Key Points
- Director Matthew Rizik sold 2,500 shares of Rocket Companies on Jan. 7 at an average $21.26 for $53,150, one of many small insider sales in Dec–Jan; he still owns ~1,046,036 shares, a ~0.24% reduction consistent with routine liquidity.
- Stock surged after policy news: RKT jumped about 9.6% following reports that former President Trump floated a ~$200 billion mortgage-bond purchase plan, with media coverage and heavy call-option buying amplifying short-term bullish momentum.
- Valuation and analyst backdrop mixed: Despite 148% revenue growth and recent earnings in line with estimates, Rocket trades at a very elevated P/E (~291) with a negative net margin, and analysts’ consensus is a "Hold" with a $19.54 target, highlighting risks if policy support fades.
Rocket Companies, Inc. (NYSE:RKT - Get Free Report) Director Matthew Rizik sold 2,500 shares of the company's stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $21.26, for a total value of $53,150.00. Following the transaction, the director owned 1,046,036 shares of the company's stock, valued at approximately $22,238,725.36. The trade was a 0.24% 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 this hyperlink.
Matthew Rizik also recently made the following trade(s):
- On Monday, December 29th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $19.25, for a total value of $48,125.00.
- On Friday, December 26th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $19.38, for a total transaction of $48,450.00.
- On Wednesday, December 24th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $19.44, for a total transaction of $48,600.00.
- On Monday, December 22nd, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $18.99, for a total transaction of $47,475.00.
- On Friday, December 19th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $19.21, for a total transaction of $48,025.00.
- On Wednesday, December 17th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $18.21, for a total transaction of $45,525.00.
- On Friday, December 12th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $18.99, for a total value of $47,475.00.
- On Wednesday, December 10th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The stock was sold at an average price of $19.17, for a total value of $47,925.00.
- On Monday, December 8th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $18.78, for a total value of $46,950.00.
- On Thursday, December 4th, Matthew Rizik sold 2,500 shares of Rocket Companies stock. The shares were sold at an average price of $19.86, for a total value of $49,650.00.
Rocket Companies Trading Up 9.6%
NYSE:RKT opened at $23.29 on Friday. The stock has a market cap of $49.00 billion, a price-to-earnings ratio of 291.10 and a beta of 2.29. The company has a debt-to-equity ratio of 2.16, a quick ratio of 19.68 and a current ratio of 19.68. Rocket Companies, Inc. has a 1 year low of $10.06 and a 1 year high of $23.42. The business has a fifty day moving average of $18.77 and a 200-day moving average of $17.73.
Rocket Companies (NYSE:RKT - Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.07 earnings per share for the quarter, meeting analysts' consensus estimates of $0.07. The business had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.65 billion. Rocket Companies had a negative net margin of 1.77% and a positive return on equity of 2.83%. The company's revenue was up 148.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.08 earnings per share. Equities analysts predict that Rocket Companies, Inc. will post 0.15 earnings per share for the current year.
Trending Headlines about Rocket Companies
Here are the key news stories impacting Rocket Companies this week:
- Positive Sentiment: Policy catalyst — Former President Trump floated a roughly $200 billion mortgage bond purchase plan that would likely push mortgage rates lower and directly benefit originators/servicers like Rocket by increasing refinance and purchase activity. This is the primary driver behind the stock’s strength. Stock Market Today, Jan. 9: Rocket Companies Surges After Trump Floats $200 Billion Mortgage Bond Purchase Plan
- Positive Sentiment: Market reaction and media coverage — News outlets reported an immediate pop and after-hours jump tied to the housing-policy pledge, helping feed momentum and investor interest in RKT. Rocket Stock Pops on Trump's Plans to Buy Mortgage Bonds Rocket Companies (RKT) Stock Jumps After Hours On Trump Housing Market Pledge
- Positive Sentiment: Unusual options activity — Traders bought ~194,624 call options (about +53% vs. average), signaling speculative bullish positioning that can amplify short-term upside if momentum continues. (No article link)
- Neutral Sentiment: Insider activity — Director Matthew Rizik sold 2,500 shares at ~$21.26 (a very small portion of his ~1.05M holding). The sale was disclosed on Form 4; the size suggests routine liquidity rather than a major red flag. SEC Form 4 — Rizik sale
- Negative Sentiment: Valuation and profitability risk — Rocket trades at a very elevated P/E and still shows a negative net margin despite rapid revenue growth; those fundamentals could limit sustained upside if mortgage-rate relief fails to materialize or policy plans stall. RKT profile and financials
Analyst Ratings Changes
A number of research analysts recently commented on the stock. The Goldman Sachs Group reiterated a "neutral" rating and set a $22.00 price objective (up previously from $16.00) on shares of Rocket Companies in a research note on Wednesday, October 29th. Wells Fargo & Company increased their price target on Rocket Companies from $15.00 to $17.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 5th. Royal Bank Of Canada boosted their price objective on Rocket Companies from $17.00 to $20.00 and gave the stock a "sector perform" rating in a research note on Wednesday, October 8th. UBS Group set a $17.00 price objective on Rocket Companies and gave the company a "neutral" rating in a report on Friday, October 10th. Finally, Zacks Research raised Rocket Companies from a "strong sell" rating to a "hold" rating in a report on Tuesday, October 14th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Rocket Companies currently has an average rating of "Hold" and a consensus price target of $19.54.
Get Our Latest Stock Report on RKT
Institutional Investors Weigh In On Rocket Companies
A number of institutional investors and hedge funds have recently modified their holdings of RKT. Cloud Capital Management LLC bought a new stake in shares of Rocket Companies during the 3rd quarter worth $25,000. North Capital Inc. lifted its holdings in shares of Rocket Companies by 287.2% during the second quarter. North Capital Inc. now owns 1,820 shares of the company's stock valued at $26,000 after purchasing an additional 1,350 shares during the last quarter. SouthState Corp boosted its position in shares of Rocket Companies by 2,044.8% in the 2nd quarter. SouthState Corp now owns 2,059 shares of the company's stock valued at $29,000 after purchasing an additional 1,963 shares during the period. Miller Wealth Advisors LLC increased its stake in Rocket Companies by 65.0% in the 3rd quarter. Miller Wealth Advisors LLC now owns 1,650 shares of the company's stock worth $32,000 after purchasing an additional 650 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in Rocket Companies in the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 4.59% of the company's stock.
About Rocket Companies
(
Get Free Report)
Rocket Companies, Inc is a Detroit-based holding company whose businesses are centered on digital mortgage origination and related consumer finance and real estate services. The company grew out of the Quicken Loans franchise and completed an initial public offering in 2020. Founder Dan Gilbert remains a prominent figure associated with the firm, which operates a suite of brands that aim to simplify the home financing and buying experience through technology and scale.
The company's core activity is mortgage lending through its Rocket Mortgage platform, which offers online application, underwriting and servicing for home purchase and refinance loans.
See Also

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].