Lisanti Capital Growth LLC Buys Shares of 16,195 Rocket Lab Corporation $RKLB

Posted by Brian Himes on Aug 20th, 2026

Lisanti Capital Growth LLC purchased a new stake in shares of Rocket Lab Corporation (NASDAQ:RKLB – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,195 shares of the rocket manufacturer’s stock, valued at approximately $1,646,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Rocket Lab in the 2nd quarter worth about $4,124,970,000. Bank of New York Mellon Corp purchased a new stake in Rocket Lab during the second quarter valued at about $245,764,000. Vanguard Group Inc. lifted its holdings in Rocket Lab by 13.4% during the fourth quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after purchasing an additional 5,610,469 shares during the last quarter. Norges Bank bought a new position in Rocket Lab during the fourth quarter worth about $341,036,000. Finally, Alliancebernstein L.P. increased its stake in shares of Rocket Lab by 818.8% in the third quarter. Alliancebernstein L.P. now owns 2,190,132 shares of the rocket manufacturer’s stock worth $104,929,000 after purchasing an additional 1,951,755 shares in the last quarter. Institutional investors own 71.78% of the company’s stock.

Insider Transactions at Rocket Lab

In related news, insider Frank Klein sold 44,390 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total value of $6,328,682.30. Following the sale, the insider owned 1,043,847 shares in the company, valued at approximately $148,821,266.79. This trade represents a 4.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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. Also, CEO Peter Beck sold 1,298,622 shares of Rocket Lab stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $84.92, for a total value of $110,278,980.24. Following the sale, the chief executive officer directly owned 2,715,181 shares of the company’s stock, valued at $230,573,170.52. This represents a 32.35% 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. In the last quarter, insiders have sold 3,749,294 shares of company stock valued at $351,008,208. Corporate insiders own 8.40% of the company’s stock.

Rocket Lab Stock Performance

Rocket Lab stock opened at $75.84 on Thursday. The firm’s 50 day simple moving average is $83.30 and its 200 day simple moving average is $85.35. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $45.38 billion, a PE ratio of -280.88 and a beta of 2.60. Rocket Lab Corporation has a 1-year low of $37.57 and a 1-year high of $151.00.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last posted its earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02). Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%.The firm had revenue of $234.07 million during the quarter, compared to analysts’ expectations of $231.62 million. As a group, analysts expect that Rocket Lab Corporation will post -0.25 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on RKLB. BTIG Research reissued a “hold” rating on shares of Rocket Lab in a research report on Tuesday, May 12th. Stifel Nicolaus set a $132.00 price objective on shares of Rocket Lab in a report on Thursday, June 4th. KGI Securities upgraded shares of Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 price objective for the company in a research note on Monday, July 27th. New Street Research assumed coverage on shares of Rocket Lab in a report on Wednesday, May 13th. They set a “buy” rating and a $150.00 target price on the stock. Finally, Bank of America increased their target price on Rocket Lab from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.65.

Read Our Latest Research Report on Rocket Lab

Key Headlines Impacting Rocket Lab

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

Positive Sentiment: Rocket Lab was selected for the U.S. Space Force’s Space Data Network Consortium and received two delivery orders totaling $12 million. The work supports secure optical communications for the Space Data Network Backbone and could position Rocket Lab for larger follow-on defense contracts if its technology performs successfully. Space Force selects Rocket Lab for Space Data Network Consortium
Positive Sentiment: The company also joined the Space Force’s $981 million NITE-STAR indefinite-delivery, indefinite-quantity program for space test and training infrastructure. The program’s ceiling is not guaranteed revenue, but participation expands Rocket Lab’s access to government opportunities. Rocket Lab joins $981 million Space Force program
Positive Sentiment: Recent coverage highlights strong operating momentum: second-quarter revenue reportedly rose 62% year over year to $234 million, while backlog reached approximately $2.36 billion. Cathie Wood’s ARK Invest also bought 160,890 shares, providing a potential sentiment boost. ARK buys Rocket Lab shares
Neutral Sentiment: Articles point to Rocket Lab’s broader scaling strategy, including Photon, GHOST responsive-launch systems and satellite-network work. These initiatives could diversify revenue beyond launches, but their long-term financial contribution remains dependent on execution and customer adoption. Can GHOST strengthen Rocket Lab’s responsive launch capabilities?
Negative Sentiment: Bearish analysis argues that the stock’s valuation has outpaced near-term earnings power. Rocket Lab remains unprofitable, and investors continue to face execution risk around scaling operations and the development of larger launch vehicle Neutron. Rocket Lab: The Math Doesn’t Work
Negative Sentiment: Broad selling in space-related equities is adding pressure, while the stock’s high-growth valuation leaves it sensitive to profit-taking and disappointing execution. The competing bullish and bearish articles suggest investors remain divided over whether future contracts justify the current price.

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.