Rocket Lab Corporation $RKLB Shares Sold by Guardian Partners Inc.

Guardian Partners Inc. lessened its holdings in Rocket Lab Corporation (NASDAQ:RKLB) by 89.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,000 shares of the rocket manufacturer’s stock after selling 91,600 shares during the quarter. Guardian Partners Inc.’s holdings in Rocket Lab were worth $766,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Highland Investment Advisors LLC purchased a new position in shares of Rocket Lab during the second quarter valued at approximately $30,000. Meeder Asset Management Inc. bought a new stake in shares of Rocket Lab in the 2nd quarter worth approximately $30,000. NBH Bank purchased a new stake in shares of Rocket Lab in the 2nd quarter worth approximately $30,000. Cherry Tree Wealth Management LLC purchased a new stake in shares of Rocket Lab in the 2nd quarter worth approximately $32,000. Finally, Keating Financial Advisory Services Inc. purchased a new stake in shares of Rocket Lab in the 2nd quarter worth approximately $39,000. Institutional investors own 71.78% of the company’s stock.

Rocket Lab Stock Up 5.5%

Shares of Rocket Lab stock opened at $53.69 on Thursday. The company has a 50-day simple moving average of $67.15 and a two-hundred day simple moving average of $83.95. The stock has a market capitalization of $32.12 billion, a PE ratio of -198.84 and a beta of 2.93. Rocket Lab Corporation has a 52-week low of $37.57 and a 52-week high of $151.00. 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 posted its quarterly earnings results 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 firm had revenue of $234.07 million for 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%. On average, analysts anticipate that Rocket Lab Corporation will post -0.20 EPS for the current fiscal year.

Insiders Place Their Bets

In other Rocket Lab news, insider Frank Klein sold 45,692 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $69.63, for a total transaction of $3,181,533.96. Following the sale, the insider directly owned 961,295 shares in the company, valued at approximately $66,934,970.85. This trade represents a 4.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through 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, CFO Adam C. Spice sold 140,157 shares of Rocket Lab stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $70.82, for a total value of $9,925,918.74. Following the completion of the sale, the chief financial officer directly owned 1,155,967 shares of the company’s stock, valued at approximately $81,865,582.94. The trade was a 10.81% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 400,749 shares of company stock worth $26,964,474 in the last three months. Corporate insiders own 8.40% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Citizens Jmp reduced their price objective on Rocket Lab from $130.00 to $90.00 and set a “market outperform” rating for the company in a research report on Friday, October 16th. Citigroup reissued a “market outperform” rating on shares of Rocket Lab in a report on Friday, October 16th. Craig Hallum increased their target price on Rocket Lab from $98.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Barclays began coverage on Rocket Lab in a report on Friday, October 9th. They set an “overweight” rating and a $85.00 price target for the company. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a research report on Thursday, October 15th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Rocket Lab currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.05.

More Rocket Lab News

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

• Positive Sentiment: Rocket Lab benefited from a broader rally in space stocks after SpaceX reported strong third-quarter revenue. The sector strength helped lift sentiment toward other launch and satellite companies, including RKLB. Why Is Rocket Lab Stock Surging on Wednesday?
• Positive Sentiment: Investors are watching Rocket Lab’s planned Mars mission, which is expected to attempt a previously unproven maneuver and reach Mars next September. The mission provides a near-term operational and publicity catalyst. Rocket Lab Mars Maneuver
• Positive Sentiment: Cathie Wood’s Ark continued accumulating RKLB despite the Neutron setback, while some analysts maintained bullish ratings and substantial price targets. Bulls also point to Rocket Lab’s expanding order book and its increasingly important space-systems revenue, which is less dependent on launch cadence. Cathie Wood and Rocket Lab
• Neutral Sentiment: Rocket Lab will report third-quarter 2026 results after the market close on November 9. The earnings release could clarify backlog conversion, cash usage, launch activity and the financial effects of the Neutron delay. Rocket Lab Third-Quarter Results Date
• Negative Sentiment: The principal overhang remains the postponement of Neutron’s first launch to 2027 after defects were found in carbon-fiber components and the first-stage design requires remediation. The delay postpones Rocket Lab’s entry into the larger-payload market and increases execution risk. Rocket Lab Neutron Delay
• Negative Sentiment: Valuation remains a concern after the recent crash, with the company still unprofitable and trading at a high earnings-based valuation. Investors also remain alert to possible regulatory scrutiny of Rocket Lab’s proposed Iridium acquisition. Rocket Lab Valuation Outlook

Rocket Lab Company Profile

Rocket Lab USA, Inc is a space and defense company that develops and operates launch vehicles, spacecraft, satellite components and related space systems. The company serves government, commercial and scientific customers seeking access to orbit and other space-based capabilities.

Rocket Lab’s launch business is centered on Electron, a small orbital launch vehicle designed to carry satellites and other payloads into low Earth orbit. The company also develops specialized launch and hypersonic test services through programs such as HASTE, while its Neutron vehicle is intended to provide larger payload capacity and support future commercial and government missions.

Through its space systems business, Rocket Lab produces satellite platforms, flight computers, power systems, solar cells, reaction wheels, separation systems, radios and other components used in spacecraft.