Rocket Lab Corporation $RKLB Shares Bought by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan grew its holdings in Rocket Lab Corporation (NASDAQ:RKLB) by 506.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 382,309 shares of the rocket manufacturer’s stock after purchasing an additional 319,314 shares during the period. Nissay Asset Management Corp Japan’s holdings in Rocket Lab were worth $38,862,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of RKLB. Meeder Asset Management Inc. acquired a new stake in shares of Rocket Lab during the 2nd quarter worth about $30,000. Mcguire Capital Advisors Inc. acquired a new position in Rocket Lab in the fourth quarter valued at about $27,000. Keating Financial Advisory Services Inc. purchased a new position in Rocket Lab during the second quarter worth about $39,000. Beacon Investment Advisory Services Inc. boosted its stake in Rocket Lab by 364.0% during the second quarter. Beacon Investment Advisory Services Inc. now owns 399 shares of the rocket manufacturer’s stock worth $41,000 after buying an additional 313 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Rocket Lab during the fourth quarter valued at about $28,000. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Bank of America boosted their price target on shares of Rocket Lab from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. BTIG Research reaffirmed a “hold” rating on shares of Rocket Lab in a research report on Tuesday, May 12th. New Street Research initiated coverage on shares of Rocket Lab in a report on Wednesday, May 13th. They issued a “buy” rating and a $150.00 target price for the company. Cantor Fitzgerald boosted their target price on Rocket Lab from $96.00 to $122.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Finally, Stifel Nicolaus set a $132.00 price target on Rocket Lab in a research note on Thursday, June 4th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Rocket Lab currently has an average rating of “Moderate Buy” and an average price target of $110.65.

Rocket Lab News Summary

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

• Positive Sentiment: Defense and space-systems demand remain important growth drivers. Rocket Lab is benefiting from its selection by Viasat to build spacecraft buses for the U.S. Space Force’s Protected Tactical SATCOM-Global program. Its HASTE hypersonic test platform is also expanding the company’s exposure to Pentagon missions, supporting the view that Rocket Lab is more than an Electron launch provider. Rocket Lab HASTE defense coverage
• Positive Sentiment: Electron execution and analyst revisions offer potential support. Rocket Lab has reached 93 Electron launches, while some analysts have raised earnings estimates. A hammer chart pattern has also prompted bottom-fishing interest after the decline. Rocket Lab bottom-fisher coverage
• Neutral Sentiment: Analysts remain broadly bullish, but the valuation requires strong execution. Rocket Lab carries a reported “Moderate Buy” consensus and an average price target of $110.65, but the company remains unprofitable and trades at a high valuation relative to current earnings. Its elevated beta also leaves the stock vulnerable to sharp swings.
• Negative Sentiment: Neutron timing is the largest operational risk. Reports that the medium-lift Neutron rocket’s first launch could slip into 2027 have weakened a key investment thesis. The delay would postpone a major revenue and valuation catalyst while extending development costs. Rocket Lab Neutron timeline coverage
• Negative Sentiment: Insider selling adds to near-term pressure. Five executives sold approximately $5.5 million of shares, including sizable sales by the CFO and COO. The transactions were made under Rule 10b5-1 plans to cover tax withholding on vested restricted stock units, reducing their significance, though no comparable insider buying was reported. Rocket Lab executive sale coverage
• Negative Sentiment: Profitability remains a concern. Rocket Lab’s latest quarterly revenue exceeded expectations, but its $0.08-per-share loss was wider than forecast. Continued annual losses make the stock particularly sensitive to acquisition uncertainty, Neutron delays, and any slowdown in launch or defense growth.

Insider Activity

In related news, insider Frank Klein sold 35,558 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $66.61, for a total transaction of $2,368,518.38. Following the sale, the insider directly owned 925,737 shares of the company’s stock, valued at $61,663,341.57. This represents a 3.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Adam C. Spice sold 9,677 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $69.63, for a total transaction of $673,809.51. Following the sale, the chief financial officer owned 1,155,967 shares in the company, valued at approximately $80,489,982.21. This trade represents a 0.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 3,524,214 shares of company stock worth $309,110,848 over the last 90 days. Company insiders own 8.40% of the company’s stock.

Rocket Lab Stock Performance

NASDAQ RKLB opened at $64.39 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.48 and a quick ratio of 4.98. The company has a market cap of $38.53 billion, a P/E ratio of -238.47 and a beta of 2.60. The stock has a 50-day moving average of $77.80 and a two-hundred day moving average of $84.98. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02). Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%.The business had revenue of $234.07 million for the quarter, compared to analyst estimates of $231.62 million. As a group, analysts anticipate 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.