Intellectus Partners LLC Cuts Stake in Rocket Lab Corporation $RKLB

Intellectus Partners LLC lowered its stake in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 21.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,775 shares of the rocket manufacturer’s stock after selling 18,350 shares during the quarter. Intellectus Partners LLC’s holdings in Rocket Lab were worth $3,247,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in RKLB. Baillie Gifford & Co. raised its position in Rocket Lab by 176.1% in the third quarter. Baillie Gifford & Co. now owns 12,125,910 shares of the rocket manufacturer’s stock worth $580,952,000 after acquiring an additional 7,734,788 shares during the period. Norges Bank purchased a new position in Rocket Lab in the second quarter valued at about $164,751,000. Invesco Ltd. grew its position in shares of Rocket Lab by 67.0% during the 2nd quarter. Invesco Ltd. now owns 6,242,304 shares of the rocket manufacturer’s stock valued at $223,287,000 after acquiring an additional 2,504,054 shares during the period. Vanguard Group Inc. increased its stake in shares of Rocket Lab by 5.4% during the 3rd quarter. Vanguard Group Inc. now owns 41,809,723 shares of the rocket manufacturer’s stock worth $2,003,104,000 after purchasing an additional 2,127,565 shares during the last quarter. Finally, Marex Group plc purchased a new stake in shares of Rocket Lab during the 2nd quarter worth approximately $74,359,000. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Rocket Lab Stock Up 0.2%

Rocket Lab stock opened at $70.11 on Friday. Rocket Lab Corporation has a 1-year low of $14.71 and a 1-year high of $99.58. The firm has a market capitalization of $37.45 billion, a price-to-earnings ratio of -189.48 and a beta of 2.20. 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 simple moving average of $77.60 and a 200 day simple moving average of $61.93.

Analysts Set New Price Targets

Several equities analysts recently commented on RKLB shares. Roth Mkm reiterated a “buy” rating and issued a $75.00 price objective on shares of Rocket Lab in a research note on Tuesday, November 11th. Needham & Company LLC decreased their target price on Rocket Lab from $110.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Wall Street Zen raised Rocket Lab from a “sell” rating to a “hold” rating in a research report on Sunday, February 8th. The Goldman Sachs Group increased their price target on Rocket Lab from $47.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Finally, TD Cowen reissued a “buy” rating on shares of Rocket Lab in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.92.

Insider Activity

In other news, CFO Adam C. Spice sold 62,744 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $69.59, for a total value of $4,366,354.96. Following the completion of the transaction, the chief financial officer directly owned 1,296,824 shares of the company’s stock, valued at $90,245,982.16. This trade represents a 4.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank Klein sold 36,768 shares of Rocket Lab stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $71.95, for a total value of $2,645,457.60. Following the completion of the transaction, the insider 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 4,344,302 shares of company stock valued at $279,695,404. 11.90% of the stock is currently owned by corporate insiders.

Key Rocket Lab News

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

• Positive Sentiment: Operational cadence pickup — Rocket Lab completed two successful launches within days (its 83rd overall), demonstrating reliability and increasing near‑term revenue visibility from launch services. Read More.
• Positive Sentiment: Strong financials and backlog — Q4/FY2025 beat expectations, record ~$602M full‑year revenue, improving margins and a $1.85B backlog (includes an $816M SDA prime), which supports analyst upgrades and longer‑term revenue visibility. Read More.
• Neutral Sentiment: Analyst mix and ratings — some firms raised targets (e.g., Cantor Fitzgerald) while others stayed cautious or kept holds; consensus remains a Moderate Buy but opinions vary on Neutron timing and R&D spend. Read More.
• Negative Sentiment: Neutron delay and development risk — management pushed Neutron’s maiden flight to Q4 2026 after a Stage‑1 tank rupture in testing; higher near‑term R&D spending and timeline uncertainty weigh on margins and sentiment. Read More.
• Negative Sentiment: Insider sales — CEO, CFO and senior executives disclosed material share sales (March 2–4 filings). While company says sales are routine, multiple large insider transactions can pressure intraday liquidity and generate retail anxiety. Read More.

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.