Rocket Lab (NASDAQ:RKLB) Insider Sells $2,216,820.93 in Stock

May 29, 2026 by InsiderTrades.com

Key Points

Rocket Lab CFO Adam Spice sold 62,744 shares for about $8.95 million in a pre-arranged Rule 10b5-1 transaction, with the company saying the sale was tied to tax withholding on vested equity awards.
The stock was recently trading near $148, close to its 52-week high of $151, and Rocket Lab now has a market capitalization of about $85.7 billion.
Rocket Lab’s latest earnings beat revenue expectations, with Q1 revenue up 63.4% year over year to $200.35 million, while analysts currently hold a Moderate Buy consensus and an average price target of $97.19.

Rocket Lab Corporation (NASDAQ:RKLB - Get Free Report) insider Marvin Bradford Clevenger sold 15,549 shares of the company's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total value of $2,216,820.93. Following the completion of the sale, the insider directly owned 477,475 shares of the company's stock, valued at $68,073,610.75. The trade was a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Rocket Lab Price Performance

Rocket Lab Keeps Making Headlines and Highs—Here's What's Driving the Latest Move

Shares of NASDAQ RKLB opened at $148.03 on Friday. Rocket Lab Corporation has a 1-year low of $25.24 and a 1-year high of $151.00. The business has a 50-day moving average of $90.65 and a 200-day moving average of $75.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.47 and a quick ratio of 4.02. The company has a market capitalization of $85.67 billion, a price-to-earnings ratio of -462.59 and a beta of 2.30.

Rocket Lab (NASDAQ:RKLB - Get Free Report) last issued its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The company had revenue of $200.35 million during the quarter, compared to the consensus estimate of $189.65 million. During the same quarter in the prior year, the business earned ($0.12) earnings per share. The company's revenue was up 63.4% compared to the same quarter last year. On average, equities analysts anticipate that Rocket Lab Corporation will post -0.29 EPS for the current fiscal year.

More Rocket Lab News

SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns

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

Positive Sentiment: Rocket Lab continues to benefit from a major defense-contract milestone, with its SDA missile defense work reportedly passing key requirements and helping push total defense awards above $1.3 billion. Rocket Lab Hits Key SDA Milestone, Expands Defense Footprint
Positive Sentiment: Investor enthusiasm for the broader space trade remains strong, fueled by SpaceX IPO buzz that has lifted peer valuations and kept attention on Rocket Lab as one of the public-market beneficiaries of the theme. Is Rocket Lab Corporation (RKLB) Among the Best Space Stocks to Buy According to Reddit and Social Media?
Positive Sentiment: Recent coverage also pointed to Rocket Lab’s growing defense footprint and improving revenue momentum, reinforcing the bull case that the company is scaling into a more meaningful space-defense contractor. Rocket Lab (RKLB) Stock Soars as Defense Contracts Surpass $1.3 Billion Milestone
Neutral Sentiment: Rocket Lab also drew a technical boost from the “SpaceX IPO wave,” as traders rotated into space names on speculation that SpaceX’s public debut could re-rate the sector. The $90 Million Reason Rocket Lab Is Flying Higher Today
Negative Sentiment: However, a cluster of insider sales disclosed this week could weigh on sentiment, even though the trades were tied to equity vesting and tax withholding under pre-arranged 10b5-1 plans. Arjun Kampani Insider Trading Activity
Negative Sentiment: Blue Origin’s New Glenn hotfire test failure also briefly pressured space stocks, with Rocket Lab reportedly down as investors reassessed risk across the sector after the incident. Blue Origin New Glenn Rocket Erupts in Flames During Hotfire Test at Cape Canaveral

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of RKLB. Aventura Private Wealth LLC bought a new position in Rocket Lab during the 4th quarter worth approximately $25,000. UMB Bank n.a. lifted its holdings in Rocket Lab by 352.5% during the 3rd quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer's stock worth $26,000 after buying an additional 423 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new position in Rocket Lab during the 4th quarter worth approximately $27,000. Zions Bancorporation National Association UT bought a new position in Rocket Lab during the 4th quarter worth approximately $28,000. Finally, EverSource Wealth Advisors LLC lifted its holdings 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 buying an additional 416 shares during the last quarter. Institutional investors own 71.78% of the company's stock.

Wall Street Analysts Forecast Growth

MarketBeat Week in Review – 05/11 - 05/15

Several brokerages have recently weighed in on RKLB. Wall Street Zen raised Rocket Lab from a "sell" rating to a "hold" rating in a research report on Sunday, February 8th. Cantor Fitzgerald reissued an "overweight" rating on shares of Rocket Lab in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price target on Rocket Lab from $73.00 to $120.00 and gave the company a "buy" rating in a report on Tuesday, May 12th. Weiss Ratings reissued a "sell (d-)" rating on shares of Rocket Lab in a report on Tuesday, April 21st. Finally, Zacks Research downgraded Rocket Lab from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 10th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Rocket Lab has an average rating of "Moderate Buy" and a consensus price target of $97.19.

Get Our Latest Analysis on Rocket Lab

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.