Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) insider Frank Klein sold 36,768 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $71.95, for a total value of $2,645,457.60. Following the completion of the sale, the insider directly owned 1,088,237 shares of the company’s stock, valued at approximately $78,298,652.15. This trade represents a 3.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Frank Klein also recently made the following trade(s):
- On Monday, March 2nd, Frank Klein sold 44,482 shares of Rocket Lab stock. The shares were sold at an average price of $69.59, for a total value of $3,095,502.38.
- On Friday, January 2nd, Frank Klein sold 100,000 shares of Rocket Lab stock. The stock was sold at an average price of $72.95, for a total value of $7,295,000.00.
Rocket Lab Stock Up 2.5%
NASDAQ:RKLB traded up $1.78 on Wednesday, hitting $71.91. 17,016,500 shares of the company’s stock traded hands, compared to its average volume of 16,606,570. The company has a market cap of $38.41 billion, a PE ratio of -194.35 and a beta of 2.20. Rocket Lab Corporation has a 1 year low of $14.71 and a 1 year high of $99.58. The company has a current ratio of 4.08, a quick ratio of 2.83 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average price of $77.74 and a 200-day moving average price of $61.70.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on RKLB
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the stock. Baillie Gifford & Co. raised its position in shares of Rocket Lab by 176.1% in the third quarter. Baillie Gifford & Co. now owns 12,125,910 shares of the rocket manufacturer’s stock valued at $580,952,000 after purchasing an additional 7,734,788 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Rocket Lab by 13.4% during the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock worth $3,308,033,000 after buying an additional 5,610,469 shares during the period. Norges Bank acquired a new position in Rocket Lab in the 4th quarter valued at $341,036,000. Invesco Ltd. raised its holdings in Rocket Lab by 67.0% in the 2nd 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 during the period. Finally, Marex Group plc bought a new stake in Rocket Lab during the second quarter valued at about $74,359,000. 71.78% of the stock is owned by institutional investors.
Rocket Lab News Roundup
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Cantor Fitzgerald raised its price target to $85 (from $72) and kept an Overweight rating after Rocket Lab reported record 2025 revenue and a strong launch cadence; the analyst view reinforces buy-side confidence. Cantor lifts Rocket Lab’s (RKLB) Target
- Positive Sentiment: Rocket Lab completed a DIU hypersonic test (HASTE vehicle) and is advancing space-power tech (silicon solar arrays), expanding addressable defense and infrastructure markets beyond launch services. This diversifies revenue and strengthens government/defense relationships. Rocket Lab Lifts Scramjet-Powered Air Vehicle
- Positive Sentiment: Coverage and commentary note a $1.85B backlog with meaningful SDA (government) work and management expects ~37% conversion in 12 months — providing revenue visibility that underpins valuation and institutional buying. Rocket Lab: Neutron Slips Again…
- Neutral Sentiment: Insider selling by executives has been large and public, but institutional accumulation appears to be absorbing supply — a mixed signal that may create headline volatility while big funds keep adding exposure. Meta and Rocket Lab Insiders Sell Shares—So Why Is Wall Street Buying?
- Negative Sentiment: Management delayed Neutron’s first launch to Q4 2026 after a tank rupture during testing; Seeking Alpha warns margins could be pressured by SDA contract mix and Neutron production ramp, which could weigh near-term profitability and sentiment. Rocket Lab: Neutron Slips Again…
About Rocket Lab
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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