Frank Klein Sells 100,000 Shares of Rocket Lab (NASDAQ:RKLB) Stock

Rocket Lab Corporation (NASDAQ:RKLB) insider Frank Klein sold 100,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was 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 $85,314,076.65. The trade was a 7.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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 Up 10.1%

NASDAQ:RKLB traded up $7.89 during trading hours on Tuesday, hitting $86.03. The stock had a trading volume of 43,429,544 shares, compared to its average volume of 36,132,031. The company has a market cap of $45.95 billion, a PE ratio of -226.39 and a beta of 2.16. The business has a 50 day simple moving average of $56.74 and a two-hundred day simple moving average of $51.33. Rocket Lab Corporation has a 1-year low of $14.71 and a 1-year high of $86.25. 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) last posted its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. The business had revenue of $155.08 million for the quarter, compared to analysts’ expectations of $152.45 million. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The business’s revenue for the quarter was up 48.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.10) earnings per share. Analysts predict that Rocket Lab Corporation will post -0.38 EPS for the current year.

Institutional Trading of Rocket Lab

Several hedge funds and other institutional investors have recently bought and sold shares of RKLB. Avior Wealth Management LLC raised its stake in Rocket Lab by 4.1% during the fourth quarter. Avior Wealth Management LLC now owns 11,063 shares of the rocket manufacturer’s stock valued at $772,000 after buying an additional 435 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of Rocket Lab by 9.4% in the 4th quarter. Park Avenue Securities LLC now owns 13,741 shares of the rocket manufacturer’s stock worth $959,000 after acquiring an additional 1,181 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Rocket Lab by 55.0% in the 4th quarter. GAMMA Investing LLC now owns 3,693 shares of the rocket manufacturer’s stock valued at $258,000 after acquiring an additional 1,310 shares during the last quarter. Sherman Porfolios LLC acquired a new stake in shares of Rocket Lab during the 3rd quarter valued at approximately $257,000. Finally, Keel Point LLC raised its position in shares of Rocket Lab by 0.4% during the 3rd quarter. Keel Point LLC now owns 51,428 shares of the rocket manufacturer’s stock valued at $2,464,000 after acquiring an additional 226 shares in the last quarter. 71.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Cantor Fitzgerald restated an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, December 3rd. Robert W. Baird initiated coverage on Rocket Lab in a report on Wednesday, October 15th. They issued an “outperform” rating and a $83.00 price target for the company. Needham & Company LLC raised their price objective on Rocket Lab from $63.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. KeyCorp upped their target price on Rocket Lab from $50.00 to $75.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Finally, Baird R W upgraded Rocket Lab to a “strong-buy” rating in a research note on Thursday, October 16th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.25.

More Rocket Lab News

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

• Positive Sentiment: Recent operational and analyst catalysts support the growth narrative: Rocket Lab reported strong revenue growth (quarterly revenue ~ $155M, +48% YoY) and has secured large satellite/defense work that prompted some firms to raise targets — boosts that underpin upside expectations. Rocket Lab (RKLB) Stock: Climbs 55% in One Month Despite CEO Selling $90 Million 5 Stocks Retail Investors Are Betting on for 2026 (RKLB)
• Positive Sentiment: Strong retail demand and momentum trade flow: RKLB is a top retail pick and has seen heavy inflows and rapidly rising sentiment, which can amplify moves on positive headlines and sector momentum. 5 Stocks Retail Investors Are Betting on for 2026 (RKLB)
• Neutral Sentiment: Technical/volume context: the stock is trading above key moving averages with volume modestly elevated vs. average, supporting continued momentum but also increasing volatility risk. Rocket Lab (RKLB) Stock: Climbs 55% in One Month Despite CEO Selling $90 Million Why Rocket Lab Corporation (RKLB) Outpaced the Stock Market Today
• Negative Sentiment: Insider selling: reports note the CEO sold roughly $90M in shares — a headline that can weigh on sentiment, even if the market has thus far held up. Rocket Lab (RKLB) Stock: Climbs 55% in One Month Despite CEO Selling $90 Million
• Negative Sentiment: Valuation risk after a steep run: several commentary pieces flag a very high valuation and the risk of mean reversion after large gains; some analyst targets remain well below current levels, implying material downside if growth disappoints or sector sentiment fades. Why Rocket Lab’s Sky-High Valuation Is a Big Risk in 2026

Rocket Lab Company Profile

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.