Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) insider Frank Klein sold 36,768 shares of the firm’s stock in a transaction that occurred 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 sale, the insider directly owned 1,088,237 shares in the company, valued at $78,298,652.15. This trade represents a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Frank Klein also recently made the following trade(s):
- On Monday, March 2nd, Frank Klein sold 44,482 shares of Rocket Lab stock. The shares were sold at an average price of $69.59, for a total transaction of $3,095,502.38.
- On Friday, January 2nd, Frank Klein sold 100,000 shares of Rocket Lab stock. The stock was sold at an average price of $72.95, for a total transaction of $7,295,000.00.
Rocket Lab Stock Performance
RKLB stock traded up $1.78 during trading on Wednesday, reaching $71.91. 17,016,500 shares of the stock were exchanged, compared to its average volume of 16,606,570. The stock has a 50 day simple moving average of $77.74 and a 200-day simple moving average of $61.70. 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 company has a market capitalization of $38.41 billion, a P/E ratio of -194.35 and a beta of 2.20. Rocket Lab Corporation has a twelve month low of $14.71 and a twelve month high of $99.58.
Rocket Lab News Summary
- Positive Sentiment: Cantor Fitzgerald raised its price target to $85 (from $72) and kept an Overweight rating after Rocket Lab reported record 2025 revenue and a strong launch cadence; the analyst view reinforces buy-side confidence. Cantor lifts Rocket Lab’s (RKLB) Target
- Positive Sentiment: Rocket Lab completed a DIU hypersonic test (HASTE vehicle) and is advancing space-power tech (silicon solar arrays), expanding addressable defense and infrastructure markets beyond launch services. This diversifies revenue and strengthens government/defense relationships. Rocket Lab Lifts Scramjet-Powered Air Vehicle
- Positive Sentiment: Coverage and commentary note a $1.85B backlog with meaningful SDA (government) work and management expects ~37% conversion in 12 months — providing revenue visibility that underpins valuation and institutional buying. Rocket Lab: Neutron Slips Again…
- Neutral Sentiment: Insider selling by executives has been large and public, but institutional accumulation appears to be absorbing supply — a mixed signal that may create headline volatility while big funds keep adding exposure. Meta and Rocket Lab Insiders Sell Shares—So Why Is Wall Street Buying?
- Negative Sentiment: Management delayed Neutron’s first launch to Q4 2026 after a tank rupture during testing; Seeking Alpha warns margins could be pressured by SDA contract mix and Neutron production ramp, which could weigh near-term profitability and sentiment. Rocket Lab: Neutron Slips Again…
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Wilmington Savings Fund Society FSB acquired a new stake in Rocket Lab during the 3rd quarter valued at $25,000. Hara Capital LLC acquired a new position in Rocket Lab in the third quarter worth $25,000. Aventura Private Wealth LLC bought a new stake in shares of Rocket Lab during the fourth quarter worth $25,000. UMB Bank n.a. grew its holdings in shares of Rocket Lab by 352.5% during the third quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer’s stock worth $26,000 after purchasing an additional 423 shares during the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in shares of Rocket Lab in the third quarter valued at $27,000. 71.78% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on RKLB shares. KeyCorp cut Rocket Lab from an “overweight” rating to a “sector weight” rating in a research report on Thursday, January 15th. Stifel Nicolaus lifted their target price on shares of Rocket Lab from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Monday, December 22nd. Morgan Stanley raised shares of Rocket Lab from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $67.00 to $105.00 in a research note on Friday, January 16th. Cantor Fitzgerald raised their price target on shares of Rocket Lab from $72.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Finally, Weiss Ratings reaffirmed a “sell (d-)” 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 given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $75.92.
Get Our Latest Stock Report on RKLB
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.
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