Insider Selling: Rocket Lab (NASDAQ:RKLB) Insider Sells $513,345.00 in Stock

Rocket Lab Corporation (NASDAQ:RKLB) insider Marvin Bradford Clevenger sold 3,500 shares of Rocket Lab stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $146.67, for a total value of $513,345.00. Following the sale, the insider directly owned 473,975 shares in the company, valued at approximately $69,517,913.25. The trade was a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Marvin Bradford Clevenger also recently made the following trade(s):

• On Tuesday, May 26th, Marvin Bradford Clevenger sold 15,549 shares of Rocket Lab stock. The shares were sold at an average price of $142.57, for a total value of $2,216,820.93.

Rocket Lab Stock Performance

Rocket Lab stock opened at $114.70 on Thursday. The stock’s 50 day simple moving average is $95.20 and its two-hundred day simple moving average is $77.95. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.02 and a current ratio of 4.47. The stock has a market cap of $66.38 billion, a price-to-earnings ratio of -358.44 and a beta of 2.49. Rocket Lab Corporation has a fifty-two week low of $25.24 and a fifty-two week high of $151.00.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, hitting analysts’ consensus estimates of ($0.07). The firm had revenue of $200.35 million for the quarter, compared to analysts’ expectations of $189.65 million. Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The business’s revenue for the quarter was up 63.4% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.12) EPS. As a group, analysts expect that Rocket Lab Corporation will post -0.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on RKLB shares. Deutsche Bank Aktiengesellschaft upped their price target on Rocket Lab from $73.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Zacks Research downgraded Rocket Lab from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Citigroup restated an “outperform” rating on shares of Rocket Lab in a research note on Friday, May 8th. Needham & Company LLC upped their price target on Rocket Lab from $95.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Finally, Clear Str upgraded Rocket Lab to a “strong-buy” rating in a research note on Wednesday, March 18th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Rocket Lab presently has a consensus rating of “Moderate Buy” and a consensus target price of $97.19.

Hedge Funds Weigh In On Rocket Lab

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RKLB. Baillie Gifford & Co. lifted its position in Rocket Lab by 47.2% in the 4th quarter. Baillie Gifford & Co. now owns 17,851,446 shares of the rocket manufacturer’s stock valued at $1,245,317,000 after acquiring an additional 5,725,536 shares in the last quarter. Vanguard Group Inc. lifted its position in Rocket Lab by 13.4% in the 4th quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after acquiring an additional 5,610,469 shares in the last quarter. Norges Bank bought a new position in Rocket Lab in the 4th quarter valued at approximately $341,036,000. Alliancebernstein L.P. lifted its position in Rocket Lab by 818.8% in the 3rd quarter. Alliancebernstein L.P. now owns 2,190,132 shares of the rocket manufacturer’s stock valued at $104,929,000 after acquiring an additional 1,951,755 shares in the last quarter. Finally, Capital World Investors lifted its position in Rocket Lab by 12.0% in the 4th quarter. Capital World Investors now owns 16,200,726 shares of the rocket manufacturer’s stock valued at $1,130,172,000 after acquiring an additional 1,738,623 shares in the last quarter. 71.78% of the stock is owned by institutional investors.

Key Headlines Impacting Rocket Lab

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

• Positive Sentiment: Rocket Lab’s business momentum remains strong, with Q1 FY26 backlog rising to a record $2 billion and revenue up 63% year over year, reinforcing the case that growth is being driven by spacecraft manufacturing and space systems, not just launches.
• Positive Sentiment: Several articles highlight Rocket Lab’s improving long-term position as a vertically integrated defense and space contractor, with direct government contracts and expanding capabilities seen as key catalysts for future growth.
• Neutral Sentiment: Analyst commentary remains broadly constructive, including a recent upgrade to Buy, but some research notes also caution that Neutron development, supply-chain constraints, and government-program dependence remain execution risks. Rocket Lab Upgraded To Buy: A New Era Of Growth
• Neutral Sentiment: Rocket Lab’s recent run has been extremely strong, so some of today’s weakness may reflect normal profit-taking after a large advance rather than a fundamental problem. Rocket Lab Stock Soars 72% in Three Months: Can the Rise Continue?
• Negative Sentiment: Multiple insider sales, including transactions by senior executives and directors, are weighing on sentiment and may add to near-term pressure on the shares.
• Negative Sentiment: Broader space-sector weakness tied to SpaceX IPO buzz has also hit RKLB, as investors reassess whether capital will rotate into the new listing and away from public space names.

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.