Key Points
- Director Nina Armagno sold 27,314 Rocket Lab shares at an average of $68.21 for a total of $1,863,087.94, reducing her stake by 20.05% to 108,940 shares, per an SEC filing.
- Rocket Lab has strong operational momentum and catalysts — including a roughly $805–$816 million U.S. Space Development Agency contract, 21 successful Electron launches in 2025, and recent analyst target increases — supporting revenue and sentiment.
- Despite 48% YoY revenue growth, the stock shows stretched valuation (market cap ~$41.2B, negative P/E and margins) and mixed analyst views (consensus "Moderate Buy", $61.25 target), with accelerated insider selling and a ~177% YTD run posing downside risk.
Rocket Lab Corporation (NASDAQ:RKLB - Get Free Report) Director Nina Armagno sold 27,314 shares of the business's stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $68.21, for a total transaction of $1,863,087.94. Following the completion of the transaction, the director owned 108,940 shares of the company's stock, valued at approximately $7,430,797.40. The trade was a 20.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Rocket Lab Stock Performance
Shares of RKLB opened at $77.18 on Wednesday. The company has a market cap of $41.23 billion, a price-to-earnings ratio of -203.11 and a beta of 2.20. The company has a current ratio of 3.18, a quick ratio of 2.83 and a debt-to-equity ratio of 0.32. Rocket Lab Corporation has a 12 month low of $14.71 and a 12 month high of $79.18. The business's fifty day simple moving average is $54.93 and its two-hundred day simple moving average is $48.03.
Rocket Lab (NASDAQ:RKLB - Get Free Report) last released its quarterly earnings data on Monday, November 10th. The rocket manufacturer reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.02. The company had revenue of $155.08 million for the quarter, compared to analysts' expectations of $152.45 million. Rocket Lab had a negative return on equity of 27.26% and a negative net margin of 35.64%.Rocket Lab's revenue was up 48.0% compared to the same quarter last year. During the same period last year, the firm posted ($0.10) earnings per share. Research analysts anticipate that Rocket Lab Corporation will post -0.38 earnings per share for the current fiscal year.
Trending Headlines about Rocket Lab
Here are the key news stories impacting Rocket Lab this week:
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Sherman Porfolios LLC purchased a new stake in Rocket Lab during the third quarter valued at $257,000. Keel Point LLC increased its holdings in shares of Rocket Lab by 0.4% in the 3rd quarter. Keel Point LLC now owns 51,428 shares of the rocket manufacturer's stock worth $2,464,000 after buying an additional 226 shares during the last quarter. IFP Advisors Inc raised its position in shares of Rocket Lab by 30.8% during the 3rd quarter. IFP Advisors Inc now owns 2,995 shares of the rocket manufacturer's stock valued at $143,000 after buying an additional 705 shares in the last quarter. Swiss Life Asset Management Ltd lifted its holdings in shares of Rocket Lab by 480.9% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 58,426 shares of the rocket manufacturer's stock valued at $2,799,000 after acquiring an additional 48,369 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in Rocket Lab by 28.2% in the third quarter. CIBC Private Wealth Group LLC now owns 7,948 shares of the rocket manufacturer's stock worth $381,000 after acquiring an additional 1,747 shares in the last quarter. 71.78% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the company. Baird R W upgraded Rocket Lab to a "strong-buy" rating in a research note on Thursday, October 16th. KeyCorp upped their target price on shares of Rocket Lab from $50.00 to $75.00 and gave the stock an "overweight" rating in a report on Friday, October 17th. Citigroup restated a "market perform" rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Robert W. Baird assumed coverage on Rocket Lab in a research note on Wednesday, October 15th. They set an "outperform" rating and a $83.00 target price on the stock. Finally, Wall Street Zen lowered shares of Rocket Lab from a "hold" rating to a "sell" rating in a report on Saturday, December 13th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $61.25.
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About Rocket Lab
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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.
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