Quantbot Technologies LP Sells 60,015 Shares of Rocket Lab Corporation $RKLB

Key Points

• Quantbot Technologies LP cut its Rocket Lab stake by 83.1% in Q3, selling 60,015 shares and retaining 12,192 shares worth $584,000.
• Heavy insider selling: CFO Adam C. Spice sold 1,365,665 shares for $103.1M, and insiders have sold 4,344,302 shares worth $279.7M in the past 90 days, leaving insiders with 11.90% ownership.
• Mixed fundamentals: Rocket Lab reported record full‑year revenue of about $602M and a $1.85B backlog, but management pushed the Neutron maiden flight to Q4 2026 and flagged higher near‑term R&D, while analysts’ consensus is a "Moderate Buy" with an average target of $75.92.

Quantbot Technologies LP reduced its stake in shares of Rocket Lab Corporation (NASDAQ:RKLB - Free Report) by 83.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,192 shares of the rocket manufacturer's stock after selling 60,015 shares during the quarter. Quantbot Technologies LP's holdings in Rocket Lab were worth $584,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in RKLB. Arizona State Retirement System increased its holdings in shares of Rocket Lab by 13.6% during the third quarter. Arizona State Retirement System now owns 127,794 shares of the rocket manufacturer's stock worth $6,123,000 after buying an additional 15,307 shares in the last quarter. Cadent Capital Advisors LLC acquired a new position in shares of Rocket Lab in the 3rd quarter worth approximately $668,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Rocket Lab by 44.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 992,777 shares of the rocket manufacturer's stock worth $35,512,000 after acquiring an additional 306,713 shares in the last quarter. Orion Porfolio Solutions LLC bought a new stake in Rocket Lab during the 2nd quarter worth approximately $1,009,000. Finally, Norges Bank bought a new stake in Rocket Lab during the 2nd quarter worth approximately $164,751,000. Institutional investors own 71.78% of the company's stock.

Insider Buying and Selling

In related news, CFO Adam C. Spice sold 1,365,665 shares of Rocket Lab stock in a transaction on Monday, January 5th. The stock was sold at an average price of $75.50, for a total transaction of $103,107,707.50. Following the completion of the sale, the chief financial officer directly owned 1,359,568 shares of the company's stock, valued at $102,647,384. The trade was a 50.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Merline Saintil sold 96,000 shares of the business's stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $86.58, for a total value of $8,311,680.00. Following the transaction, the director owned 292,529 shares of the company's stock, valued at $25,327,160.82. The trade was a 24.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 4,344,302 shares of company stock worth $279,695,404. 11.90% of the stock is currently owned by company insiders.

Rocket Lab News Summary

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.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. 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. Cantor Fitzgerald lifted their price target on Rocket Lab from $72.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Zacks Research lowered shares of Rocket Lab from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 10th. Finally, Stifel Nicolaus raised their price objective 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. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Rocket Lab has an average rating of "Moderate Buy" and an average price target of $75.92.

Rocket Lab Stock Up 0.2%

NASDAQ RKLB opened at $70.11 on Monday. The stock has a market capitalization of $37.45 billion, a P/E ratio of -189.48 and a beta of 2.20. Rocket Lab Corporation has a 52 week low of $14.71 and a 52 week high of $99.58. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.61 and a current ratio of 4.08. The stock has a fifty day moving average of $77.60 and a 200-day moving average of $62.23.

Rocket Lab 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.

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