Calamos Advisors LLC Sells 221,587 Shares of Rocket Lab Corporation $RKLB

Calamos Advisors LLC lessened its position in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 90.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,393 shares of the rocket manufacturer’s stock after selling 221,587 shares during the period. Calamos Advisors LLC’s holdings in Rocket Lab were worth $1,567,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of RKLB. AQR Capital Management LLC boosted its position in shares of Rocket Lab by 114.0% during the first quarter. AQR Capital Management LLC now owns 174,308 shares of the rocket manufacturer’s stock worth $3,117,000 after buying an additional 92,849 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Rocket Lab by 1,812.1% during the first quarter. NewEdge Advisors LLC now owns 36,807 shares of the rocket manufacturer’s stock worth $658,000 after buying an additional 34,882 shares in the last quarter. Jones Financial Companies Lllp raised its position in Rocket Lab by 53.8% in the 1st quarter. Jones Financial Companies Lllp now owns 15,745 shares of the rocket manufacturer’s stock valued at $282,000 after buying an additional 5,507 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Rocket Lab by 13.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 773,548 shares of the rocket manufacturer’s stock valued at $13,831,000 after buying an additional 90,758 shares during the last quarter. Finally, Focus Partners Wealth lifted its stake in Rocket Lab by 1.0% in the 1st quarter. Focus Partners Wealth now owns 67,584 shares of the rocket manufacturer’s stock valued at $1,206,000 after acquiring an additional 681 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company’s stock.

Analyst Ratings Changes

RKLB has been the subject of a number of recent research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price target on shares of Rocket Lab in a research report on Tuesday, June 30th. Morgan Stanley reiterated an “overweight” rating on shares of Rocket Lab in a report on Wednesday, July 8th. Roth Capital boosted their price objective on shares of Rocket Lab from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Clear Str upgraded shares of Rocket Lab to a “strong-buy” rating in a report on Wednesday, March 18th. Finally, KeyCorp raised shares of Rocket Lab from a “sector weight” rating to an “overweight” rating and set a $135.00 target price for the company in a research report on Monday, June 15th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $110.18.

More Rocket Lab News

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

• Positive Sentiment: Rocket Lab completed a full-duration Neutron engine test, a key milestone ahead of the rocket’s planned first launch. That reinforces progress on its next-generation launch vehicle and supports the company’s long-term growth story. RKLB Stock Rises Overnight: Rocket Lab Completes Major Engine Test Ahead of Neutron’s First Launch
• Positive Sentiment: Analysts remain constructive after Rocket Lab’s Iridium acquisition agreement, with one firm raising its price target and citing the deal as a major strategic expansion that could reshape the business. Rocket Lab (RKLB) Just Made an $8 Billion Move That Could Reshape Its Future
• Positive Sentiment: Rocket Lab continues to post strong financial momentum, with recent commentary highlighting record revenue, a growing backlog, and expanding launch infrastructure that should help increase mission capacity. Why Rocket Lab Stock Jumped 46% in the First Half of 2026 and Why It Could Rocket Even Higher
• Neutral Sentiment: Rocket Lab’s CEO defended the company’s competitive position, calling SpaceX a “friendly rival” and emphasizing that Rocket Lab has outlasted more than 100 competitors. The message supports the bull case, but it is mostly a narrative update rather than a new financial catalyst. RKLB stock recovers from 6-day rout: CEO calls SpaceX ‘friendly rival’ and says Rocket Lab outlasted over 100 competitors
• Neutral Sentiment: Some coverage points out that Rocket Lab may still look expensive even after its recent pullback, which could limit near-term upside if investors remain focused on valuation. Rocket Lab (RKLB) Is Still Expensive after a Near-50% Selloff
• Negative Sentiment: Recent reports also note CEO share sales, which can create some investor concern even if the moves are being framed as diversification rather than a direct bearish signal. CEOs Sell Millions Worth of These 3 Big Name Stocks—What It Means for Investors
• Negative Sentiment: The stock has also been volatile after a recent selloff, with some traders questioning whether the bullish Space stock narrative is already priced in despite the company’s progress. Rocket Lab Forecast: History Says RKLB Stock Could Rally from Its 200-Day Moving Average

Rocket Lab Stock Performance

NASDAQ RKLB opened at $76.20 on Thursday. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02. The firm’s fifty day moving average price is $108.95 and its two-hundred day moving average price is $87.31. Rocket Lab Corporation has a 1 year low of $37.57 and a 1 year high of $151.00. The firm has a market capitalization of $44.10 billion, a P/E ratio of -238.12 and a beta of 2.54.

Rocket Lab (NASDAQ:RKLB) last announced its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, meeting analysts’ consensus estimates of ($0.07). Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The firm had revenue of $200.35 million during the quarter, compared to analysts’ expectations of $189.65 million. During the same quarter last year, the company posted ($0.12) earnings per share. The company’s revenue for the quarter was up 63.4% compared to the same quarter last year. As a group, research analysts anticipate that Rocket Lab Corporation will post -0.26 EPS for the current year.

Insider Buying and Selling

In related news, insider Frank Klein sold 36,860 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $147.42, for a total value of $5,433,901.20. Following the completion of the sale, the insider directly owned 1,006,987 shares in the company, valued at approximately $148,450,023.54. This trade represents a 3.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Arjun Kampani sold 88,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $107.98, for a total value of $9,502,240.00. Following the completion of the sale, the senior vice president directly owned 264,705 shares of the company’s stock, valued at approximately $28,582,845.90. The trade was a 24.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,849,294 shares of company stock worth $362,816,208 in the last 90 days. 8.40% of the stock is owned by corporate insiders.

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.