Rocket Lab Corporation $RKLB Stock Sold by Vise Technologies Inc.

Key Points

• Vise Technologies cut its Rocket Lab stake by 84.8% in the third quarter, selling 72,018 shares and retaining 12,908 shares valued at about $899,000.
• Rocket Lab’s third-quarter revenue rose 72.7% year over year to $267.8 million, beating estimates, while backlog grew by $1.2 billion; however, its $0.12-per-share loss was wider than expected.
• Neutron launch demand is building, with more than $515 million in deals and 16 missions in backlog, but its first launch is now expected in 2027.

Vise Technologies Inc. decreased its stake in Rocket Lab Corporation (NASDAQ:RKLB - Free Report) by 84.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,908 shares of the rocket manufacturer's stock after selling 72,018 shares during the period. Vise Technologies Inc.'s holdings in Rocket Lab were worth $899,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RKLB. BlackRock Inc. bought a new position in Rocket Lab during the 2nd quarter worth approximately $4,124,970,000. Katamaran Capital LLP increased its stake in shares of Rocket Lab by 86.2% during the first quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer's stock valued at $1,272,000 after buying an additional 9,172 shares during the period. Y.D. More Investments Ltd bought a new position in shares of Rocket Lab during the first quarter valued at approximately $642,000. Swiss National Bank lifted its stake in Rocket Lab by 17.8% in the first quarter. Swiss National Bank now owns 1,410,930 shares of the rocket manufacturer's stock worth $90,610,000 after acquiring an additional 212,700 shares during the period. Finally, Bank of Nova Scotia boosted its holdings in Rocket Lab by 149.8% in the first quarter. Bank of Nova Scotia now owns 49,957 shares of the rocket manufacturer's stock valued at $3,209,000 after acquiring an additional 29,956 shares in the last quarter. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Rocket Lab

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

• Positive Sentiment: Revenue rose 72.7% year over year to $267.8 million, beating analyst estimates. The company also reported record backlog growth of $1.2 billion, or 52% sequentially, positive GAAP operating cash flow, and forecast fourth-quarter revenue of about $280 million at the midpoint with gross-margin expansion. Rocket Lab Q3 2026 results
• Positive Sentiment: Rocket Lab secured more than $515 million in Neutron launch deals during the quarter. The rocket’s backlog reached 16 missions, and the company raised its base launch price to $70 million for several missions—evidence of customer demand ahead of Neutron’s debut. Neutron launch deals
• Negative Sentiment: The quarterly loss was $0.12 per share, wider than analysts’ expected $0.07 loss. Reports attributed the after-hours share decline to the earnings miss, despite the revenue beat and stronger outlook. Rocket Lab shares fall after earnings miss
• Negative Sentiment: Neutron’s first launch is now expected in 2027, extending a key execution risk for investors even as the launch vehicle’s customer backlog grows. Neutron debut delay

Rocket Lab Stock Performance

Shares of RKLB stock opened at $58.86 on Tuesday. Rocket Lab Corporation has a one year low of $37.57 and a one year high of $151.00. The company's 50-day moving average is $62.45 and its 200 day moving average is $78.80. The company has a market capitalization of $35.22 billion, a price-to-earnings ratio of -217.99 and a beta of 3.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.98 and a current ratio of 5.48.

Rocket Lab (NASDAQ:RKLB - Get Free Report) last issued its earnings results on Monday, November 9th. The rocket manufacturer reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.05). The firm had revenue of $267.83 million during the quarter, compared to the consensus estimate of $257.21 million. Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%. Sell-side analysts expect that Rocket Lab Corporation will post -0.20 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on RKLB. Barclays initiated coverage on shares of Rocket Lab in a research note on Friday, October 9th. They set an "overweight" rating and a $85.00 target price on the stock. Needham & Company LLC restated a "buy" rating and issued a $120.00 target price on shares of Rocket Lab in a research note on Friday, October 16th. Citigroup reiterated a "market outperform" rating on shares of Rocket Lab in a report on Friday, October 16th. KeyCorp reduced their target price on shares of Rocket Lab from $135.00 to $100.00 and set an "overweight" rating on the stock in a research report on Thursday, October 15th. Finally, Cantor Fitzgerald reissued a "mixed" rating and set a $122.00 price target on shares of Rocket Lab in a research report on Thursday, October 15th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $102.05.

Insider Activity

In related news, insider Frank Klein sold 35,558 shares of the stock in a transaction that occurred on 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 transaction, the insider owned 925,737 shares in the company, valued at $61,663,341.57. This represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Marvin Clevenger sold 15,051 shares of the firm's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $69.63, for a total transaction of $1,048,001.13. Following the completion of the sale, the insider owned 458,924 shares in the company, valued at $31,954,878.12. This represents a 3.18% decrease in their position. The SEC filing for this sale provides additional information. 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. Over the last 90 days, insiders have sold 551,832 shares of company stock worth $34,940,037. 8.40% of the stock is owned by corporate insiders.

About Rocket Lab

Rocket Lab is a space company that provides launch services and spacecraft and satellite systems for commercial, civil, and national security customers. Founded in 2006 by Peter Beck, the company operates internationally, with headquarters in Long Beach, California, and launch operations in New Zealand and the United States.

Its launch business centers on Electron, a small orbital rocket designed to carry satellites to space, and HASTE, a suborbital vehicle used for hypersonic test missions.

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