Integrity Alliance LLC. Invests $179,000 in Rocket Lab Corporation $RKLB

Integrity Alliance LLC. purchased a new position in shares of Rocket Lab Corporation (NASDAQ:RKLB - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,013 shares of the rocket manufacturer's stock, valued at approximately $179,000.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc lifted its holdings in shares of Rocket Lab by 118.1% during the first quarter. Versant Capital Management Inc now owns 1,588 shares of the rocket manufacturer's stock worth $28,000 after buying an additional 860 shares during the last quarter. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Rocket Lab during the first quarter worth approximately $29,000. Farther Finance Advisors LLC lifted its holdings in shares of Rocket Lab by 181.1% during the first quarter. Farther Finance Advisors LLC now owns 1,903 shares of the rocket manufacturer's stock worth $35,000 after buying an additional 1,226 shares during the last quarter. Spectrum Wealth Counsel LLC lifted its holdings in shares of Rocket Lab by 100.0% during the first quarter. Spectrum Wealth Counsel LLC now owns 2,000 shares of the rocket manufacturer's stock worth $36,000 after buying an additional 1,000 shares during the last quarter. Finally, National Bank of Canada FI lifted its holdings in shares of Rocket Lab by 39.8% during the first quarter. National Bank of Canada FI now owns 3,118 shares of the rocket manufacturer's stock worth $56,000 after buying an additional 887 shares during the last quarter. 71.78% of the stock is currently owned by institutional investors and hedge funds.

Rocket Lab Price Performance

Shares of RKLB stock opened at $53.34 on Monday. The stock's fifty day moving average is $45.25 and its 200-day moving average is $31.09. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.67. The stock has a market capitalization of $25.57 billion, a PE ratio of -118.53 and a beta of 2.17. Rocket Lab Corporation has a 52 week low of $6.91 and a 52 week high of $54.03.

Rocket Lab (NASDAQ:RKLB - Get Free Report) last announced its earnings results on Thursday, August 7th. The rocket manufacturer reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.06). The business had revenue of $144.50 million for the quarter, compared to the consensus estimate of $135.42 million. Rocket Lab had a negative return on equity of 48.14% and a negative net margin of 45.87%.Rocket Lab's revenue for the quarter was up 35.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.08) EPS. Rocket Lab has set its Q3 2025 guidance at EPS. Equities research analysts expect that Rocket Lab Corporation will post -0.38 EPS for the current fiscal year.

Insider Activity at Rocket Lab

In other news, Director Merline Saintil sold 6,353 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $33.38, for a total transaction of $212,063.14. Following the sale, the director owned 419,569 shares in the company, valued at approximately $14,005,213.22. This represents a 1.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Citigroup restated a "buy" rating and issued a $50.00 target price (up from $33.00) on shares of Rocket Lab in a research note on Monday, July 14th. Craig Hallum assumed coverage on Rocket Lab in a research note on Monday, July 28th. They issued a "hold" rating and a $51.00 target price for the company. Roth Capital restated a "buy" rating on shares of Rocket Lab in a research note on Friday, August 29th. KeyCorp upped their target price on Rocket Lab from $40.00 to $50.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Finally, Cantor Fitzgerald upped their target price on Rocket Lab from $35.00 to $54.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Rocket Lab presently has a consensus rating of "Moderate Buy" and an average price target of $42.27.

About Rocket Lab

Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

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