IQ EQ FUND MANAGEMENT IRELAND Ltd Buys 95,917 Shares of Rocket Lab Corporation $RKLB

IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in shares of Rocket Lab Corporation (NASDAQ:RKLB) by 134.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 167,268 shares of the rocket manufacturer’s stock after acquiring an additional 95,917 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Rocket Lab were worth $8,014,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Arizona State Retirement System boosted its position in Rocket Lab by 13.6% during the third quarter. Arizona State Retirement System now owns 127,794 shares of the rocket manufacturer’s stock valued at $6,123,000 after buying an additional 15,307 shares during the period. Cadent Capital Advisors LLC bought a new stake in shares of Rocket Lab in the 3rd quarter valued at about $668,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake 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 valued at $35,512,000 after acquiring an additional 306,713 shares during the last quarter. Orion Porfolio Solutions LLC purchased a new stake in Rocket Lab during the 2nd quarter valued at about $1,009,000. Finally, Norges Bank bought a new position in Rocket Lab during the 2nd quarter worth approximately $164,751,000. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Rocket Lab Stock Performance

Shares of RKLB opened at $66.32 on Friday. The company has a 50-day simple moving average of $72.43 and a two-hundred day simple moving average of $58.20. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.18 and a quick ratio of 2.83. The firm has a market capitalization of $35.43 billion, a PE ratio of -174.53 and a beta of 2.16. Rocket Lab Corporation has a one year low of $14.71 and a one year high of $99.58.

Rocket Lab (NASDAQ:RKLB) last announced its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative return on equity of 27.26% and a negative net margin of 35.64%.The firm had revenue of $155.08 million during the quarter, compared to analyst estimates of $152.45 million. During the same quarter in the prior year, the company earned ($0.10) EPS. The business’s revenue was up 48.0% compared to the same quarter last year. On average, analysts anticipate that Rocket Lab Corporation will post -0.38 EPS for the current fiscal year.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: Analysts and price targets still support upside: several firms maintain buy/overweight views and a recent price‑target lift points to continued bullish conviction among some sell‑side analysts, which could cap downside over time. Read More.
• Positive Sentiment: Defense and government work are expanding: social and trade coverage highlights progress in hypersonic (MACH‑TB/HASTE) testing and an increasing footprint in U.S. national‑security programs, which supports recurring revenue potential and backlog diversification. Read More.
• Positive Sentiment: Launch cadence and revenue growth remain strong: recent coverage notes rapid Electron launch activity and meaningful year‑over‑year revenue growth, helping offset program‑level setbacks and supporting commercial momentum. Read More.
• Neutral Sentiment: Options traders see a potential sentiment mismatch: some market pieces argue option pricing may understate future volatility, creating trading opportunities even if fundamental direction remains unclear. Read More.
• Neutral Sentiment: Investor debate around Neutron program: coverage highlights setbacks on Neutron development — these are programmatic risks but not immediate revenue drains, making them a medium‑term watch item. Read More.
• Negative Sentiment: Congress declined funding for the planned 2031 Mars sample‑return mission tied to Perseverance, removing a potential NASA contract/launch source and prompting investor concern about near‑term government demand. Read More.
• Negative Sentiment: Sector rotation and a space‑stock selloff: market reaction to events around SpaceX and xAI, plus a broader software rout, has pushed investors out of smaller space peers, amplifying RKLB weakness. Read More.
• Negative Sentiment: Analyst caution and near‑term volatility risk: preview pieces and a downgrade narrative argue even an earnings beat may not stop selling, raising the probability of short‑term downside if expectations shift. Read More.
• Negative Sentiment: High insider selling: summaries of recent insider dispositions show extensive sales by executives, which can weigh on sentiment and investor confidence even if sales are for diversification. Read More.

Insider Buying and Selling at Rocket Lab

In other Rocket Lab news, SVP Arjun Kampani sold 28,615 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $40.65, for a total transaction of $1,163,199.75. Following the completion of the transaction, the senior vice president owned 461,014 shares of the company’s stock, valued at approximately $18,740,219.10. This trade represents a 5.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Adam C. Spice sold 1,365,665 shares of the company’s stock in a transaction dated 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 in the company, valued at $102,647,384. This represents a 50.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 4,306,150 shares of company stock valued at $271,865,732. Company insiders own 11.90% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on RKLB shares. Robert W. Baird raised Rocket Lab to a “strong-buy” rating in a research note on Thursday, October 16th. Needham & Company LLC increased their price target on shares of Rocket Lab from $63.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, December 23rd. Citigroup restated a “market perform” rating on shares of Rocket Lab in a research report on Wednesday, November 12th. Stifel Nicolaus increased their target price on shares of Rocket Lab from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Finally, Bank of America raised their target price on Rocket Lab from $60.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $72.92.

Rocket Lab Company 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.