Key Points
- Frank Klein sold 100,000 shares on Jan. 2 at an average price of $72.95 for about $7.295M, trimming his stake by ~7.9% to 1,169,487 shares (SEC filing disclosed).
- Broader insider selling is significant: CFO Adam C. Spice sold ~1,365,665 shares (~50% of his position) for roughly $103.1M on Jan. 5, adding to selling pressure and investor scrutiny.
- Stock rally and valuation risk: RKLB hit a 12‑month high (~$86.25) with a market cap near $45.95B, but analysts flag stretched valuation and an average price target of ~$61.25, implying downside if growth or program timelines slip.
Rocket Lab Corporation (NASDAQ:RKLB - Get Free Report) insider Frank Klein sold 100,000 shares of the business's stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $72.95, for a total value of $7,295,000.00. Following the completion of the sale, the insider directly owned 1,169,487 shares of the company's stock, valued at approximately $85,314,076.65. This represents a 7.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Frank Klein also recently made the following trade(s):
- On Wednesday, November 26th, Frank Klein sold 4,736 shares of Rocket Lab stock. The stock was sold at an average price of $42.08, for a total value of $199,290.88.
- 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.
Rocket Lab Stock Performance
RKLB stock opened at $86.03 on Wednesday. The stock's 50 day simple moving average is $56.74 and its 200 day simple moving average is $51.33. Rocket Lab Corporation has a 12-month low of $14.71 and a 12-month high of $86.25. The firm has a market cap of $45.95 billion, a P/E ratio of -226.39 and a beta of 2.16. 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 (NASDAQ:RKLB - Get Free Report) last released its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The firm had revenue of $155.08 million during the quarter, compared to analyst estimates of $152.45 million. During the same quarter in the previous year, the firm earned ($0.10) earnings per share. The firm's revenue for the quarter was up 48.0% compared to the same quarter last year. As a group, equities research analysts predict that Rocket Lab Corporation will post -0.38 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Rocket Lab by 5.4% during the 3rd quarter. Vanguard Group Inc. now owns 41,809,723 shares of the rocket manufacturer's stock valued at $2,003,104,000 after purchasing an additional 2,127,565 shares in the last quarter. Capital World Investors lifted its holdings in shares of Rocket Lab by 9.4% in the third quarter. Capital World Investors now owns 14,462,103 shares of the rocket manufacturer's stock valued at $692,879,000 after buying an additional 1,242,547 shares during the period. State Street Corp boosted its stake in Rocket Lab by 13.6% during the third quarter. State Street Corp now owns 12,399,571 shares of the rocket manufacturer's stock valued at $594,063,000 after buying an additional 1,487,237 shares in the last quarter. Baillie Gifford & Co. grew its holdings in Rocket Lab by 176.1% during the third quarter. Baillie Gifford & Co. now owns 12,125,910 shares of the rocket manufacturer's stock worth $580,952,000 after acquiring an additional 7,734,788 shares during the period. Finally, Invesco Ltd. raised its position in Rocket Lab by 67.0% in the second quarter. Invesco Ltd. now owns 6,242,304 shares of the rocket manufacturer's stock worth $223,287,000 after acquiring an additional 2,504,054 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company's stock.
Rocket Lab News Summary
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Retail momentum and sector tailwinds are driving interest in RKLB: Rocket Lab was named one of the top retail picks for 2026, reflecting sustained Main Street conviction and exposure to renewed investor enthusiasm around the space sector. 5 Stocks Retail Investors Are Betting on for 2026
- Positive Sentiment: Recent fundamentals cited by market write-ups (Q3 revenue beat and strong year-over-year growth) and analysts raising targets for defense-related contracts support the growth story and justify some of the rally. Rocket Lab (RKLB) Stock: Climbs 55% in One Month Despite CEO Selling $90 Million
- Neutral Sentiment: Short-term outperformance versus the broader market noted by analysts and screens — useful for momentum traders but not a substitute for valuation or fundamentals analysis. Why Rocket Lab Corporation (RKLB) Outpaced the Stock Market Today
- Negative Sentiment: Major insider selling from the CFO: Adam C. Spice sold 1,365,665 shares (~50% reduction in his position) for roughly $103.1M on Jan 5 — a large, high-profile transaction that can be perceived negatively by the market. SEC filing: CFO Sale SEC Filing
- Negative Sentiment: Additional insider sale: Frank Klein sold 100,000 shares on Jan 2 for ~$7.3M, trimming his stake ~7.9%; another data point that increases selling supply and investor scrutiny. SEC filing: Frank Klein Sale SEC Filing
- Negative Sentiment: Valuation risk: several commentary pieces warn the post-rally valuation is stretched and some analyst averages imply downside from current levels — a key risk if growth or Neutron program timelines slip. Why Rocket Lab’s Sky-High Valuation Is a Big Risk in 2026
Analyst Ratings Changes
A number of brokerages have recently weighed in on RKLB. Citigroup reiterated a "market perform" rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Bank of America increased their price objective on shares of Rocket Lab from $50.00 to $60.00 and gave the stock a "buy" rating in a report on Wednesday, November 19th. Weiss Ratings reissued a "sell (d-)" rating on shares of Rocket Lab in a research note on Wednesday, October 8th. Robert W. Baird began coverage on shares of Rocket Lab in a research note on Wednesday, October 15th. They issued an "outperform" rating and a $83.00 price target on the stock. Finally, Morgan Stanley cut their price target on Rocket Lab from $68.00 to $67.00 and set an "equal weight" rating on the stock in a report on Wednesday, November 12th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $61.25.
Get Our Latest Stock Analysis on RKLB
Rocket Lab Company Profile
(
Get Free Report)
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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