42,400 Shares in Rocket Lab Corporation $RKLB Purchased by SPX Gestao de Recursos Ltda

Key Points

• SPX Gestao de Recursos opened a new position in Rocket Lab, buying 42,400 shares worth about $2.03 million, while institutional ownership is high (71.78%) and large investors like Norges Bank established stakes (about $164.75 million in Q2).
• Company insiders have been sizable net sellers recently — a total of 4,344,302 shares worth roughly $279.7 million were sold in the past 90 days, including notable transactions by CFO Adam C. Spice and director Merline Saintil.
• Operationally Rocket Lab reported record ~$602M FY revenue and a $1.85B backlog supporting upgrades, but the Neutron rocket was delayed to Q4 2026 and higher near‑term R&D spend raises development risk; analyst consensus remains a Moderate Buy (avg. target ~$75.92).

SPX Gestao de Recursos Ltda acquired a new position in Rocket Lab Corporation (NASDAQ:RKLB - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 42,400 shares of the rocket manufacturer's stock, valued at approximately $2,031,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Arizona State Retirement System lifted its stake in Rocket Lab by 13.6% in the third quarter. Arizona State Retirement System now owns 127,794 shares of the rocket manufacturer's stock valued at $6,123,000 after purchasing an additional 15,307 shares during the last quarter. Cadent Capital Advisors LLC bought a new stake in shares of Rocket Lab in the third quarter valued at $668,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Rocket Lab by 44.7% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 992,777 shares of the rocket manufacturer's stock valued at $35,512,000 after buying an additional 306,713 shares during the last quarter. Orion Porfolio Solutions LLC bought a new position in shares of Rocket Lab during the 2nd quarter worth $1,009,000. Finally, Norges Bank purchased a new stake in Rocket Lab in the 2nd quarter worth about $164,751,000. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rocket Lab

In other Rocket Lab news, Director Merline Saintil sold 12,500 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $90.00, for a total value of $1,125,000.00. Following the sale, the director directly owned 280,029 shares in the company, valued at $25,202,610. This represents a 4.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Adam C. Spice sold 62,744 shares of the firm's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $69.59, for a total transaction of $4,366,354.96. Following the completion of the transaction, the chief financial officer directly owned 1,296,824 shares of the company's stock, valued at approximately $90,245,982.16. The trade was a 4.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,344,302 shares of company stock worth $279,695,404 in the last ninety days. Insiders own 11.90% of the company's stock.

Key Rocket Lab News

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

• Positive Sentiment: Operational cadence pickup — Rocket Lab completed two successful launches within days (its 83rd overall), demonstrating reliability and increasing near‑term revenue visibility from launch services. Read More.
• Positive Sentiment: Strong financials and backlog — Q4/FY2025 beat expectations, record ~$602M full‑year revenue, improving margins and a $1.85B backlog (includes an $816M SDA prime), which supports analyst upgrades and longer‑term revenue visibility. Read More.
• Neutral Sentiment: Analyst mix and ratings — some firms raised targets (e.g., Cantor Fitzgerald) while others stayed cautious or kept holds; consensus remains a Moderate Buy but opinions vary on Neutron timing and R&D spend. Read More.
• Negative Sentiment: Neutron delay and development risk — management pushed Neutron’s maiden flight to Q4 2026 after a Stage‑1 tank rupture in testing; higher near‑term R&D spending and timeline uncertainty weigh on margins and sentiment. Read More.
• Negative Sentiment: Insider sales — CEO, CFO and senior executives disclosed material share sales (March 2–4 filings). While company says sales are routine, multiple large insider transactions can pressure intraday liquidity and generate retail anxiety. Read More.

Rocket Lab Trading Up 0.2%

Shares of RKLB opened at $70.11 on Friday. Rocket Lab Corporation has a twelve month low of $14.71 and a twelve month high of $99.58. The stock has a market cap of $37.45 billion, a PE ratio of -189.48 and a beta of 2.20. The company has a quick ratio of 2.83, a current ratio of 4.08 and a debt-to-equity ratio of 0.10. The business's 50-day moving average price is $77.60 and its 200-day moving average price is $61.93.

Wall Street Analysts Forecast Growth

RKLB has been the subject of a number of research reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Rocket Lab in a research report on Thursday, January 22nd. TD Cowen restated a "buy" rating on shares of Rocket Lab in a research note on Thursday, January 22nd. Zacks Research downgraded shares of Rocket Lab from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 10th. Citizens Jmp reiterated a "market perform" rating on shares of Rocket Lab in a research note on Friday, February 27th. Finally, Roth Mkm restated a "buy" rating and set a $75.00 target price on shares of Rocket Lab in a research report on Tuesday, November 11th. 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 assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $75.92.

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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