarter, compared to the consensus estimate of $189.65 million. During the same period in the previous year, the firm posted ($0.12) earnings per share. The firm’s revenue for the quarter was up 63.4% on a year-over-year basis. On average, analysts expect that Rocket Lab Corporation will post -0.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Rocket Lab

A number of hedge funds have recently modified their holdings of RKLB. AQR Capital Management LLC raised its stake in shares of Rocket Lab by 114.0% in the first quarter. AQR Capital Management LLC now owns 174,308 shares of the rocket manufacturer’s stock valued at $3,117,000 after buying an additional 92,849 shares during the period. NewEdge Advisors LLC lifted its position in shares of Rocket Lab by 1,812.1% during the 1st quarter. NewEdge Advisors LLC now owns 36,807 shares of the rocket manufacturer’s stock valued at $658,000 after buying an additional 34,882 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Rocket Lab by 53.8% during the 1st quarter. Jones Financial Companies Lllp now owns 15,745 shares of the rocket manufacturer’s stock worth $282,000 after acquiring an additional 5,507 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Rocket Lab by 13.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 773,548 shares of the rocket manufacturer’s stock worth $13,831,000 after acquiring an additional 90,758 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in Rocket Lab by 1.0% in the 1st quarter. Focus Partners Wealth now owns 67,584 shares of the rocket manufacturer’s stock worth $1,206,000 after acquiring an additional 681 shares during the last quarter. Institutional investors own 71.78% of the company’s stock.

Wall Street Analyst Weigh In

RKLB has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a report on Tuesday, April 21st. Citizens Jmp increased their price target on Rocket Lab from $85.00 to $95.00 and gave the company a “market outperform” rating in a research report on Friday, May 8th. Roth Mkm raised their price objective on Rocket Lab from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, April 17th. TD Cowen lifted their price objective on shares of Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $105.00 target price (up from $90.00) on shares of Rocket Lab in a report on Monday, April 20th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Rocket Lab currently has a consensus rating of “Moderate Buy” and an average target price of $97.19.

Rocket Lab News Roundup

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

• Positive Sentiment: Rocket Lab’s business momentum remains strong, with Q1 FY26 backlog rising to a record $2 billion and revenue up 63% year over year, reinforcing the case that growth is being driven by spacecraft manufacturing and space systems, not just launches.
• Positive Sentiment: Several articles highlight Rocket Lab’s improving long-term position as a vertically integrated defense and space contractor, with direct government contracts and expanding capabilities seen as key catalysts for future growth.
• Neutral Sentiment: Analyst commentary remains broadly constructive, including a recent upgrade to Buy, but some research notes also caution that Neutron development, supply-chain constraints, and government-program dependence remain execution risks. Rocket Lab Upgraded To Buy: A New Era Of Growth
• Neutral Sentiment: Rocket Lab’s recent run has been extremely strong, so some of today’s weakness may reflect normal profit-taking after a large advance rather than a fundamental problem. Rocket Lab Stock Soars 72% in Three Months: Can the Rise Continue?
• Negative Sentiment: Multiple insider sales, including transactions by senior executives and directors, are weighing on sentiment and may add to near-term pressure on the shares.
• Negative Sentiment: Broader space-sector weakness tied to SpaceX IPO buzz has also hit RKLB, as investors reassess whether capital will rotate into the new listing and away from public space names.

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.