Key Points
- CFO Adam Spice sold 15,633 shares of Rocket Lab on Nov. 22 at an average price of $40.02 for about $625,633, reducing his holding by 0.76% to 2,042,367 shares (≈$81.74M).
- Rocket Lab reported Q3 revenue of $155.08M (up 48% YoY) and EPS of -$0.03, beating the -$0.05 estimate, though the company still shows a negative net margin (~35.6%) and negative ROE (~27.3%).
- The stock opened at $42.60 with a market cap of $22.76B and a 1‑year range of $14.71–$73.97; analysts hold a consensus "Moderate Buy" rating with an average target of $58.17, and institutions own ~71.8% of shares.
Rocket Lab Corporation (NASDAQ:RKLB - Get Free Report) CFO Adam Spice sold 15,633 shares of the stock in a transaction that occurred on Saturday, November 22nd. The shares were sold at an average price of $40.02, for a total value of $625,632.66. Following the transaction, the chief financial officer owned 2,042,367 shares in the company, valued at approximately $81,735,527.34. This trade represents a 0.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Rocket Lab Price Performance
Shares of Rocket Lab stock opened at $42.60 on Wednesday. The company has a current ratio of 3.18, a quick ratio of 2.83 and a debt-to-equity ratio of 0.32. The firm has a fifty day simple moving average of $54.91 and a 200-day simple moving average of $44.01. The stock has a market capitalization of $22.76 billion, a price-to-earnings ratio of -112.11 and a beta of 2.16. Rocket Lab Corporation has a 1-year low of $14.71 and a 1-year high of $73.97.
Rocket Lab (NASDAQ:RKLB - Get Free Report) last issued its quarterly earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative return on equity of 27.26% and a negative net margin of 35.64%.The company had revenue of $155.08 million for the quarter, compared to the consensus estimate of $152.45 million. During the same period last year, the business posted ($0.10) earnings per share. The firm's revenue was up 48.0% compared to the same quarter last year. Rocket Lab has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Rocket Lab Corporation will post -0.38 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on RKLB shares. Needham & Company LLC reaffirmed a "buy" rating and set a $63.00 target price on shares of Rocket Lab in a research report on Tuesday. Morgan Stanley reduced their price objective on Rocket Lab from $68.00 to $67.00 and set an "equal weight" rating for the company in a research report on Wednesday, November 12th. Cantor Fitzgerald boosted their price objective on Rocket Lab from $35.00 to $54.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. Roth Capital reaffirmed a "buy" rating and issued a $75.00 target price on shares of Rocket Lab in a research report on Tuesday, November 11th. Finally, Citigroup reissued a "market perform" rating on shares of Rocket Lab in a report on Wednesday, November 12th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $58.17.
Check Out Our Latest Research Report on RKLB
Institutional Trading of Rocket Lab
Several institutional investors have recently bought and sold shares of RKLB. Capital Investment Advisory Services LLC raised its stake in Rocket Lab by 2.1% during the third quarter. Capital Investment Advisory Services LLC now owns 10,432 shares of the rocket manufacturer's stock worth $500,000 after acquiring an additional 212 shares in the last quarter. Truist Financial Corp lifted its holdings in Rocket Lab by 1.9% during the 2nd quarter. Truist Financial Corp now owns 12,352 shares of the rocket manufacturer's stock valued at $442,000 after purchasing an additional 234 shares during the last quarter. ORG Partners LLC boosted its position in Rocket Lab by 22.1% in the third quarter. ORG Partners LLC now owns 1,337 shares of the rocket manufacturer's stock valued at $64,000 after buying an additional 242 shares in the last quarter. Parvin Asset Management LLC grew its stake in Rocket Lab by 7.2% during the second quarter. Parvin Asset Management LLC now owns 3,725 shares of the rocket manufacturer's stock worth $133,000 after buying an additional 250 shares during the last quarter. Finally, Independent Advisor Alliance increased its holdings in shares of Rocket Lab by 6.0% during the third quarter. Independent Advisor Alliance now owns 6,478 shares of the rocket manufacturer's stock worth $310,000 after buying an additional 368 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company's stock.
Rocket Lab Company Profile
(
Get Free Report)
Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.
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