Rocket Lab Corporation $RKLB Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 20.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 101,251 shares of the rocket manufacturer’s stock after selling 26,103 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Rocket Lab were worth $6,502,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Swedbank AB grew its holdings in 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 period. Firsthand Capital Management Inc. raised its stake in Rocket Lab by 40.0% during the third quarter. Firsthand Capital Management Inc. now owns 70,000 shares of the rocket manufacturer’s stock worth $3,354,000 after purchasing an additional 20,000 shares during the period. Swiss National Bank raised its stake in Rocket Lab by 67.7% during the third quarter. Swiss National Bank now owns 1,243,630 shares of the rocket manufacturer’s stock worth $59,582,000 after purchasing an additional 501,830 shares during the period. Vanguard Group Inc. boosted its holdings 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 last quarter. Finally, Westfield Capital Management Co. LP boosted its holdings in shares of 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 purchasing an additional 154,623 shares during the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on RKLB shares. Citizens Jmp upped their price objective on Rocket Lab from $95.00 to $130.00 and gave the stock a “market outperform” rating in a report on Tuesday, June 30th. TD Cowen lifted their target price on Rocket Lab from $90.00 to $120.00 and gave the company a “buy” rating in a report on Friday, May 8th. Roth Mkm boosted their price target on Rocket Lab from $100.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, June 29th. KeyCorp upgraded Rocket Lab from a “sector weight” rating to an “overweight” rating and set a $135.00 price target for the company in a research note on Monday, June 15th. Finally, Needham & Company LLC restated a “buy” rating and issued a $120.00 price objective on shares of Rocket Lab in a report on Tuesday, June 30th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned 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 currently has an average rating of “Moderate Buy” and an average price target of $108.24.

Rocket Lab News Summary

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

• Positive Sentiment: Multiple analysts reportedly raised price targets on Rocket Lab, reflecting confidence in execution on the Neutron rocket program and backlog growth. Rocket Lab Stock (RKLB) Opinions on Analyst Upgrades and Price Target Raises
• Positive Sentiment: Coverage from several outlets says the Iridium deal could be transformative by adding recurring communications revenue and broadening Rocket Lab’s addressable market. Should You Buy Rocket Lab Stock Right Now?
• Positive Sentiment: Commentary around the stock notes strong revenue growth, with Q1 2026 revenue up 63.46% year over year, helping support the growth narrative. Why Analysts Think Rocket Lab Stock Can Gain Another 50% from Here
• Neutral Sentiment: Several articles frame Rocket Lab as one of the leading space stocks to watch in July, but these are mostly general sector roundups rather than new company-specific developments. Top 3 Space Stocks for July 2026: Rocket Lab (RKLB), AST SpaceMobile (ASTS), and Planet Labs (PL)
• Negative Sentiment: One data-heavy note highlighted that Rocket Lab insiders have been net sellers over the past six months, which may temper some of the enthusiasm around the rally. Rocket Lab Stock (RKLB) Opinions on Analyst Upgrades and Price Target Raises

Insider Buying and Selling

In other news, CFO Adam C. Spice sold 62,744 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total value of $8,945,412.08. Following the completion of the sale, the chief financial officer owned 983,049 shares of the company’s stock, valued at $140,153,295.93. This represents a 6.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, Director Alexander R. Slusky sold 100,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $118.08, for a total value of $11,808,000.00. Following the completion of the sale, the director owned 434,675 shares of the company’s stock, valued at approximately $51,326,424. This trade represents a 18.70% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 573,515 shares of company stock worth $76,412,122. Company insiders own 8.40% of the company’s stock.

Rocket Lab Price Performance

Rocket Lab stock opened at $100.46 on Friday. The firm has a fifty day moving average of $108.81 and a 200-day moving average of $86.34. Rocket Lab Corporation has a 52-week low of $35.25 and a 52-week high of $151.00. The company has a quick ratio of 4.02, a current ratio of 4.47 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $58.14 billion, a P/E ratio of -313.94 and a beta of 2.54.

Rocket Lab (NASDAQ:RKLB) last posted its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, meeting 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 business had revenue of $200.35 million for the quarter, compared to analyst estimates of $189.65 million. During the same quarter in the previous year, the business posted ($0.12) EPS. The business’s quarterly revenue was up 63.4% on a year-over-year basis. As a group, analysts predict that Rocket Lab Corporation will post -0.29 EPS for the current year.

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.