Waverly Advisors LLC Cuts Stock Position in Rocket Lab Corporation $RKLB

Posted by Geri Gentry on Jul 31st, 2026

Waverly Advisors LLC cut its stake in shares of Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 31.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,786 shares of the rocket manufacturer’s stock after selling 13,046 shares during the quarter. Waverly Advisors LLC’s holdings in Rocket Lab were worth $1,849,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mcguire Capital Advisors Inc. purchased a new position in Rocket Lab during the 4th quarter worth $27,000. Zions Bancorporation National Association UT acquired a new stake in shares of Rocket Lab in the 4th quarter worth $28,000. EverSource Wealth Advisors LLC boosted its holdings in shares of 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 acquiring an additional 416 shares in the last quarter. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Rocket Lab in the fourth quarter valued at about $29,000. Finally, Reflection Asset Management acquired a new position in shares of Rocket Lab during the fourth quarter worth about $30,000. 71.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on RKLB. Citizens Jmp increased their price target on shares of Rocket Lab from $95.00 to $130.00 and gave the stock a “market outperform” rating in a report on Tuesday, June 30th. KeyCorp raised Rocket Lab from a “sector weight” rating to an “overweight” rating and set a $135.00 price objective on the stock in a report on Monday, June 15th. Needham & Company LLC reiterated a “buy” rating and set a $120.00 target price on shares of Rocket Lab in a research report on Tuesday, June 30th. TD Cowen increased their target price on Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, New Street Research assumed coverage on Rocket Lab in a research note on Wednesday, May 13th. They issued a “buy” rating and a $150.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $110.29.

Get Our Latest Stock Analysis on Rocket Lab

Insider Activity

In other Rocket Lab news, SVP Arjun Kampani sold 88,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $107.98, for a total transaction of $9,502,240.00. Following the sale, the senior vice president directly owned 264,705 shares in the company, valued at approximately $28,582,845.90. The trade was a 24.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank Klein sold 44,390 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $142.57, for a total value of $6,328,682.30. Following the completion of the sale, the insider directly owned 1,043,847 shares in the company, valued at $148,821,266.79. This trade represents a 4.08% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 3,849,294 shares of company stock valued at $362,816,208 in the last 90 days. Insiders own 8.40% of the company’s stock.

Key Headlines Impacting Rocket Lab

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

Positive Sentiment: New iQPS contract: Rocket Lab secured an agreement with Japan’s iQPS for three dedicated Electron launches to deploy synthetic-aperture radar satellites. It is iQPS’s third multi-launch Electron booking in less than a year, strengthening Rocket Lab’s launch backlog and supporting demand for its small-launch services. Rocket Lab Secures Multi-Launch Deal with iQPS for Three Dedicated Missions
Positive Sentiment: Government and long-term growth catalysts: Investor attention is also focused on Rocket Lab’s record $266 million U.S. Space Force award for at least 12 missile-defense test missions, progress toward the Neutron rocket and potential analyst price-target upside. The company’s first-quarter revenue rose 63% year over year to about $200 million, exceeding estimates, indicating strong operating momentum. Should You Buy Rocket Lab Stock After It Just Won Its Largest Launch Contract in History?
Neutral Sentiment: Oversold rebound: Coverage characterized the recent move as a bounce after a sharp sell-off, with shares near technical support and oversold levels. This may attract short-term traders, but it does not by itself change Rocket Lab’s underlying earnings outlook.
Negative Sentiment: Profitability and valuation concerns: Rocket Lab remains unprofitable, with a negative net margin near 27%, while substantial spending on Neutron could keep near-term cash burn elevated. Government contract revenue will be recognized over multiple years rather than immediately offsetting development costs. Space sector repricing and Rocket Lab fundamentals
Negative Sentiment: Sector and insider-selling pressure: The repricing of high-growth aerospace stocks, including SpaceX, has reduced investor appetite for loss-making space companies. Separately, reported open-market insider activity showed 106 sales and no purchases over six months, including significant sales by executives, which may weigh on sentiment.

Rocket Lab Trading Up 10.4%

Shares of Rocket Lab stock opened at $64.68 on Friday. The company has a 50-day moving average of $97.13 and a two-hundred day moving average of $86.50. Rocket Lab Corporation has a 12-month low of $37.57 and a 12-month high of $151.00. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02. The stock has a market cap of $37.43 billion, a PE ratio of -202.13 and a beta of 2.54.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). The business had revenue of $200.35 million for the quarter, compared to analyst estimates of $189.65 million. Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The company’s quarterly revenue was up 63.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.12) EPS. On average, research analysts anticipate that Rocket Lab Corporation will post -0.26 EPS for the current fiscal year.

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.