Rocket Lab (NASDAQ:RKLB) Trading Down 2.3% on Insider Selling

Rocket Lab Corporation (NASDAQ:RKLB) dropped 2.3% on Wednesday after an insider sold shares in the company. The stock traded as low as $81.85 and last traded at $84.0660. Approximately 28,294,787 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 34,213,625 shares. The stock had previously closed at $86.03.

Specifically, insider Frank Klein sold 100,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $72.95, for a total transaction 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 approximately $85,314,076.65. The trade was a 7.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Adam C. Spice sold 1,365,665 shares of Rocket Lab stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $75.50, for a total transaction of $103,107,707.50. Following the sale, the chief financial officer owned 1,359,568 shares of the company’s stock, valued at approximately $102,647,384. This represents a 50.11% decrease in their position. The SEC filing for this sale provides additional information.

Analyst Ratings Changes

A number of brokerages have issued reports on RKLB. KeyCorp raised their price objective on shares of Rocket Lab from $50.00 to $75.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Citigroup restated a “market perform” rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Baird R W upgraded Rocket Lab to a “strong-buy” rating in a report on Thursday, October 16th. Roth Capital restated a “buy” rating and set a $75.00 target price on shares of Rocket Lab in a report on Tuesday, November 11th. Finally, Morgan Stanley decreased their target price on Rocket Lab from $68.00 to $67.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $61.25.

More Rocket Lab News

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

• Positive Sentiment: Won a major U.S. Space Force contract — Rocket Lab landed an $816 million prime award to build 18 missile‑defense satellites (Tracking Layer Tranche 3), a clear catalyst that accelerated the stock’s break to all‑time highs. Why Rocket Lab (RKLB) Is Up 22.1% After Landing an $816 Million Space Force Contract – And What’s Next
• Positive Sentiment: Solid recent fundamentals and execution — revenue beats and big year‑over‑year growth (Q3 revenue +48%) support upside expectations for government and commercial work. Rocket Lab (RKLB) Stock: Climbs 55% in One Month Despite CEO Selling $90 Million
• Neutral Sentiment: Sector and retail momentum helped amplify the move — space/defense stocks and retail flows have pushed RKLB higher; MarketBeat and other writeups highlight upcoming catalysts (Neutron development milestones, maiden launch) that will matter more than short‑term price action. Rocket Lab’s Rally Isn’t Random—Big Catalysts Are Ahead
• Negative Sentiment: Large, high‑profile insider selling — CFO Adam Spice sold ~1.37M shares (~$103M) and other insiders (Frank Klein) sold shares recently; big insider dispositions have increased selling pressure and sparked profit‑taking. CFO Sale SEC Filing
• Negative Sentiment: Valuation concerns and cautionary analyst notes — multiple pieces call RKLB richly valued after the run (very high price‑to‑sales and premium expectations); some analysts’ targets imply downside if execution or Neutron timing slips. What’s Happening With RKLB Stock?
• Negative Sentiment: Short‑term profit‑taking and headlines driving intraday weakness — coverage noting rapid gains (50–70%+ month moves) and recent insider sales explain why the stock is sliding today despite the larger strategic wins. Why Rocket Lab (RKLB) shares are sliding today

Rocket Lab Price Performance

The company has a current ratio of 3.18, a quick ratio of 2.83 and a debt-to-equity ratio of 0.32. The company has a fifty day moving average price of $56.74 and a two-hundred day moving average price of $51.33. The firm has a market cap of $44.90 billion, a P/E ratio of -221.23 and a beta of 2.16.

Rocket Lab (NASDAQ:RKLB) last posted its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. Rocket Lab had a negative return on equity of 27.26% and a negative net margin of 35.64%.The business had revenue of $155.08 million during the quarter, compared to analysts’ expectations of $152.45 million. During the same period in the prior year, the business earned ($0.10) EPS. Rocket Lab’s revenue for the quarter was up 48.0% compared to the same quarter last year. Equities analysts anticipate that Rocket Lab Corporation will post -0.38 earnings per share for the current year.

Institutional Trading of Rocket Lab

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Rocket Lab by 5.4% during the third quarter. Vanguard Group Inc. now owns 41,809,723 shares of the rocket manufacturer’s stock worth $2,003,104,000 after buying an additional 2,127,565 shares during the period. Capital World Investors lifted its stake in Rocket Lab by 9.4% in the 3rd quarter. Capital World Investors now owns 14,462,103 shares of the rocket manufacturer’s stock valued at $692,879,000 after acquiring an additional 1,242,547 shares in the last quarter. State Street Corp boosted its position in Rocket Lab by 13.6% during the 3rd quarter. State Street Corp now owns 12,399,571 shares of the rocket manufacturer’s stock worth $594,063,000 after acquiring an additional 1,487,237 shares during the last quarter. Baillie Gifford & Co. grew its stake in shares of Rocket Lab by 176.1% during the 3rd 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 in the last quarter. Finally, Invesco Ltd. grew its stake 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 worth $223,287,000 after acquiring an additional 2,504,054 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company’s stock.

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.