EP Wealth Advisors LLC Buys New Position in Rocket Lab Corporation $RKLB

EP Wealth Advisors LLC bought a new stake in shares of Rocket Lab Corporation (NASDAQ:RKLB) in the 2nd quarter, HoldingsChannel reports. The firm bought 11,991 shares of the rocket manufacturer’s stock, valued at approximately $1,219,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Rakuten Securities Inc. purchased a new position in Rocket Lab in the 2nd quarter worth approximately $918,000. Ieq Capital LLC purchased a new stake in shares of Rocket Lab during the 2nd quarter valued at $2,586,000. Callan Family Office LLC purchased a new stake in shares of Rocket Lab during the 2nd quarter valued at $477,000. Fund Advisors of America Inc FL bought a new stake in shares of Rocket Lab during the 2nd quarter worth $713,000. Finally, Keating Financial Advisory Services Inc. bought a new stake in shares of Rocket Lab during the 2nd quarter worth $39,000. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Rocket Lab News Summary

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

• Positive Sentiment: Rocket Lab successfully completed its 93rd Electron mission, deploying an Earth-imaging satellite for Japan’s iQPS. The launch was the company’s 14th of 2026 and extended a 100% success streak for iQPS missions. Nine additional dedicated iQPS launches are booked through 2030, supporting future revenue visibility. Rocket Lab launches 93rd Electron mission
• Positive Sentiment: Recent U.S. Space Force and defense awards are strengthening Rocket Lab’s position as a national-security contractor. Highlights include participation in the NITE-STAR program, with a potential ceiling of $981 million, a protected military communications satellite-bus role, the $397 million Flatellite contract, and a record $266 million missile-defense launch award. The company’s backlog reportedly exceeds $2.3 billion.
• Positive Sentiment: CEO Peter Beck said the proposed $8 billion Iridium acquisition is intended to expand Rocket Lab’s satellite-communications capabilities without directly competing with SpaceX’s Starlink. Management is positioning the deal as a differentiated communications offering, although investors will weigh its strategic benefits against transaction and execution risks. Rocket Lab CEO discusses Iridium deal
• Neutral Sentiment: Analysts remain broadly optimistic, with a reported median price target of $120 and a separate consensus average of $110.65. However, these targets depend heavily on continued contract growth and successful Neutron development.
• Negative Sentiment: Rocket Lab remains unprofitable and recently missed quarterly EPS expectations despite beating revenue estimates. Heavy spending on Neutron has pressured margins, while a first-stage tank issue has pushed Neutron’s debut to the fourth quarter, delaying a major potential growth catalyst.
• Negative Sentiment: Valuation remains demanding after the sell-off, with the company trading at a very high sales multiple and carrying a negative earnings profile. In addition, reports show extensive insider selling—including sales by CEO Peter Beck—without reported insider purchases, which may weigh on sentiment.
• Negative Sentiment: Higher oil prices and rising long-term interest rates have raised concerns about an economic slowdown and weaker industrial orders across aerospace-related stocks. The post-IPO volatility in SpaceX has also continued to pressure the broader space sector.

Insider Transactions at Rocket Lab

In related news, insider Frank Klein sold 36,860 shares of Rocket Lab stock in a transaction on 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 transaction, the insider directly owned 1,006,987 shares of the company’s stock, valued at $148,450,023.54. The trade was a 3.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Arjun Kampani sold 88,000 shares of Rocket Lab stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $107.98, for a total transaction of $9,502,240.00. Following the completion of the transaction, the senior vice president directly owned 264,705 shares in the company, valued at approximately $28,582,845.90. The trade was a 24.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 3,749,294 shares of company stock valued at $351,008,208. Insiders own 8.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. TD Cowen upped their target price on shares of Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. KeyCorp restated an “overweight” rating on shares of Rocket Lab in a research report on Tuesday, August 11th. KGI Securities raised Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 price target for the company in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft upped their price objective on Rocket Lab from $73.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Craig Hallum increased their price objective on Rocket Lab from $98.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.65.

Rocket Lab Stock Performance

NASDAQ RKLB opened at $72.57 on Monday. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average of $81.86 and a 200-day moving average of $85.29. The firm has a market cap of $43.42 billion, a PE ratio of -268.77 and a beta of 2.60.

Rocket Lab (NASDAQ:RKLB) last issued its earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.02). Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. The company had revenue of $234.07 million for the quarter, compared to analysts’ expectations of $231.62 million. As a group, sell-side analysts forecast that Rocket Lab Corporation will post -0.2 EPS for the current year.

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.