Sharpepoint LLC Lowers Stock Holdings in Rocket Lab Corporation $RKLB

Sharpepoint LLC reduced its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 8.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,407 shares of the rocket manufacturer’s stock after selling 7,363 shares during the period. Rocket Lab makes up approximately 3.4% of Sharpepoint LLC’s holdings, making the stock its 7th largest holding. Sharpepoint LLC’s holdings in Rocket Lab were worth $5,679,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Rocket Lab by 13.4% in the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after purchasing an additional 5,610,469 shares during the period. Baillie Gifford & Co. grew its stake in shares of Rocket Lab by 47.2% in the 4th quarter. Baillie Gifford & Co. now owns 17,851,446 shares of the rocket manufacturer’s stock valued at $1,245,317,000 after purchasing an additional 5,725,536 shares during the period. Capital World Investors grew its stake in shares of Rocket Lab by 12.0% in the 4th quarter. Capital World Investors now owns 16,200,726 shares of the rocket manufacturer’s stock valued at $1,130,172,000 after purchasing an additional 1,738,623 shares during the period. State Street Corp grew its stake in shares of Rocket Lab by 13.6% in the 3rd quarter. State Street Corp now owns 12,399,571 shares of the rocket manufacturer’s stock valued at $594,063,000 after purchasing an additional 1,487,237 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Rocket Lab by 10.1% in the 4th quarter. Geode Capital Management LLC now owns 9,004,724 shares of the rocket manufacturer’s stock valued at $626,605,000 after purchasing an additional 825,158 shares during the period. 71.78% of the stock is currently owned by institutional investors.

More Rocket Lab News

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

• Positive Sentiment: Investors are viewing Rocket Lab as one of the clearest public alternatives to SpaceX, which could attract sympathy buying and sector rotation when SpaceX begins trading. The Biggest Opportunity From SpaceX’s IPO May Surprise You
• Positive Sentiment: The company continues to show strong growth momentum, including a 63.4% year-over-year revenue increase in the latest quarter and a large launch backlog that supports future sales visibility. Rocket Lab first quarter 2026 earnings
• Neutral Sentiment: Rocket Lab presented at the Wells Fargo Industrials & Materials Conference, keeping management commentary and business updates in focus for investors. Rocket Lab Corporation Presents at 16th Annual Wells Fargo Industrials & Materials Conference Transcript
• Neutral Sentiment: Several articles highlighted Rocket Lab’s strong five-year share performance and the bullish case for buying the stock, but these were mostly commentary pieces rather than new company-specific catalysts. Rocket Lab is still in the red. Here are 4 reasons to buy the stock anyway
• Negative Sentiment: Some traders are taking profits after a big run, and recent coverage notes the stock has slipped into a local bear market from its recent highs, signaling higher expectations and more volatility. Rocket Lab stock has crashed into a local bear market: will RKLB rebound?

Insider Activity

In other Rocket Lab news, CFO Adam C. Spice sold 62,744 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total transaction of $8,945,412.08. Following the transaction, the chief financial officer owned 983,049 shares of the company’s stock, valued at approximately $140,153,295.93. This represents a 6.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, insider Frank Klein sold 44,390 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total value of $6,328,682.30. Following the transaction, the insider directly owned 1,043,847 shares in the company, valued at approximately $148,821,266.79. This represents a 4.08% decrease in their position. The SEC filing for this sale provides additional information. 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 90 days, insiders have sold 485,515 shares of company stock worth $66,909,882. 8.40% of the stock is owned by company insiders.

Rocket Lab Stock Down 2.9%

Shares of RKLB opened at $105.05 on Thursday. The company has a market capitalization of $60.80 billion, a P/E ratio of -328.28 and a beta of 2.49. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.47 and a quick ratio of 4.02. Rocket Lab Corporation has a one year low of $25.24 and a one year high of $151.00. The business’s 50 day simple moving average is $99.88 and its 200-day simple moving average is $80.36.

Rocket Lab (NASDAQ:RKLB) last posted its quarterly earnings data on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.07). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The firm had revenue of $200.35 million for the quarter, compared to the consensus estimate of $189.65 million. During the same quarter in the prior year, the business earned ($0.12) EPS. The business’s revenue for the quarter was up 63.4% compared to the same quarter last year. As a group, sell-side analysts predict that Rocket Lab Corporation will post -0.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

RKLB has been the topic of several recent analyst reports. Cantor Fitzgerald reissued an “overweight” rating on shares of Rocket Lab in a report on Wednesday, May 27th. Clear Str raised Rocket Lab to a “strong-buy” rating in a report on Wednesday, March 18th. Citizens Jmp boosted their target price on Rocket Lab from $85.00 to $95.00 and gave the stock a “market outperform” rating in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft boosted their target price on Rocket Lab from $73.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Craig Hallum raised Rocket Lab from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a report on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Rocket Lab currently has an average rating of “Moderate Buy” and an average target price of $98.88.

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.