Intellectus Partners LLC Acquires 5,775 Shares of Rocket Lab Corporation $RKLB

Intellectus Partners LLC increased its holdings in shares of Rocket Lab Corporation (NASDAQ:RKLBFree Report) by 8.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 73,550 shares of the rocket manufacturer’s stock after purchasing an additional 5,775 shares during the period. Rocket Lab makes up 1.0% of Intellectus Partners LLC’s holdings, making the stock its 18th biggest holding. Intellectus Partners LLC’s holdings in Rocket Lab were worth $5,131,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Aventura Private Wealth LLC bought a new position in Rocket Lab in the fourth quarter valued at about $25,000. UMB Bank n.a. raised its position in Rocket Lab by 352.5% in the third quarter. UMB Bank n.a. now owns 543 shares of the rocket manufacturer’s stock valued at $26,000 after purchasing an additional 423 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Rocket Lab by 109.5% in the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock valued at $28,000 after purchasing an additional 416 shares during the last quarter. V Square Quantitative Management LLC bought a new position in Rocket Lab in the fourth quarter valued at about $32,000. Finally, DecisionPoint Financial LLC raised its position in Rocket Lab by 91.1% in the fourth quarter. DecisionPoint Financial LLC now owns 472 shares of the rocket manufacturer’s stock valued at $33,000 after purchasing an additional 225 shares during the last quarter. 71.78% of the stock is currently owned by institutional investors.

Rocket Lab Trading Down 7.0%

NASDAQ RKLB opened at $114.70 on Thursday. The business has a 50 day simple moving average of $95.20 and a 200 day simple moving average of $77.95. Rocket Lab Corporation has a one year low of $25.24 and a one year high of $151.00. The stock has a market capitalization of $66.38 billion, a P/E ratio of -358.44 and a beta of 2.49. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.47 and a quick ratio of 4.02.

Rocket Lab (NASDAQ:RKLBGet Free Report) last released its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The business had revenue of $200.35 million during the quarter, compared to analysts’ expectations of $189.65 million. During the same quarter last year, the firm posted ($0.12) earnings per share. The firm’s revenue was up 63.4% on a year-over-year basis. Research analysts expect that Rocket Lab Corporation will post -0.29 earnings per share for the current year.

Insider Buying and Selling at Rocket Lab

In related news, insider Frank Klein sold 36,860 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $147.42, for a total transaction of $5,433,901.20. Following the completion of the sale, the insider owned 1,006,987 shares of the company’s stock, valued at $148,450,023.54. This trade represents a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Arjun Kampani sold 23,804 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $147.43, for a total value of $3,509,423.72. Following the sale, the senior vice president directly owned 352,705 shares of the company’s stock, valued at $51,999,298.15. This represents a 6.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 463,641 shares of company stock valued at $63,326,057 over the last ninety days. Insiders own 8.40% of the company’s stock.

Rocket Lab News Summary

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

  • Positive Sentiment: Rocket Lab’s business momentum remains strong, with Q1 FY26 backlog rising to a record $2 billion and revenue up 63% year over year, reinforcing the case that growth is being driven by spacecraft manufacturing and space systems, not just launches.
  • Positive Sentiment: Several articles highlight Rocket Lab’s improving long-term position as a vertically integrated defense and space contractor, with direct government contracts and expanding capabilities seen as key catalysts for future growth.
  • Neutral Sentiment: Analyst commentary remains broadly constructive, including a recent upgrade to Buy, but some research notes also caution that Neutron development, supply-chain constraints, and government-program dependence remain execution risks. Rocket Lab Upgraded To Buy: A New Era Of Growth
  • Neutral Sentiment: Rocket Lab’s recent run has been extremely strong, so some of today’s weakness may reflect normal profit-taking after a large advance rather than a fundamental problem. Rocket Lab Stock Soars 72% in Three Months: Can the Rise Continue?
  • Negative Sentiment: Multiple insider sales, including transactions by senior executives and directors, are weighing on sentiment and may add to near-term pressure on the shares.
  • Negative Sentiment: Broader space-sector weakness tied to SpaceX IPO buzz has also hit RKLB, as investors reassess whether capital will rotate into the new listing and away from public space names.

Analyst Upgrades and Downgrades

Several research firms have commented on RKLB. Craig Hallum upgraded Rocket Lab from a “hold” rating to a “buy” rating and set a $98.00 target price for the company in a research report on Friday, May 8th. New Street Research began coverage on Rocket Lab in a research report on Wednesday, May 13th. They issued a “buy” rating and a $150.00 target price for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a research report on Tuesday, April 21st. Wells Fargo & Company started coverage on Rocket Lab in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $60.00 price objective for the company. Finally, Citigroup restated an “outperform” rating on shares of Rocket Lab in a research report on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $97.19.

View Our Latest Analysis on Rocket Lab

Rocket Lab Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Rocket Lab (NASDAQ:RKLB)

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