Key Points
- Frank Klein sold 4,736 Rocket Lab shares on Nov. 26 at an average of $42.08 for $199,290.88, reducing his stake by 0.37% to 1,269,487 shares (worth ~$53.42M) per the SEC filing.
- Klein has been selling repeatedly this fall, including 41,782 shares on Nov. 24 (~$1.70M), 45,535 shares on Sep. 16 (~$2.23M) and 4,286 shares on Sep. 17 (~$204.5K), indicating significant insider liquidation.
- Rocket Lab shares are down ~1.6% (one‑year range $14.71–$73.97); the company beat recent revenue and EPS estimates with revenue up 48% YoY but remains unprofitable, and analysts hold a consensus "Moderate Buy" with a $58.17 target.
Rocket Lab Corporation (NASDAQ:RKLB - Get Free Report) insider Frank Klein sold 4,736 shares of the firm's stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $42.08, for a total transaction of $199,290.88. Following the completion of the transaction, the insider directly owned 1,269,487 shares in the company, valued at $53,420,012.96. This represents a 0.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Frank Klein also recently made the following trade(s):
- On Monday, November 24th, Frank Klein sold 41,782 shares of Rocket Lab stock. The stock was sold at an average price of $40.65, for a total value of $1,698,438.30.
- On Wednesday, September 17th, Frank Klein sold 4,286 shares of Rocket Lab stock. The stock was sold at an average price of $47.72, for a total value of $204,527.92.
- On Tuesday, September 16th, Frank Klein sold 45,535 shares of Rocket Lab stock. The stock was sold at an average price of $48.97, for a total value of $2,229,848.95.
Rocket Lab Stock Down 1.6%
NASDAQ RKLB opened at $41.93 on Thursday. Rocket Lab Corporation has a one year low of $14.71 and a one year high of $73.97. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.83 and a current ratio of 3.18. The business has a fifty day moving average price of $54.79 and a 200 day moving average price of $44.00. The company has a market cap of $22.40 billion, a P/E ratio of -110.34 and a beta of 2.16.
Rocket Lab (NASDAQ:RKLB - Get Free Report) last posted its quarterly earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. The firm had revenue of $155.08 million for the quarter, compared to the consensus estimate of $152.45 million. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The company's revenue for the quarter was up 48.0% on a year-over-year basis. During the same period last year, the firm posted ($0.10) earnings per share. Rocket Lab has set its Q4 2025 guidance at EPS. Research analysts anticipate that Rocket Lab Corporation will post -0.38 EPS for the current fiscal year.
Analyst Ratings Changes
Several analysts have recently weighed in on RKLB shares. Roth Capital reissued a "buy" rating and issued a $75.00 price target on shares of Rocket Lab in a research note on Tuesday, November 11th. Morgan Stanley lowered their price objective on shares of 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. Citigroup reissued a "market perform" rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Baird R W raised Rocket Lab to a "strong-buy" rating in a research report on Thursday, October 16th. Finally, Bank of America lifted their target price on Rocket Lab from $50.00 to $60.00 and gave the company a "buy" rating in a report on Wednesday, November 19th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Rocket Lab currently has an average rating of "Moderate Buy" and a consensus target price of $58.17.
Get Our Latest Stock Report on Rocket Lab
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB purchased a new position in Rocket Lab during the 3rd quarter worth $25,000. Hara Capital LLC acquired a new stake in Rocket Lab in the third quarter valued at $25,000. UMB Bank n.a. raised its position in Rocket Lab by 352.5% during the third quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer's stock worth $26,000 after acquiring an additional 423 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in Rocket Lab in the 3rd quarter valued at approximately $27,000. Finally, EverSource Wealth Advisors LLC increased its position in Rocket Lab by 109.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer's stock worth $28,000 after purchasing an additional 416 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company's stock.
About Rocket Lab
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
