Key Points
- Insider sale: Director Matthew Rizik sold 2,500 Rocket Companies shares on Nov. 25 at an average price of $19.29 for $48,225, trimming his stake by 0.25% to 1,005,684 shares valued at about $19.4M.
- Company results and market view: Rocket reported Q3 EPS of $0.07 (in line) and revenue of $1.78B (beat), with revenue up 148.1% year‑over‑year; the stock trades near $20 (12‑month range $10.06–$22.56) and carries a consensus "Hold" rating with an $18.18 average price target.
Rocket Companies, Inc. (NYSE:RKT - Get Free Report) Director Matthew Rizik sold 2,500 shares of Rocket Companies stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $19.29, for a total transaction of $48,225.00. Following the completion of the transaction, the director owned 1,005,684 shares in the company, valued at approximately $19,399,644.36. This trade represents a 0.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Matthew Rizik also recently made the following trade(s):
- On Monday, November 17th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $16.70, for a total value of $41,750.00.
- On Thursday, November 13th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $17.47, for a total value of $43,675.00.
Rocket Companies Stock Up 1.2%
Shares of Rocket Companies stock opened at $19.98 on Friday. Rocket Companies, Inc. has a 12-month low of $10.06 and a 12-month high of $22.56. The firm has a market capitalization of $42.04 billion, a PE ratio of 249.72 and a beta of 2.21. The company has a quick ratio of 19.68, a current ratio of 19.68 and a debt-to-equity ratio of 2.16. The stock's fifty day moving average is $17.61 and its 200-day moving average is $16.37.
Rocket Companies (NYSE:RKT - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.07 earnings per share for the quarter, hitting analysts' consensus estimates of $0.07. The firm had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.65 billion. Rocket Companies had a positive return on equity of 2.83% and a negative net margin of 1.77%.Rocket Companies's revenue was up 148.1% on a year-over-year basis. During the same quarter last year, the business posted $0.08 EPS. Rocket Companies has set its Q4 2025 guidance at EPS. Equities analysts anticipate that Rocket Companies, Inc. will post 0.15 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of RKT. Cloud Capital Management LLC acquired a new stake in shares of Rocket Companies during the 3rd quarter valued at about $25,000. Miller Wealth Advisors LLC raised its position in Rocket Companies by 65.0% during the third quarter. Miller Wealth Advisors LLC now owns 1,650 shares of the company's stock valued at $32,000 after acquiring an additional 650 shares in the last quarter. North Capital Inc. lifted its stake in Rocket Companies by 287.2% in the second quarter. North Capital Inc. now owns 1,820 shares of the company's stock valued at $26,000 after acquiring an additional 1,350 shares during the last quarter. Private Capital Management LLC acquired a new stake in Rocket Companies in the third quarter valued at approximately $182,000. Finally, Newbridge Financial Services Group Inc. grew its position in Rocket Companies by 875.0% in the third quarter. Newbridge Financial Services Group Inc. now owns 1,950 shares of the company's stock worth $38,000 after acquiring an additional 1,750 shares in the last quarter. 4.59% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on RKT shares. The Goldman Sachs Group restated a "neutral" rating and issued a $22.00 price target (up previously from $16.00) on shares of Rocket Companies in a research report on Wednesday, October 29th. Weiss Ratings reissued a "sell (d)" rating on shares of Rocket Companies in a research note on Wednesday, October 8th. Morgan Stanley raised their target price on Rocket Companies from $16.00 to $18.00 and gave the stock an "equal weight" rating in a research report on Monday, September 29th. Wall Street Zen lowered Rocket Companies from a "hold" rating to a "sell" rating in a research report on Saturday, November 8th. Finally, BTIG Research reissued a "buy" rating and issued a $25.00 price objective on shares of Rocket Companies in a research note on Wednesday, November 19th. Four equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $18.18.
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About Rocket Companies
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Rocket Companies, Inc, a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.
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