Rakuten Investment Management Inc. Acquires 12,205 Shares of Rocket Lab Corporation $RKLB

Key Points

• Rakuten Investment Management increased its Rocket Lab stake by 16.3% in the third quarter, buying 12,205 shares and bringing its holdings to 87,199 shares, valued at about $6.1 million.
• Rocket Lab insiders sold shares recently, including Frank Klein and Marvin Clevenger; both transactions were made under pre-arranged trading plans. Overall, insiders sold 551,832 shares worth approximately $34.9 million in the last quarter.
• Rocket Lab’s latest quarterly results missed the consensus EPS estimate ($0.08 loss versus $0.06 expected), though revenue exceeded estimates at $234.1 million. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $102.05.

Rakuten Investment Management Inc. lifted its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLB - Free Report) by 16.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,199 shares of the rocket manufacturer's stock after purchasing an additional 12,205 shares during the period. Rakuten Investment Management Inc.'s holdings in Rocket Lab were worth $6,078,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of RKLB. Versant Capital Management Inc increased its position in Rocket Lab by 5.1% during the second quarter. Versant Capital Management Inc now owns 2,049 shares of the rocket manufacturer's stock worth $208,000 after buying an additional 100 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its holdings in shares of Rocket Lab by 7.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 1,869 shares of the rocket manufacturer's stock worth $120,000 after acquiring an additional 124 shares during the last quarter. Parvin Asset Management LLC raised its holdings in shares of Rocket Lab by 4.0% in the first quarter. Parvin Asset Management LLC now owns 3,665 shares of the rocket manufacturer's stock worth $235,000 after acquiring an additional 140 shares during the last quarter. Wedmont Private Capital lifted its position in shares of Rocket Lab by 3.5% in the third quarter. Wedmont Private Capital now owns 4,644 shares of the rocket manufacturer's stock valued at $318,000 after acquiring an additional 157 shares in the last quarter. Finally, DMC Group LLC lifted its position in shares of Rocket Lab by 5.0% in the second quarter. DMC Group LLC now owns 3,553 shares of the rocket manufacturer's stock valued at $361,000 after acquiring an additional 170 shares in the last quarter. 71.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Rocket Lab

In other news, insider Frank Klein sold 35,558 shares of the company's stock in a transaction dated 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 completion of the transaction, the insider 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Marvin Clevenger sold 15,051 shares of the company's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $69.63, for a total transaction of $1,048,001.13. Following the transaction, the insider directly owned 458,924 shares of the company's stock, valued at approximately $31,954,878.12. This represents a 3.18% decrease in their position. 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 551,832 shares of company stock worth $34,940,037 in the last quarter. 8.40% of the stock is currently owned by corporate insiders.

Rocket Lab Price Performance

Shares of RKLB opened at $45.99 on Friday. Rocket Lab Corporation has a fifty-two week low of $37.57 and a fifty-two week high of $151.00. The stock has a fifty day moving average of $62.85 and a two-hundred day moving average of $79.13. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01.

Rocket Lab (NASDAQ:RKLB - Get Free Report) last posted its quarterly earnings data 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). The business had revenue of $234.07 million for the quarter, compared to analyst estimates of $231.62 million. Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%. Equities research analysts forecast that Rocket Lab Corporation will post -0.20 earnings per share for the current fiscal year.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: Rocket Lab’s Electron vehicle continues to provide an operating track record: the company completed 19 launches in 2026 and is approaching its 100th mission. Coverage also points to a growing backlog as support for the business beyond Neutron. Why Rocket Lab’s Electron Rocket Matters More Than Ever
• Neutral Sentiment: Investors are awaiting third-quarter results on November 9. The report could clarify revenue growth and performance across Space Systems and launch services; expectations cited in recent coverage include continued revenue growth, alongside margin pressure. Rocket Lab Earnings Preview: Space Systems vs. Launch Services
• Negative Sentiment: The immediate headwind is a market-wide sell-off in high-growth and speculative stocks following election-related concerns about scrutiny and possible limits on data-center construction. Rocket Lab appears to be caught in the spillover, rather than reacting to a new company-specific announcement. Why Rocket Lab Stock Dropped Today
• Negative Sentiment: Neutron’s debut has been delayed after a manufacturing challenge, even though the issue was reportedly overcome. The delay raises execution risk because the larger rocket is central to Rocket Lab’s next growth phase. Why Rocket Lab Stock Plunged in October
• Negative Sentiment: Commentary flags potential dilution and funding demands tied to the proposed Iridium acquisition, alongside ongoing losses and a valuation that may leave little room for execution setbacks. CFO Adam Spice and a director also reported share sales under pre-arranged trading plans; such sales do not necessarily signal a change in their outlook. Space Stocks Compared on Key Financial Measures

Wall Street Analyst Weigh In

RKLB has been the topic of a number of analyst reports. Berenberg Bank initiated coverage on Rocket Lab in a research note on Wednesday, September 2nd. They set a "buy" rating and a $83.00 price objective on the stock. Citizens Jmp dropped their price objective on Rocket Lab from $130.00 to $90.00 and set a "market outperform" rating for the company in a research report on Friday, October 16th. Barclays started coverage on shares of Rocket Lab in a research note on Friday, October 9th. They issued an "overweight" rating and a $85.00 target price for the company. Weiss Ratings restated a "sell (d-)" rating on shares of Rocket Lab in a report on Thursday, October 15th. Finally, TD Cowen reaffirmed a "buy" rating and set a $90.00 price target on shares of Rocket Lab in a research note on Thursday, October 15th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $102.05.

Rocket Lab Company Profile

Rocket Lab USA, Inc is a space and defense company that develops and operates launch vehicles, spacecraft, satellite components and related space systems. The company serves government, commercial and scientific customers seeking access to orbit and other space-based capabilities.

Rocket Lab's launch business is centered on Electron, a small orbital launch vehicle designed to carry satellites and other payloads into low Earth orbit. The company also develops specialized launch and hypersonic test services through programs such as HASTE, while its Neutron vehicle is intended to provide larger payload capacity and support future commercial and government missions.

Through its space systems business, Rocket Lab produces satellite platforms, flight computers, power systems, solar cells, reaction wheels, separation systems, radios and other components used in spacecraft.

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