Chicago Partners Investment Group LLC Lowers Position in Rocket Lab Corporation $RKLB

Key Points

• Chicago Partners Investment Group LLC reduced its stake in Rocket Lab by 18.9% in Q4 to 65,614 shares, worth about $4.58 million according to its Form 13F filing.
• Operational momentum includes a second dedicated JAXA launch and a new high‑performance star tracker, and a reported backlog of roughly $1.85 billion that supports pricing power and utilization upside.
• Market sentiment is mixed: short interest rose ~26.6% to ~31.5M shares (~6.3% short, ~1.4 days to cover), the consensus rating is a Moderate Buy with an average target of $83.31, and insiders have sold about 233,449 shares (~$16.5M) in the past 90 days.

Chicago Partners Investment Group LLC decreased its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLB - Free Report) by 18.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,614 shares of the rocket manufacturer's stock after selling 15,327 shares during the period. Chicago Partners Investment Group LLC's holdings in Rocket Lab were worth $4,577,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Rocket Lab during the third quarter worth about $25,000. Hara Capital LLC purchased a new position in Rocket Lab in the 3rd quarter worth approximately $25,000. Aventura Private Wealth LLC bought a new position in shares of Rocket Lab in the 4th quarter worth $25,000. UMB Bank n.a. raised its position in shares of Rocket Lab by 352.5% during the 3rd quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer's stock valued at $26,000 after buying an additional 423 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Rocket Lab by 109.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer's stock worth $28,000 after acquiring an additional 416 shares during the last quarter. 71.78% of the stock is currently owned by institutional investors.

Rocket Lab News Roundup

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

• Positive Sentiment: Completed second dedicated JAXA (Japan) launch, reinforcing government customer momentum and recurring-launch credibility. Read More.
• Positive Sentiment: Launched a next-generation High-Performance Star Tracker (ST-HP) aimed at higher-accuracy navigation in harsher radiation environments — expands space-systems product revenue potential and differentiates tech stack. Read More.
• Positive Sentiment: Industry supply tightness (Blue Origin New Glenn grounding) and Rocket Lab’s growing backlog (~$1.85B referenced in coverage) support pricing power and utilization upside for launches. Read More.
• Neutral Sentiment: Analyst and media pieces compare RKLB to peers and flag potential upside from a SpaceX IPO (increased interest in launch/satellite suppliers), but these are largely thematic and speculative. Read More.
• Neutral Sentiment: Coverage and comparisons (vs. Redwire, SpaceX valuation pieces) keep RKLB in investor focus ahead of upcoming earnings; these drive attention but not immediate fundamentals change. Read More.
• Negative Sentiment: Short interest jumped ~26.6% in April to ~31.5M shares (≈6.3% of shares short; ~1.4 days to cover). That rise increases potential volatility and suggests some investors are betting on near-term downside or profit-taking. (Short-interest data April 15)

Analyst Ratings Changes

A number of research analysts recently commented on RKLB shares. KeyCorp cut Rocket Lab from an "overweight" rating to a "sector weight" rating in a research note on Thursday, January 15th. Wall Street Zen raised Rocket Lab from a "sell" rating to a "hold" rating in a report on Sunday, February 8th. Needham & Company LLC cut their target price on Rocket Lab from $110.00 to $95.00 and set a "buy" rating for the company in a research note on Friday, February 27th. Cantor Fitzgerald reiterated an "overweight" rating and set a $85.00 price target on shares of Rocket Lab in a research report on Friday, March 13th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Rocket Lab in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $83.31.

Rocket Lab Trading Down 5.8%

Shares of RKLB stock opened at $79.68 on Friday. The business has a 50-day moving average of $71.62 and a 200 day moving average of $67.76. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.08 and a quick ratio of 3.61. Rocket Lab Corporation has a 1-year low of $20.23 and a 1-year high of $99.58. The stock has a market capitalization of $45.37 billion, a PE ratio of -215.35 and a beta of 2.20.

Insider Activity

In other Rocket Lab news, CEO Peter Beck sold 18,857 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 value of $1,312,258.63. Following the sale, the chief executive officer owned 884,085 shares of the company's stock, valued at $61,523,475.15. This trade represents a 2.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Adam C. Spice sold 62,744 shares of the company's stock in a transaction dated 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 transaction, the chief financial officer directly owned 1,296,824 shares of the company's stock, valued at approximately $90,245,982.16. This trade represents a 4.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 233,449 shares of company stock valued at $16,487,233. Corporate insiders own 11.90% of the company's stock.

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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