Sigma Planning Corp Cuts Stock Position in Rocket Lab Corporation $RKLB

Key Points

• Sigma Planning Corp cut its stake in Rocket Lab by 78.7% in Q4, selling 15,042 shares and leaving 4,071 shares valued at about $284,000 according to its SEC filing.
• Rocket Lab reported a record quarter with roughly $200M in revenue (up 63% YoY), stronger Q2 guidance and a ~$2.2B backlog alongside new launch, defense wins and an acquisition, but the company remains unprofitable with negative net margins and ROE amid post-earnings volatility and mixed analyst views.

Sigma Planning Corp lessened its stake in Rocket Lab Corporation (NASDAQ:RKLB - Free Report) by 78.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,071 shares of the rocket manufacturer's stock after selling 15,042 shares during the period. Sigma Planning Corp's holdings in Rocket Lab were worth $284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sara Bay Financial grew its stake in shares of Rocket Lab by 0.7% during the fourth quarter. Sara Bay Financial now owns 15,905 shares of the rocket manufacturer's stock worth $1,121,000 after acquiring an additional 117 shares during the last quarter. ORG Partners LLC grew its stake in shares of Rocket Lab by 9.1% during the fourth quarter. ORG Partners LLC now owns 1,458 shares of the rocket manufacturer's stock worth $102,000 after acquiring an additional 121 shares during the last quarter. Traynor Capital Management Inc. grew its stake in shares of Rocket Lab by 1.9% during the fourth quarter. Traynor Capital Management Inc. now owns 7,191 shares of the rocket manufacturer's stock worth $502,000 after acquiring an additional 133 shares during the last quarter. Capital Advisors Wealth Management LLC grew its stake in shares of Rocket Lab by 1.0% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 13,466 shares of the rocket manufacturer's stock worth $939,000 after acquiring an additional 136 shares during the last quarter. Finally, Quadcap Wealth Management LLC grew its stake in shares of Rocket Lab by 2.3% during the fourth quarter. Quadcap Wealth Management LLC now owns 6,246 shares of the rocket manufacturer's stock worth $436,000 after acquiring an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 71.78% of the company's stock.

Rocket Lab Trading Down 7.2%

Rocket Lab stock opened at $78.58 on Friday. The company has a current ratio of 4.08, a quick ratio of 3.61 and a debt-to-equity ratio of 0.10. Rocket Lab Corporation has a 12 month low of $20.23 and a 12 month high of $99.58. The stock's 50 day simple moving average is $72.88 and its two-hundred day simple moving average is $68.50. The firm has a market cap of $44.74 billion, a PE ratio of -212.37 and a beta of 2.30.

Rocket Lab (NASDAQ:RKLB - Get Free Report) last announced its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07). The business had revenue of $200.35 million during the quarter, compared to the consensus estimate of $189.65 million. Rocket Lab had a negative return on equity of 19.01% and a negative net margin of 32.94%.The business's quarterly revenue was up 63.4% on a year-over-year basis. During the same period in the prior year, the company posted ($0.12) EPS. Analysts anticipate that Rocket Lab Corporation will post -0.22 earnings per share for the current year.

Analyst Ratings Changes

RKLB has been the subject of a number of research reports. Citizens Jmp raised Rocket Lab from a "market perform" rating to an "outperform" rating and set a $85.00 target price for the company in a report on Tuesday, April 7th. Wall Street Zen upgraded shares of Rocket Lab from a "sell" rating to a "hold" rating in a research note on Sunday, February 8th. KeyCorp lowered shares of Rocket Lab from an "overweight" rating to a "sector weight" rating in a research note on Thursday, January 15th. Wells Fargo & Company began coverage on Rocket Lab in a research report on Wednesday, April 1st. They issued an "equal weight" rating and a $60.00 price objective on the stock. Finally, Morgan Stanley upgraded Rocket Lab from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $67.00 to $105.00 in a research report on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nine 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.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $83.31.

Key Headlines Impacting Rocket Lab

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

• Positive Sentiment: Quarterly revenue and guidance: Rocket Lab reported a record quarterly revenue (~$200M) that beat Street estimates and issued stronger-than-expected Q2 revenue guidance ($225M–$240M), signaling top-line momentum. Read More.
• Positive Sentiment: Record backlog: Management booked a record backlog of ~$2.2B (above FactSet expectations), giving multi-year revenue visibility for launches and space systems. Read More.
• Positive Sentiment: Largest launch deal: Rocket Lab announced its biggest launch contract ever — multiple dedicated Neutron and Electron launches for a confidential customer, underpinning future launch volume. Read More.
• Positive Sentiment: New defense & government wins: Secured a ~$30M Anduril hypersonic-launch award and was selected with Raytheon for a Space Force interceptor demonstration — both expand the defense revenue mix. Read More.
• Positive Sentiment: Strategic M&A: Announced definitive agreement to acquire robotics/precision-mechanism firm Motiv, which could insource key satellite components and help scale space-systems manufacturing. Read More.
• Neutral Sentiment: Market/technical context: Some analysts noted RKLB has formed a trading base and trades near buy points, while traders were cautious into earnings — contributing to pre- and post-earnings volatility. Read More.
• Negative Sentiment: EPS and profitability remain a concern: Coverage was mixed on EPS — some reports show a small loss improvement year-over-year, while other data flagged the company missed some EPS expectations; Rocket Lab still posts negative net margin and a negative ROE. That ongoing unprofitability is a headwind for valuation. Read More.
• Negative Sentiment: Mixed headlines and volatility: Divergent headlines (revenue/backlog wins vs. continued losses and cautious pre-earnings positioning) produced choppy trading and a pullback in the share price despite otherwise strong commercial traction. Read More.

Insider Buying and Selling at Rocket Lab

In other news, Director Merline Saintil sold 18,126 shares of the company's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $75.04, for a total transaction of $1,360,175.04. Following the completion of the transaction, the director directly owned 261,903 shares of the company's stock, valued at $19,653,201.12. This represents a 6.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Peter Beck sold 18,857 shares of the company's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $69.59, for a total value of $1,312,258.63. Following the transaction, the chief executive officer directly owned 884,085 shares of the company's stock, valued at approximately $61,523,475.15. The trade was a 2.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 233,449 shares of company stock worth $16,487,233. 8.40% of the stock is currently owned by corporate insiders.

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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