World Equity Group Inc. Makes New Investment in Rocket Lab Corporation $RKLB

Posted by Brenda Bartman on Jul 20th, 2026

World Equity Group Inc. purchased a new stake in shares of Rocket Lab Corporation (NASDAQ:RKLB – Free Report) in the first quarter, HoldingsChannel reports. The institutional investor purchased 7,624 shares of the rocket manufacturer’s stock, valued at approximately $490,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Aventura Private Wealth LLC bought a new position in shares of Rocket Lab in the 4th quarter worth approximately $25,000. Mcguire Capital Advisors Inc. bought a new stake in Rocket Lab during the fourth quarter valued at approximately $27,000. Zions Bancorporation National Association UT bought a new stake in Rocket Lab during the fourth quarter valued at approximately $28,000. EverSource Wealth Advisors LLC grew its position in Rocket Lab by 109.5% during the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock valued at $28,000 after buying an additional 416 shares during the period. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in Rocket Lab during the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Insider Activity at Rocket Lab

In other Rocket Lab news, Director Alexander R. Slusky sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $123.60, for a total transaction of $4,944,000.00. Following the sale, the director directly owned 334,675 shares in the company, valued at $41,365,830. This represents a 10.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Marvin Bradford Clevenger sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $146.67, for a total value of $513,345.00. Following the completion of the sale, the insider directly owned 473,975 shares of the company’s stock, valued at $69,517,913.25. The trade was a 0.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,849,294 shares of company stock valued at $362,816,208 over the last ninety days. 8.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on RKLB shares. Stifel Nicolaus set a $132.00 price target on shares of Rocket Lab in a research report on Thursday, June 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Rocket Lab in a research report on Tuesday, April 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $96.00 price objective on shares of Rocket Lab in a research note on Tuesday, June 30th. BTIG Research restated a “hold” rating on shares of Rocket Lab in a research report on Tuesday, May 12th. Finally, Wells Fargo & Company began coverage on Rocket Lab in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $60.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Rocket Lab presently has a consensus rating of “Moderate Buy” and an average price target of $110.18.

View Our Latest Stock Analysis on Rocket Lab

Rocket Lab Price Performance

Rocket Lab stock opened at $67.62 on Monday. Rocket Lab Corporation has a 52-week low of $37.57 and a 52-week high of $151.00. The company has a quick ratio of 4.02, a current ratio of 4.47 and a debt-to-equity ratio of 0.02. The firm’s fifty day moving average is $107.97 and its 200 day moving average is $87.27. The company has a market cap of $39.14 billion, a price-to-earnings ratio of -211.31 and a beta of 2.54.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, hitting analysts’ consensus estimates of ($0.07). The business had revenue of $200.35 million during the quarter, compared to analysts’ expectations of $189.65 million. Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The business’s revenue was up 63.4% on a year-over-year basis. During the same period last year, the company posted ($0.12) EPS. Sell-side analysts forecast that Rocket Lab Corporation will post -0.26 EPS for the current fiscal year.

Key Stories Impacting Rocket Lab

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

Negative Sentiment: Piper Sandler initiated coverage with a Neutral/Hold view, signaling limited near-term upside and adding to investor caution after the stock had already been sliding. Rocket Lab Stock Plunges After Piper Sandler Starts Coverage at Neutral
Negative Sentiment: Investors are also worried about Rocket Lab’s pending $8 billion Iridium acquisition, including possible share dilution and the need for $3.6 billion in bridge financing, which could weigh on the stock. Why Is Rocket Lab Stock Falling on Thursday?
Negative Sentiment: Recent reports point to a broader selloff across space stocks, with fear around debt, volatility, and sector sentiment spilling over into RKLB. AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
Negative Sentiment: Technical traders say RKLB broke an important support level, raising the risk of further downside if buyers do not step in soon. Stock of the Day: Where Is the Bottom for Rocket Lab?

Rocket Lab Company 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.